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Media center
  • News
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  • Life
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Biz updates
  • South Beauty has its eye on smaller cities for growth

    2015-02-05High-end restaurant chain South Beauty is looking to expand into second-and third-tier cities to lift sales that have been flagging due to the government's ongoing austerity campaign.

  • E-commerce wave threatens to engulf small businesses

    2015-02-05Tough times for traditional shopkeepers as online sales blossom, reports Bloomberg.

  • Qihoo pays record price for full rights to 360 domain

    2015-02-05Chinese Internet security company appeared to have purchased domain name 360.com for $17 million, out-pricing sex.com's historic $14 million buyout.

  • Music industry fights online piracy

    2015-02-04Nearly 30 companies and organizations voiced support for licensed music and formed an alliance against online piracy on Jan 29 in Beijing.

  • Lenovo stays in black despite Motorola buy

    2015-02-04Lenovo Group Ltd said on Tuesday it had dodged a widely expected profit slump in the fourth quarter, after its acquisition of Motorola Mobility LLP at the turn of the year.

  • CNOOC cuts capital expenditure

    2015-02-04CNOOC Ltd will control output in the next three years as well as cut capital expenditure, in a bid to counter challenges from falling crude oil prices.

  • Zhongguancun IC Design Industrial Park opens

    2015-02-03Zhongguancun Integrated Circuit (IC) Design Industrial Park was launched in the Beihang University's Science and Technology Park in Beijing's Haidian district on Jan 30.

  • End of China's 'Silicon Valley'

    2015-02-03Beijing Zhongguancun E world, a large shopping centers in Zhongguancun, has decided to cease its electronic products retailing operation, and turn into office building for IT companies.

  • Mergers boost Lenovo Q4 revenue

    2015-02-03Lenovo Group Ltd said on Tuesday its quarterly revenue hit $14.1 billion in October-December period, a 31 percent increase year-on-year.

  • 'Golden age' for entrepreneurs reigns in

    2015-02-02The State Council decided new policies and measures to facilitate the development of business startups in order to lead to a new platform for boosting entrepreneurship and innovation at an executive meeting on Jan 28.

  • Air China to launch direct flight from Beijing

    2015-02-02Air China will launch a direct flight from Beijing to Melbourne on June 1.

  • China Mobile eyes 5G technology

    2015-02-02China Mobile has began development on the next generation of mobile internet following the success of 4G, a senior executive of the company said on Saturday.

  • Beijing-Shanghai bullet line hits profit mark

    2015-02-01A surge in passenger traffic drove the high-speed rail route from Beijing to Shanghai into the black for the first time in 2014, its third year of operation, the official Xinhua News Agency reported on Jan 26.

  • Innovation potential in Zhongguancun core area surges

    2015-01-30Zhongguancun, Beijing's technology hub, which is also often referred to as "China's Silicon Valley", has been accelerating its pace of innovation and entrepreneurship.

  • Beijing sees rapid growth in E-town car business

    2015-01-30Beijing E-town's automobile industry has done $8 billion of its overall production since its foundation, making it new growth point in the area, along with biomedicines.

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