Construction of a research hospital, covering more than 70,000 square meters, will soon get started in the Boao Lecheng International Medical Tourism Pilot Zone by the end of the year as an effort to boost the pilot zone in South China's Hainan province, a senior official said on Tuesday.
China's dairy giant Mengniu announced on Monday it had made an acquisition offer to Australian infant formula producer Bellamy in a deal valued at $1 billion, to further penetrate the infant formula and food market while expanding its reach overseas.
The authorities in Shanghai issued the country's first permits on Monday to conduct operational tests of smart and connected vehicles, marking the latest step in China's efforts to speed up commercialization of autonomous driving.
Apple Inc's latest iPhones are receiving better-than-expected pre-orders in China, with analysts saying that the lower prices and more color options are boosting sales despite the US tech giant's mounting competition with local rivals.
Chinese oil and gas shares soared significantly on Monday, as prices soared in the wake of drone attacks on the world's biggest oil processing facility and an oilfield in Saudi Arabia.
SHANGHAI - In a small town with a population of less than 320,000 in Northwest China, Wang Gang was surprised to find the same imported milk brand he saw at the first China International Import Expo (CIIE) last November.
Before founding major Chinese new energy vehicle maker Nio Inc in 2014, Li Bin, founder and CEO of the company, organized a survey online in which the majority of respondents said short range and lack of charging facilities were the top barriers against an electric car purchase decision.
With the fast growth in China's new energy vehicle industry, it is inevitable that traditional oil and gas companies will enter the charging market, industry experts said.
Subsidies will no longer be easily available for electric vehicle charging infrastructure makers as the government has decided to extend funds to those that are commercially viable and able to guarantee a minimum usage, experts said.
Large-scale airports posted more sales revenue from their non-aviation business, especially in duty-free retail stores catering to affluent international travelers, helping to offset slower passenger throughput growth at major hubs in the country.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
