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Bleak forecast for steel producers

China's steel industry will continue to face overcapacity problems this year, and suffer similar financial pressures to 2012, as the sector struggles against rising raw material prices and weak demand.

Lenovo ready to challenge mobile industry leaders

Lenovo Group Ltd, the world's largest personal computer maker, said it is ready to challenge Apple Inc and Samsung Electronics Co Ltd in the mobile consumer sector after reporting record-high net revenue for the third fiscal quarter.

Beijing's land revenue in Jan totals 20.6b yuan

Beijing's revenue from land transfers in January totaled 20.6 billion yuan ($3.31 billion), the highest since 2003, according to a national property brokerage.

Ongoing smog worries boost online sales of air purifiers

Online sales of air purifiers are soaring as smog continues to take its toll on air quality.

Chief's self-styled approach pays off

Ji Wenhong started his career as an exporter in Shenzhen in 1992, but now his new role is an importer, as CEO of China's global online fashion reseller Xiu.com Inc.

Little bits of luxury

China's capital has seen a recent rise in the number of boutique hotels, which are seizing an increasing share of the market from larger competitors.

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