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First high-speed railway opens in China's Hainan island

A high-speed railway opened Thursday in Hainan, China's southernmost province, greatly cutting travel time along the island's eastern coast. The Donghuan (East Ring) Railway is 308 kilometers long, links up the cities of Haikou, the provincial capital, and Sanya, as well as a ...

China completes main parts for 1st homegrown jet

An aviation company in northwest China's Shaanxi Province Tuesday finished producing the wings, wing flaps and other components to be used in China's first homegrown large passenger jet, the C919. Xi'an Aircraft International Corporation (XAIC), a subsidiary of China Aviation ...

Chinese mainland, Taiwan airlines expand cooperation

Chinese mainland-based Xiamen Airlines and Taiwan-based Mandarin Airlines announced Monday that they would begin sharing flight codes on two cross-Strait flight routes in a move to assist those people flying between southeastern Fujian's Xiamen City and the island's Taipei and ...

Shandong Airlines plans to buy 15 Boeing 737-800 jets

China's Shandong Airlines has announced that it plans to purchase 15 Boeing 737-800 passenger jets as the country's air travel market grows. Worth up to 1.2 billion U.S. dollars, the planes will be delivered between 2014 and 2015, a company statement posted on the Shenzhen Stock ...

Qiangsheng's deal

Shanghai Qiangsheng Holding Co has gained regulatory approval to acquire Shanghai Bashi Taxi Co, the Shanghai-listed Qiangsheng has said in a stock exchange filing. Qiangsheng's fleet may top 13,000 taxis to become the world's biggest, after acquiring Bashi's more than 5,000 cabs...

Driving up business in parking lots

Advertising executive Liu Wenbo has found an easy way to address wealthy property and car owners by posting ads on parking lot attendant booths. "By chance, I saw a pawnbroker posting their company name, address and telephone number on a parking booth in one community," he said. ...

3 airlines allowed to raise fuel surcharges

Hong Kong's Civil Aviation Department said yesterday that it had approved an increase in passenger fuel surcharges levied by All Nippon Airways, Cathay Pacific and Singapore Airlines, which would take effect in January 2011. The new maximum levels of fuel surcharges will be HK...

China Cargo Airlines to get capital injection

China Eastern Airlines said its board members have agreed to increase investment and introduce new investors to China Cargo Airlines. The capital injection will allow Concord Pacific Ltd, Eva Air's cargo unit, and Singapore Airlines Cargo to become shareholders of the cargo ...

Wheels turning for new bike-rental idea

Netizens have been excitedly debating a new proposal from the Beijing municipal government for a bicycle-sharing system to ease the city's traffic gridlock. The idea calls for 1,000 locations to be opened with more than 50,000 bikes for commuters who might otherwise clog up the ...

Dassault expands further into business jet market

In keeping with the expected ascension of China's business aviation market, Dassault Falcon Jet Corp launched a new sales and marketing office in Beijing Tuesday. Dassault Falcon is targeting big corporate clients and expecting annual sales of $1 billion over the next five years, ...

Airlines' traffic up

Honk Kong's Cathay Pacific Airways yesterday said the combined Cathay Pacific and Dragonair traffic figures for November showed a rise in the number of passengers and amount of cargo and mail carried against the same month last year. Cathay Pacific and Dragonair carried more than ...

China's Southern Airline to start flights to New Zealand

China Southern Airlines will begin flying to Guangzhou from Auckland three times a week from next April. Auckland Airport made the announcement at a news conference on Sunday afternoon. China Southern Airlines will run three flights between the cities (via Melbourne) each week, ...

Air China receives Spanish tourism award

Representatives of Air China collected a Plaque for Tourist Merit in Spain Thursday. The Plaque was awarded to Air China following a Royal Decree from Spain's Council of Ministers and the airline was one of just three organizations that won the award this year, the others being ...

Airports keen to get linked up with railways

More than 30 airports want to be better connected with the rail network in order to provide convenient transfers for travelers and tackle growing competition from the fast-growing high-speed rail network, an aviation industry official said. "Airports in eastern and southwestern ...

Hubei to invest US$26.5 bln on port expansion

Authorities in central China's Hubei Province announced Sunday they will invest more than 180 billion yuan (US$27 billion) to expand throughput capacity of Wuhan New Port on the Yangtze River between 2011 and 2020. The move comes as Hubei seeks to explore the shipping potential ...

Merger's odd staffing

One day you're a mid-level manager in Shanghai Airlines, and the next you're out on the tarmac filling China Eastern Airline planes with fuel. While it may sound a bit far-fetched, that scenario is not totally impossible as China Eastern may reassign up to 800 members of its ...

China's 1st homegrown jet yet to succeed commercially

China's first homegrown commercial regional aircraft, the ARJ21, has made a successful international debut at the Zhuhai air show. It caught the attention of excited Chinese nationals and the world's aviation media, but experts have said that it's still too early to celebrate, as ...

Dalian Port plans Shanghai exchange listing

Dalian Port Co said it plans to raise as much as 6 billion yuan (US$904 million) in its Shanghai initial public offering, with an offering range of 3.60 yuan to 4.00 yuan, which corresponds to 20.99 to 23.33 times the company's expected earning per share for 2010. It will sell 1...

Trade still weighs in blueprint

Although China is trying hard to shift to an economy powered by domestic consumption rather than exports, trade still weighs heavily in its economic blueprint for the next two decades. China aims to strengthen its position as a big trading nation in the next decade and to become ...

Auto imports policy in the making

China will "actively" encourage automobile imports over the next five years through a series of favorable policies as the nation expands imports to better balance its economy, said an official with the Ministry of Commerce. The ministry is planning an automobile import promotion ...

Latest World News

china

Xi Jinping to lead national security commission
Xi Jinping to lead national security commission
The Political Bureau of the CPC Central Committee has decided that ...
China's reform leading group holds first meeting
China's reform leading group holds first meeting
BEIJING, Jan. 22 (Xinhua) -- China's leading group for overall reform ...
Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...

world

market

Xinhua Insight: Emerging economies able to secure steady growth
Xinhua Insight: Emerging economies able to secure steady growth
DAVOS, Switzerland, Jan. 25 (Xinhua) -- Emerging economies are ...
China cuts retail oil prices
China cuts retail oil prices
BEIJING, Jan. 24 (Xinhua) -- China's top economic planner announced on ...
IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...

finance

company

Shell companies struggle to stay listed
Shell companies struggle to stay listed
China is planning to clamp down on back door listings. A back door ...
HK Disneyland Gets Toy Story Land
HK Disneyland Gets Toy Story Land
A general view of Toy Story Land at Hong Kong Disneyland is taken ...
Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...

industry

sports

Ghana qualifies for FIFA U-20 women's World Cup
Ghana qualifies for FIFA U-20 women's World Cup
Ghana qualified for the 2014 FIFA U-20 women's World Cup following a 4...
Stars 'Big Three' fall short of title in 1st year
Stars 'Big Three' fall short of title in 1st year
Miami Heat's LeBron James (R) stands with teammates Chris Bosh (C) and ...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
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