TCL to add Samsung into the picture
2011-04-22 09:59:49
Samsung Electronics Co is set to obtain a 15 percent stake in Shenzhen Huaxing Photoelectric Technology Co Ltd, a joint venture between TCL Corp and Century Corp.
Consumer confidence rises in Q1
2011-04-22 09:18:43
Consumer confidence rebounded in the first three months of this year after a slide in the last two consecutive quarters, as inflation concerns began to ease and people's willingness to spend increased.
China's small-loan firms expands to 3,027 in Q1
2011-04-22 09:17:54
China's small-loan business kept expanding rapidly in the first quarter, with the number of small-loan companies increasing to 3,027 by the end of March this year, according to the People's Bank of China (PBOC) Thursday.
Hainan duty free gives shoppers a good deal
2011-04-21 16:10:03
The opening of a duty free store in Sanya, Hainan province, on Wednesday has grabbed the attention of shoppers across China, many of whom will be relishing the prospect of being able to purchase luxury imported goods at competitive prices without embarking on long trips abroad.
Luxury seats coming out of bullet trains
2011-04-21 14:35:50
Luxury seats will be missing from many of the fast trains that will soon travel on a high-speed railway running from Beijing to Shanghai, giving passengers more room and making the ride cheaper, railway sources were quoted as saying.
Experts seek end to food double standard
2011-04-21 14:30:03
Experts are encouraging the government to raise the country's food quality standards and change the practices that cause food products for export to be safer than those for sale in the domestic market.
Apple's new iPhone to hit markets in Sept
2011-04-21 11:18:11
Apple Inc's next-generation iPhone will have a faster processor and will begin shipping in September, three people with direct knowledge of the company's supply chain said.
Datang forms wind farm JV in Australia
2011-04-21 11:15:05
China Datang Corporation Renewable Power Co Ltd will join efforts to establish a joint venture for developing wind farms and other renewable energy resources in Australia, said Datang in a statement published on its website Wednesday.
State-owned power firms to merge
2011-04-21 10:45:47
China Gezhouba Group Co Ltd (CGGC), builder of the Three Gorges Dam, said on Wednesday that its parent company, China Gezhouba Group Corp, will merge with China Power Engineering Consulting Group Corp (CPECC), signaling the start of the country's effort to consolidate its power sector.
NDRC expects food prices to stabilize
2011-04-21 10:37:33
China's consumer prices are likely to remain high in the second quarter of this year, but food prices, the main driver of the country's inflation, are predicted to stabilize, a senior official from the National Development and Reform Commission (NDRC) said on Wednesday.
Sinopec chairman Su Shulin resigns
2011-04-21 10:25:36
China Petroleum and Chemical Corporation, or Sinopec Corp, said Wednesday that its chairman, Su Shulin, had resigned.