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China's software sector hit 1.3 trillion yuan in 2010

China's software industry has registered strong output growth over the past ten years, soaring from 75 billion yuan (11.6 billion U.S. dollars) in 2001 to 1.3 trillion yuan in 2010, the National Copyright Administration said in a statement issued on Thursday. The number of ...

Intel chips in with Chinese investment

Intel Capital, the global investment arm of the chipmaker Intel Corp, announced on Wednesday that it has invested $22 million in three Chinese technology companies this year. It will also invest in least six more in the coming five months. The three companies are the Shanghai...

Enlight rises more than 40% in IPO

Shares in Beijing Enlight Media Co Ltd, a private media company, surged more than 40 percent from the offering price of 52.5 yuan ($8.16) on its stock market debut on Wednesday, in what analysts said was a sign of things to come as many entertainment and media companies go public...

Petroleum industry maintains sound growth

China's petroleum and chemical industry maintained sound growth in the first half of 2011, with output value up 34.4 percent to reach a record high of 5.32 trillion yuan (825.84 billion U.S. dollars), the Ministry of Industry and Information Technology (MIIT) said Tuesday. The ...

China steel association to trial iron ore index in August

The China Iron and Steel Association said Tuesday that it will start a trail run of its iron ore index some time in August. Zhang Changfu, vice chairman of the association, said in a statement on the association's website that the index will be officially launched in October, and ...

The9 seals deals

Nasdaq-listed The9 Ltd yesterday announced it will cooperate with China's three mobile operators to provide them mobile game content and products in their online application stores. Shanghai-based The9 signed an agreement with China Unicom to provide products and services for its ...

Twitter closes 'significant' new funding

Micro-blogging service Twitter on Monday announced that it has received a "significant" new round of funding, confirming weeks of speculations. "Now we have an opportunity to expand Twitter's reach with a significant round of funding led by the venture firm DST Global, with the ...

China Mobile cuts international roaming fees

China Mobile Ltd cut international roaming fees charged for 38 countries and regions by as much as 80 percent on Monday in the hope of maintaining high-end users' loyalty amid the increasingly intense domestic competition. The carrier, which had 616.8 million mobile subscribers ...

Great Wall eyes share sale in Shanghai

Great Wall Motor may follow the example of electric car maker BYD Co by becoming another Hong Kong-listed company to turn to the Chinese mainland's market to help fund expansion. Great Wall has applied to China's securities regulator to sell as much as 304.2 million A shares in ...

Racing for pole position on the 'green' vehicle front

Guo Shunhong, a 21-year-old from Beijing Institute of Technology, enjoyed making an energy-saving car over the past 14 months. The futuristic, streamlined vehicle, which began life as a sketch on a piece of paper, maximizes fuel-efficiency, Guo and his co-workers said with pride. ...

Huawei 'makes first cloud-computing phone'

The connection between Huawei Technologies Co Ltd, China's biggest telecom equipment maker by revenue, and Italian Supercoppa (Italian Super Cup), does not only rest on the fact they share the same birth year. Established in the southern coastal city of Shenzhen in 1987, Huawei ...

Alibaba settles row with Yahoo and Softbank

Alibaba Group Holding Ltd reached an agreement on Friday with Yahoo! Inc and Softbank Corp, its largest shareholders, ending a four-month spat over how to compensate investors after an ownership change in China's most popular online-payment service. Alibaba, which transferred the ...

Apple ousts Nokia as world's largest smartphone vendor

Apple has ousted Nokia as the world's largest smartphone maker as global mobile phone market grew more than 11.3 percent in the second quarter of 2011, according to two separate market research studies. After becoming the largest smartphone vendor in terms of revenue and profits, ...

Beijing acts to protect personal information online

China's Ministry of Industry and Information Technology (MIIT) has issued draft regulations instructing Chinese Web sites to respect personal information protection policies, Chinanews.com reported Thursday. The blueprint outlines different types of infringement of personal ...

eSun forms new arm from buyout

Hong Kong-based media conglomerate eSun Holdings Ltd unveiled on Thursday its new entertainment arm, Media Asia Group Holdings Ltd, after completing the buyout of film production and distribution company Rojam Entertainment Holdings Ltd. The move will allow the company to provide ...

China helps US automakers on the road to recovery

China's booming automobile market over the past two years has not only led it to overtake the United States as the world's biggest, it has also enabled US car makers to weather stagnant domestic sales caused by the financial crisis. General Motors Corp, which recovered from ...

China's H1 logistical expenses up 18.5% year-on-year

China's expenditures on logistical services totaled 3.7 trillion yuan (around 570 billion U.S. dollars) in the first half of 2011, an increase of 18.5 percent year-on-year, statistics showed. The spending accounted for 18 percent of the country's gross domestic product (GDP), the ...

Alibaba launches smartphone

Alibaba Group launched its first self-developed mobile operating system and smartphone on Thursday in a bid to capture a slice of China's rapidly growing mobile Internet market. The smartphone, K-Touch Cloud Smartphone, will be launched at the end of July and will use Alibaba's ...

Gaming companies make overseas play

An increasing number of Chinese online games are expected to gain an overseas presence in the next few years, supported by government policies. The General Administration of Press and Publication (GAPP), the country's publishing regulator, will encourage 100 domestic online games ...

Businesses, public pan WiFi monitoring

A regulation that requires bars, restaurants, hotels and bookstores to install expensive Web-monitoring software has sparked controversy among business owners and the public. The software, which is designed to supervise illegal activities by passing the identities of customers ...
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Bill Gates talks nuclear
Bill Gates talks nuclear
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China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
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Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...

world

market

IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...

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Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...

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sports

Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...
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