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GUANGZHOU - French retail giant Carrefour announced on Wednesday the establishment of a "price center" at one of its China stores to improve supervision of prices after being accused of overcharging customers. At the price center located at Carrefour Xinshi Store in Guangzhou, ...
A worker stacks train carriage wheels at a plant in Maanshan, Anhui province. The government is investing 800 billion yuan ($121 billion) to build 6,000 kilometers of high-speed rail track by 2012. [Photo / Bloomberg] Government testing under way for high-speed train wheel ...
A member of Cathay Pacific's ground staff helps a passenger check in at Chek Lap Kok Airport in Hong Kong. The airline will invest more in the mainland to allow its cargo venture to take advantage of inland manufacturing bases. [Photo /Bloomberg] Airline gets green light for ...
The Asia-Pacific region is becoming the fastest-growing market for civil aviation. In the next 20 years, the region will probably take over North America and Europe as the largest air transport market, according to European aircraft manufacturer Airbus. "Asia-Pacific airlines are ...
Chen Xiao [Photo / Xinhua] SHANGHAI - China's largest home appliance retailer Gome said late Wednesday that its chairman Chen Xiao has resigned. Zhang Dazhong, the founder of Dazhong Electrical Appliances Co, which was acquired by Gome in 2007, will take over as chairman and non...
BEIJING - The governor of Guizhou province said Wednesday that the latest price hike of Moutai, a famous Chinese liquor, was reasonable due to rising production costs. China Kweichow Moutai Distillery Co Ltd raised Moutai's price by 20 percent on January 1, 2011. The wholesale ...
BAOTOU, Inner Mongolia - China's top rare earth producer, Baotou Steel Rare-Earth (Group) High-Tech Co, said Wednesday it would markedly increase its market share of five major rare earth products including magnetic materials in the next five years. Zhang Zhong, general manager ...
BEIJING - Software makers Microsoft Corp, Adobe Systems Inc and Autodesk Inc have reached an out-of-court settlement with a Chinese steel structure engineering company on three separate copyright infringement lawsuits, according to the industry group Business Software Alliance ...
BEIJING - Ningbo Port Co, the operator of the country's second-biggest port by throughput, still intends to go public in Hong Kong - after its debut in Shanghai in September - to raise capital for the tens of billions it plans for future investment, a top port official said on ...
Furious Apple customers in Beijing are turning to consumer rights watchdogs after being denied refunds promised in promotions for the newly released iPad 2. In launching the second-generation last week, the American giant slashed the price of the original iPad by 1,100 yuan and ...
Real estate agents offer to provide false records to aid migrant buyers Real estate agents are exploiting a loophole to dodge tough new measures that ban non-Beijing residents from buying homes in the capital. A China Daily METRO investigation found that a number of businesses ...
Starbucks Coffee International President John Culver poses for the media as he passes a cup of coffee to the first customer at the Solana store in Beijing on Tuesday. [Photo / China Daily] Int'l coffee chain to bring in new product lines, open more outlets BEIJING - Starbucks ...
BEIJING - The ceiling China set on the prices of some multinational drugmakers' self-developed medicines, in line with the nation's efforts to broaden access to healthcare, could significantly affect the foreign companies' profits, some experts said. The policy, announced on ...
BEIJING - China's biggest online clothing retailer, Vancl.com, will not consider an initial public offering until the second half of 2012 at the earliest because it wants to focus on growing revenue first, its chief executive said. The company also aims for sales to rise fivefold ...
A construction worker leaves a China Vanke Co site in Beijing. Vanke said it will rapidly build homes on the land it buys. [Photo / Bloomberg] SHANGHAI - China Vanke Co, the country's biggest developer by market value, said demand for its homes will withstand government efforts ...
Best Buy Co Inc plans to focus on its Jiangsu Five Star Appliance Co Ltd outlets in China. [Photo / China Daily] HONG KONG - The US consumer electronics retailer Best Buy Co Inc said its China strategy will focus on expanding into inland cities, where consumption is booming and ...
A Hainan Airlines Co Ltd aircraft takes off from Sanya, Hainan province. HNA Group Co Ltd, China's fourth-largest airline group and parent of Hainan Airlines and Hong Kong Airlines, is increasing its tally of business jets to 35 by purchasing four G555 aircraft and one G450 from ...
The electrolytic workshop at Jiangxi Copper's smelter in Guixi, Jiangxi province. The company plans to raise its production to 1.5 million tons annually over the next five years from 900,000 tons reached last year. [Photo / Bloomberg] BEIJING - Jiangxi Copper Corporation, China's ...
Fosun Group's office building in Shanghai. The company has been tapping into the overseas market by establishing a $100 million yuan-denominated private equity fund last year. [Photo / China Daily] Plans to invest in consumer goods, luxury and food chains sectors BEIJING - China...
Warner Bros. on Tuesday announced that it will begin testing an offering of selected movies for purchase or rental through Facebook, which is seen as the social networking giant's first foray into the online movie rental market. Warner Bros. said consumers can buy or rent a title ...
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China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
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 ...
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 ...
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 ...
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 ...