Securities regulator eases buyback rules

China's securities regulator has released draft revisions of company rules that will broaden circumstances under which companies are permitted to buy back shares and simplify the procedures for buybacks.

Exxon Mobil to help build base in China

Huizhou in Guangdong province plans to establish a world-class, green petrochemicals production base after expanding cooperation with major global industry leaders.

Honor smartphone brand targets younger customers

Honor, one of Huawei Technologies Co Ltd's twin signature smartphone brands, is looking to develop more high-tech products at affordable prices to lure more young consumers.

Fosun set to spin off tourism unit

Shanghai-based conglomerate Fosun International has filed to the Hong Kong stock exchange for a spinoff and separate listing for its tourism unit.

Budget hotel brands change tack to meet rising demand

Chinese budget hotel groups saw satisfying growth in the first half of the year, as they continue to build higher-end hotels or upgrade existing brands to attract customers seeking premium accommodation options.

BYD opens auto ecosystem access to app developers

China's leading electric car maker BYD Co Ltd announced on Wednesday it will allow international app developers to access data and controls for its vehicles, encouraging them to produce third-party apps for its newly launched online driving ecosystem.

Oil major puts dance in spotlight

Before China National Petroleum Corp (CNPC) came to Kazakhstan, there was no academy of choreography in Astana, capital of the Central Asian country.

Fonterra to triple dairy product sales in China

Fonterra Co-operative Group Ltd, a global dairy exporter and manufacturer from New Zealand, has developed a green program to strengthen sustainable farming in the Chinese animal husbandry industry.

Tencent Foundation supporting public welfare

Tencent Foundation, the charitable platform set up by Shenzhen-based internet giant Tencent Holdings Ltd, will give about 400 million yuan ($58.5 million) this year to promote public welfare, as it celebrates the annual online charity day on Sept 9.

Tutoring platform offers rural students free lessons

Online tutoring platform Zhangmen is offering primary and middle school students free lessons to improve education levels in remote and impoverished areas across the country.

IN BRIEF (Page 18)

China, Africa on shared mission for better future

"Community with a shared future" has become so prominent in Chinese diplomacy lately that it should come as no surprise that the 2018 summit of the Forum on China-Africa Cooperation passed its Beijing declaration on Tuesday promising to build a "closer China-Africa community with a shared future".