Website will take on group-buying giants via China
2012-02-04 09:45:52
Jonathan and Danielle Jenkins, a young couple from Texas in the United States, want to challenge Jack Ma's e-commerce empire.
Shanghai and Hongqi cars to hit the road again
2012-02-04 09:43:52
China's strong desire to use domestic brands as official vehicles may provide a golden opportunity to revive the country's two most historic and famous cars, Hongqi (Red Flag) and Shanghai.
New plan for petrochems' development
2012-02-04 10:13:01
China will form as many as four refining bases in the coastal regions, each with a refining capacity of 20 million metric tons by the end of 2015.
State Grid buys stake in Portugal REN
2012-02-03 17:39:16
Portugal's government agreed to sell a 40 percent stake in REN-Redes Energeticas Nacionais SA (RENE) for 592 million euros ($779 million) to State Grid International of China and Oman Oil Co to meet the terms of a bailout accord.
Land sales in January plummets by 50%
2012-02-03 16:32:35
Land sales in China's 300 major cities dropped by nearly 50 percent year-on-year in January, as the property market cools down amid the government's rigorous measures.
CIC buys minority stake in EIG Global
2012-02-03 14:13:09
China Investment Corp (CIC) has acquired a minority stake in Washington-based asset manager EIG Global Energy Partners, the latest energy-related investment from China's $410 billion sovereign wealth fund.
China's industrial profit up 25.4% in '11
2012-02-03 13:43:58
China's industrial enterprises saw their profits increase 25.4 percent year-on-year to reach 5.45 trillion yuan ($863.68 billion) in 2011, the National Bureau of Statistics (NBS) said Friday.
CSRC to open securities to pension funds
2012-02-03 10:04:35
Guo Shuqing, head of China's top securities regulator, reiterated on Thursday his goal of opening stock investment to the country's pension funds, which have largely been unmanaged with returns that hardly beat inflation.
New iPhone sales begin on mainland with website
2012-02-03 10:00:39
With organized scalpers working overtime to keep the red-hot iPhone 4S in stock, Apple has adopted new retail policies to regulate orders and delivery of the product in Hong Kong and on the mainland market.
EU bailout funding possible
2012-02-03 09:07:49
China may offer rescue funds to Europe, Premier Wen Jiabao said after meeting German Chancellor Angela Merkel.
China issues infant formula regulation
2012-02-04 01:10:22
China's Ministry of Health (MOH) on Friday issued a regulation to standardize infant formula for children with congenital diseases.
China to further open up economy
2012-02-03 15:15:03
Chinese Vice Premier Li Keqiang said on Friday that China will adhere to opening to the outside world while trying to achieve balanced and sustainable economic growth through expanding domestic demand.