First-half revenues of China's major industrial companies saw a steady recovery, yielding almost 67 percent year-on-year surge in their combined profit, but private enterprises and smaller firms still face big challenges in their attempts to grow their profits.

July28,2021

China has established a total of 67 charity trusts by the end of 2017, with total value amounting to 893 million yuan, offcial data showed recently.

October25,2018

China's courier sector saw its delivery volume exceed 20 billion parcels this year by March 8, as the country gives priority to restoring and expanding consumption, according to the State Post Bureau (SPB) on Thursday.

March09,2023

Alibaba co-founder and chairman Jack Ma on Monday announced in an open letter that he would step down in a year, with the company CEO Daniel Zhang taking over as the chairman of the board.

September11,2018

Chinese e-commerce platform Pinduoduo Inc. posted 67-percent year-on-year revenue growth in the second quarter (Q2) of 2020, with a soaring number of active buyers during the period.

August24,2020

Chinese internet giant Tencent Holding has invested in several traditional retailers, such as Carrefour SA's China unit and Yonghui Superstores, but Pony Ma Huateng, said that the company does not plan to directly take up retail business itself.

March27,2018

Yunda Holding Co., a major Chinese express delivery firm, announced Wednesday that its 2018 net profits attributable to its shareholders rose 67.3 percent year on year to 2.66 billion yuan (398 million U.S. dollars).

February28,2019

The Jack Ma Foundation on Monday announced a new plan to invest at least 300 million yuan (45 million U.S. dollars) to encourage graduates of normal schools to teach in rural areas in the next 10 years.

December12,2017

The Jack Ma Foundation and Alibaba Foundation will donate 1.8 million masks and 100,000 testing reagents to Europe, said Jack Ma on Weibo, a leading Chinese social media platform, on Wednesday.

March12,2020

Alibaba founder Jack Ma officially launched a fund Monday with the aim of providing 10 million U.S. dollars to outstanding African entrepreneurs in the coming decade.

February19,2019

A total of 187 China-Europe freight trains,carrying 16,000 twenty-foot equivalent units (TEUs) of goods, departed from Wuhan, capital of central China’s Hubei province, in the first five months of this year.

July05,2018

Massive medical supplies donated by China's Jack Ma Foundation to 54 African countries arrived on Sunday morning in Addis Ababa, capital of the East African nation of Ethiopia, through an Ethiopian Airlines cargo flight. The supplies include 5.4 million face masks, kits for 1.08 million detection tests, 40,000 sets of protective clothing and 60,000 sets of protective face shields, according to the Jack Ma Foundation. The supplies will first be distributed to countries throughout Africa which are particularly vulnerable to the COVID-19 pandemic. The remaining 600,000 masks are expected to reach|115

March23,2020

Zimbabwe President Emmerson Mnangagwa on Wednesday thanked China's Jack Ma Foundation for providing the country with much needed equipment to fight COVID-19.

March26,2020

China had delivered 57 MA series regional aircraft to 18 countries involved in the Belt and Road Initiative by the end of 2017, according to AVIC International Aero-Development Corporation (AVIC International).

April26,2018

The Breakthrough Prize today announced that Ma Huateng, aslo known as Pony Ma, founder and chairman of Tencent will join as one of its distinguished founding sponsors.

December04,2017