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China's 600-year-old Forbidden City is renovating its website in a move to improve its offerings of Chinese culture, said the information chief of the Palace Museum yesterday.

Renminbi funds will soon be the favored fundraising and investment option in the Chinese venture capital and private equity market, according to a recent report from market researcher Zero2IPO Group.

China's top legislature yesterday turned its attention to the creation of specific plans for more renewable energy, such as nuclear, wind and solar power.

JD Power and Associates have released the July statistics for China's automobile industry.

Gome on Friday said net profit and sales for the six months of this year fell 49.6 percent and 17.7 percent respectively, as a result of price cut and close of stores.