Bayer HealthCare relocates
2011-03-25 09:44:06
The pharmaceutical company Bayer HealthCare (BHC) is moving its general medicine headquarters to Beijing, which is a first among multinational drugmakers.
BOC profit increases 29% in 2010
2011-03-25 09:34:42
The Bank of China announced on Thursday that it posted a 28.52 percent increase year on year in after-tax profits to 109.69 billion yuan ($16.71 billion) in 2010.
China to speed up shale gas development
2011-03-25 09:28:25
China aims to make major technological breakthroughs in developing shale gas to optimize the nation's energy structure, the nation's top energy official said on Thursday.
Foreign funds: Now's the time for Chinese property
2011-03-25 09:15:11
The coming six to 12 months will present good investment opportunities in China's property sector as liquidity in the market is expected to largely tighten during that period, according to leading foreign real estate funds.
China to impose rare earth resource tax from April 1
2011-03-24 17:51:47
China will impose a tax on rare earth minerals starting April 1, according to a statement issued jointly by the Ministry of Finance and the State Administration of Taxation to rare earth producers.
Hundreds seek a job in the clouds
2011-03-24 17:22:44
Shenzhen Airlines held its annual flight attendants recruitment at Wuhan Asia Hotel on March 23, 2011. More than 600 people lined up for an interview around 7 am.
China to strenthen liquidity management
2011-03-24 16:48:54
An official with China's central bank said Thursday that China should strengthen liquidity management as it is still facing imbalances of international payment and excessive liquidity.
Nuclear plant to be built in Shandong
2011-03-24 14:06:32
China will start building a nuclear power plant next month using fourth-generation technology that may be less susceptible to meltdown than Japan's damaged Fukushima Daiichi plant.
Gree Electric net profit up 46.76%
2011-03-24 14:05:18
Gree Electric Appliances, China's largest maker of home air-conditioners, reported Thursday its 2010 net profit soared 46.76 percent year on year.
Buffett eyes large countries for investment
2011-03-24 11:13:16
Billionaire Warren Buffett on Tuesday said he is looking to invest in large countries like India, China and Brazil, but added that restrictions on foreign ownership in India's insurance industry could act as a deterrent in the sector.
EU to end duties on Chinese shoes
2011-03-24 09:24:00
The European Union (EU) plans to terminate its four-year-long anti-dumping duties on leather shoes imported from China as of April 1. The move will present an opportunity for Chinese shoe manufacturers to expand business in the European markets.
Carmaker prepares merger
2011-03-24 10:42:19
Guangzhou Automobile Group Co Ltd, China's No 6 domestic automaker, said it plans to seek a listing on the Shanghai Stock Exchange through a 5.23 billion yuan ($797 million) merger with GAC Changfeng Motor Co Ltd.