Rich-list woman pleads for life

2011-04-08 11:12:58

Thirty-year-old Wu Ying, who was once described as China's sixth-richest woman, pleaded guilty to a lesser charge on Thursday at her appeal against an earlier conviction and against the death sentence she was handed.

Chrysler to recall JEEP Wranglers in China

2011-04-08 10:33:15

China's top quality watchdog said Thursday US automaker Chrysler will recall 464 JEEP Wrangler vehicles in the Chinese mainland over problems with bolts that could cause noise and even affect steering while the vehicle is running.

China plans to take lead in new-energy vehicles

2011-04-08 10:07:21

China will launch a development plan in energy-saving and the new-energy vehicle industry to make the country a leader in the sector over the next 10 years, with government funding of 100 billion yuan.

China 'opening wider' for foreign investment

2011-04-08 09:25:28

China will "open wider" to the world by encouraging foreign companies to invest, for the first time, in certain industries under a new draft regulating foreign investment, experts said.

China guards against imported inflation

2011-04-08 09:23:27

The Chinese government has built "multiple lines of defense" to guard against imported inflation and will not let it fuel domestic consumer prices, a senior official at the country's top economic planner said.

3M plans new plant in China

2011-04-08 09:20:34

The 3M corporation will invest one billion yuan ($152.8 million) to build a plant in Hefei, a city in East China's Anhui province, to produce new energy products, including solar photovoltaic materials, authorities said Thursday.

Universiade Stars shine on wedding expo

2011-04-07 15:56:44

The 8th Shenzhen Int'l Wedding Exhibition & Wedding Cultural Festival kicked off on April 3, 2011. Universiade Star winners Li Luya, Wu Chencen, and Shao Jingjing display wedding dresses on the Expo, April 5, 2011.

Housing prices expected to drop slightly in Q2

2011-04-07 14:57:38

China's housing prices are expected to decline in the second quarter after some major cities experienced price slumps in March, experts say.

China welcomes foreign investment in oil, gas

2011-04-07 12:48:09

China will encourage foreign investment in oil and gas exploration and development and ethylene projects with capacity of no less than 1.0 million tons per year (tpy), Reuters reported on Wednesday, citing the National Development and Reform Commission (NDRC) said.

Economist hits out at trade protectionism

2011-04-07 12:31:56

A top Chinese economist has condemned trade protectionism, saying that a free flow of trade between China and the United States will benefit both economies.

SAIC Motor restructuring

2011-04-07 10:32:08

Shanghai Automotive Industry Corp (Group) is close to attaining total securitization by plunging all of its auto-related assets into its listed subsidiary SAIC Motor Corp, to increase the latter's profitability, competitiveness and car making capabilities.

Airbus targets Chinese market

2011-04-07 11:07:38

Airbus plans to sell five new Airbus Corporate Jetliners (ACJ) in China each year during the country's 12th Five-Year Plan (2011-2015) period, the company announced in Shanghai on Wednesday.