Science and Technology in the People'S Republic of China

Baidu searching for strategic investments

Baidu, the mainland's leading internet search services provider, is plotting more strategic investments this year after posting strong gains in the quarter to June 30.

Wednesday, 25 July, 2012, 12:00am

Baidu smartphone plan 'long term'

The latest move by Baidu, the mainland's leading internet search engine, to branch out into the smartphone business is more a long-term strategic shift than for short-term revenue gains.

Baidu last week announced plans to offer a cheap smartphone embedded with its proprietary cloud operating system, aimed at enlarging its user base in the fast-growing mobile internet market.

21 May 2012 - 12:00am

ODI curb will improve China deals

The central government's plan to slow the growth of overseas investment will lead to more successful and quality investments, said speakers at the American Chamber of Commerce in Hong Kong's 2012 China Conference yesterday.

19 May 2012 - 12:00am

Three SOE chiefs replaced in shake-up in Dalian

Three chairmen of state-owned enterprises headquartered in Dalian have been replaced, but the companies insist they were not sacked and that the changes have nothing to do with any political fallout from the Bo Xilai scandal.

12 May 2012 - 12:00am

China still tops U.S. shame list

Beijing is under growing pressure to boost protection and enforcement of intellectual property rights (IPR), despite recent 'signs of progress' acknowledged by the United States.

For the eighth consecutive year, China topped the annual 'priority watch list' of countries with the worst IPR record identified by the Office of the US Trade Representative.

2 May 2012 - 12:00am

Investors unsettled by Baidu forecast

Mainland internet search leader Baidu may have unsettled investors yesterday after it forecast weak sales in the second quarter, but the company's full-year revenue growth is predicted to be strong.

The Beijing-based company saw its shares fall in after-hours trading in the US to US$125 from its close of US$135.83 on Nasdaq.

26 Apr 2012 - 12:00am

Pipe maker sees steady profit flow

China Liansu Group Holdings, a Hong Kong-listed leading manufacturer of plastic pipes and pipe fittings on the mainland, saw revenue rise steadily last year as it announced annual results for the year ended December 31.

26 Mar 2012 - 12:00am

Apple to use Baidu as mainland search tool

Online-search giant Baidu is poised to further extend its reach on the mainland, the world's largest internet market, after Apple made it the favoured search service for local users of its personal computers.

3 Mar 2012 - 12:00am

China's foreign farms are good for world, official says

A leading rural policymaker yesterday defended China's rapid expansion in agricultural investment overseas, arguing it is about more than just acquiring land.

To meet future domestic demand, China is trying to boost agricultural investments abroad, such as by establishing food-processing factories and helping build infrastructure in grain-exporting countries.

3 Feb 2012 - 12:00am

Mainland industry giants still top picks

On the back of a fast-growing domestic internet population that crossed the 500 million mark last year, Baidu, Tencent and are expected to remain the best-performing companies in the mainland's online sector this year.

14 Jan 2012 - 12:00am

Gates teams up with China to build nuclear reactor

Microsoft co-founder Bill Gates (pictured) is holding talks with the state-owned China National Nuclear Corporation (CNNC) to jointly develop a new type of nuclear reactor.

5 Dec 2011 - 12:00am

Baidu to step up marketing, investment

Baidu, the mainland's top internet search services provider, will continue to bolster its investment and marketing strategies after reporting hefty gains in the third quarter.

29 Oct 2011 - 12:00am

State websites poised for IPOs

A number of state-owned mainland news websites may be preparing to launch initial public offerings on the Shanghai Stock Exchange after getting the green light last week to list.

Shang Fulin, chairman of the China Securities Regulatory Commission (CSRC), gave the nod at the end of the five-day annual meeting of the Central Committee of the Communist Party in Beijing.

24 Oct 2011 - 12:00am

Asia set to lead world in wind power

Asia, led by China, will overtake Europe as the world leader for wind-power generating capacity next year, according to the Global Wind Energy Council. That's three years earlier than it initially forecast.

20 Oct 2011 - 12:00am

Industrial evolution

Dalian, a major seaport in northern China, has successfully transformed itself from a centre of heavy industry to a modern city focusing on services, while improving its environment and quality of life.

11 Oct 2011 - 12:00am