Legendary Entertainment and the Dalian Wanda Group signed on Tuesday in Beijing the sale of Legendary to Dalian for $3.5 billion. The deal makes cinema history by being the biggest cross-border entertainment buy-in by a Chinese company.
In a meeting attended by China’s leaders for overall reform, President Xi Jinping encouraged officials to advance reforms in all sectors, according to a report by China Daily.
China has finished building a second domestically produced coast guard ship, China Coast Guard (CCG) 3901, and it will probably deploy the ship in the South China Sea.
In an effort to cut air pollution in northern China this year, the national environmental watchdog has announced that it will ban the burning of coal starting in most rural areas by 2020, reported China Daily.
For elevating the martial arts genre into the realm of art done through a superb visual style, a movie. made in Taiwan won the Best Foreign Language Film award. "The Assassin" got the nod of a special jury of international film critics at the 27th Annual Palm Springs International Film Festival.
A newly released marriage report in China explains why divorce rate in the Asian giant has been rising steadily the past 12 years. It's because marriage discontent hits Chinese couples earlier than the global average of seven years into the union.
More students from the Xinjiang Uyghur Autonomous Region will be accepted in higher-learning institutions through government-sponsored education programs. Since the project was launched in 1989, a total of 323 universities have joined.
It is not just Asian markets that suffered bloodbaths as a result of the market turmoil in China. For the first time in seven years, the South African rand collapsed on Monday as value tumbled down by up to 10 percent to 17.9169 per dollar.
Beijing has tried different ways to address the air pollution in the capital city, including a ban on vehicles, industrial production, construction and work in the city when the smog level exceeds health benchmarks.
With the District of Jing'an in Shanghai expanding to a larger area, district officials have also revealed ambitious plans to promote its business and industry.
Four executives from Shenzhen Qvod Technology who are facing porn charges would likely be penalized with up to 10 years prison term, indicates a comment made by the Cyberspace Administration of China (CAC) on Sunday.
Because China's Criminal Law states that pregnant or breastfeeding women could post bail in lieu of spending time in jail for humanitarian reasons, the rule is being abused. Although the law also provides that repeat offenders would still be arrested and detained, lack of adequate social services for their children prevents authorities from enforcing that.
China is ready to invest 77 billion yuan ($11.7 billion) for the construction of civil aviation infrastructure, particularly airports, this year, the Civil Aviation Administration of China (CAAC) announced in a statement.
Passenger train services are expected to increase in China this 2016 as the latest adjustment to the national railways upgrade disclosed plans to increase train services to 571 this year, according to a report by China Daily.
As it is, demand for maternity matrons in big Chinese cities is already high as more people become health conscious and the government sets higher standards for raising children. But the demand, as well as salaries, for these women is expected to further rise with the country's two-child policy in place since Jan. 1, 2016.
