Outsourcing expected to raise billions
2011-05-30 09:18:38
Chinese service outsourcing amounted to 270 billion yuan in 2010, up by 35 percent from 2009, and it is likely to continue to increase with an annual growth rate of two-digits, as it has over the past five years.
Hangzhou: Pilot city for a greener future
Alibaba develops logistics platform
2011-05-30 09:22:31
Following the example of 360buy.com and dangdang.com, the leading online shopping websites in China, Alibaba, is building its own logistics platform in partnership with China Post's Zhejiang branch.
Tibet's first five-star hotel opens in Lhasa
2011-05-28 17:14:58
China's Tibet autonomous region opened its first five-star hotel on Saturday, a move targeting the region's tourism industry.
Relax overseas investment rules: experts
2011-05-30 09:42:11
Experts have suggested that the government should remove restrictions on private-sector businesses and individuals making direct overseas investments, pointing out that it could benefit the domestic economy.
China the 'most likely' to keep growing
2011-05-28 10:37:36
China ranks 1st among 22 emerging Asian economies as the country most likely to maintain steady and rapid growth over the next 5 years, according to an index by Bloomberg.
Bocom looks to lure workers with higher pay
2011-05-28 10:24:46
Bocom International Holdings Ltd, the overseas securities unit of China's fifth-largest lender, plans to hire staff from foreign rivals to help it reach a target of doubling investment banking revenue this year.
Chery Auto to set up plant in Myanmar
2011-05-28 10:58:42
Chery Automobile Co Ltd is planning to set up a car assembly plant in Myanmar, the company said Friday.
China's demand for gold to keep rising
2011-05-28 09:51:10
Chinese demand for gold bars and coins as private investments could push bullion imports above 400 tonnes in 2011, the leading global consultancy GFMS said on Friday.
Capital account management simplified
2011-05-28 09:10:50
China's foreign exchange regulator announced Friday that it will simplify some procedures regarding the management of capital accounts in a bid to encourage trade and investment.
Shanghai, US to set int'l board rules
2011-05-28 10:29:34
The valuations of the IPOs of foreign firms on China's international board are likely to be similar to the level in the markets in which they are already listed, said Duncan Niederauer, chief executive officer of NYSE Euronext on Friday.
SAIC green lights 'green' cars
2011-05-28 09:04:01
SAIC Group, the largest car maker in China in terms of sales and revenue, will set the pace in the new-energy vehicle segment by launching mass-produced pure-electric and fuel-cell cars during the period of China's 12th Five-Year Plan (2011-2015), said a company executive.
China battles power shortage
2011-05-27 15:37:42
China will face its most severe power shortage this summer. Some regions are already facing power blackouts even before the peak season for power consumption arrives.