BizChina

China Mobile Ltd, China's biggest telecom operator, has launched public bidding for operating its Fetion service, an instant messaging tool similar to Tencent Holdings Ltd's WeChat.

Previously, Fetion was solely operated by Beijing Ultrapower Software Co Ltd.

A popular Chinese TV drama is seeking a US channel to air its English-language version of the show and increase its audience for the saga of love and intrigue in imperial China.

Cao Ping, producer of The Legend of Zhen Huan, says several cable channels have expressed interest.

People say goodbye to Ministry of Railways PRC, 12th March 2013.

The Chinese government has approved the establishment of China Railway Corporation to perform the commercial functions of the defunct Ministry of Railways as part of the cabinet restructuring plan.

The planned corporation, with a registered capital of 1.04 trillion yuan ($165.73 billion), will be a wholly State-owned enterprise administered by the central government and supervised by the Ministry of Transport and the future State Railways Administration (SRA), according to a statement posted on the government website.

China's Internet giant Tencent Holding Ltd is seeing a shift in the demographics of the user base of its WeChat messaging application, as international users start to adopt the popular mobile service.

The company is moving ahead with its overseas plans by setting up an office in the United States, the first overseas unit of its kind targeting the development of WeChat, and marking a critical step for its global outreach.