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Alibaba plans logistics network

Alibaba Group Holding Ltd, China's largest e-commerce company, plans to join hands with partners to build a logistics network across China that can support 10 trillion yuan ($1.6 trillion) worth of transactions a year within the next decade.

Nestle targets health-conscious Chinese with new protein powder

Nestle SA, the world's largest food company by revenue, has expanded into the Chinese market's health food sector by introducing a protein powder believed to have great sales-growth potential.

Sinopec aims to sweeten energy supply

China will boost sour natural gas exploration to ease the country's tight energy supply, said an official at China Petroleum and Chemical Corp on Monday.

NDRC approves CNOOC's acquisition of Nexen

China's National Development and Reform Commission, the country's top economic planner, said on Friday that it approved CNOOC's acquisition of Canadian oil and gas company Nexen Inc in December.

Gome to close six stores and exit HK retail market

Gome to close six stores and exit HK retail market

Taking the road less traveled

Suning Appliance Co, China's largest electrical appliance retailer by sales revenue, donated 41.4 million yuan ($6.65 million) to charitable causes on Dec 26 to commemorate its 22nd anniversary.

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