BizChina

China's first guideline on road tests of autonomous motor vehicles was released on Monday by local authorities in Beijing, signaling the country's determination to accelerate the development of the technology.

The guideline, compiled by the city's transport commission, public security bureau and economy and information technology commission, applies to independent entities registered in China.

Sales on Alibaba's platforms broke last year's total with almost 11 hours of the Singles Day shopping gala to spare.

Gross merchandise volume of the day-long discount topped 120.7 billion yuan ($18.2 billion) as of 1:09 pm Saturday, according to Alibaba's data. This is equivalent to the value of all transactions processed via its Tmall, Taobao and other sister sites a year ago.

China has approved HP’s purchase of Samsung Electronics’ printer business, Reuters has announced. The deal, worth $1.1 billion, does come with ‘certain restrictions’, Reuters says, adding there were also concerns about HP’s dominance in the domestic laser printer market.

The deal was announced by HP last year in September, as HP wanted to disrupt the market. It hoped to close the deal within 12 months, pending regulations.

China's e-commerce giant Alibaba Group held its grandest annual party celebrating the 18-year-old birthday at the Yellow Dragon Sports Center in Hangzhou, capital city of East China's Zhejiang province, on Friday.

Around 40,000 Alibaba employees from dozens of countries and regions attended the event, where the Group's Executive Chairman Jack Ma performed classic dance of superstar Michael Jackson and displayed sophisticated magic tricks.