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China reported $50.89 billion of business volume in overseas-contracted projects in the past three quarters, up 34.3 percent from the same period last year, said the Ministry of Commerce Thursday.
Steelmakers in China, the world's largest producer, will be forced to cut output in the next two months as prices continue to decline because of oversupply, Jiangsu Shagang Group Co said.
Bosch Group, the leading German auto technology provider, expects its sales in China to have grown 15 percent this year, driven by strong market demand.
Boeing Co has received no cancellations of aircraft orders from Chinese airlines, a senior executive said on Thursday, although deliveries have been adjusted as carriers trim costs to cope with weak demand.
Boeing yesterday opened an aircraft maintenance, repair and overhaul (MRO) two-bay hangar at Pudong International Airport as scheduled despite the sluggish aviation market.
Foreign publishing groups are welcome to invest in the Chinese publication industry, China's General Administration of Press and Publication minister said Thursday.
Citi, the world's largest bank in terms of customers and branches, has opened its third rural lending company in Wafangdian, 100 km north of Dalian, in Liaoning province.
China Development Bank, a State-controlled lender mainly focusing on funding the nation's major infrastructure projects, might acquire Stockfly Securities as part of an effort to diversify into a financial conglomerate.
Global mining giant Rio Tinto reported a jump to record levels in iron ore output in the third quarter due to growing demand from steel makers, mainly from China.
China's so-called third- and fourth-tier cities - those at county level - will be most targeted in the future by domestic enterprises, investment agencies and international companies.
President and CEO of General Motors (GM) Frederick A. Henderson said in Shanghai Tuesday that China has surpassed US to be the largest market for the automobile giant.
Zhejiang-based Bank of Ningbo Co plans to raise 5 billion yuan ($732 million) in a private placement to augment its capital base.
