Business / Industries

Slowdown persists for FMCG sales

[2014-11-01 07:40]

China's consumer market has seen a significant slowdown in growth over the past two years, according to an industry survey.

Contracting deposits add to warning signs

[2014-11-01 07:40]

Chinese bank deposits have dropped following a crackdown on lenders manipulating their numbers and "illicit" means of attracting money, which is threatening to weigh on credit growth and hinder efforts to reignite the economy.

Futures trading opens for global firms

[2014-11-01 07:40]

The China Securities Regulatory Commission released rules on Friday covering futures companies, encouraging overseas investors to participate in the Chinese market.

Industrial output to see stable expansion in Q4

[2014-11-01 07:40]

Industrial output will maintain stable expansion in the fourth quarter, although the risk of slowing growth continues to weigh on the economy.

Peony economy blossoms in Shandong

[2014-10-31 15:57]

The largest center for peony cultivation in China, Heze, Shandong province is looking to extend its flower production business by 30,000 hectares, said a local official on Oct 28.

China province orders 30% of vehicles off roads for APEC

[2014-10-31 14:36]

Five cities in north China's Hebei Province, which surround Beijing, will ban 30 percent of vehicles from roads to help ensure cleaner air for the upcoming APEC meeting in the Chinese capital.

China's key stock index rises 0.76%

[2014-10-31 11:03]

Chinese shares extended a three-day winning streak with the benchmark Shanghai Composite Index up 0.76 percent to end at 2,391.08 points on Thursday, the highest level in nearly 20 months.

37 billion yuan of taxes reduced for China's small firms

[2014-10-31 10:43]

Tax breaks have seen 37.1 billion yuan ($6 billion) slashed from on China small companies' tax bills in the first three quarters of this year, government data showed on Thursday.

China's VAT reform reduces tax by $53 nillion

[2014-10-31 10:42]

China's pilot program to replace turnover tax with value-added tax since 2012 has reduced tax by 328 billion yuan ($53.3 billion), the country's tax authority said Thursday.

China to hold high-level world Internet conference

[2014-10-31 10:38]

China will host a high-profile Internet conference next month, bringing together more than 1,000 representatives from tech firms and regulators, said China's top Internet regulator Lu Wei on Thursday.

Shanghai-HK stock link in final preparations: regulator

[2014-10-31 09:24]

Preparation for the Shanghai-Hong Kong stock exchange connection is in the final stage, vice chairman of China's securities regulator Yao Gang told a financial forum in Beijing on Thursday.

SouFun: Home prices may fall further

[2014-10-31 07:31]

China property prices could fall as much as 10% this year and the slump may extend into next, according to the founder of the country's biggest property information website.

Heze in Shandong provides free labs to medical research

[2014-10-30 17:23]

A series of medical projects, including research on anticancer drugs, are using free laboratories offered by Heze authority of Shandong province, as the city incubates and fosters hi-tech industry, said an official of local research center on Tuesday.

Not to miss: ProWine China 2014

[2014-10-30 14:13]

With only 15 days to go, Nov 12 to 14 will see the second edition of ProWine China taking place in hall N3 and N4 in the Shanghai New International Expo Centre.

Chinese rail merger adds pressure on western rivals

[2014-10-30 13:25]

With an increase in comparatively low offerings, the merger of China's two largest train makers may add pressure on western rivals, Bloomberg reported Tuesday.

China sees record steel output, price at 11-year low

[2014-10-30 13:00]

Chinese steel companies produced a record amount of crude steel in the first nine months, despite the government's efforts to thin the sector, according to an industrial report on Wednesday.

Shenzhen sees biggest rental increase in Q3

[2014-10-30 11:22]

Shenzhen's high-end office market recorded the highest overall rental increase at 17% in the third quarter, driven by the strong demand from Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone.

China opens bank-card clearing to foreign investors

[2014-10-30 09:37]

China will open the bank-card clearing business to both domestic and foreign investors in an effort to expand the opening up in financial sector and optimize consumption environment.

Austrian steel company voestalpine to build new plant in China

[2014-10-30 09:34]

Austrian steel-based technology company voestalpine AG announced Wednesday it has decided to invest about $180 million to build a new plant in China.

Medtech to see robust growth

[2014-10-30 07:25]

China will become the world's second-largest medical technology market with a value of $55 billion by 2020.

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