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Chinese IT market set to surge

2011-12-23 09:39:54

The value of China's IT market will surge to 985 billion yuan ($155 billion) in 2012, as sales rise by 19.9 percent from this year, according to the US-based researcher International Data Corp (IDC) in Beijing.

EU's carbon tax meets turbulence

2011-12-23 09:39:54

China opposes the European Union's "mandatory and unilateral" carbon emission tax on airlines which Chinese experts called "a green barrier".
EU law to impose carbon cost on all airlines
China unlikely to win suit against EU carbon tax

Wealth management market to expand

2011-12-23 09:15:07

China's wealth management market will keep growing as the investable assets of Chinese individuals are expected to reach 62 trillion yuan ($9.8 trillion) by the end of 2011, a report said.

Inner Mongolia coal output hit 908m tons

2011-12-22 14:14:53

The coal output in China's largest coal producing region, Inner Mongolia, rose 26.6 percent year-on-year to 908 million tonnes in the first 11 months of the year.

Software deadline gives IPR big boost

2011-12-22 10:24:01

All government departments at, and above, county level will use licensed software by the end of 2013 in the latest move to protect intellectual property rights (IPR).

China-invested PV project put into production in US

2011-12-22 09:43:00

Hoku Corporation, a solar energy product company based in Hawaii in the United States, has started production of polysilicon as the first project after a majority of the company was purchased by a Chinese company.

Daily freight voyages now being made to Europe

2011-12-22 09:36:56

China's growing trade volume is expected to continue shoring up the shipping business despite the current market downturn, said Hanne Sorensen, global chief commercial officer (CCO) of Maersk Line, the world's largest container carrier operator by capacity.

Indian solar probe may hurt sector

2011-12-22 09:36:56

If India starts an anti-dumping investigation into Chinese solar products in a month, as recent reports say, that could make the road ahead difficult for the industry following similar probes in the United States and the European Union, according to experts.

Limited-price houses open cities to buyers

2011-12-22 09:36:56

The limited-price house program has found revived interest among young people who want to settle down in cities, especially in the cities where property prices skyrocketed in recent years.

Affordable-housing goal met

2011-12-22 09:36:56

China launched an unprecedented push for large-scale construction of affordable housing this year in a major effort to meet the living needs of city dwellers amid rocketing property prices and high rents.

Korea Life to establish JV in China

2011-12-21 17:01:53

Korea Life Insurance, South Korea's No 2 life insurer, said Wednesday that it planned to establish a joint venture in China in a bid to make inroads into the world's second-largest economy.

Toy orders plunge in export-oriented city

2011-12-21 09:33:13

Most of the toy businesses in southern China's export-oriented city of Shenzhen have seen 20-30-percent drops in overseas orders this year due to the economic downturns in Europe and the United States.