Home> Business

China's CFC-free foaming technology sold for 500m yuan

A Chinese new material firm has spent 500 million yuan ($72 million) to buy exclusive rights to a new climate-friendly technology to produce foaming agent, which is widely used in refrigeration and building materials.

'New areas' established in China over the years

As a matter of fact, China has established over a dozen new areas over the past 30 years. Here is a list of some of the major new areas across the country.

Hisense hits branding jackpot with 2018 FIFA sponsorship

Hisense Group has become an official sponsor of the 2018 FIFA World Cup Russia.

Cottage Inn Pizza looks to win slice of market

Pizza Hut and Papa John's may be the pizza pioneers in China, but another US company is looking to take a more gourmet approach to win a big slice of the Chinese mainland market.

Amazon launches innovation center in Qingdao

Amazon's cloud-computing arm has launched its first global joint innovation center in Qingdao, Shandong province.

Qingdao-Amazon Joint Innovation Center underway

The Qingdao-Amazon Joint Innovation Center was officially launched on March 28 in Licang, an urban district in the eastern coastal city of Qingdao.

Amazon launches innovation service center in Qingdao

The cloud-computing arm of Amazon on Tuesday launched its first joint innovation service center in the eastern Chinese city of Qingdao.

Alibaba buys 25 percent stake in Haier multimedia company

Qingdao Haier Co Ltd - the listed arm of Haier Group, China's biggest home appliance supplier - said it will join hands with e-commerce giant Alibaba Group Holdings Ltd to own stakes in Haier's multimedia company.