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Media center
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Biz updates
  • Wanda, Baidu, Tencent to spend 20b yuan in e-commerce JV in 5 yrs

    2014-09-01About 20 billion yuan ($3.3 billion) will be injected into an e-commerce joint venture formed by Dalian Wanda Group Co Ltd, Tencent Holdings Ltd and Baidu Inc in the next five years.

  • Tesla, Unicom to build charging network

    2014-08-30US electric carmaker Tesla Motors Inc on Friday said it will partner with China's No 2 mobile carrier China United Network Communications Corp Ltd to build charging outlets across the country to push sales in the world's biggest auto market.

  • Youku Tudou rallies after announcement

    2014-08-29Youku Tudou Inc rallied in US trading as the online video operator announced plans to buy back shares after they plunged 12 percent following an earnings report that missed analyst estimates.

  • Cooperation, innovation urged for Internet financing

    2014-08-29Experts and business CEOs from all over China gathered in Beijing on August 27 to celebrate the first anniversary for Zhongguancun Internet Finance Association.

  • Zhongguancun launches new platform

    2014-08-28A platform for technology transfer and intellectual property services, set up by Zhongguancun, went online in Beijing on Aug 26.

  • Headquarters contribute 40% of ZGC's total revenue

    2014-08-28In 2013, 1,878 headquarters based in Zhongguancun achieved revenues of 1.3 trillion yuan, accounting for more than 40 percent of Zhongguancun's total revenue.

  • Wanda moves into e-commerce

    2014-08-28Firm joins with Tencent, Baidu in venture said to be worth as much as 5 billion yuan

  • Baidu joins UN in data program

    2014-08-27China's largest search engine, Baidu, signed an agreement with the United Nations Development Program, on Aug 18, to build a big data lab for research and solutions for global issues such as environmental protection, healthcare, education and disaster relief.

  • Sinopec teams with Tencent for sales business

    2014-08-27Sinopec announced its subsidiary Sinopec Sales had signed a framework co-op agreement with the country's Internet giant Tencent over sales business, mobile payment and big data services.

  • Air China half-year profit plunges 57.6%

    2014-08-27China's flagship carrier Air China said Tuesday its net profit slumped 57.6 percent year-on-year to $77 million in the first half of 2014.

  • Youku, Alibaba planning pop-up ad-buying service

    2014-08-27What might happen when China's largest online-retail company and the country's equivalent of YouTube Inc team up?

  • ABC posts disappointing first-half results

    2014-08-27Agricultural Bank of China Ltd posted an increase in bad loans during the first half of this year while the growth in net profit slowed amid China's economic downturn.

  • Mars to set up food safety center

    2014-08-27New facility in Beijing to lead R&D, quality efforts of global manufacturer

  • Zhongguancun boosts the development of Yanqing Park

    2014-08-26Zhongguancun Development Group and Beijing's Yanqing county has established a company to promote the development of Yanqing Park.

  • Sinopec retail plans on track

    2014-08-26Asia's largest refiner has shortlisted 37 bidding consortia for a stake of up to 30% in its fuel retail unit and plans to choose a winner by end-September.

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