Companies
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.
ZTE expands 4G telecom services to major Ethiopian cities2021-02-20
Ethiopia's telecom monopoly, the state owned Ethio-Telecom has announced Chinese firm ZTE has expanded Fourth Generation (4G) telecom services to six major Ethiopian cities.
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.
HNA Group enters bankruptcy restructuring2021-01-31
The first batch of 62 companies under HNA Group, including three listed companies, has entered bankruptcy restructuring, said the company on Saturday.
LyondellBasell, Sinopec to build new plant in China2021-01-27
Multinational chemical company LyondellBasell signed a joint-venture agreement with China Petrochemical Corporation (Sinopec), China's largest oil refiner, on Tuesday.
Honor inks pacts with chip suppliers, to launch products in Russia2021-01-23
Honor Device Co Ltd, the Chinese phone maker that has gained full independence from Huawei, said on Friday that it will launch new products in Russia, after inking partnerships with major chip suppliers such as Intel, Micron and Qualcomm.
Tencent, automaker Geely team up on expanding digital service2021-01-20
Chinese automaker Geely Auto Group and technology giant Tencent signed an agreement on Tuesday to carry out cooperation in various fields, including digital marketing, autonomous driving and low-carbon development.
China's top market regulator probes Vipshop over suspected unfair competition2021-01-14
Acting on information, China's State Administration for Market Regulation has started investigation in accordance with the law into Vipshop (China) Co., Ltd. and Guangzhou Vipshop E-Commerce Co., Ltd. for alleged behaviors of unfair competition. Enditem
China liquor maker Wuliangye posts solid revenue growth in 20202021-01-11
China's leading liquor producer Wuliangye Yibin Co., Ltd. has posted an estimated year-on-year revenue increase of 14 percent to reach 57.2 billion yuan (about 8.76 billion U.S. dollars) in 2020.
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.
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