Gree sets up chip design subsidiary

Gree Electric Appliances Inc, a major home appliances maker based in Zhuhai, Guangdong province, has set up a subsidiary focused on the design, development and sales of computing chips, according to the local industrial and commercial authority.

Baijiu manufacturer eyes overseas success

Chinese liquor brand Jiangxiaobai aims to sell its small-bottled baijiu abroad, particularly in India, Myanmar and Singapore, in the latter part of this year, said the founder of the company.

AI automation to shake up labor market by 2030

China's labor market must be well-prepared to adapt to challenges brought by the rapid development of artificial intelligence, which is expected to replace 40 million to 50 million full-time jobs in the country within the next 15 years, according to a report released on Wednesday.

Summer camps helping to build cultural bridges

Chemical company China National Bluestar Group Co Ltd offers its employees' children the opportunity to make new friends from across the world at its summer camps, with which it aims to build cultural bridges to boost understanding.

Connectivity product maker linking future innovators with the world

Connectivity and sensor product manufacturer TE Connectivity headquartered in Schaffhausen of Switzerland is planning to donate digital devices to seven Chinese universities and engineering colleges as the company celebrates its 30th anniversary in China this year.

Jilin marathon to boost sustainable development

China Enterprise News (CEN) Group Sports Management Beijing Co Ltd and the local government will kick off a public welfare marathon in September in Changbai Mountain, Northeast China's Jilin province, to promote sustainable development.

IN BRIEF (Page 18)

Equities rally on improved fundamentals

The A-share market continued its rebound on Tuesday, with the benchmark indexes buoyed by a price rally among large-cap shares and certain consumer-related sectors.

Telecom carriers post strong H1 results

The top three major telecommunication carriers all reported rising revenues and profits in the first half of the year, despite the challenges posed by nationwide moves to boost internet speeds and reduce costs.

Profits in nonferrous sector surge on reforms

China's major nonferrous companies experienced a profitability surge in the first half of 2018, with analysts forecasting the industry's prospects are likely to remain promising throughout the year.

Online education gaining momentum

Online education is gaining momentum in China with the market scale expected to exceed 714 billion yuan ($104 billion) by 2025, a recent report from UBS Securities said.

E-commerce helps power used car sales

BEIJING - Fast developing e-commerce has helped boost sales of used cars in China, as the online secondhand market gains in quality and variety.