Shanghai establishment as a 4G test center will not only complement the commercial usage of the 3G license but will also create a long-term strategic investment for the future market, Economic Information Daily reported.

Chinese dairy company Bright Dairy & Food Co. said its parent is forming a new food-related venture with three other state-owned companies as part of an overhaul mandated by the government, the Wall Street Journal reported.

China’s State Environmental Protection Council released a report on Tuesday, announcing 45% of the country’s chemical plants pose grave risks to the environment, Xinhua news agency reports. Environmental safety measures need to be strengthened to ease the problem resulted from decades of disorganization of chemical industry distribution.