Friday, 11th, 2024 | 4:16PM Updated

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Baidu Founder Leads Billionaire’s List

Baidu founder Robin Li has been named as the country's richest man with net worth of US$12.23 billion.

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Ukraine secures US$8 billion investment from China

Ukrainian President Viktor Yanukovych announced that he has secured US$8 billion worth of investment from China, the world's second largest economy.

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Hainan Airlines Plans Beijing-Boston Flights

Hainan Airlines, the largest privately-owned airline company in China, announced plans to start serving direct flights between Beijing and Boston beginning mid-2014.

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US Vice President Joe Biden Arrives in China

United States Vice President Joe Biden arrived in China on Wednesday for a two-day official visit and immediately held talks with Chinese President Xi Jinping, state-media Xinhua News reported. Biden's Beijing visit is part of his week-long trip to Asia, the White House said.

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Wall Street Shows Optimism on China's IPO Reform Plan

Wall Street traders have expressed optimism that the initial public offering (IPO) reforms that China has planned to implement will further bring more foreign investors into the country's stock market.

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China's Hospital Ship Gives Hope to Haiyan Victims in the Philippines

The Peace Ark, China's state-of-the-art hospital ship, has dropped anchor off the coast of Tacloban City, the worst-hit by super typhoon Haiyan (local name Yolanda) in the Philippines.

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Wang Jianlin is Asia's Businessman Of The Year - Forbes

World-renowned business magazine Forbes has named Dalian Wanda Group's founder and chairman, Wang Jianlin, as 2013 Asia's businessman of the year.

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Mobile Phone Spam in China Hits 200 Billion

Mobile phone use in China has increased tremendously, even surpassing the use of traditional computers, authorities said. But there's one problem - mobile phone users have been complaining of receiving tons of annoying text messages.

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Liaoyang Furniture Manufacture Establishes First US Plant in Virginia

Liaoyang Ningfeng Woodenware Co Ltd, a Chinese furniture maker based in Liaoyang City, has chosen the state of Virginia to be home for its first US factory, partly due to the state's furniture-making history.

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San Francisco Forges Sister City Ties with Chaozhou

The City of San Francisco, California has recently established a new sisterhood agreement with the city of Chaozhou in Guangdong province, marking yet another new sister city relationship between China and the United States.

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Metro Cash & Carry's 750th Store Opens in Chongqing

Metro Cash & Carry, a Germany-headquartered international self-service wholesaler that operates across Europe and in some countries of Asia and Northern Africa, has opened its 750th global wholesale market in Chongqing.

The popularity of smartphones bred the boom in mobile security.
Chinese Internet Users Reach 604 Million

Based on the data released by the State Internet Information Office (SIIO), the number of Internet users in China reached 604 million at the end of September 2013.

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Guangdong Emerges as China's Top E-commerce Retail Export Hub

The province of Guangdong has emerged as the top e-commerce retail export hub in China based on the study conducted by American internet customer-to-customer corporation eBay Inc.

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Financial Firms Hold US$23.6 Trillion Assets: CBRC

Financial firms in China have a total of 143.7 trillion yuan, or US$23.6 trillion, as of the end of October this year, the China Banking Regulatory Commission (CBRC) reported.

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China to Overtake US as World's Biggest Oil Importer

The International Energy Agency (IEA) said China is set to become the world's largest oil importer in the year 2020, overtaking the United States in taking most of the world's energy supply.

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