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Though the Chinese venture capital (VC) and private equity (PE) industries are undergoing adjustment after a phase of rapid development, many global investment institutions are choosing China as a major investment destination for their new funds
China on Monday said it will continue to play a positive role in the proper settlement of the Syrian issue after it vetoed a draft resolution on the country.
The approach of spring hasn't brought good tidings for Chinese shipyards, which continue to struggle as a sluggish world economy, a glut of vessels and surging fuel prices hurt shipping demand.
China on Monday vowed to expand financial support for affordable housing projects this year as the government continues its efforts to bring housing prices back to reasonable levels.
China will hold the country's municipal- or provincial-level officials accountable for severe fire-related accidents, according to a State Council circular posted on the government's web portal on Monday.
China Zhongwang Holdings Ltd, the world's second-largest manufacturer of aluminum extrusion products by volume, has set a goal of increasing the volume of its exports to the United States by fivefold in 2012, indicating the company's ambition to strengthen its overseas business.
Chinese railway police arrested 1,106 ticket scalpers during the Spring Festival and confiscated 9,822 train tickets, said a statement released by the public security bureau of the Ministry of Railways.
China is using multiple channels and making every possible effort to rescue a group of Chinese workers abducted in Sudan, a Foreign Ministry spokesman said Monday.
Twenty-nine Chinese hostages abducted by the rebel Sudan People's Liberation Movement are expected to be released within 48 hours.
China's froninter defense forces have broken up a cross-border people smuggling gang and nabbed 12 suspects, said police of southern Guangxi Zhuang autonomous region on Monday.
China's State Council on Monday appointed Song Tao and Cheng Guoping as vice foreign ministers, replacing Lu Guozeng and Li Jinzhang.
Rescuers have recovered the bodies of nine people from a shipwreck and are still searching for another two missing in Central China's Hunan province, local officials said Monday.
