industry

Despite rigorous policies to curb real estate speculation, property investment in China continued its rapid growth in the first half year, fueled by the construction of affordable housing. Investment in the property sector rose 32.9 percent year-on-year to 2.63 trillion yuan (...
Tesco Plc China will open more than 20 stores this year and has opened its first freehold and largest logistics center in coastal Zhejiang province. Tim Ashdown, chief executive of Tesco China, said that in addition to its core business around Shanghai, the company plans to ...
China's wind power companies are finding their way into overseas markets, where fierce competition has previously limited their presence, usually by acquiring existing projects or investing in joint venture efforts. China Longyuan Power Group Corp (CLPG), the world's third...
China's tourism income rose 18 percent year-on-year to top 1 trillion yuan (153.85 billion U.S. dollars) during the first half of this year, the National Tourism Administration (NTA) said on Wednesday. Domestic tourists made 1.33 billion trips, an increase of 13 percent from one ...
China's northwestern Xinjiang Uygur Autonomous Region plans to establish a national botanic garden in Asia's largest wild fruit forest. The botanic garden will be set up in Xinyuan County in Ili Kazak Autonomous Prefecture encompassing an area of 20 square kilometers, according ...
China's ocean Administration Wednesday ordered ConocoPhillips China to immediately suspend operation at two platforms of Penglai oilfield in the Bohai Bay following two spills, saying that risks of new leaks still exist. Weekly review
Rupert Murdoch withdrew his bid for British broadcaster BSkyB on Wednesday in the face of cross-party hostility in parliament following allegations of widespread criminality at one of his tabloid newspapers. The move came hours before a planned vote in parliament that had all...
China's Sina Corp will launch a virtual currency for its highly popular microblogging service, Weibo, in the third quarter this year, the firm's first real push to monetise the platform, a source close to the matter said on Wednesday. Sina, which launched Weibo about two years ...
Inventories of iron ore at 25 of China's major sea ports rose to 94.93 million tons in the week ending July 11, according to the Xinhua-China Iron Ore Price Index released on Tuesday. The stock of imported iron ore last week was 810,000 tons higher than one week earlier, or up 0...
China's gold output for the first five months of this year rose 3.67 percent year-on-year to hit 132.02 metric tons, according to statistics released on Tuesday by the Ministry of Industry and Information Technology (MIIT). Of the total, 109.13 metric tons came from ferrous mines...
Chery Automobile Corporation Limited, a leading Chinese private automaker based in east Anhui province, posted more-than-100-percent growth in its June exports against a market adjustment at home. A company spokesperson said Tuesday that the company exported 16,578 vehicles last ...
The Agricultural Bank of China (ABC), one of the country's "big four" state-owned commercial lenders, said Thursday that it expects its net profits in the first half of 2011 to jump more than 45 percent year-on-year. The bank said in a statement filed to the Hong Kong Stock ...
As of the end of the 11th Five-Year Plan, China ranked third worldwide in terms of cargo ships with a total of 178,000. During the 11th Five-Year Plan, China's status as a leading power in shipping, port transportation and container traffic was dramatically enhanced. At the end ...
Chery Automobile Corporation Limited, a leading Chinese private automaker based in east Anhui Province, posted more-than-100-percent growth in its June exports against a market adjustment at home. A company spokesperson said Tuesday that the company exported 16,578 vehicles last ...
'It will be death' Yu Kai, 40-year-old boss of an online store based in Wuhan, foresees more than "a short-term hurt". If the government taxed Internet sales, he said, it would kill his business. "It will be the death of almost all Net stores." Yu's company has sold auto parts on ...
85% 'no' votes Sina Weibo, a popular Chinese language Twitter clone, asked users in late June: "Do you support the collection of tax on online stores?" As of Monday, more than 5,200 votes had been cast, 85 percent of them against the idea. Most of those who commented said they ...
China will continue to phase out unneeded industrial capacity this year, with 2,255 enterprises closing facilities, while the government fights the worst power shortage in years, a statement on the Ministry of Industry and Information Technology (MIIT) website said on Monday. ...
Zhang Chunjiang, former deputy general manager of China Mobile,the world's largest mobile operator by subscribers, went on trial Tuesday in a local court in northern Hebei Province on charges of taking bribes. He stands accused of taking 7.46 million yuan (1.15 million U.S...
Sogou, the search engine unit of Chinese Internet company Sohu.com Inc is aiming to overtake Google Inc by market share in China within a year in the wake of the US company's decision to pull out of the world's biggest web market. Sogou's revenue would likely exceed $20 million ...
U.S. crude oil prices rebounded on Tuesday after two straight sessions of losses as technical investors bought in the market and the euro pared some losses against the dollar. The euro trimmed losses after hitting fresh four-month low, as Italian government vowed to fast-track ...
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Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...
IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
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 ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...
Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...
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 ...
Lucrative golf industry lures stiff competition
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
History-making tennis legend Li Na notched the first-ever grand slam ...