Medical and healthcare investment soars

2011-11-05 08:26:16

Investment in China's medical and healthcare industry reached a record $3.5 billion in the first nine months of the year, 2.7 times more than the total amount over the whole of 2010.

China's Internet advertising rakes in 14b in Q3

2011-11-04 16:37:21

China's Internet advertising market hit 13.8 billion yuan (about $2.17 billion) in the third quarter, according to a report released Friday in Beijing.

Ban on 100w incandescent light bulbs

2011-11-04 14:09:07

China on Friday unveiled its three-step plan for phasing out energy-inefficient incandescent light bulbs in an attempt to promote energy conservation and emissions reduction.

Most of China's mineral reserves remain unexplored

2011-11-04 14:01:20

China has a large amount of unexplored mineral resources, as only 36 percent of the country's mineral deposits have been discovered thus far, the Ministry of Land and Resources said Thursday.

Rough seas for shippers expected to last for years

2011-11-04 13:54:24

A lack of political consensus to achieve balanced global economic growth is making 2011 "the most painful" year for the already troubled shipping industry, said Wei Jiafu, chairman of China Ocean Shipping (Group) Co.

Ministry to revive railway projects

2011-11-04 13:47:20

China's Ministry of Railways (MOR) said on Thursday that it will pay off some of its creditors before Nov 20 to ensure funding for railway projects that are currently under construction.

China desert city woos tourists

2011-11-03 17:09:23

Dunhuang, a desert city in northwest Gansu province known for the Buddhist frescoes in its Mogao caves, has halved hotel rates and ticket prices hoping to draw more tourists.

Chinese oil giants beef up diesel supply

2011-11-03 16:33:15

China's two oil giants have announced measures to increase diesel supply to ease shortages in many parts of the country at the demand of government authorities, local media reported Thursday.

Sinopec in talks for Galp assets

2011-11-03 09:37:22

Sinopec Group, which paid $7.1 billion for Repsol YPF SA's Brazilian unit, is in talks to buy a stake in Galp Energia SGPS SA's division in Latin America's second-biggest oil producing country, according to people with knowledge of the matter.

Non-manufacturing sector growth slows

2011-11-03 14:33:25

The growth of China's non-manufacturing sector slowed in October, as indicated by a decline in the Purchasing Managers Index (PMI), the China Federation of Logistics and Purchasing (CFLP) said Thursday.

The man who is the message

2011-11-03 13:50:28

British advertising guru sees huge potential for domestic Chinese firms.

China checks quality problems of electric cables

2011-11-02 17:35:54

China's top quality watchdog said Wednesday that more than 10 percent of the nation's electric cables were substandard in its sample checks on three major kinds of products.