Business

Gree looks to other avenues to heat up growth

2016-05-06 06:57

Gree Electric Appliances Inc, a major Chinese home appliances maker, will develop more product lines and activities amid a sharp drop in its core operations.

China makes own subsea pipeline check equipment

2016-05-06 06:57

China has developed its own subsea pipeline inspection device, which its designer says will end foreign companies' dominance in the field.

Maserati vrooms into e-tailing sector

2016-05-06 06:57

It has become a trend for automakers to sell vehicles through e-commerce sites in China, the world's largest vehicle market and the second-largest for premium cars.

Xi stresses role of science and technology

2016-04-29 08:27

For the second time in a week, President Xi Jinping has emphasized the important role of science and technology in powering China's development on April 26.

Public gets first look inside nation's tallest tower in Shanghai

2016-04-29 08:27

China's tallest building, a 127-story super skyscraper in downtown Shanghai that cost 14.8 billion yuan ($2.27 billion, 2.01 billion euros) to build, opened its doors to the public on April 27.

Philips to offer solutions to illnesses

2016-04-29 08:27

Royal Philips NV will offer more healthcare solutions in China this year as the country copes with a surge in chronic diseases brought on by an aging population, its executives say.

Record quarter for outbound M&As

2016-04-29 08:27

Chinese companies spent a record amount on overseas M&As in the first quarter of this year, data released by Morning Whistle Group show.

Internet care services ready to flourish

2016-04-29 08:27

Like many people in China, Chen Hua (not her real name), a 60-year-old from Guangdong province, used to hate visiting hospitals because every time she had to wait in long lines to see a doctor, pay medical bills and buy the prescription drugs.

Healthy option for web medicine

2016-04-29 08:27

As internet heavyweights scramble to expand online healthcare, a tech company in southwestern Guizhou province is aiming to carve out a unique presence for itself in the fiercely competitive industry.

China to build 20 floating reactors

2016-04-29 08:27

China plans to build about 20 floating nuclear platforms to meet the demand for maritime energy needs, driving a market that could be worth tens of billions of dollars, a new analysis report says.

BYD uses new energy to approach Fortune 500

2016-04-29 08:27

BYD Co Ltd, the Chinese new energy vehicle manufacturer, could join the ranks of Global Fortune 500 companies in 2017, as the carmaker has grown rapidly amid the boom in green cars, its top executive says.

Making logistics hot for top talent

2016-04-29 08:27

It's rare to get an interview these days with Zou Yin, the low-key chief executive of DHL Supply Chain in China. He doesn't grant many. He jokes that only executives on the lookout for a new job offer interviews.

Analysts flag seasonal peak, advise cuts

2016-04-29 08:27

While the Chinese economy has shown signs of stabilizing in the first quarter, analysts warn the stock market may be reaching a seasonal peak.

Chinese cash chases global firms

2016-04-29 08:27

Overseas insurers are increasingly popping up on the shopping lists of acquisition-minded Chinese companies, whose recent buying sprees globally have driven the country's outbound mergers and acquisitions to a record high.

Insurers' Q1 premium revenues see big surge

2016-04-29 08:27

Chinese insurers saw record growth in premium revenues in the first quarter but their profitability will likely be challenged by the slowing economy and the volatile capital market, the Chinese insurance regulator said on April 26.

Marchon chief sees the future in glasses

2016-04-29 08:27

Just a few years ago, working on eyewear was all about beauty, fashion and design. Not anymore. Claudio Gottardi, president and CEO of New York-based Marchon Eyewear Inc, sees the future of glasses not just in fashionable design, but also in portable technology.

Quotable

2016-04-22 07:11

Wanfeng could acquire advanced welding robot technology through this acquisition, which will be used in the entire vehicle manufacturing process that Wanfeng hasn't tapped into in the past. It is a new business growth point for Wanfeng."