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HK approves rise of fuel surcharges by three airlines

The Civil Aviation Department (CAD) of the Hong Kong Special Administration Region said Thursday it has given approval to three airlines to raise the upper limits of passenger fuel surcharges for the period from May 1 to May 31, 2011. The new maximum levels of fuel surcharges ...

New nuclear power plants 'set to be approved'

New nuclear power projects may be approved, following suspension of the procedure on March 16 by the State Council after the Japanese tsunami, when the nuclear safety plan is issued, probably in August, a senior nuclear expert said. "Operating plants and plants under construction ...

BASF SE constructing new chemical plant in N China municipality

BASF SE, the world's largest chemical company, kicked off the construction of a new chemical plant in north China's harbor municipality of Tianjin on Wednesday, said an official with the company. With an investment of 85 million yuan (about 13 million U.S. dollars), the Tianjin ...

Chinese chamber responds to U.S. probe of Chinese auto parts

A chamber of commerce representing China's steel wheel manufacturers has responded to an anti-dumping and countervailing probe launched by the United States on Tuesday, the chamber said on Thursday. Three major U.S. importers expressed their support for China's position, while ...

S. China tax-free store attracts a crowd excited to splurge (2)

By 10:30 a.m., the counter of Gucci, an international luxury goods brand, was limiting entry to just 20 customers at a time in an effort to maintain order. "It's tax free, but people are so crazy that it seems as if commodities here cost nothing," a tourist said without giving ...

Sinopec suspends refined oil exports to ensure domestic supply

China Petrochemical Corporation, also known as Sinopec Group, announced on April 19 that it has indefinitely suspended exports of refined oil to regions other than Hong Kong and Macao in a bid to ensure domestic supply. The suspension will not be lifted unless the market ...

China has world's most registered trademarks: IPR official

China took the top spot in the world for the total number of trademark applications and valid trademark registrations at the end of last year, an intellectual property rights (IPR) official said Thursday. IPR authorities in China received over 1 million new trademark applications ...

China's packaging industry sees booming year in 2010

China's packaging industry had a booming year in 2010 with a gross industrial output of 1.2 trillion yuan (about 183.9 billion U.S. dollars), said a report released Thursday by the China Packaging Federation in Hangzhou, capital of east China's Zhejiang Province. The packaging ...

Piracy crackdowns mark China's copyright protection progress

During the 11th Five-Year Plan period (2006-2010), China's copyright administrations at all levels imposed administrative penalties for more than 49,000 piracy cases; handed more than 1,600 cases to judicial organs; shut down more than 128,000 illegal businesses and 3,500 illegal ...

China expected to be world's second largest tourism market

China is expected to take 8 percent of the global tourism market share in 2013, becoming the world's second largest tourism market, according to the latest research report released by strategic business consulting firm Boston Consulting Group. The report titled "Taking Off: ...

Alcatel-Lucent teams up with China Mobile

The telecom equipment maker Alcatel-Lucent said on Wednesday that it has signed a research memorandum with China's biggest telecom carrier, China Mobile Communications Corp, in areas such as the next generation mobile networks and cloud computing. The partnership will help the ...

UC Mobile jumps into mobile payment market

UC Mobile, the world's largest mobile Internet browser provider, announced on Wednesday a move into China's mobile payment market, in partnership with Alipay, the country's largest independent online payment platform. UC mobile released a new version of its mobile Internet ...

Nokia Siemens gets nod for Motorola assets buying

Chinese authorities have approved Nokia Siemens Networks' planned acquisition of some of Motorola Solution Inc's network equipment assets this week, according to a Nokia Siemens spokeswoman. The approval from China's Ministry of Commerce came as the last of nine anti-trust nods ...

Baidu's copyright investigation underway

Investigations of a copyright fight between more than 40 Chinese writers and Baidu, China's largest search engine, are underway, an official with China's copyright watchdog group said Thursday. Yan Xiaohong, deputy director of the National Copyright Administration, said during a ...

Toyota to slash output in China

Toyota Motor Corp said yesterday it would cut production at its Chinese plants due to shortage of auto parts following the devastating earthquake in Japan last month. By June 3, production capacity at all of its car manufacturing plants in China will be lower by 50 percent, and ...

GM will invest up to $7b in China's market

General Motors (GM), the largest foreign automaker by sales in China, will invest $5 billion to $7 billion over the next five years in the world's biggest vehicle market, aiming to double its sales to 5 million units by 2015. The US automaker's five-year plan for continued ...

Driving force for luxury cars

Chinese NBA star Yao Ming is the center of attention at the Shanghai auto show on Tuesday. [China Daily] China is the global driving force for premium luxury cars as consumer enthusiasm fuels sales, industry experts said. On Tuesday, the first day of the Shanghai auto show, ...

New round of stress test on property loans no signal of huge risks, says bank president

China's ordering a new round of stress test on real estate loans does not imply great risks of loan defaults, China CITIC Bank President Chen Xiaoxian said Wednesday. The stress test is a forward-looking risk management tool that commercial banks use to increase their risk ...

China Datang joins Australian wind farm development venture

China Datang Corporation Renewable Power Co. Ltd. will join efforts to establish a joint venture for developing wind farms and other renewable energy resources in Australia, said Datang in a statement published on its website Wednesday. This joint venture -- AusChina Energy Group ...

Sinopec chairman Su Shulin resigns

China Petroleum and Chemical Corporation, or Sinopec Corp, said Wednesday that its chairman, Su Shulin, had resigned. Sinopec's vice chairman Wang Tianpu will take over the duties of chairman until a successor is appointed, the company said in a statement filed with the Shanghai ...
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Merck to put $1.5b in R&D
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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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Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
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Gaming Firms Find Going Tough
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sports

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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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