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Media center
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Biz updates
  • Listing door on New Third Board 'shut' for PE firms

    2015-12-24China's securities regulator has halted fundraising by private equity companies on the country's new share-transfer system, underscoring increased concerns over an overheating market and the amount of capital the companies have been raising.

  • LeTV sets up $780m fund with partner

    2015-12-24LeTV Sports, a unit of China's major online video company LeTV Holdings Co Ltd, is setting up a 5 billion yuan ($780 million) fund in partnership with Beijing Bird's Nest Culture & Creative Center to focus on sports industry projects.

  • Widely-used smart products to drive big data usage

    2015-12-23Smart TVs could well be the springboard for big data use, considering that the penetration rate for such products is already 70 to 80% in China.

  • Baidu maps out insurance plans

    2015-12-22Baidu Map, a desktop and mobile Web mapping service provided by China's online search giant Baidu Inc, aims to become a major auto insurance seller in the country, said a senior executive on Monday.

  • M&S puts stamp on Beijing

    2015-12-19Marks & Spencer Plc, the British clothing and food retailer, opened its first flagship store in Beijing on Friday as part of its strategy to increase its presence in large cities in China.

  • Supply-side reform made top priority

    2015-12-19The country's top leaders are likely to introduce all-round "supply-side reform" at the annual Central Economic Work Conference, which began on Friday in Beijing.

  • Apple, Samsung tap mobile payment potential

    2015-12-19Tech-savvy Chinese shoppers will have new options when paying for their loaded shopping bags this holiday season, as two top smartphone vendors are poised to launch mobile payment services in the country.

  • Tech giants place emphasis on the Internet of Things

    2015-12-18The Internet of Things could well be the next El Dorado for the tech industry in China as companies scramble to put everything online, experts said on Thursday.

  • Tsinghua Unigroup eyes place at top table

    2015-12-17Tsinghua Holdings Ltd said it is planning to launch a more than 100 billion yuan fund ($15.45 billion) with its partners to expand its presence in the integrated circuit industry.

  • Small firms showcase prowess at expo

    2015-12-16Small and medium-sized firms rubbed shoulders with industry bigwigs at the Internet Expo which has started in Wuzhen.

  • Baidu and BMW jointly test self-driven car

    2015-12-15China's search engine Baidu Inc said it tested the autonomous driving technology in a BMW 3 GT through urban traffic, fifth ring road and highway in Beijing on Dec 10.

  • Mainland approves more Taiwan investment projects

    2015-12-12The Chinese mainland approved 2,288 projects with investment from Taiwan in the first 10 months of 2015, a year-on-year increase of 20.9 percent.

  • China to launch 10 pilot reforms for SOEs

    2015-12-12China is to launch pilot reforms for state-owned enterprises in 10 areas in 2016, including ownership and executive hiring policy.

  • China FDI inflow rises 1.9% in November

    2015-12-12Foreign direct investment into the Chinese mainland rose 1.9 percent year on year to 64.9 billion yuan in November.

  • Beijing Digital set to spread wings abroad

    2015-12-11China's largest mobile phone retail chain, Beijing Digital Telecom Co Ltd, announced plans on Thursday to open 3,000 stores in at least 10 countries over the next five years, to expand its business to Africa, South Asia and Latin America.

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