The push to internationalize the renminbi moved up a gear following the announcement by the European Central Bank that it will diversify some of its foreign exchange reserves into the Chinese currency, pointing to growing confidence in the renminbi as a global reserve currency.
Mattel Inc expects to grow three to four times in the more than $31 billion toys and games market in China by 2020 through digitally connected toys, as it intensifies its efforts to take on Lego Group and Hasbro Inc in the country.
Sales of heavy construction excavators doubled in May to cope with expanding infrastructure projects in China as the economy continues to purr along.
Frequent fliers between Dalian and Yantai will be able to buy cut-priced monthly tickets.
SHANGHAI - Chinese mainland stocks fell on Wednesday, with the country's leading "nifty 50" stocks posting their worst day in six months.
Ten years ago, Jinjing tea farm in Hunan province faced closure due to fierce competition. Zhang Wen, vice-president of Jinjing Hunan Tea Co, then decided that ecology and the environment would be the key to the development of the tea farm.
A major global brewer is rolling out a SmartBarley program in China to help support local farmers and communities.
A team of high-flyers from Guangdong Pharmaceutical University will travel to London in September to compete in the Enactus World Cup - the high-tech version of the soccer World Cup.
Editor's note: In the run-up to the 19th National Congress of the Communist Party of China, China Daily will cover a series of key projects and advanced equipment of national importance, showcasing the country's huge improvements and relentless efforts in manufacturing upgrading and innovation.
Ant Financial Services Group announced on Wednesday that it will allow third-party financial institutions to set up virtual shops through an indigenous app, another push to vie for supremacy in the country's booming online financial sector.
Liaoning province in northeastern China will form a new company to run its ports, and State-owned China Merchants Group will purchase a controlling stake - in the latest example of the government's intensified efforts to integrate the nation's ports and increase their efficiency.
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