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Media center
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Biz updates
  • China expands Zhongguancun pilot policies

    2014-12-08China decided to expand Zhongguancun's pilot policies to larger areas to boost the development of national innovation demonstration zones and further encourage entrepreneurship and innovation.

  • Haixuan offers more overseas products for festivals

    2014-12-08China's largest cross-border e-commerce dealer — Haixuan.com is busy preparing a shopping festival to provide consumers with more high-quality overseas brands and discounts for the upcoming Christmas and New Year.

  • Xiaomi's smartphone taps into the US market

    2014-12-08Xiaomi Corp, the world's third-largest smartphone manufacturer, will launch its new smartphone in Consumer Electronics Show (CES) that falls in January 2015 in Las Vegas.

  • ICBC Luxembourg launches RMB clearing service

    2014-12-06Industrial and Commercial Bank of China opened its newest international branch on Thursday in Luxembourg.

  • ABC names Liu Shiyu board chairman

    2014-12-06Agricultural Bank of China (ABC), one of the country's "big four" banks, announced that it has appointed Liu Shiyu as its board chairman.

  • US startup a good fit for rising China electronics player

    2014-12-05Xiaomi Corp, the privately owned Chinese electronics company, and other Chinese firms have joined in a $40 million investment in the United States technology startup Misfit.

  • Zhongguancun science-tech leasing helps SMEs

    2014-12-05Zhongguancun Science-tech Leasing Company, a state-owned financial enterprise affiliated with the Zhongguancun Development Group, reported its performance over the previous two years during a press conference in Beijing on Dec 2.

  • China renews innovation drive

    2014-12-05China's State Council, the Cabinet, has unveiled a series of measures to promote independent innovation and encourage entrepreneurship.

  • PetroChina to lead shale gas project in Chongqing

    2014-12-04PetroChina Co and three partners will invest more than $4 billion to drill for shale gas in China's most productive shale fields.

  • Xiaomi steps into cloud sector

    2014-12-04Xiaomi and Kingsoft, both co-founded by Lei, said that they would invest $222 million in 21Vianet Group Inc, the largest carrier-neutral Internet data center service provider in China.

  • Incentives planned to entice talent to Zhongguancun

    2014-12-04A pilot plan to attract more overseas talent to Beijing's Zhongguancun area, "China's Silicon Valley", will be introduced.

  • ICBC London branch opens for business

    2014-12-03Industrial and Commercial Bank of China London Branch officially declared its opening for business on Monday night.

  • Eyebright wins $10m investment from Fidelity

    2014-12-03Fidelity Growth Partners Asia and Fidelity Biosciences have committed 62.5 million yuan ($10 million) to Eyebright Medical Technology, a Beijing-based ophthalmic medical devices manufacturer.

  • BOC sees high probability of further rate cut in 2015

    2014-12-03There is a high probability that China's central bank will further cut the country's benchmark interest rates in 2015.

  • Bank of China forecasts 7.2% GDP growth for 2015

    2014-12-03Bank of China (BOC) predicted in a report on Tuesday that China's GDP will expand by around 7.2 percent in 2015, lower than the target set for this year.

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