E-commerce giant JD.com is enticing restaurants to join its new food delivery service by offering a year free of commission fees, throwing down the gauntlet to Meituan and Ele.me, the dominant players in this highly competitive market.

Several Chinese banks have sold out their gold products after surging prices of the safe-haven asset fueled investors’ enthusiasm.

Sales are soaring for merchandise from the Chinese animated blockbuster “Ne Zha 2,” which recently became the sole Asian film listed in the world’s top 25 highest-grossing films of all time.

Chinese tech giant ByteDance made public its experimental open-source video generation model VideoWorld on Monday.

Tesla yesterday started production at its Shanghai battery megafactory, dedicated to manufacturing its high-capacity Megapack energy storage systems, Xinhua reported.

China National Offshore Oil Corp. has commenced production at the Bozhong 26-6 oilfield development project (Phase I), the world’s largest metamorphic buried hill oilfield, marking a major milestone in offshore energy development and carbon capture initiatives, the company announced Friday.

China’s consumer price index (CPI), a main gauge of inflation, was up 0.5% year-on-year in January, the National Bureau of Statistics (NBS) said yesterday.

Zeiss Group, a German manufacturer of optical systems and optoelectronics, plans to acquire a land plot in Shanghai to build its comprehensive headquarters campus for China.