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Chinese bike-sharing company Ofo Inc is further shrinking its overseas presence, by laying off staff and closing its business in several cities in the United States, according to reports by US media.

Chinese drone manufacturer DJI is looking to expand its presence in the camera market with its new sports camera aimed at millennials, said a company spokesman.

Chinese online education startup VIPThink, which mainly helps improve children's mathematics thinking ability, in December reached a strategic cooperation with Tsinghua University Press to publish a series of books on mathematical thinking in Beijing. [Photo provided to chinadaily.com.cn]

Chinese ownership has given new momentum to Italian tire maker Pirelli

Chinese and Russian scientists will work together to explore water and ice on the moon, according to a Russian scientist.