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More traction for motorcycles

Facing a maturing market that demands more advanced products and overall economic tightening, one of China's biggest motorcycle makers Chongqing South Motorcycle Co expects a slight decline in production this year to 6 million units. Company President Chen Yongqiang told China ...

Baidu makes deal with world music giants

Baidu Inc., the largest Chinese search engine based in Beijing, said Tuesday it closed a deal that allows the company to provide download services of music from Universal Music, Warner Music and Sony Music. According to the deal signed between Baidu and One Stop China (OSC), a ...

Mainland's promising consumer market draws Taiwan businesses

The promising consumer market in the Chinese mainland is attracting Taiwan companies to make bigger investments while their mainland counterparts are looking for deeper cooperation. Shin Kong Mitsukoshi, a leading department store in Taiwan, has unfolded its investment plan in ...

World's biggest dairy firm announces third farm in China (2)

Ji Xinglong, Mayor of Yutian County, said Fonterra's two farms in the region were helping to build Yutian's reputation as a key national agriculture demonstration zone. "We welcome the investment in the area and will support them in any way we can to ensure they have the right ...

NVC seeking to acquire European lighting firms

Hong Kong-listed NVC Lighting Holding Ltd, a leading Chinese lighting products maker, plans to acquire small and medium-sized European firms, as the firm aims to expand into new markets. "We will combine the customer bases, the branding capacity and the research and development ...

Growth rate of Internet population slows down

First-half growth in the ranks of Chinese Internet users slowed to the weakest pace since the late 1990s, said a quasi-government organization, even as the number of micro-blogging users soared. The number of Internet users hit 485 million at the end of June, up 6.1 percent half...

High-tech firms head to Pudong park

Several top high-technology firms, including Qualcomm Inc, Texas Instruments and TCL Corp, agreed yesterday to set up facilities in a software industrial park in Pudong New Area to improve Shanghai's innovation level. Other firms, including SAP and Citicorp Software and ...

NDRC approves Peugeot, Chang'an joint venture

China's fourth-largest automaker, Chang'an Automobile Group, said on Monday that its joint venture with Europe's second-largest automaker, PSA Peugeot Citroen, was approved by the National Development and Reform Commission. The development signals the start of operations for the ...

Automakers compete for better sales through price cut

Dong Yu, a resident of the city of Changchun in northeast China's Jilin Province, was dazzled by the large quantity of discount offers posted in a local exhibition hall where an ongoing international auto expo has attracted hundreds of automotive brands from home and abroad. "I ...

Talent shortage a bottleneck for auto industry

For China's auto industry to become more advanced it must break through the talent shortage bottleneck to boost technological innovation, experts said at an auto expo being held in the northeastern province of Jilin. Despite the rapid growth of the auto sector in recent years, ...

China's auto industry caught in dilemma

The stunning growth of the world's largest auto market over the past two years has created some serious problems: grid-lock, pollution and energy shortages. "China's auto industry is caught in a dilemma in the wake of energy supply strains, deteriorating environment and traffic ...

Hainan carrier weighs European presence

HNA Group, China's fourth-largest airline group, is seeking to become the first Chinese airline to invest in the European aviation sector by bidding for a Hungarian carrier and a German-based airport operator. Wu Feng, manager of the brand center of HNA group, said his company is ...

Sichuan Hanlong seeks control of iron ore project

The Sichuan Hanlong Group, a private conglomerate, offered A$1.2 billion ($1.3 billion) in cash for the rest of Australia-listed miner Sundance Resources Ltd to gain control of its iron ore project in West Africa, a move to further expand its global footprint in resources. ...

Automakers compete for better sales through price cut

Dong Yu, a resident of the city of Changchun in northeast China's Jilin Province, was dazzled by the large quantity of discount offers posted in a local exhibition hall where an ongoing international auto expo has attracted hundreds of automotive brands from home and abroad. "I ...

More Chinese cities see property prices fall as result of cooling policies

More Chinese cities reported lower or unchanged property prices in June, which suggests that the government's cooling measures have begun to work, data showed on Monday. Twenty-six cities out of a statistical pool of 70 major cities saw new home prices decline or remain unchanged ...

China to launch carbon emissions trading pilot project

China will start a pilot carbon emissions trading project, and gradually set up a carbon emissions trading market, said Xie Zhenhua, vice-minister in charge of the National Development and Reform Commission (NDRC), on Sunday at the 2011 Eco-Forum Global in Guiyang. China would ...

Lack of credibility costs Chinese enterprises 600 bln yuan annually

Chinese enterprises lose up to 600 billion yuan (about 92 billion U.S. dollars) every year due to a lack of business credibility, according to official data. About 200 billion yuan, or one third of the loss, was a result of consumers' lack of trust in product quality as data with ...

Talent shortage a bottleneck for China's auto industry

For China's auto industry to become more advanced it must break through the talent shortage bottleneck to boost technological innovation, experts said at an auto expo being held in the northeastern province of Jilin. Despite the rapid growth of the auto sector in recent years, ...

China's auto industry caught in dilemma

The stunning growth of the world's largest auto market over the past two years has created some serious problems: grid-lock, pollution and energy shortages. "China's auto industry is caught in a dilemma in the wake of energy supply strains, deteriorating environment and traffic ...

Hong Kong has 900,000 registered companies by end of June

The number of companies registered in Hong Kong under the Companies Ordinance reached 912, 242 by the end of June this year, up 48,480 from the end of 2010, the city's Company Registry said Sunday in a statement. "The number of new companies incorporated continued to rise in the ...
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china

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world

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IMF chief warns of risks to recovery
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Chinese investors look to overseas opportunities
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finance

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Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
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trade

sports

Yao's gift of sport for all
Yao's gift of sport for all
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Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
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