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China's 2011 industrial output growth may slow to 11%

China's industrial output growth may slow this year, said a senior official from the Ministry of Industry and Information Technology (MIIT) Thursday. The full-year industrial added value output could rise 11 percent, down 4.7 percentage points from the 2010 growth rate, Xiao ...

Apple succession plan proposal rejected

Apple shareholders rejected a proposal on Wednesday that called for the company to disclose a succession plan for its chief executive. The rejection came a month after Apple CEO Steve Jobs went on an indefinite medical leave for unspecified problems - an absence that could be ...

Profit for electronics makers surges 58%

The profit of China's electronics manufacturing industry surged an annual 58 percent in 2010 on huge output and improved technology used in TV sets, mobile phones and computers, the regulator said yesterday. The output of LCD TVs, laptops, tablet computers and 3G phones expanded ...

95% web users support restraining internet monopoly

About 95 percent web users believe that China's internet industry has already been eroded by monopoly and approve of the government's suppression of the trend, according to a survey conducted by huanqiu.com. A large number of web users consider that it (monopoly) has destroyed ...

Team-buying websites in China urged to exercise restraint

After a year of steady growth, group purchasing websites in China have been told to exercise self-discipline and be reasonable in their business operations. Web designing software similar to Groupon, two or three technicians, a few marketing staff members and few hundred dollars ...

Taobao seeks to help 3rd party firms

Taobao.com, China's largest online shopping platform, yesterday said it will invest 300 million yuan (US$45 million) in the next three years to subsidize and support third-party software and service providers. "Taobao's major challenge comes from the ever-growing demand from ...

Qihoo 360 rolls out group buying portal

Qihoo 360, a leading Chinese network security solution provider, launched its group buying portal by integrating services from more than 200 group buying sites and forming a new cooperation model in the group buying industry. "Qihoo 360 selected more than 200 partners out of over ...

Shanghai phone booths given WiFi

A man surfs the Internet with a WiFi signal provided by a telephone booth in downtown Shanghai on Feb 24. [China Daily] A total of 500 public telephone booths in downtown Shanghai have been equipped with WiFi hotspots to enable the city to go wireless, bringing new life to the ...

GE Healthcare aims to boost medical facilities

A rural doctor demonstrates the use of medical apparatus in Hefei, Anhui province. The multinational company, GE Healthcare, has targeted China's rural market. [China Daily ] The multinational medical devices and solutions provider GE Healthcare said it will provide products and ...

NetEase.com reports Q4 and 2010 unaudited results

NetEase.com, Inc. (Nasdaq: NTES), one of China's leading Internet and online game services providers, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2010. William Ding, Chief Executive Officer and Director of NetEase, ...

Housing market expected to cool under strict purchasing limits (2)

Song Ding, a specialist in real estate market analysis with China Academy of Comprehensive Development, said that the focus of this round of tightening seems to have shifted from curbing housing speculation to curbing the general demand for apartments. The goal is to tightly ...

Railway linking NE China, Russia to resume operation in May

A rail freight link between northeast China's Jilin Province and Russia is to resume operations in May, six years after its halt amid disagreements among stakeholders, a local official said Wednesday. Owners of the 100-km Hunchun-Makhalino Railway, which links Hunchun in Jilin ...

China Eastern Airlines gets 50 bln yuan of financing support from CDB

China Eastern Airlines will get financing support of 50 billion yuan (about 7.60 billion U.S. dollars) from China Development Bank over the next five years, according to an agreement signed here Wednesday. The fund will be used by China Eastern to purchase and hire aircraft, as ...

Gold miners drive Chinese share market higher

Chinese shares crept higher Wednesday, led by gold miners, after international gold prices rebounded to above 1,400 U.S. dollars per ounce due to escalating violence in the Middle East and North Africa. The benchmark Shanghai Composite Index rose 7.12 points, or 0.25 percent, to ...

HP to engage in tablet wars

Hewlett Packard Co, the world's largest PC manufacturer in terms of shipments, is finally ready to step into the tablet world, with the announcement of its first slate running on its latest WebOS operating system. The US corporate and consumer electronics giant announced the HP ...

Huawei wins preliminary order in Motorola trade secrets case

Huawei Technologies Co Tuesday won a federal court order barring Motorola Solutions Inc from disclosing a variety of confidential Huawei information to rival Nokia Siemens Networks. But Motorola Solutions said it was pleased that the judge denied Huawei's request to block its $1...

Volvo to build plant in Chengdu

Swedish automaker Volvo cars, which was acquired by Zhejiang Geely Holding Group last year, is about to build its first Chinese plant in Chengdu, Sichuan Province, according to sources close to the matter. Ning Shuyong, a spokesman for Volvo China, confirmed to the Global Times ...

Historic trade meeting

Delegates from Taiwan and the mainland met yesterday to discuss issues arising from a sweeping trade pact that has set the stage for unprecedented economic interaction betweenthe two sides. It was the first meeting of the two since the Economic Cooperation Committee was launched ...

MOR issues short-term financial bonds of 40 bln yuan (2)

The expected return Yu Bangli, MOR's chief economist announced at a press conference during the Spring Festival travel week that the development of high-speed railways will not lead to debt crisis. But an unidentified employee of the field told reporters that the attendance rate ...

Hudong accuses Baidu of monopoly

Wiki-style information site Hudong Encyclopedia (hudong.com) announced Tuesday the company is appealing to authorities to conduct an anti-monopoly investigation on Chinese search engine giant Baidu, alleging the latter manipulates searches and eliminates Hudong entries from its ...
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finance

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Retailer's Net Profit Falls 3%
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trade

sports

Yao's gift of sport for all
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Two models stand beside golf equipment and bags at a recent golf ...
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