FedEx Express, the cargo airline division of FedEx Corp., announced on Wednesday that it was granted permission by the U.S. Department of Transportation to start additional weekly flights to China, bringing its total to 30, Houston Chronicle reported.

Fuji Photo Film Co., the world's biggest maker of film used in flat panels, and SVA Electron Co. will set up a joint venture to make color filters to make rising demand for LCD TV, Bloomberg reported.

Investment in China's real estate, factories and utilities rose at a slower pace in July, suggesting government’s curbs starting to get hold, Bloomberg reported.

The increasing demand for services accelerates the assimilation of Chinese logistics sector with the global logistics industry. Foreign investment and expansion to the Mainland market is a catalyst for the sector’s industrialization, Sohu News reported.

Eyeing the huge potential of the Chinese telecommunications sector, foreign companies have structured well-rounded marketing strategies to get a slice of the market when the right time comes, Sohu News reported.

Fixed assets investment in China's petroleum and chemical industry rose by 36.3 percent in the first half with surplus production capacity emerging in some sectors, People’s Daily reported.

The Forbidden City encountered difficulties in transforming the historical site into ‘cultural property,’ the Economic Information Daily reported.

Foreign investors target acquisitions at domestic construction machinery and electrical appliance companies to penetrate into Chinese market, Sohu News reported.

Since the retail sector fully opened to foreign companies in 2005, the sector has become a battlefield for domestic and foreign companies, Sohu News reported.

Bright Foods (Group) Co. Ltd is launched in Shanghai as China’s biggest dairy products maker, Reuters reported.