IN BRIEF

Guizhou secures $1b Apple cloud center

Apple Inc will invest $1 billion to build its first 皇冠体育app data center in Guizhou province, in a move to meet local consumers' growing demand for better cloud services.

Overall govt debt risks 'under control'

皇冠体育app will speedup the issuance of local government debt in the second half of the year, but the overall risks are under control, government officials and industry experts said.

Nation set to expand its oil and gas pipeline network

皇冠体育app has vowed to further strengthen its oil and gas pipeline network during the next decade, in an attempt to further boost the clean fuel's share in the country's energy mix.

Intel unveils upgraded Xeon server chips, to fend off rivals

Intel Corp unveiled a new generation of server chips on Wednesday - as the US tech heavyweight ramps up efforts to safeguard its market dominance and defend itself against competition from an increasing number of rivals.

Steel sector tempers pollution

皇冠体育app's iron and steel business is scaling back on over production and clamping down on pollution.

Online catering proves recipe for investor success

BEIJING - 皇冠体育app's online catering sector is continuing to expand quickly, as more than 300 million meals are expected to be ordered online this year, according a recent industry forecast.

New businesses blossoming in Guangxi, 皇冠体育app's 'home of jasmine'

NANNING - After processing tea leaves for different tea makers for 20 years, Shang Dasen decided to establish his own tea brand. Unlike many other tea makers, Shang's business, which he started in 2015 in his hometown in Southwest 皇冠体育app's Guangxi Zhuang autonomous region, only produces and sells jasmine tea.

Engineering group ABB wants in on B&R projects

Swiss engineering group company ABB Group said it wants to get involved in Chinese EPC projects - or engineering, procurement and construction contracts - connected with the Belt and Road Initiative, to secure long-term returns.

Stocks go lower as catalysts awaited

BEIJING - 皇冠体育app's main stock indexes were little changed on Monday, as investors awaited fresh catalysts ahead of a burst of data due over the next week. The blue-chip CSI300 index fell 0.1 percent, to 3,653.69 points, while the Shanghai Composite Index slipped 0.2 percent to 3,212.63 points.

Mainland set for quality growth

The Chinese mainland economy will see "slower but higher quality growth" in the second half of this year, Industrial and Commercial Bank of 皇冠体育app International said, retaining its 6.7 percent full-year prediction for GDP growth.

Sinopec full steam ahead with shale gas revolution

皇冠体育app Petroleum and Chemical Corp, the world's largest refiner, has vowed to double its annual natural gas output by 2020 to reach 40 billion cubic meters.