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Media center
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Biz updates
  • Sharing economy on the wheels of bicycles

    2016-12-05"Sharing economy is not in the future but is happening now. It is not only happening in the developed countries but also is reshaping developing countries such as China," said Zhang Yanqi, cofounder of ofo, a Beijing-based bike-sharing startup, at the sideline of Chuangyebang 100 Future Leaders Summit on Thursday.

  • New Oriental, iQiyi in education deal

    2016-12-03China's major streaming site iQiyi.com and New Oriental, one of the country's largest providers of private education, have entered an agreement to collaborate in areas such as exam training, English language learning and elementary education, executives of both companies told a forum in Beijing on Tuesday.

  • LeEco partners with AT

    2016-11-30LeEco announced on Tuesday that it has entered a strategic partnership with American telecom giant AT&T that will include it carrying the US company's DirecTV Now streaming service.

  • Baidu pushes business in recession-hit Brazil

    2016-11-28Beijing-based technology giant Baidu Inc is hopeful of its prospects in Brazil despite the Latin American country's ongoing economic struggle.

  • Xu Jinghong: China sees more high-tech cooperation with Latin America

    2016-11-21As the trend of global economic integration is irresistible China and Latin America need to cooperate together to realize their potential for shared high-tech industrial development, said Xu Jinghong, chairman of Tsinghua Holdings Co Ltd, a tech conglomerate backed by Tsinghua University.

  • Mercedes-Benz unveils innovative line-up

    2016-11-18

    To end the year of innovation that has already seen Mercedes-Benz continue its steady and sustainable growth in China, anything less than an excellent showing at the 2016 Guangzhou Auto Show expo would disappoint.

  • BBAC celebrates milestone of one million units built

    2016-11-18The one-millionth vehicle rolled of the Beijing Benz Automotive Co Ltd assembly line, symbolizing the Sino-German joint venture's breakthrough to lead the industry with world-class manufacturing quality and operation capacity. The Thursday ceremony in Beijing also celebrated the auto manufacturer's Factory of the Year 2016 title being given to Daimler AG's only joint venture capable of producing the power trains, front-drive and rear-drive models.

  • Didi partners with global car rental giant to expand overseas

    2016-11-16Chinese mobile transport platform Didi Chuxing announced Tuesday its agreement to partner with global car rental giant Avis Budget Group to offer overseas car rental services.

  • 3Golden views big data as an asset, pivotal industry trend

    2016-11-16An innovative credit assessment provider in Zhangjiang National Innovation Demonstration Zone in Shanghai, 3Golden Beijing Technologies Co Ltd is promoting the concept of data assets in supporting industrial growth in China.

  • Ex Baidu deep learning chief sees future in AI

    2016-11-16Right before Chinese tech giant Baidu Inc started a road test of its self-driving car last year, Yu Kai, who was in charge of Baidu's autonomous driving business, decided to leave and established his own company, Horizon Robotics Inc.

  • Baidu slips into higher gear in driverless cars

    2016-11-16With each passing year, the World Internet Conference in Wuzhen, Zhejiang province, appears to evolve, in terms of wowing audiences and media with unprecedented, unexpected experiences.

  • Wanda Cinemas launches mobile app

    2016-11-15Wanda Cinemas, China's largest cinema chain, announced in Beijing on Monday its foray into the mobile device app space to better use its huge database.

  • Online and offline together best for retail

    2016-11-15Jack Ma, founder of Alibaba, the initiator of the Singles Day shopping festival, said the retail model in the future will combine online and offline shopping.

  • LeEco says 2016 sales will more than double

    2016-11-10Chinese internet firm LeEco said on Wednesday its 2016 revenue will more than double to exceed 50 billion yuan ($7.38 billion), as the firm works hard to ease investors' concerns that its over-expansion efforts will affect the cash flow of its listed arm and drag down its long-term growth.

  • Rosneft sells 20% of huge field to Beijing Gas

    2016-11-09Rosneft PJSC agreed to sell 20 percent of its Verkhnechonsk oil and gas field in Siberia for about $1.1 billion to Beijing Gas Group Co in a deal that may give the Russian producer access to China's natural-gas market.

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