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China / Business

Green loans from banks reach $1.11t

[2017-07-27 06:57]

Banks in China are playing their part to curb pollution and global warming by investing 7.51 trillion yuan ($1.11 trillion) in nationwide green projects.

Easy Rider project is helping herdsmen generate horse power and new income

[2017-07-27 06:57]

An equine company has rolled out funding to help combat poverty in North China's Inner Mongolia autonomous region.

Fund tackles breast and cervical cancer

[2017-07-27 06:57]

Amorepacific, a major cosmetics company from South Korea, is expanding a special fund in China for the prevention and treatment of cervical and breast cancer in regions with insufficient resources.

IN BRIEF

[2017-07-27 06:57]

Exports, upgrading power up expansion in first half

[2017-07-27 06:57]

Export-oriented provinces and municipalities sustained high-speed growth in the first half, while regions relying on smokestack industries, though still lagging behind, have gradually gathered pace as economic structures improved.

Didi executives ride over to boost the ranks of Ofo

[2017-07-27 06:57]

Three senior executives from China's biggest ride-hailing company Didi Chuxing have joined Chinese bike-sharing startup Ofo Inc. The move is seen as an indication of the strengthening influence that Didi is having on Ofo.

Tech giants in push to deploy their cloud offerings overseas

[2017-07-27 06:57]

Chinese tech giants are busy deploying their cloud offerings overseas - paving the way for the growing number of local companies expanding aggressively abroad and their projected demand for data storage and processing.

CSRC to maintain regular pace of IPOs

[2017-07-27 06:57]

China's top securities regulator said on Wednesday that it will maintain a regular pace of approving initial public offerings to help companies raise funds and allow the capital market to better serve the economy.

Pilots kick off for individuals to buy local government bonds

[2017-07-27 06:57]

Chinese mainland stock exchanges are carrying out trials to allow individuals to buy local government bonds, in a move aimed at decreasing financing costs and improving liquidity.

Modernization has paid off for the coal industry

[2017-07-25 07:42]

Coal industry profits in China are expected to remain high in the second half of the year, thanks to government efforts to cut excessive capacity and the stable growth of the overall economy, said experts.

Chinese firms ascend global rankings

[2017-07-25 07:42]

BEIJING - Chinese firms continue to ascend global rankings as their competitiveness grows with the country's transitioning economy. The Fortune Global 500 list is seeing a China boom this year, the renowned magazine said on its website.

New mega medical imaging plant rises

[2017-07-25 07:42]

Shanghai United Imaging Healthcare Co Ltd, a company specializing in developing and manufacturing advanced medical products, said it is focusing on its plans to invest 2.2 billion yuan ($323 million) in three phases to build the world's largest medical imaging equipment manufacturing plant in southwestern Guizhou province by 2020.

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