Chinese conglomerate HNA Group has added news media to its recent string of acquisitions by acquiring an 80 percent stake in a media company in Beijing that runs the website of Caijing Magazine, one of the most popular and influential Chinese business magazines.
A top nuclear industry executive has called for priority to be given to nuclear power as China's power supply, ensuring that nuclear power plants are a primary source and their output is not adjusted to meet fluctuations in demand.
Shenzhen, once dubbed "the world's factory", is exporting its model of innovation and entrepreneurship to other cities in China in a bid to stimulate local economies.
When Chen Ning returned to the country to get his startup going, he had to share an office with another maker, but two years later he has an office of more than 1,000 square meters with about 100 employees in Shenzhen.
Flourishing startups and entrepreneurialism in Shenzhen have attracted international resources to the city.
To Li Yueqi, Party secretary of the Yangpu district of Shanghai, entrepreneurialism and innovation are a boat on which there are no passengers but only people who row it together.
BEIJING - China's courier service sector entered a new era with the listing of all major players, Ma Junsheng, head of the State Post Bureau, said in an interview with Xinhua.
Chinese companies are expected to continue to expand their global reach across a broader mix of industries, said David Fleming, partner and M&A specialist at international law firm Baker McKenzie.
China should confirm the leverage ratios of State-owned enterprises by category and inject capital into those related to national welfare and security, said the former president of the Industrial and Commercial Bank of China.
Total investments of 234 billion yuan ($34 billion) - to be injected into Jiangxi province by State-owned enterprises - will help significantly transform the local economy, senior government officials from the province said.
Gree Electric Appliances Inc, a leading Chinese home appliance maker is stepping up its efforts in intelligent manufacturing by using industrial robots - covered by the company's own intellectual property rights - for a variety of industrial production process.
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