Sinopec to build more hydrogen refueling stations2021-02-21
China Petroleum & Chemical Corporation (Sinopec) plans to build about 1,000 hydrogen refueling stations and petrol-hydrogen combined stations in the next five years to promote clean energy.
New areas fortify Baidu finances, sharpen focus on tech investment2021-02-19
Nasdaq-listed Chinese internet giant Baidu Inc delivered better-than-expected fourth-quarter financial results on Thursday, with revenue rising 5 percent year-on-year to 30.3 billion yuan ($4.7 billion), yielding a non-GAAP(generally accepted accounting principles) net profit of 6.9 billion yuan.
L'Oreal betting big on domestic beauty industry2021-02-18
Skincare and beauty company L'Oreal Group is working hard to carry out its "good consumption "pledge made during the China International Import Expo, with a torrent of new store openings and campaign launches targeting the Chinese market within a month.
Meituan in the antitrust dock2020-12-31
Meituan, China's largest on-demand service platform handling online food deliveries and restaurant orders, is facing a lawsuit in a Beijing court for alleged abuse of market power, amid China's ongoing scrutiny of key technology sectors, including the internet.
E-commerce firms fined for irregular pricing2020-12-31
China's market regulator said on Wednesday it had fined e-commerce giant JD, Alibaba Group's business-to-customer platform Tmall and discount e-retailer Vip.com 500,000 yuan ($76,650) each for irregular pricing.
Fintech firm urged to rectify its operations2020-12-28
China's financial watchdogs have required Ant Group, the financial technology arm of the country's e-commerce giant Alibaba, to rectify its major business lines to comply with laws and regulations, in order to ensure fair market competition and protect consumers' due interests.
China automaker CRRC.EV exports buses to ROK2020-12-24
Chinese vehicle maker CRRC Electric Vehicle Co., Ltd. (CRRC.EV) has exported a batch of 11-meter electric buses with intelligent control to the Republic of Korea, according to the company.