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The paint and coatings giant Akzo Nobel NV said on Thursday that it will set up more manufacturing facilities in China as part of a plan to double revenue by 2015.
China CNR Corp, the nation's second largest train maker, reported Friday that its net profits surged 45.12 percent year-on-year to 1.91 billion yuan ($291 million) in 2010.
Despite the failure to become the engine supplier for China's homegrown commercial aircraft, Connecticut-based jet engine maker Pratt & Whitney remains upbeat about its participation in China's aviation market.
Thrane & Thrane A/S, the world's biggest maritime satellite terminal supplier by market share, aims to double its sales in China in the next three years, according to its chief executive officer.
Goldman Sachs has bought a 12.02 percent stake worth more than $900 million in China's Taikang Life Insurance Co Ltd, as the US banking giant looks to benefit from growing demand for insurance products in the world's second-largest economy, Reuters reported on Friday.
It's almost a consensus that China is a huge market for insurance companies, but the general manager of Taiping Life Insurance Co Ltd said it's just that wish to gain a big market share in China that prevents the development of many insurance companies.
China Minmetals Corp, the country's largest metals trader, and Guangdong Rising Nonferrous Metals Group Co will obtain stakes in Ganzhou Rare Earth Mineral Industry Co.
Chinese entrepreneurs regard a shortage of funds as one of the most serious problems preventing their development, and they intend to more actively tap into the capital markets to raise money, according to a survey of more than 4,000 enterprises around China.
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.
As the China aviation industry celebrates its 60th anniversary this month, Eurocopter, in collaboration with Airbus, presents a brand new cabin interior concept specially designed for the Chinese market called Phoenix, to underline its commitment to the country's aviation development.
A new cabin concept called the Phoenix, featuring a color scheme and layout designed to appeal to Asian tastes, is being offered to Airbus corporate jet customers in the region.
The China Three Gorges Corp, China's largest hydropower developer, is ready to invest $15 billion in Pakistan's energy sector, a senior company official said on Thursday.
