Leading auto manufacturer GAC Motor has signed a memorandum of cooperation with Sanjiangyuan National Nature Reserve Administration and the World Wildlife Fund on a three-year environmental protection project, taking an important role in the development of China's first national park conservation plan.
HTC Corp has allocated $10 million in funding to drive virtual reality content and technologies that will create a positive impact and change in support of the United Nation's Sustainable Development Goals by 2030.
Tencent chairman and chief executive Ma Huateng topped the list of China's 100 most generous philanthropists last year, as he promised to donate 100 million shares of Tencent stock, equal to 16.985 billion yuan ($24.75 billion), according to a new report.
A net flow of 16 billion yuan ($2.3 billion) was recorded in the Shenzhen-Hong Kong Stock Connect after two months of the second stock link being in operation.
Citi (China) Co Ltd announced on Tuesday it has received approval from China's central bank to act as a bond settlement agent in the country's interbank bond market, thus becoming the first US-based bank to be granted a Type A Bond Settlement Agent license.
Chinese equities dropped as weaker oil prices weighed on energy companies, and as investors fretted over data on the nation's foreign-currency reserves to help gauge the outlook for the yuan.
The real estate industry is expected to continue to grow in Hainan, China's only tropical province, as more people look to buy holiday homes in an area with a favorable climate, said business insiders.
As a "pearl" in the South China Sea, Hainan is blessed with blue waters, soft white sand, bright sunshine and vibrant rainforests. It is attracting more tourists on holidays or to even buy homes of their own.
Nearly four years after President Xi Jinping vowed to shake up State-owned enterprises, 2016 appears to be another mixed story for oil and gas producers, steel-makers and aluminum smelters, with some grappling with declines while others are turning losses to profits or even beating earnings estimates.
China's listed coal companies turned major profits last year, reversing previous deep losses, because of rising coal prices according to the latest estimates - but one leading industry expert has warned of unsustainably high prices.
A Michigan-based subsidiary of China's biggest plastics maker will invest $60 million and create 150 jobs over the next three years with an expansion of its suburban Detroit plant.
|
|
|
|
|
|
|
|