Guangdong-based education company Bright Scholar has purchased United Kingdom-headquartered international school network CATS Colleges for 150 million pounds (7.6 million), in the latest of a string of UK education acquisitions by Chinese buyers.
Guo Lei, chief macroeconomics analyst of GF Securities, agreed, saying the profit growth of major industrial firms will continue to rise in the second quarter this year.
Gui Shengyue, chief executive officer of Geely Automobile Holdings, says learning the world's latest technology through mergers and acquisitions is key to keeping Geely's continued growth. [Parker Zheng / china daily]
HEFEI - Sifting through bags of goat hair to select quality ones for the production of Chinese ink brushes can be tough and boring, but this is routine work for Zhang Wennian, 50, who is an inheritor of the traditional handicraft.
HEFEI-Li Fangbo had a new companion while fighting floods this year-a drone.
Guangzhou has been urged to develop a system to help improve the management of its growing number of foreign residents.
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Guided by instructions from President Xi Jinping in 2014, the province has become a logistics hub. Despite its apparent disadvantage of being landlocked, the Zhengzhou railway bureau of China Railway Group said Henan has good connections with the eastern, western and southern regions of China, as well as domestic and foreign markets.
Guillermo and a friend of his recently visited Tanzhe Temple, one of Beijing's oldest, with a history stretching back 1,700 years to the Jin Dynasty (265-420). On the temple's grounds at the foot of West Mountain are many ancient gingko, cypress and pine trees, some so old that branches have to be supported with metal supports.
HANGZHOU - Alibaba announced Thursday that its net income rose 146 percent to more than 17.4 billion yuan (.6 billion) year-on-year for the fiscal quarter ending September.
HNA Group launched its travel platform HiApp on Tuesday in accordance with the country's call for enterprise and industry upgrades.