Short-term lodging boosts tourism, property markets

Homeowners in China now have more choices when renting out their idle properties as short-term accommodation service providers online are differentiating their positioning and offerings.

Henan to get major gas facility

China's largest natural gas storage and logistics center is expected to start operation in Henan province by the end of 2018, as the country pushes on with a drive to ease the gas shortage during peak times, according to China Petrochemical Corp on Wednesday.

Microsoft champions latest Surface Pro laptop

Microsoft Corp is betting that China will lead the way for its hardware sales revival with the tech giant launching the latest Surface Pro - the lightweight laptop that also works as a tablet - among other product lineups in the country that has experienced the category's fastest growth internationally in recent years.

Baogang pushes on with steel expansion

Steel giant Baogang Group is planning to integrate its overseas operations and expand its market share through the Belt and Road Initiative.

Broadband drive makes rural areas prosperous

An increasing number of Chinese villages are connected online and achieving prosperity through e-commerce, thanks to the government's guidance to the country's three major telecom carriers to extend broadband internet connectivity to rural areas.

Ofo clicks into gear with UN scheme

Chinese bike-sharing company ofo Inc is teaming up with the United Nations Development Program to promote environmentally friendly solutions for short-distance travel.

Forbes hails China's donor entrepreneurs

Chines entrepreneurs are increasingly donating their money to the education sector, according to the latest Forbes China Charity List.

IN BRIEF (Page 18)

Vanlead tire unit to kick off global forays

Guangzhou Vanlead Group Co, one of China's leading radial tire producers, expects the construction of its $1 billion plant in the US state of South Carolina to start in the first half of next year.

Troubled LeEco 'plans to cut US workforce'

BEIJING - Chinese technology conglomerate LeEco plans to lay off more than 300 employees in the United States, reducing the headcount to about 50 people, according to a company source.

Value Partners slumps on stake sale talks

Value Partners Group, one of Asia's largest asset managers by market capitalization, plunged 4.3 percent on Tuesday after it confirmed talks over a potential stake sale on Monday evening.

Alibaba gets smart about deliveries

Cainiao Network Technology Co Ltd, a courier aggregator backed by Alibaba Group Holding Ltd, unveiled on Monday a smart logistics platform that uses 1 million new energy vehicles for express delivery, the latest move to ride China's logistics boom.