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China's wind power blows to US stock market

China Ming Yang banners on the facade of the New York Stock Exchange to celebrate the company's initial public offering and first day of trading. [China Daily] Ming Yang Wind Power Group Ltd, a Guangdong-based wind power turbine manufacturer, priced its initial public offering ...

Govt extends resources search

A total of 45 areas across the country have been selected as key mineral exploration sites, said Wang Min, vice-minister of land and resources. The areas, which will be explored over the next five years, are in the country's 19 metallogenic belts, Wang said at the 12th Annual ...

New energies to lead copper growth

A worker operates machinery at a copper components factory in Zhejiang province. [China Daily] New-energy-related industries will be the main contributor to growth in copper consumption during the next five years, according to the International Copper Association. Meanwhile, low ...

Sourcing resources

Business people unload imports from Vietnam at a pier in Dongxing city, Southwest China's Guangxi Zhuang autonomous region. Prompted by rich resources, favorable locations, and reasonable prices in Southeast Asia, Chinese companies are increasingly investing in projects or ...

Diesel shortage stops traffic on W.China expressway

Buses, trucks and motorcycles wait for diesel at a gas station in Langzhong, Sichuan province, on Thursday. Provided to China Daily China's diesel shortage has paralyzed traffic on a pivotal expressway in northwest China, with trucks waiting in long queues to fill their fuel ...

Diesel shortages hit E. China amid rising demand

The diesel shortage that hit China's eastern Jiangxi Province is likely to last until the second half of this month, the local government said Monday. Drivers wait to get taxi refueled near a gas station in Nanchang, Jiangxi province, Nov 5, 2010. [CFP] The Commerce Bureau of ...

Strategic reserves for rare metals mulled

A worker takes a break from shoveling tailings out of a channel sluicing crushed mineral ore containing rare earths on the edge of Baotou in the Inner Mongolia autonomous region on Sunday.[China Daily] Chinese authorities may establish strategic reserves of 10 rare metals to ...

State Grid sees big role for clean tech

State Grid Corp of China, which manages power supply in 26 provinces, municipalities and autonomous regions, said clean energy is expected to account for 29.2 percent of total installed capacity in the area by the end of 2015. It would have 100 million kilowatts in wind and solar ...

Strike hits Honda China plants

Honda's four auto assembly plants in China have ground to a halt after workers at the company's parts maker went on strike demanding better wages. Workers at a Honda parts maker in Foshan, Guangdong province, go on a strike on Wednesday after their demand for higher pay was ...

New standards for rare earth sector

New buildings under construction are surrounded by a rare earth mine, a processing factory and a steel plant. China's new environmental standards on rare earth mining await government approval. [China Daily] A set of new industry standards aimed at reducing pollution and to ...

China, Russia oil pipeline starts operation

An oil pipeline linking Russia's far east and northeast China started operating Saturday. At 11:50 a.m., Yao Wei, general manager of Pipeline Branch of Petro China Co., Ltd. (PBPC), pushed a button in the China-Russia border county of Mohe in Heilongjiang Province, marking the ...

Rare-earth cuts 'insufficient'

The Ministry of Commerce announced Tuesday the first round of 2011 export quotas for rare earths, standing at 14,446 tons, an 11 percent first-round drop on last year. [Xinhua] The announcement that rare-earth exports would be cut next year points to China's dilemma in the ...

DESSO invests in China, aims for cradle to cradle

DESSO, a leading international carpet manufacturer based in the Netherlands, is making significant investment in China, backed up by their next-generation products one that improves room air quality and the other that reduces noise. DESSO makes carpet ranges for commercial and ...

Drought threatens non-ferrous metal production

Output by some non-ferrous metal producers in southwest China's drought-plagued Guangxi Zhuang Autonomous Region has plunged sharply and could stop altogether if the dry weather continues. People carry water home from a local water supply station in Sanbao Village, Sanbao County ...

Steel mills told to halt production

Workers weld steel rods at the coal exchange center in Taiyuan, Shanxi province. In addition to small steel mills, some small coking coal and electrolytic aluminum makers will also be forced to close, the government said on Tuesday.[China Daily] Small steel mills with steel blast ...

Boshiwa eyes Hong Kong float

Boshiwa International Holding Ltd, a Chinese manufacturer of garments for children and teens, is preparing for a listing on the Hong Kong bourse this year, an industry source told China Daily on Monday. The market value of China's baby industry, including food, garments, toys and ...

Garment industry awards turn 6 as it undergoes transition

Representatives from award-winning brands and organizations speak at the 6th China National Garment Association Awards at the Century Theater in Beijing on March 28, 2010. [China.org.cn] Outstanding garment brands were honored at the 6th China National Garment Association Awards ...

Chalco sees rosy 2010 after rough year

A worker loads imported aluminum at Qingdao Port, Shandong province. Chalco projects global aluminum prices will fluctuate between $2,000 and $2,400 per ton for 2010, and between 15,500 yuan and 18,000 yuan per ton in the Chinese market. [China Daily] Aluminum Corp of China Ltd ...

Watch company finds its time to start expanding

A luxury watch advertisement and a sculpture in Beijing's Wangfujing Street. Luxury watch producers are competing to gain a bigger market share in China. [China Daily] Swiss premium watch manufacture Jaeger-LeCoultre expects China to become its biggest market in the world over ...

Liquor prices soar on high year-end demand

Strong demand for high-end liquor as Chinese New Year approaches has pushed up retail prices. [China Daily] As the Chinese New Year draws near, the demand for high-end Chinese liquor is soaring. Well-known brands, including Kweichow Moutai and Wuliangye, have started raising ...
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Latest World News

world

Chicago unveils Chinese New Year celebrations
Chicago unveils Chinese New Year celebrations
CHICAGO -- Chicago held a ceremony Friday at the landmark Daley Civic ...
UN chief, Syrian FM in verbal clash at conference
UN chief, Syrian FM in verbal clash at conference
The first day of the peace conference in Montreux, was marked by ...
Chaos on streets after three reported killed in Kiev
Chaos on streets after three reported killed in Kiev
Three people have reportedly been killed in Ukraine's capital Kiev ...

market

finance

Panel to push financial reform in FTZ
Panel to push financial reform in FTZ
Financial reform in the China (Shanghai) Pilot Free Trade Zone will ...
Economist sees world economy strengthening in 2014
Economist sees world economy strengthening in 2014
NEW YORK, Jan. 24 (Xinhua) -- Global economy is likely to gain ...
China economic reform in focus at World Economic Forum
China economic reform in focus at World Economic Forum
There’s been much talk of China at the World Economic Forum-and a ...

company

industry

China's banks must evolve or perish
China's banks must evolve or perish
As China's traditional banks raise interest rates to claw back lost ...
Court rejects Apple lawsuit over iPad name
Court rejects Apple lawsuit over iPad name
Shenzhen Municipal Intermediate People's Court has rejected a lawsuit ...
Chinese steelmakers see profits plunge
Chinese steelmakers see profits plunge
China's 77 major steel companies reported an average profit margin of ...

trade

sports

Injured star short-track skater Wang Meng left out of China's squad for Sochi
Injured star short-track skater Wang Meng left out of China's squad for Sochi Winter Games
Injured Olympic champion Wang Meng has been ruled out of the 139...
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 ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...
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