Tencent ups spending to boost share of market

2013-01-23 14:12:54

Tencent Holdings Ltd, China's biggest Internet company by sales, will spend more on content this year, including purchasing copyrights and making its own programs.

SDIC plans overseas business strategy

2013-01-23 11:22:09

State Development and Investment Corp saw double-digit profit growth and now plans to expand its overseas businesses, despite last year's economic slowdown.

Small firms will see steady recovery in orders

2013-01-23 11:12:38

China's small enterprises are expected to see a steady recovery in 2013, although the country missed its foreign-trade target last year.

China launches self-developed high-end server

2013-01-23 11:09:46

The first high-end server independently developed by a Chinese company was officially put on the market Tuesday.

Suning to ring in the changes with telecom sector move

2013-01-23 09:28:40

Suning Appliance Co, whose business spans electronics, retail malls and e-commerce, will soon be identified as a telecom carrier.

Volvo eyes China, US for sales rebound

2013-01-23 09:24:57

Auto manufacturer Volvo Car Group expects the Chinese and US markets to support a turnaround in its global sales in 2013.

BMW Brilliance VP may join Beijing Mercedes Benz

2013-01-22 16:06:51

Daniel Kirchert, BMW Brilliance Automotive Ltd's former senior vice-president of sales and marketing, may join Beijing Mercedes Benz Sales and Service Co Ltd.

Qoros to debut 1st production car and two concepts

2013-01-22 14:50:49

New international car brand Qoros will showcase its first production car, the Qoros GQ3 compact sedan, and two concept studies at the 2013 Geneva Motor Show that lasts March 7 - 17.

Huawei's 2012 net profits up 33%

2013-01-22 14:10:48

Chinese telecoms equipment maker Huawei pocketed 15.4 billion yuan ($2.44 billion) in net profits in 2012, up 33 percent year-on-year.

Fast-food firm eyes southwest franchises

2013-01-22 10:38:44

Fast-food giant McDonald's Corp said on Monday that it will seek applications for franchises in southwestern China.

ZTE expects big losses in 2012

2013-01-22 10:37:55

Chinese telecom gear manufacturer ZTE Corp expects to register a full-year net loss of up to 2.9 billion yuan ($466 million) in 2012.

Building an oasis of professional talent

2013-01-22 09:52:33

As China urges its enterprises to expand overseas, AVIC International has found opportunities for vocational training in Kenya.