Four entities signed a framework agreement on Friday to establish China's first steel industry restructuring fund.
China's famed "bike wars" may soon be fought on foreign shores, as Bluegogo and Mobike compete with fellow stand-free cycle hire company ofo in the British market.
China's banking regulator vowed on Friday to clean up irregularities in the sector and intensify the crackdown on financial speculation that exploits systemic loopholes.
Sino-Singapore Guangzhou Knowledge City in Guangzhou, capital of Guangdong province, is adding more supporting facilities to its map to better serve businesses and residents.
BEIJING - For the first time in six years, China's four largest banks saw their collective headcount drop in 2016. Lenders also cut costs.
The Chinese mainland overtook the United States as the No 1 investment destination in financial technology or fintech, according to Citi GPS, a research team under Citi Group.
Shares in China Unicom Hong Kong Ltd dropped nearly 4 percent on Thursday as investors expressed disappointment over its parent company's signal that the much-expected mixed ownership reform may not involve the Hong Kong-listed firm.
WeChat Pay is expanding into the United Kingdom next month.
Chinese bike-sharing startup ofo Inc will equip its bicycles with BeiDou-enabled smart locks, as part of its efforts to leverage the nation's homegrown BeiDou navigation satellite system to offer better-positioning services.
A Chinese court has ruled Samsung Electronics Co Ltd's Chinese subsidiaries must pay 80 million yuan ($11.6 million) to Huawei Technologies Co Ltd for patent infringement.
Consumer electronics maker Hisense Group has become an official sponsor of the 2018 FIFA World Cup Russia, joining a group of Chinese brands in an effort to strengthen their global exposure and awareness.
China Huarong Asset Management Co Ltd, the country's biggest distressed debt manager, is accelerating the process of listing on the A-share market, hoping to use the proceeds from the share offering to expand its core business, its chairman said on Thursday.
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