Russia firm plans China cargo boost

PJCS TransContainer, Russia's biggest container operator, has announced a plan to expand its China business in response to the soaring cargo transit demand between China and Europe under the Belt and Road Initiative.

Automaker sees production, sales surge for NEVs

Beijing Electric Vehicle Co says that it expects to see a fourfold rise in new energy vehicle sales in the next three years, thanks to government support for the sector.

BYD chases 30% of e-bus market in North America

BYD Co Ltd is eyeing a 30 percent share of the electric-bus market in North America after expanding its manufacturing facility in the United States.

Bayer sows growth seeds

A global life science group has launched a training program about pesticide technology in a move to protect China's agricultural sector.

Unilever takes on the desert in Tibet

A major consumer goods powerhouse has spent seven years planting more than 10,000 mu (667 hectares) of grassland in Southwest China's Tibet autonomous region. This is a world record for a company involved in cultivating grasslands.

Sinopec fuels economic boom for rural region

China Petroleum and Chemical Corp has injected 315 million yuan ($48 million) into the Tibet autonomous region in the past 15 years to combat poverty.

IN BRIEF (Page 18)

Bike-sharing firms forced to slam on the brakes

China's bike-sharing craze is causing parking chaos, traffic congestion and is a safety hazard.

Recycling takes on a whole new meaning

They were once considered trendy, but now they are simply a nuisance.

Manufacturers face flat tire when sales bubble bursts

Bicycle manufacturers were quick to cash in on China's booming bike-sharing industry after going through lean times.

ERG on road to success in China

Eurasian Resources Group is making inroads into China's energy market by supplying a crucial ingredient for lithium-ion batteries.

Largest electric car maker establishing fund for country's monorail sector

China's largest electric car maker BYD Co's decision to develop a monorail system could complement its main business and add to its existing advantages, but the market's reaction remains to be seen, analysts and scholars said.