China / Economy telecom service set for May

[2014-03-31 21:00]

China's second-largest e-commerce player by market share,, will officially launch its telecom service in May after becoming one of China's first mobile virtual network operators at the end of last year.

Real estate firm to invest 2m yuan in green technologies

[2014-03-31 20:52]

Franshion Properties (China) Limited, the Hong Kong-listed real estate arm under Sinochem Group, will invest 2 million yuan ($323,000) this year in the research and development of green technologies.

Shanghai media groups merge

[2014-03-31 20:18]

Shanghai Media and Entertainment Group and Shanghai Media Group merged on Monday, according to the newly established SMEGC's announcement.

Wenzhou to establish one-stop credit system

[2014-03-31 16:37]

Wenzhou, Zhejiang province, plans to establish a one-stop credit information system to improve the city's credit information environment.

China's external debt on the rise

[2014-03-31 13:32]

China's outstanding foreign debt had hit 863.2 billion U.S. dollars by the end of 2013, up 17 percent from the figure in the previous year, data from the country's forex regulator showed on Monday.

'First lady effect' a possible boon for ZTE

[2014-03-31 08:10]

ZTE, the Chinese cellphone maker, may get an unexpected boost in sales thanks to Peng Liyuan who took pictures with the firm's handset as she watched a soccer match in Europe.

No pain, no gain for China's reformers

[2014-03-31 07:50]

China is opting for a thorough cure for its problems - meaning it will struggle through a long incremental process of reform without entirely sacrificing growth.

Further opening-up a boon to business

[2014-03-29 07:25]

The further opening-up of the Chinese economy will bring more opportunities and potential for growth to Europe, according to Hubert Lienhard, chairman of the Asia-Pacific Committee of German Business.

Railway a growth engine for Sino-German trade

[2014-03-29 07:12]

President Xi Jinping's visit to Duisburg will provide an impetus to further developing the direct transcontinental railway between China and Germany, the chairman of the German logistics hub said.

Guangzhou announces 10 areas ripe for investment

[2014-03-28 21:17]

The top leader of Guangzhou, Guangdong province, announced 10 major areas for domestic and overseas investment on Friday, and welcomed investors from across the board: State-owned companies, private businesses and foreign firms.

Mobile game developer IDreamsky reaching for the clouds

[2014-03-28 21:13]

Shenzhen-based iDreamsky, a game developer and publisher, is on track to become the largest mobile game publishing platform in China, said the company's senior executive on Friday.

CNOOC net profit drops 11.4 percent

[2014-03-28 21:08]

China National Offshore Oil Corp Ltd, China's largest offshore oil and gas developer, announced on Friday a net profit decline last year of 11.4 percent year-on-year to 56.46 billion yuan ($9.11 billion).

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