Pinduoduo faces regulators over counterfeit goods

Central and Shanghai market regulators have launched investigations into complaints, led by Shenzhen-based television manufacturer Skyworth Group, that counterfeits are sold on Pinduoduo Inc's online discount platform. The State Administration for Market Regulation released an announcement on its official website on Wednesday, which said that they are paying significant attention to the many reports of infringement and counterfeit products sold on Pinduoduo's e-commerce site.

GAC Motor, WWF join hands to better protect environment

Efforts to protect the Sanjiangyuan National Park, China's first national park in the Qinghai-Tibet Plateau, will help to optimize the natural environment of the vast wetland and grassland areas in Northwest China, according to a senior company manager of GAC Motor.

Cigna & CMB donates to kids heart charity

Cigna & CMB Life Insurance Co Ltd, a joint venture insurance company, donated 500,000 yuan ($73,000) to the Ai You Foundation on July 11.

Zeiss Vision teams up for free lunch program

German optical products firm Zeiss Vision Care is working with a crowd-funding platform of Tencent Holding's charity unit to step up its campaign of donating free lunches to poor children in China.

SPIC empowering isolated regions

China's State Power Investment Corp, one of the country's five largest State-owned electricity producers, has invested 242 million yuan ($36 million) in poverty relief between 2015 and 2017, including 63.76 million yuan at a national level and 67.39 million yuan at a provincial level, the company said in its 2017 corporate social responsibility report.

IN BRIEF (Page 18)

Yili likely to buy stake in Pakistan firm

North China's Yili Industrial Group Co Ltd said it plans to acquire a stake of no more than 51 percent in Pakistani dairy maker Fauji Foods Ltd, according to a statement released on Tuesday.

Strong H1 results expected for oil and gas giants

China's major oil and gas giants expect their net profits and net incomes to surge for the first half of this year, benefiting from the revival in crude oil prices, but analysts believe high earnings growth will be hard to maintain in the second half as oil prices are unlikely to rise much above current levels.

R&D progress helps boost global influence

Chinese internet companies' continuous research and development improvements are driving their emergence as first-tier international players with core technologies, analysts said.

Cross-Straits trade booming

Fujian province in East China is fast becoming a strategic central point for the Chinese mainland's cross-Straits trade with Taiwan, as its free trade zone is launching preferential policies in response to the recent call for further opening-up from the State Council.

Pilot FTZ to benefit from financial innovation

Innovation in the financial sector is expected to play a bigger role in Tianjin's pilot free trade zone and drive the growth of the Beijing-Tianjin-Hebei Free Trade Port.

Foreign firms reap big TEDA rewards in North China

TIANJIN - Every 74 seconds, a car rolls off the assembly line of Tianjin FAW Toyota Motor Co Ltd in a development zone in Tianjin.