Yahoo, Alibaba present united front

2011-05-17 10:58:56

Yahoo Inc and Alibaba Group released a joint statement on Sunday saying they are "engaged in and committed to productive negotiations".

GDP growth target too low: PBOC adviser

2011-05-17 09:58:23

The Chinese economy is likely to expand by 9 percent on average in the coming five years, according to the central bank adviser Li Daokui on Monday.

China to increase trade with Latin America

2011-05-17 09:24:19

China plans to import a greater variety of goods from Latin American nations in an attempt at balancing its trade with foreign countries, said a high-level official from the China Council for the Promotion of International Trade.
Chinese, Brazilian ministers hold talks on trade

China cuts US Treasury holdings for 5th month

2011-05-17 13:38:03

China, the biggest buyer of US securities, trimmed its holdings for a fifth straight month.

Honeywell supplies China jumbo jet parts

2011-05-17 10:52:57

US-based Honeywell International Inc is in the final stages of establishing three joint ventures with Chinese firms to supply aviation parts for the C919 - China's homemade narrow body commercial airplane - said its top executive.

Guangdong leads processing trade innovation

2011-05-17 09:19:39

The General Administration of Customs and Guangdong province signed a cooperation memorandum in Beijing on Monday to build a demonstration region in Guangdong for upgrading the processing trade industry.

FDI rises 26% in China in first 4 months

2011-05-17 10:23:19

Foreign direct investment (FDI) in China rose 26.03 percent year on year to $38.8 billion during the first four months of this year, the Ministry of Commerce said on Tuesday.

China to upgrade power grids in rural areas

2011-05-17 10:06:04

China's top economic planer has issued a notice asking local governments to upgrade their rural power grids in a bid to boost the nation's rural power infrastructure and improve the lives of rural residents in the next five years.

China slams EU potato starch imports

2011-05-17 09:48:51

China will impose an anti-subsidy tariff on potato starch imported from the European Union (EU), although no starting date for the tariff has yet been announced.
Latest China-EU trade frictions not trade war: MOF

China's 2011 trade surplus may drop to $100b

2011-05-16 14:18:54

China's trade surplus may drop to around $100 billion in 2011, the China Securities Journal quoted a central bank advisor as saying in a Monday report.

'No discrimination' over China contracts

2011-05-16 13:26:37

Commerce Minister Chen Deming said 2009 was a year when 55 percent of the 12,439 tenders for procurement of electromechanical products went to foreign enterprises. "China has followed strict tender rules to ensure a level playing field for both Chinese and foreign companies," Chen said.

PICC P&C eyes global top 5

2011-05-16 11:06:12

China's largest general, non-life insurer, PICC Property and Casualty Limited (PICC P&C), is striving to become one of the top five global insurers by premium volume in the next five to ten years, according to a top official of the company.