BizChina

Wei Zexi's released photo on Weibo.com

The central government has set up an investigation team to probe search engine giant Baidu, after the company was accused by a hospital patient, who since has died, of providing misleading medical treatment information.

The team is made up of officials from the Cyberspace Administration of China, the National Health and Family Planning Commission and the State Administration for Industry and Commerce — the regulator of online advertisement.

How expensive can a bowl of beef noodles be? The 688 Beef Bowl restaurant in Taiwan currently has the most expensive beef noodles on the market. Customers who want to taste their noodles must pay up to 2,000 CNY ($308.6) and even make an appointment beforehand.

The 688 Beef Bowl restaurant is not particularly big. It offers seven different flavors of beef noodles, priced from 100 CNY to 2,000 CNY.

Lenovo Group Ltd said on Thursday it will speed up efforts to expand offline retailing channels and marketing this year to revive its faltering smartphone business.

The move makes the world's largest PC maker the latest Chinese company to bank on bricks-and-mortar retailers to spur growth as the country's smartphone market is reaching saturation.

Lei Jun, Founder & CEO of Xiaomi

Lei Jun, founder and chairman of Xiaomi Corp, one of the largest smartphone vendors in China, said Chinese innovation has started to win world recognition as more foreign firms are learning from their Chinese tech counterparts.

China's Internet sector has seen explosive growth in the past several years. This is not only because of the huge market but also innovations made by China's Internet companies, Lei said at the China Development Forum on Saturday.