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Xiaomi launches new smartphone

Chinese smartphone maker Xiaomi Corp unveiled on Thursday its third-generation Android smartphone - the Mi-3 - as well as a 47-inch 3D smart TV, as the company steadily expands its product line in a bid to attract more users.

Sunac buys agriculture exhibition hall site for $343m

Sunac China Holdings Ltd, a Hong Kong-listed commercial and residential developer, has bought a site near the National Agricultural Exhibition Hall in eastern Beijing on Wednesday.

Daimler's localization gears up for future growth

Daimler's decade-long partnership with BAIC Motor has been a win-win relationship based on trust and long-term commitment, according to the company's senior official.

Google executive to aid Xiaomi's growth

Chinese smartphone maker Xiaomi Corp said on Thursday that it hired a top executive from Google Inc in a bid to boost its overseas business.

Agricultural Bank sees profit rise

Agricultural Bank of China Ltd's net interest income stood at 180 billion yuan ($29.4 billion) in the first half of 2013, up 12.2 billion yuan year-on-year, its executives told a news conference on Wednesday.

China Mobile expected to come up with strategy for chat sector

Mobile chat application Yixin, which was launched by China Telecom Corp Ltd and NetEase Inc, is pushing China Mobile Ltd, the nation's biggest telecom operator, into an awkward corner, analysts said.

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