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Burgeoning growth at Shanghai VW: Sino-German joint venture Shanghai Volkswagen sold 100,108 cars in the first month of 2011, a year-on-year increase of 49 percent. Sales of its Volkswagen brand cars rose 56 percent to 82,100 units in January, helped by an all-time record of 11,380 Volkswagen Tiguan SUVs, as well ...

FAW heavy-duty vehicle wins award: The J6 heavy-duty vehicle and its diesel engine developed by FAW Group won first prize at the 2010 State Scientific and Technological Progress Award in the middle of January. It has been granted 193 patents - 15 of them inventions - and two software copyrights. Imported heavy...

Tips for job-hopping: Do not take changing your job as a way of seeking promotion and more pay. Although quite a few people manage to do so, their number accounts for a small proportion of job-hoppers. Do not blindly follow other people in job-hopping. There are people who changed their jobs only ...

Nagged by slow sales, BYD slashes prices

Labor shortage in China reflects shifting situation: After a tiring journey, Zhang Zhifeng, a migrant worker from the mountainous Guizhou province in Southwest China appeared at a job fair with his huge red suitcase. Zhang, 27, went there directly from the railway station after arriving at Guangzhou, the capital of the prosperous ...

Home sales slump in Shanghai on cooling measures: The sales of commercial homes in 2010 fell 42.4 percent from that in 2009 in Shanghai after authorities moved to cool down the property market. Commercial housing sales dropped to 16.9 million square meters in 2010, according to a statement released Friday by the Shanghai ...

Aiming for No 1 in welcoming the world: China's travel industry will shift focus from the country's places to its people this year, according to a recent announcement by the China National Tourism Office (CNTO). "China Culture Tour 2011" is its theme this year and, "Travel to appreciate and experience Chinese culture" ...

Maotai Riddle: Pricier in China, cheaper abroad: Foreign luxury products have monopolized the shopping list of Chinese tourists heading overseas for years, but more Chinese tourists are grabbing up Chinese brands sold on foreign markets, since they are sold at lower prices. When a man surnamed Li, a clerk from a foreign company ...

Apple's China factory: 58 poisoned quit: Fifty-eight of the 101 confirmed cases of poisoned workers at one of Apple Inc.'s suppliers in China have resigned with a one-time subsidy, after safety issues were exposed recently in Apple's annual supplier responsibility report, according to the website of Xinhua News Agency. ...

It's war out there in the micro blogosphere: A desktop screen shows bai nian (the Chinese characters for happy new year) on Sina Weibo, the most popular micro blog website in China. The Nasdaq-listed Chinese company kicked off a gift-sending initiative during the Spring Festival in which users who successfully invited ...

Slowing car sales to hit automakers: Automakers in China shipped 16.2 percent more cars to dealers in January as they moved aggressively to replenish inventories that were nearly depleted after explosive sales in December. A visitor examines a General Motors Co Buick Regal model at an auto exhibition in Guangzhou. ...

China to spend $1.3t on new rail, road infrastructure: A booth for Daqin Railway Co at a railway equipment expo in Beijing. Shares of Daqin Railway may rise as the nation's transport infrastructure is upgraded, according to Morgan Stanley. (Photo / China Daily) China plans to spend at least $1.3 trillion over the next five years to ...

Property prices rise in cities surveyed: The National Bureau of Statistics (NBS) said 68 out of 70 tracked cities reported higher prices for new homes in January from a year earlier but the market is likely to slow down, analysts said. Ten out of the 70 surveyed cities saw prices rise by more than 10 percent, the NBS ...

U.S. overreacts to Chinese firm's normal acquisition: Chinese and foreign experts said Saturday that the United States had overreacted to a 2-million-dollar deal of a Chinese hi-tech company's purchase of a U.S. company, and called to remove non-trade barriers between the two countries. Any technology-intensive corporation may ...

China's auto sales up 13.8% in January: China's auto sales rose 13.81 percent year on year in January to hit 1.89 million, a monthly record, the China Association of Automobile Manufacturers (CAAM) announced Friday. Auto output rose 11.33 percent from a year earlier to about 1.8 million units, said a statement from the ...

China auto sales up 13.8%: industry association: China's auto sales rose 13.81 percent year on year in January to hit 1.89 million, a monthly record, the China Association of Automobile Manufacturers (CAAM) announced Friday. Auto output rose 11.33 percent from a year earlier to about 1.8 million units, said a statement from the ...

Wuhan has more resources than any other steelmaker worldwide: Now that it has penned deals with two Canadian iron companies, Wuhan Iron and Steel (Group) Corporation (WISCO) has control over billions of tons resources, which makes it the steel manufacturer with the most resources in the world. WISCO signed a deal with Canadian Adriana ...

Goldman sees Sina as 'neutral': Goldman Sachs' downgrading Sina Corp's shares to "neutral" from "buy," citing limited value in its twitter-like micoblog service Weibo, caused the stock to drop 3.85 percent on Wednesday. Sina's shares closed at US$89.74 on Nasdaq on Wednesday. The downgrade sparked a discussion ...

Survey: Tencent, Baidu and Alibaba monopolize Internet market: Chinalabs.com (a web research consultancy) published the report Survey on Monopoly of Websites in China on Feb. 17 that points out that websites in China have apparently gained an oligopoly. Websites Tencent, Baidu and Alibaba rank number one in their respective fields. At ...

Ford aims to triple sales with new plant: Ford Motor Corp is likely to build a new factory in China as it seeks to nearly triple sales over the next 10 years and also to replace an existing plant, said 21st Century Business Herald Wednesday. The car maker wants to increase output with a new factory in Tianjin in northern ...

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Yao's gift of sport for all: Chinese NBA player Yao Ming teaches a boy with special needs how to ...

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