China mulls to relax control over foreign strategic investment
China's Ministry of Commerce (MOC) on Monday asked for the public's opinion on a revised measure concerning foreign investors making strategic investments in Chinese listed companies.
Imported food gains popularity in China
Chinese consumers' demand for imported food has been growing steadily as the standard of living in China improves, according to a statement from the General Administration of Customs.
Cruise operators on course for golden age
China's cruise market, the world's fastest growing, is undergoing a capacity adjustment, which is hoped will guide it back onto the right course and benefit both operators and consumers, said industry experts.
Facebook enters Chinese mainland market by setting up local subsidiary
Facebook has set up a subsidiary in the Chinese mainland with registered capital of $30 million, according to a filing on China's National Enterprise Credit Information Publicity System, media reported.
Herbal tea maker partners with Youku to tap younger segment
Guangzhou Wang Lao Ji Great Health Industry Corp, affiliated to Chinese pharmaceutical maker Guangzhou Pharmaceutical Group, announced in Beijing on July 17 that it has partnered with video-streaming platform Youku to sponsor the latter's new singing competition show "Double Voice", in a bid to attract more young customers.
DiDi and SoftBank join hands to offer taxi-hailing service in Japan
DiDi users will soon be able to hail taxis in Japan. Didi Chuxing (“DiDi”), a leading China-based mobile transportation platform, launched DiDi Mobility Japan Corp. (“DiDi Japan”), a joint-venture with SoftBank on July 19th.
Guangzhou saw strong demand for Grade A office in Q2
The net take-up of Guangzhou’s Grade A Office continuously increased to 63 thousand square meters in the second quarter, according to Savills, an international property consulting company.
EU to fine Google 4.3 bln euros over Android
The European Commission is set to fine Google 4.3 billion euros (around 5 billion U.S. dollars) for monopoly with its Android operating system, alleging it violating the EU competition rules, the European Commission said on Wednesday.
Hainan Airlines ranked 8th in SKYTRAX World's Top 10 Airlines Ranking
SKYTRAX, a Britain-based consultancy which runs an airline and airport review and ranking site, on Wednesday announced the winners of the 2018 SKYTRAX World Airline Awards. Hainan Airlines was ranked eighth in the World's Top 10 Airlines of 2018, becoming the first Chinese mainland's airline to win the honour for the second year in a row.
China's GDP grows 6.8 pct in first half of 2018
China's gross domestic product expanded 6.8 percent year on year in the first half of 2018 to about 41.90 trillion yuan (6.27 trillion U.S. dollars), data from the National Bureau of Statistics (NBS) showed Monday.