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Wanda beckons Hollywood with hefty subsidy

Wang Jianlin, China's richest man, courted Hollywood's studios and stars at a gala on Monday night, where he was expected to announce a 40 percent production subsidy to lure filmmakers to his new movie studio in East China.

Production subsidy planned at Hollywood event

Dalian Wanda Group plans to unveil a subsidy scheme to attract Hollywood filmmakers to its new multibillion-dollar studio in the eastern Chinese city of Qingdao, a person with direct knowledge of the plan said.

Qingdao: striving to be pacemaker in industrialization of graphene

The 2016 International Graphene Conference opened on Sept 22 in Qingdao, East China's Shandong province.

Innovation is critical to development

"Innovative Development" is the first of the Five Major Development Concepts, President Xi Jinping's guiding strategy to transform China's economy. Innovation occupies the top spot because it signals that China's leaders are enhancing the role of reform.

Haier forms 'smart' alliance to further tap home appliance market

China's largest home appliance supplier Haier Group announced move to establish the first strategic alliance for intelligent manufacturing in home appliance industry during the second World Internet + Industry Conference held in Qingdao from Sept 27 to 28.

China's maritime economy expands by 7 pct in 2015

The total production value of China's maritime industry grew by seven percent last year.

How supply-side reforms are being carried out

How govt depts are carrying out supply-side reform

Ecopark boosts global standardization efforts

Qingdao-based Sino-German Ecopark, the only strategic cooperation park in China between the Chinese and German governments, has been pushing forward the standardization of energy-saving buildings domestically and internationally.