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Copycat culture drags down China's IT innovation: Editor's Note: Microsoft still enjoys massive market share on PCs worldwide, but with Apple dominating new markets in smartphones and tablets, the aging IT firm is looking to innovate. Can it find the talent it needs in China? Is the Chinese IT industry prepared for the future? ...

Fashion centres to boost Taiwans textile industry: Taiwan s Industrial Development Bureau (IDB) has initiated a new fashion hub in Taipei and in other regions across the country. The new fashion centres have been established by the IDB in cooperation with three industry research organizations and a number of local governments. ...

Anyang Iron & Steel invests in local steel firms: Anyang Iron & Steel invests in local steel firms Anyang Iron & Steel, the largest steel mill in Henan province, announced on Sunday that it had bought a stake in three local private iron and steel companies. In the restructuring deal, Anyang Iron & Steel will acquire a 10 percent ...

Chery to build $200m factory in South America: Chery Automobile Co will break new ground in Latin America when its $200 million factory in Venezuela starts producing vehicles for the region later this year, a move seen as further enhancing foothold in the overseas market of the automaker, a top company executive told China ...

HP battery packs in safety recall: Hewlett-Packard has recalled 162,600 battery packs used in its laptops because they can overheat, posing a risk of fire or burns. HP said customers will be eligible to receive a replacement for each verified, recalled battery pack at no cost. The company said on its website that ...

Probe into alleged graft at telcos: Chinese authorities have launched a large-scale investigation into the country's three largest State-owned telecom carriers on suspicion of corruption, after a series of dismissals of top-level executives and financial scandals rocked China Mobile Communications Corp, Chinese ...

Lessons China can draw from Apple: China has to move into higher value added production - numerous speeches and articles by ministers rightly stress this. An examination of 2011's list of the world's most valuable brands, published by international advertising and public relations giant WPP, confirms key lessons ...

Trade unions set wage talks target: Unions will introduce collective wage negotiations by 2013 in at least 95 percent of enterprises set up by Fortune 500 companies operating in the country, a senior union official said. Among the approximately 4,800 corporations of Fortune 500 companies in China, 93 percent have ...

Expert: Growth is slowing, but market future remains bright: A senior industry expert predicts that China's automobile production and sales will both grow to about 30 million units by 2015 compared to the 18 million vehicles sold last year. From 2006 to 2010 the country's auto production and sales grew an average of about 25 percent ...

China's crude steel demand forecast to reach 750 million tonnes in 2015: China Iron and Steel Association (CISA) predicts the country's annual demand for crude steel will rise to between 670 million and 750 million tonnes in 2015. The figures are 11.8 percent and 25.1 percent higher compared with the 2010 level, said Luo Bingsheng, CISA's deputy Party ...

Petrochemical sector eyes 10% annual growth: BEIJING - China's petrochemical sector plans to have 10 percent annual growth in output value in the five years to 2015, the Shanghai Securities News reported Saturday. Combined output of the sector will total 16 trillion yuan ($2.46 trillion) by 2015, the report said, citing an ...

China's home appliance retail sales slow in April: China's biggest home appliance retailers reported slower growth in April, with a year-on-year increase of 18.5 percent, according to the Ministry of Industry and Information Technology (MIIT). The growth rate for April was 17.9 percentage points lower than the growth rate posted ...

China's petrochemical sector eyes 10 pct annual growth in next five years: report: China's petrochemical sector plans to have10 percent annual growth in output value in the five years to 2015, the Shanghai Securities News reported Saturday. Combined output of the sector will total 16 trillion yuan (2.46 trillion U.S. dollars) by 2015, the report said, citing an ...

China's Chery Auto to set up plant in Myanmar: Chery Automobile Co., Ltd. is planning to set up a car assembly plant in Myanmar, the company said Friday. The plant will be capable of rolling out 3,000 to 5,000 Chery's QQ3 compact cars annually, said Jin Yibo, a spokesman with Chery Auto. The company has so far received nearly ...

China's state liquor producer to open five offices abroad: Kweichou Moutai, the producer of China's official state liquor, is planning to expand by setting up subsidiary offices abroad, the company's chairman said Friday. Yuan Renguo, chairman of Kweichou Moutai, said that his company will open five overseas offices over the next five ...

National animation industry park opens in north China city: China's national animation industry demonstration park opened on Friday in north China's city of Tianjin after completion of its first phase construction. Located in the Sino-Singapore Tianjin Eco-city, the animation park was built by the Ministry of Culture and the Tianjin ...

China ranks top 30 auto companies in 2010: China on Friday unveiled a list of the country's top 30 auto companies in 2010, including 14 state-owned enterprises, 13 privately-owned companies, and three three-way ventures. The Shanghai Automotive Industry Corp.(SAIC), China FAW Group Corp. and the Dongfeng Motor Group Co. ...

China ranks top 30 auto companies in 2010: China on Friday unveiled a list of the country's top 30 auto companies in 2010, including 14 state-owned enterprises, 13 privately-owned companies, and three three-way ventures. The Shanghai Automotive Industry Corp.(SAIC), China FAW Group Corp. and the Dongfeng Motor Group Co. ...

Xinjiang's auto exports to Central Asia balloon in first four months of 2011: The auto exports through overland ports in Xinjiang are soaring in the first four months of this year, according to official data. The customs statistics show that more than 3,200 vehicles with a total value of 127 million U.S. dollars were exported from Xinjiang from January to ...

Unilever's price rise 'a corporate decision': Unilever's decision to raise the price of some of its products is a "corporate decision", and the government will not punish the company or "interfere" with its business, a senior official said. But a major priority for the government this year is to control the price of food and ...

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