ABB benefits from green policy
2011-05-12 09:59:17
ABB Group is poised to invest $100 million in China this year as it sees abundant opportunities arising from the government's policy to increase energy efficiency in the country's 12th Five-Year Plan (2011-2015), said ABB's top executive.
Gezhouba builds Indonesian hydropower plant
2011-05-12 09:21:14
China Gezhouba Group Corp, the parent of the Three Gorges Dam builder, plans to invest $1 billion to build a hydroelectric power plant in Indonesia's Sulawesi Selatan province.
Minister: US should not discriminate Chinese investment
2011-05-11 14:41:55
China's commerce minister called the United States government not to discriminate direct investments from China, contending US' profiling and screening of Chinese investment proposals "neither fair nor transparent".
China calls for luxury price cuts
2011-05-11 14:25:45
The significant price gap among luxury goods, between domestic and overseas retailers, has attracted criticism from the Chinese government. Ministry of Commerce spokesman, Yao Jian, says the difference is unreasonable, and unfair to consumers.
Auto sales growth slows
2011-05-11 09:23:35
New data show that China's sluggish automobile market continued its recent downturn in April. Growth in passenger vehicle sales slowed to 1.3 percent year-on-year, the lowest level for more than two years.
BYD gets OK for Shenzhen share sale
Canadians searching for investors from China
2011-05-11 10:02:49
The Canada-based investor relations (IR) outfit CHF Investor Relations Co is making efforts to help foreign resources companies find investors in China and facilitate overseas market listings for small and medium-sized enterprises (SMEs).
China sets outdated facilities elimination target
2011-05-11 09:46:55
China's Ministry of Industry and Information Technology (MIIT) said Tuesday that it had set targets for local governments to eliminate outdated industrial facilities in 2011.
Auto sales growth slows
2011-05-11 09:35:44
China Telecom aims for 1m WiFi hotspots
2011-05-11 09:31:59
China Telecom Corp Ltd said on Tuesday that it will raise the number of WiFi hotspots to 1 million by the end of 2012 to meet rising demand for mobile Internet.
CCB raises down payment in Zhejiang
2011-05-11 13:12:00
Home buyers in some parts of China are starting to face increasing mortgage requirements as Chinese state-owned commercial banks are setting higher requirements as part of the new moves to tighten real estate credit.
BOC loses out in yuan bonds sales
2011-05-11 10:10:59
Chinese underwriters are losing out to international banks in a record year for issuance of yuan-denominated bonds in Hong Kong. That's as companies seek arrangers that are able to attract the most global investors.