JD, China's second-largest e-commerce company, reported on Friday that net revenue reached $55.7 billion (362.3 yuan) in 2017, an increase of 40.3 percent year-on-year, with net profit totaling up to 5.0 billion yuan, up 140 percent from 2.1 billion in 2016.

The country's second-largest e-commerce site JD has officially opened its Australia and New Zealand headquarters in Melbourne, Australia as it accelerates expansion in overseas markets amid fierce competition from Alibaba Group Holding Ltd and Amazon.com Inc.

Chinese carmaker BAIC Motor Corp and Daimler AG are planning to expand localized production of Mercedes-Benz cars, including new energy ones, at their joint venture in China, to tap into the potential of the world's largest car market.

Chinese automaker Beijing Automotive Industry Corporation (BAIC) on Wednesday unveiled a plan to build its first factory in Mexico for the North and South American markets.

JD and Bose have teamed up on an initiative to assist hearing-impaired children in China.

Beijing E-Town International Financing Guarantee Co, one of the main subsidiaries of E-Town Capital, has marked new progress in boosting the development of companies based in Beijing Economic-Technological Development Area (BDA for short).