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The China office of US aircraft manufacturer Boeing said Monday that an expansion of its China venture in north China's port city of Tianjin will be operational in 2013.
Competition among China's top air carriers is intensifying. Air China's subsidiary for private aviation - Beijing Airlines - was launched on April 11, to rival existing companies, including HNA's Deer Jet and China Eastern Airlines' business jet company.
Liuzhou Liangmianzhen, one of China's leading makers of oral hygiene products, posted on Sunday a decline of 35 percent in net profit in 2010 on soaring costs and fierce competition.
Low-altitude airspace will be opened for private flights in five to 10 years but industry insiders are reluctant to predict how many will be taking advantage of it, although they agree numbers will shoot up.
Gansu Dunhuang Seed Co Ltd, one of China's leading seed producers and providers, on Friday posted a 168.7 percent year-on-year net profit increase in 2010 based on soaring seed prices.
COFCO, China's State-owned food processing group, sealed a deal with US meat supplier Keystone on Friday to set up a joint venture in China to develop logistics systems in the growing market.
The Myanmar Taguang Taung Nickel Ore Project Mining System, with joint investment from China Nonferrous Group and Taiyuan Iron and Steel (Group) Co Ltd (TISCO), has been put into operation, authorities said Friday.
China State Shipbuilding Corporation (CSSC), the country's largest shipbuilder, posted Friday a 4.32 percent year-on-year increase in net profit in 2010 on robust growth in revenues.
Evergrande Real Estate Group rose for a second day in Hong Kong trading and closed at a record after saying March sales jumped 50 percent.
China COSCO Group, the country's top shipping conglomerate, is still working on plans for a group listing, the Shanghai Securities News said on Friday, citing a top executive, though no timetable was given.
Swiss pharmaceutical giant Roche Group said that it will make Shanghai its third strategic operations center in the world, after Basel, Switzerland, and San Francisco in the United States.
Volvo Penta, Europe's largest industrial and marine power system provider, will target China's emerging pleasure boat market as its growth engine in the near future, said the company's executives.
