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Highway grid to be finished by 2015: MOT

The nation's highways will connect more than 90 percent of cities with a population of more than 200,000 by the end of 2015, according to a report released by the Ministry of Transport Thursday. Sun Guoqing, director of the planning department of the Ministry of Transport, said ...

Rare-earth giantto set up exchange

Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co Ltd, the world's largest rare-earth producer, will set up the Baotou Rare-Earth Products Exchange to further regulate the market. It will be the country's first rare-earth product exchange and will trade only spot products, ...

China Southern to receive 1st Boeing 787 Dreamliner in Q4

China Southern, one of China's leading airlines, will receive its first 787 Dreamliner aircraft from the Boeing company in the fourth quarter of this year, Boeing chairman and CEO W. James McNerney said on Thursday in Beijing. The aircraft will be the first of its kind to be used ...

Chinese airlines continue to hike jet fuel surcharge

A few hours after Sichuan Airlines announced they would increase fuel surcharge in response to recent hike of oil prices from thursday, Air China, China Eastern Airlines and other major domestic carriers disclosed their plans for adjusting jet fuel surcharges for the third time ...

Outlook for China auto market is not optimistic

The latest survey conducted by the Gasgoo, a Chinese automotive news website, predicted a negative sales trend in the Chinese auto market for the second half year. Of the 3,812 auto professionals who took part in the survey this month, 47 percent foresee a low business growth of ...

China's April lottery sales up 32.2%

China's April lottery sales rose 32.2 percent year-on-year to 18.65 billion yuan (2.87 billion U.S.dollars), the Ministry of Finance (MOF) announced Thursday. Sales of lottery tickets in the first four months of the year totaled 64.96 billion yuan, a year-on-year increase of 33.3 ...

China to invest 6.2 trillion yuan in transportation sector over next five years

China plans to spend 6.2 trillion yuan (954 billion U.S. dollars) to upgrade its transportation infrastructure during its 12th Five-Year Plan period (2011-2015), an official said Thursday. The figure was compared to a previous investment of 4.7 trillion yuan in the sector during ...

A tablet to cure PC headaches

Want to write a love letter to your sweetheart, but don't want to use a steel-cold type font e-mail? Well, now you can use your own handwriting and even draw some red heart patterns then send them through e-mail by using a tablet PC. Nowadays, almost all tablet PCs look the same: ...

Google introduces mobile payments system Google Wallet

Google on Thursday introduced its mobile payments system Google Wallet, bundled with its coupon service Google Offers, planning to bring all parts of the retail experience together on smartphones. According to Google's official blog, the search giant hopes to put tickets, credit ...

Online security breach at Sony phone JV

Sony has suffered another online security breach, this time for 2,000 customers of its Sony Ericsson joint venture in Canada, the latest in a series of hacker attacks against the electronics and entertainment company. Sony Corp spokesman Atsuo Omagari said yesterday that names, e...

EU firms are thriving in China, survey finds

59 percent plan major new investments to seize growing opportunities BEIJING - A survey released on Wednesday showed that European companies in China saw significant increases in revenue and net profit in 2010, and European companies have reaffirmed their commitment to continue ...

ZTE looking to narrow sales gap with Huawei Technologies

ZTE Corp, China's No 2 telecommunications equipment maker, will narrow the sales gap with domestic rival Huawei Technologies Co Ltd, by achieving a growth rate of more than 20 percent this year, according to the company's executive vice-president. That beats the recent revenue ...

Total assets of Chinese financial leasing companies hit 364 bln yuan

China's financial leasing industry has reported rapid growth in recent years, as the total assets of the country's 17 financial leasing companies jumped to 364 billion yuan (56 billion U.S. dollars) at the end of March this year, an increase of 25 fold from 2007, a senior banking ...

China faces challenges in grain production despite bumper summer harvest

China still faces challenges in grain production, although it is likely to see a rise in summer grain output this year, a senior official said Wednesday. Prices of producer goods have continued rising, which has squeezed farmers' profit margins and dampened their enthusiasm for ...

Cloudary aims at $200m IPO

Cloudary Corp, a subsidiary of Nasdaq-listed Shanda Interactive Entertainment, said Tuesday in a filing with the US Securities and Exchange Commission that it aims to raise up to $200 million with an initial public offering on the New York Stock Exchange. The filing did not ...

Qihoo 360 reports rise in revenue

Qihoo 360 Technology Co Wednesday revealed its unaudited financial report for the first quarter of 2011, which showed that the company's revenue increased by 136 percent to $22.9 million compared to the same period last year. However, net losses soared from $1.5 million to $21.4 ...

ZTE looking to narrow sales gap with Huawei

ZTE Corp, China's No 2 telecommunications equipment maker, will narrow the sales gap with domestic rival Huawei Technologies Co Ltd, by achieving a growth rate of more than 20 percent this year, according to the company's executive vice-president. That beats the recent revenue ...

Windows Phone to arrive in China soon

Microsoft's Windows Phone will arrive in China over the next few months, Chief Executive Steve Ballmer announced Tuesday. The US software behemoth will introduce its phone in partnership with Nokia and other handset makers, Ballmer said at a forum in Beijing, without giving ...

Oil & chemical sector output hits $1.35t

China's oil and chemical industry generated 8.88 trillion yuan ($1.35 trillion) in gross output value in 2010, an increase of 160 percent over 2005, according to China Petroleum and Chemical Industry Association. The output value is expected to reach 15 trillion yuan in 2015. ...

Mercedes-Benz expands R&D for Chinese market

Daimler AG's Mercedes-Benz plans to provide more tailor-made vehicles and technologies to cater to customers' increasing demands in China, the luxury carmaker's third-largest market. Ulrich Mellinghoff, head of safety development at Mercedes-Benz, said the company will further ...
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china

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world

market

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IMF chief warns of risks to recovery
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China's farm product pricing plan shifts to market orientation
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Chinese investors look to overseas opportunities
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finance

company

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
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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