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Emission control efforts bring business opportunities

BEIJING - Li Zongwei, chief financial officer of a solar energy company, was passionate while talking about the company's plan."We are planning to expand our production capacity of over 700 megawatt (mW) per year by 2011, with 600 mW at our headquarters and 100 mW at another base ...

Parker parks capital in China

Visitors line up to enter a full-scale model of the Comac (Commercial Aircraft Corp of China) C919 at Airshow China 2010 in Zhuhai, Guangdong province. Parker Hannifin will be developing hydraulic, fuel and flight control systems for the aircraft. [Photo/China Daily] Flight ...

Canada listed Zungui profit falls on higher costs

Clothing and footwear retailer Zungui Haixi Corp's quarterly profit dropped 8 percent, hurt by higher expenses on opening new stores and selling costs. The Chinese company, which completed its Canadian initial public offering in December, reported a profit of C$7.1 million, or 11 ...

Sandvik builds on China experience

SHANGHAI - Western construction machinery firms are turning rocks into gold in the world's second-largest economy at the height of its urbanization progress, seeking robust business growth to offset exposure to their ailing home markets. Sweden-based Sandvik Mining and Constructi...

Danfoss sees green potential in smaller cities

BEIJING - Danfoss Group, one of the largest industrial companies in Denmark, is stepping up its efforts to tap opportunities in China's second- and third-tier cities in a bid to promote energy conservation and business expansion. "China is the third-largest market for Danfoss. I ...

Rhodia buys Feixiang Chemicals for $489m

French specialty chemical producer Rhodia says its acquisition of Feixiang Chemicals will help reinforce its position in the global specialty surfactants market.[Photo/Agencies] SHANGHAI - French specialty chemical producer Rhodia on Monday announced the acquisition of Feixiang ...

Bright future for US vitamin retailer?

Bright Food Group Co is reportedly close to a deal to buy the US vitamin retailer, GNC Holdings Inc.[Photo/China Daily] Chinese food group is nearing deal to purchase GNC Holdings HONG KONG - Bright Food Group Co is close to a deal to buy the US vitamin retailer GNC Holdings Inc, ...

Coach is riding wave of growth in middle class

Coach Inc expects year-on-year sales growth of 75 percent in its 2011 fiscal year in China. [Photo/China Daily] US luxury handbag retailer expectssales in China to jump 75% in 2011 SHANGHAI - The growing self-indulgence of China's middle class has proved a boon to Coach Inc, the ...

Investors to snap up stakes in Datang unit

Aluminum Corp of China Ltd will buy a $50 million stake in the IPO of China Datang Corp's wind-power unit in Hong Kong. [Photo/China Daily] HONG KONG - Aluminum Corp of China Ltd and Angang New Co will each buy a $50 million stake in the initial public offering of China Datang ...

Acer has big plans for Chongqing

Gianfranco Lanci (third from left), chief executive officer of Acer Inc, shakes hands with Huang Qifan, mayor of Chongqing, at a ceremony on Wednesday to mark the company's $150 million investment in the city.[Photo/Agencies] CHONGQING - Acer Inc will invest $150 million in the ...

Consumer financier PPF Group spreads to Tianjin

Customers shop for Haier washing machines at Suning Appliance, one of China's largest consumer electronics retailers, in Yichang, Hubei Province. PPF Group, a Czech-based financial and investment group, plans to provide personal credit cards and loans for consumer purchases in ...

China's Gree may build air-conditioner factory in US

A man passes by a Gree sales outlet in Yichang, Hubei province. [Photo/Asianewsphoto] Gree Electric Appliances Inc, China's largest air-conditioner maker, may build a US plant to raise its international profile and compete against local peers, Bloomberg reported on Dec 2. Gree ...

GE Healthcare eyes grassroots

Technological innovation to drive company's growth in vast market CHICAGO - Multinational medical device and solutions provider GE Healthcare has started exploring China's vast grassroots market through technological innovation. "We plan to increase the proportion of business in ...

Hoteliers look to middle-range market for Chinese expansion

The lobby of The Langham Place Hotel, near Beijing Capital International Airport. Langham Hotels International will add more than 50 hotels on the Chinese mainland over the next decade.[Photo/China Daily] BEIJING - Encouraged by the increasing number of domestic and inbound ...

Yangtze Power may buy into EuroSibEnergo

China Yangtze Power Co is in talks to buy a stake in OAO EuroSibEnergo as a key investor for the Russian utility's planned IPO in Hong Kong. [Photo/China Daily] BEIJING - China Yangtze Power Co, the nation's biggest hydro-dam operator, is in talks to buy a stake in OAO EuroSibEne...

UPS eyes China parcel biz

A man works on a foreign-investment exhibition booth at the China International Industry Fair in Shanghai.[Photo/China Daily] Company in the running for domestic license from authorities BEIJING - United Parcel Service Inc (UPS), the world's largest package-delivery company, is ...

Shanghai Pharmaceutical to acquire China Health

A Shanghai Pharmaceutical outlet in Shanghai. The company plans to acquire China Health System Ltd to expand distribution.[Photo/China Daily] SHANGHAI - Shanghai Pharmaceutical Holding Co Ltd, China's second-largest drug company by revenue, said on Tuesday that it plans to ...

Liquor prices soar on high year-end demand

Strong demand for high-end liquor as Chinese New Year approaches has pushed up retail prices. [Photo / China Daily] SHANGHAI/BEIJING - As the Chinese New Year draws near, the demand for high-end Chinese liquor is soaring. Well-known brands, including Kweichow Moutai and Wuliangye...

Distribution sector: healthy and growing but needs more e-commerce

Exhibit of eFuture at the China Chain Store and Franchise Association's annual conference, in Nanjing, in November. [Photo / Provided To China Daily] China's distribution and e-commerce businesses are poised to meet the challenges and take advantage of the opportunities expected ...

Pioneers emerge in honoring film rights on Web

More video websites have realized the importance of respecting copyrighted video, according to William Feng, general manager and chief representative in China of the Motion Picture Association (MPA). [Photo / China Daily] BEIJING - When a new movie reaches cinemas, audiences in ...
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China offers inspirations to global dilemmas
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Bill Gates talks nuclear
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China slams Japan's NHK governor's denial of Nanjing massacre
China slams Japan's NHK governor's denial of Nanjing massacre
BEIJING, Feb. 5 (Xinhua) -- China on Wednesday slammed the remarks of ...

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China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
GM China chairman to retire
GM China chairman to retire
CHICAGO, Jan. 24 (Xinhua) -- General Motors Co. announced Friday that ...

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industry

Minivans rev up sales for GM
Minivans rev up sales for GM
Sales of General Motors and its Chinese ventures accelerated in ...
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 leader calls for more marine power
Chinese leader calls for more marine power
Chinese Vice Premier Zhang Gaoli Sunday called for research in polar ...

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sports

Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
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 ...
Fourteen countries expected to compete in Cuba's wrestling tourney
Fourteen countries expected to compete in Cuba's wrestling tourney
Some 14 countries and regions are expected to compete in the 45th ...
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