industry

Luxury car maker BMW Brilliance has inked a joint cooperation agreement with China Minsheng Banking Corp to cash in on the growing purchasing spree of Chinese consumers. Olaf Kastner, President and CEO of BMW Brilliance Automotive, shakes hands with Hong Qi, Managing Director and ...
Major domestic steelmakers have cut prices for their products to be delivered in July by 70 yuan to 200 yuan a ton. China's major steelmakers continued to cut July delivery prices on Wednesday. Companies began lower prices on June 17, in expectation of slowing market demand. ...
From January to May this year, iPhone application downloads on the Chinese mainland grew rapidly. The Chinese mainland has become the world's second-biggest market for iPhone application downloads, behind only the United States, a Netherlands-based mobile analytic company said ...
Chinese digital media company Xunlei Limited may postpone its plan for initial public offering (IPO) on Nasdaq due to a weak market. [China.org.cn] Just a couple of months ago the debate was still open as to whether there was a bubble in US-listed Chinese Internet stocks. Today, ...
Alibaba Group, Yahoo! Inc. and Softbank Corp. have been in a high-profile dispute after Alibaba transferred Alipay to a company wholly-owned by its founder and CEO Ma Yun. Alibaba Group, Yahoo! Inc. and Softbank Corp. Wednesday are currently "engaged in constructive negotiations" ...
A General Motors' sedan at an exhibition in Nanning, the Guangxi Zhuang autonomous region. Sales of General Motors and its joint ventures in China topped 1 million units in the first five months of 2011.[China Daily] Although China's automobile market is facing challenges such as ...
Electric vehicles will be exempt from annual taxes starting from Jan 1 next year, according to a draft regulation by China's State Council. The central government released the draft on its website to solicit public opinions until mid-July. The draft says that pure electric, fuel...
An Elise model was displayed at the official arrival ceremony for Lotus. [China Daily] The British company that makes the Lotus sports car officially arrived in China last week, but it first had to figure out a local translation for its brand as there are cars already on the road ...
360buy.co's booth at an exhibition in Beijing. The online retailer's annual revenue hit 10.2 billion yuan last year. [China Daily] When Miao Zhipeng, who works for a Beijing State-owned enterprise, moved into his new apartment of the North Fourth Ring Road, he bought all his ...
A woman uses an e-bike to carry three children home from school in Shenzhen in this photo taken on June 8. E-bike riders in Shenzhen will be fined 200 yuan ($31) each time they break the new rule from July 1. [China Daily] Shenzhen, in Guangdong province, is often acclaimed for ...
A Lenovo Group Ltd sign on display during a January consumer electronics show in Las Vegas, Nevada, US. As it become more competitive globally, the largest Chinese PC maker is facing challenges in innovation and overseas expansion. [China Daily] Two years ago, Liu Chuanzhi ...
A China Petroleum & Chemical Corp (Sinopec) refinery in Beijing. Sinopec operates 13 of the country's 20 mega-refineries with more than 10 million tons of refining capacity. [Photo/China Daily] BEIJING - China Petroleum & Chemical Corp, the country's biggest refiner by capacity, ...
A rare-earth factory in Jiangxi province. Although China is the world's top rare-earth supplier, it controls only about 36 percent of the world's deposits. (Photo/for China Daily) The world's supply of rare-earth minerals will outstrip demand within five years, reversing global ...
= A user operates a iPad. A court in China verdicts three people who got involved in iPad 2 leak case. Three people in the iPad 2 leak case got jail terms from 12 to 18 months and were fined US$4,600 to US$23,000 for stealing trade secrets of Apple's iPad 2 last year, according ...
The toll changes hands, from driver to attendant, at the Bailu toll station in Beijing. Provincial governments finance most road construction through debt, which is to be repaid by tolls.[Photo / China Daily] The toll for a car on the Beijing Airport Expressway is 10 yuan. The ...
The State Council, China's Cabinet, has unveiled measures in a bid to bring more orderly development to the nation's logistics sector. China is a big producer of goods, but the supply chain that moves them from point of origin to point of consumption has long been riddled with ...
Facebook creator Mark Zukerberg, with his girlfriend Priscilla Chan. Microsoft founder Bill Gates had a slip of tongue when he said his pal and Facebook founder Mark Zukerberg had gotten engaged with his Chinese-American girlfriend Priscilla Chan. Gates revealed the secret when ...
College graduates attend a job fair in Jiangsu province. [Photo / China Daily] BEIJING - Chinese employers forecast a solid hiring environment in the third quarter with nearly 30 percent of employers planning to increase their work force and more than half intending to keep their ...
Mark Zuckerberg, CEO of Facebook. Facebook will likely go public in the first quarter of next year with a valuation of more than US$100 billion, according to a CNBC report on Monday. [Related report: Dot-com listing frenzy a boom or a bubble?] CNBC said in the report that ...
CEO of Apple Steve Jobs releases iPad 2 at this year's news conference. Apple's iPad 3 will come in the fourth quarter of this year and will have a better display quality, Taiwanese newspaper Economic Daily reported. The new iPad's resolution will be five or six times higher than ...
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Bill Gates talks nuclear
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