More Chinese are using mobile devices to shop online than ever before, with more choosing to shop from their handsets than their computers during Friday's Singles' Day shopping event.

Singles' Day, China's annual online shopping event on Nov 11, smashed all previous records Friday as Chinese splurged across online market places.

High Speed Railway (HSR) trains are joining the battle to deliver goods for the Singles' Day (Nov 11) shopping spree, in Beijing from Friday.

BOE Technology Group Co Ltd, a leading supplier of semiconductor display products, plans to invest more than 100 billion yuan ($14.8 billion) and open at least 5,000 cooperative projects with partners in the next five years in order to transform itself into an internet of things technology developer.

Internet technology, industrial upgrading and policy incentives are the main three drivers for China's innovation and entrepreneurship, says Liu Jin, vice-chairman of the Cheung Kong Graduate School of Business.

Global Logistic Properties Ltd, the $6 billion owner of industrial property, has attracted takeover interest from an investor group that includes China's sovereign fund, sources with knowledge of the matter said.