THE BIG CHILL

China Daily (Hong Kong) - - BUSINESS DIGEST - PENG ZHAOZHI

PHOTO BY / XIN­HUA Cus­tomers buy scarves at a shop­ping mall in Yinchuan, cap­i­tal of the Ningxia Hui au­ton­o­mous re­gion, on Wed­nes­day. Since mid-De­cem­ber, the re­gion has been ex­pe­ri­enc­ing in­tense cold, prompt­ing peo­ple to buy win­ter clothes and elec­tric heaters. Ralph Haupter, Mi­crosoft’s chair­man and chief ex­ec­u­tive of­fi­cer for its Greater China Re­gion. The Changchun Mi­crosoft In­no­va­tion Center will also pro­mote the up­grad­ing of the auto in­dus­try in Changchun, a ma­jor ve­hi­cle pro­duc­tion base in China, Haupter said at the launch cer­e­mony. cap for the share price of Zhejiang Zheneng on Thurs­day, ac­cord­ing to the Shang­hai Stock Ex­change’s of­fi­cial Sina mi­cro blog. Out of 1.07 bil­lion to­tal is­sued Zhejiang Zheneng shares, 608 mil­lion were avail­able for trad­ing on Thurs­day. Af­ter the IPO, Zhejiang Zheneng Elec­tric Power will in­crease its in­vest­ments in nu­clear power sta­tions and gas elec­tric busi­nesses, the Bei­jing News re­ported, cit­ing an un­named source. shows from Viki Inc as it ex­pands its video ser­vice to lure more users. Viki, a unit of Rakuten Inc, the big­gest Ja­panese e-com­merce com­pany, will of­fer li­censed con­tent to Baidu Video from around the world, with trans­la­tions pro­vided by users into English and Chi­nese, it said in a state­ment. Kaiser Kuo, spokesman for Bei­jing-based Baidu, con­firmed the deal by phone. Baidu, whose founder Robin Li be­came China’s rich­est man this month, is look­ing be­yond text search to boost rev­enue in the world’s largest In­ter­net mar­ket and be­yond.

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