Central SOEs should stop investing for scale expansion but focus on the upgrading of their technology, products and commercial model.
Shanghai is evacuating more than 200,000 people on Tuesday as the third typhoon in a week approaches China's east coast, the Shanghai-based Oriental Morning Post reported.
The American fashion brand Forever 21 is about to open its first flagship store on the Chinese mainland on Wednesday.
Changyou.com Ltd said its majority-owned Web games subsidiary 7Road.com Ltd plans to seek a public listing in the United States on Aug 6.
China Southern Airlines Co Ltd said on August 3 that its subsidiary Xiamen Airlines agrees with Boeing Co to buy 40 737 aircraft.
Continuous rainfall destroyed a section of the Great Wall from the Ming Dynasty (1368-1644), and renovation work is already underway, xinhuanet.cn reported on Tuesday.
China will launch a crackdown on drivers who use drugs, the Ministry of Public Security confirmed Monday.
Ever wondered what it would be like to walk on street paved with gold? Perhaps, most would prefer to hold it in their hands, but one store in Wuhan, Central China's Hubei province has paved a 7-meter avenue with 200 pure nuggets valued at nearly 70 million yuan ($11m).
The CBRC will set up an information and technology supervision department to better supervise of the banking industry’s IT operations.
Sinopec, China's largest oil producer, is ready to start testing used cooking oil to fuel jets.
Beijing police have launched a criminal investigation over a complaint that a woman was mysteriously stabbed on the overcrowded subway.
A prolific robber who stole 89 motorbikes in five months suffered bad luck in scooping his 89th.