Venture capital can be an important driving force for the development of innovative small-and-medium enterprises in China, experts said on Nov 16 at a forum on venture capital investment.
China's top PC maker, Lenovo Group, said on Friday that it will build a new business center in West China's Sichuan province, as part of its efforts to support increasing demands and further expand business in the country's inland regions.
Chinese online video sites Youku.com and Tudou.com both plan to list on Nasdaq in the first quarter of 2011, aiming to raise $100-200 million, respectively, the China Business News cited sources as saying.
China's largest online shopping platform, Taobao.com, said on Tuesday that it plans to expand into the European and American markets by launching an integrated platform for cross-border online shopping at the beginning of next year, allowing Chinese e-consumers to shop beyond the Asian markets.
Sohu.com Inc, China's second-largest Web portal, said it aims to grab a 5 percent share of the country's online search sector next year amid Google Inc's reduced presence in the world's largest Internet market.
TCL Corp, one of China's major television and mobile phone makers, said Saturday its net profit in the first three quarters rose 27.43 percent year on year to 195.48 million yuan ($29.4 million).
China's largest search engine, Baidu Inc, says it now controls 80 percent of search traffic in the country after benefiting from the withdrawal of rival Google Inc from the world's largest Internet market.
The world's second largest computer maker by market share, Acer Inc, said on Friday that it expects to surpass Hewlett-Packard to become the world No 1 vendor of portable computers next year, as demand from emerging markets drives up sales.
China's homegrown fourth-generation (4G) mobile communication standard has been selected as one of six global benchmarks by the International Telecommunication Union (ITU), the Ministry of Industry and Information Technology said on Thursday.
Apple Inc CEO Steve Jobs unveiled the thinnest, lightest Mac laptop yet, fusing features from its popular iPhone and iPad with its traditional line of personal computers, Reuters reported Thursday.
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