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Dongfeng Motor Corporation, a major Chinese automaker, said on Dec 10 that it aims to triple sales of its own-brand vehicles to 3 million units by 2016.
The organic food business is experiencing rapid growth in China as a consequence of increasing concern over food safety. However, people have expressed fears over how genuine the goods are.
Increasingly affluent Chinese consumers are developing a strong desire for the finer things, as the nation's opening-up brings more luxury stores to their doorstep.
China's homegrown C919 large passenger plane has finished its preliminary development review and entered the development phase, a senior executive of Commercial Aircraft Corporation of China Ltd (COMAC) in Shanghai said Friday.
China is set to play a major role in the growth of the investment banking market in Asia.
China's housing market is expected to achieve a soft landing due to effects that emerged from the government's strict limits on property purchases, according to a report from a think tank.
With State leaders adding their voices to calls for tougher measures on food safety, cities nationwide are seeing the benefits of pilot projects designed to get the grassroots of society more involved in reporting conflicts.
Chinese leaders pledged on Friday to maintain the country's prudent monetary policy, despite expectations that the easing of inflation would lead to a more growth-oriented stance.
With time winding down at the Durban climate change talks, countries are narrowing their options for a balanced solution.
Responding to a request from the United States for a World Trade Organization (WTO) panel to settle a dispute over duties on US poultry, Chinese experts said that China is aiming to provide a level playing field for domestic businesses.
China's passenger-car sales rose at the slowest pace in six months in November. The pullback came as monetary tightening and the removal of government incentives dented demand at Chery Automobile Co and Honda Motor Co.
China's Ministry of Finance (MOF) said on Friday that it will cut corporate income tax by half for micro-and-small-sized enterprises to facilitate their growth amid financial strains.
