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Chinese company Jingye Group announced on Monday that it has taken over British Steel in a rescue bid, securing the immediate future of the Scunthorpe steelworks and promising a sustainable chapter for the industry.

Chinese carmaker Geely Auto Group announced a deal on Thursday to partner with South Korean battery maker LG Chem to power its drive into the fast-growing new energy vehicle segment.

Chinese online service providers and users will be blacklisted if they fabricate, post or spread information that violates social morality, business ethnics or honesty toward the public, according to a proposed regulation.

Chinese bike-sharing companies have recently raised their bike rental prices, a key step necessary to support a sustainable business, said industry experts.

Chinese film company Bona Film Group plans to issue no fewer than 122 million shares on the Shenzhen Stock Exchange to raise 1.4 billion yuan (2.07 million) through an IPO, according to the prospectus disclosed Friday on the website of the China Securities Regulatory Commission.