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Media center
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Biz updates
  • Bank of China posts lower Q2 profit

    2014-08-20Bank of China Ltd reported its slowest profit growth since the first quarter of 2013 after bad loans rose to the highest level in more than five years and the lender set aside provisions for more soured debt.

  • Car-booking apps start moving up the ladder

    2014-08-20Internet giants add spice to nation's growing luxury pickup services market with products to attract more wealthy customers, reports Meng Jing.

  • Beijing to host NGV Expo China 2014

    2014-08-19Sixth China International NGV and Gas Station Equipment Expo, or NGV Expo China 2014, organized by the China Industrial Gases Industry Association will be held in Beijing on September 24.

  • Ice bucket charity heats up Internet

    2014-08-19More tech tycoons join in the icy water challenge. It has swept the Chinese social media and is currently the hottest topic on the Internet.

  • Baidu rolls out self-driving cars

    2014-08-19Executives from China's largest search engine were the first passengers as five cars completed test runs of 200 meters at a seminar in Beijing.

  • Maserati takes big step forward in China

    2014-08-18Maserati celebrates the 10th anniversary in China by starting its China-Italy Centennial Rally from the Imperial Ancestral Temple in Beijing last week.

  • Xiaomi is ready to take on smartphone giants in Brazil

    2014-08-18Chinese smartphone maker Xiaomi, sometimes called the "Apple from China", is heading for Brazil, opening its first office in Sao Paulo on Aug 6 to begin operations in one of the largest consumer markets in Latin America.

  • Microsoft to shed 90% of Beijing handset jobs

    2014-08-17Microsoft Corp is to cut around 90% of its workforce at a handset development site in Beijing, according to an internal document acquired by China Daily on Saturday.

  • Xiaomi faces privacy investigation

    2014-08-16Chinese handset maker Xiaomi Corp is being investigated in Singapore for breach of privacy, the first major hit for its infant overseas business.

  • China's Weibo cuts Q2 losses to $15m

    2014-08-15Popular Nasdaq-listed micro-blogging platform reported net loss of $15m in second quarter, down from $35m in loss during same period of 2013.

  • China Mobile profit falls 8.5%

    2014-08-15The net profit of China Mobile, the world's largest mobile operator by subscribers, fell 8.5 percent year on year to 57.74 billion yuan ($9.4 billion) in the first half of 2014.

  • Beijing housing sales slump 30%

    2014-08-15Beijing home sales fell at a slightly slower pace in the Jan-July period as price declines drove potential home buyers to snap up bargains last month.

  • Lenovo dialing up overseas expansion

    2014-08-15Lenovo Group Ltd plans to sell 150 million devices in the fiscal year that kicked off in April, Chairman and Chief Executive Officer Yang Yuanqing said on Thursday.

  • Lenovo profits jump 23% on smartphones

    2014-08-14Lenovo Group said Thursday its net profits for the second quarter rose 23 percent to $214 million on strong growth in sales of smartphones and other mobile devices.

  • Zhongguancun, Shougang Group join hands

    2014-08-14The Zhongguancun Administrative Committee and China's leading heavyweight steelmaker Shougang Group signed a memorandum of understanding (MOU) in Beijing on Aug 12, Science and Technology Daily reported on Wednesday.

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