Dong Mingzhu, the president of Gree Electric Appliances Inc., led the list of China's most influential businesswomen released by Fortune magazine. She led the firm in garnering a record-breaking home appliances industry revenue of 140 billion yuan in 2014.
Zhejiang Geely Holding Group Co. has taken the initiative to lower fuel consumption as it declares to target 90 percent of sales of new-energy vehicles by 2020, ahead of a government-mandated deadline.
China General Nuclear Power Group (CGN), the country's biggest nuclear power reactor operator, has drawn up plans to become the largest solar energy distributor in France, China Daily reported.
Universal Parks & Resorts, a division of NBC Universal that owns Universal Studios Hollywood, is set to build North China's first international theme park in Beijing and open it by 2020, China Daily reported.
The People's Bank of China (PBOC) has issued a statement calling on institutions and individuals to accept the new 100-yuan note for payment, following reports that many businesses refused it because their money-scanning machines can not identify its counterfeit features, the China Daily reported.
Sanquan Fresh Food’s Fun Box vending machines dispense set meals priced between 12 and 20 yuan, and orders are placed through an app and payments are made online. The vending machine, which has a built-in microwave oven, can contain up to 64 set meals.
Walmart's sales of Patti LaBelle Sweet Potato Pies have skyrocketed after a YouTube video review went viral and has been viewed nearly 2 million times. The big-box retailer is the only seller of the tuberous root-based dessert, and the spike in sales has made it difficult for the company to supply enough of the baked desserts to keep up with the demand for a slice of autumn pie from the "Godmother of Soul."
CITIC Securities Co., China's largest securities brokerage, has announced on Tuesday, Nov. 17, that its chairman is retiring, raising questions about the direction of the firm amid the current government probe on alleged insider trading, the China Daily reported.
China's SZ DJI Technology Co., touted as the world's largest consumer drone maker, is eyeing to open its flagship store next month as the market for commercial drone goes mainstream and continues to attract consumers.
Chinese courier companies may soon face fines of up to 50,000 yuan ($7,814) and have their licenses revoked if caught leaking customers' personal information, according to draft regulations posted online on Monday.
Apple Pay was just launched in Canada, making the region as the third market for Apple’s tap-to-pay system. The service is launched through an exclusive partnership with American Express.
Guangzhou Baiyunshan Pharmaceutical Holdings Co.'s (GBPH) version of Viagra has become the bestseller in its category by volume after only a year on the market because of increasing demand, lack of competition and its low price, according to a report by the Global Times.
Six Chinese employees from the mainland, including two women, have been promoted to managing director by Goldman Sachs Group Inc. The promotion will take effect beginning Jan. 1, 2016, according to a report by China Daily.
