One of the country's biggest prawn exporters, Guolian Aquatic in Zhanjiang, Guangdong province, aims to be a key player in the maritime industry in China, according to the company.
Despite rising costs and fierce competition from Southeast Asia, a Hong Kong-invested textile company in Zhanjiang is still confident about business growth due to its persistent pursuit of technical innovation and strong support from the local government.
In the next few years, Hong Kong and Zhanjiang plan to build closer trade ties based on the complementary geographical advantages of both cities.
Major infrastructure projects in Zhanjiang are now vying for investors in Hong Kong.
The government of Zhanjiang is inviting investment from Hong Kong into its industrial parks, which are responsible for an increasing share of the city's economy.
Zhanjiang is welcoming investment from Hong Kong into its promising tourism industry, which is expected to boom around 2016 after the city's transport facilities have improved, a top city official said.
To boost the local economy and promote urbanization, the government of Zhanjiang, Guangdong province, plans to build a new urban area in the city called the Haidong New District.
The exploration rights owner of newly found world-class diamond, rare earth and strategic minerals deposits in the Southwestern African nation of Namibia is seeking support from China and partnership with Chinese companies for cooperative development of the resources.
Having spent the best 18 years of his life in the desert, Subramaniam Ragubathi believes it is now time to start the harvest.
CNOOC Ltd - China's largest offshore oil explorer - said on Tuesday that its net profit rose 7.9 percent year-on-year in the first half to 34.4 billion yuan ($5.6 billion), with the newly acquired Nexen Inc bringing 24.8 million barrels of oil equivalent to the company.
Following up on strong words about enforcement, the head of the China Securities Regulatory Commission, Xiao Gang, said his agency would double its investigative team with 600 new staff.
After industries such as music and publishing were severely disrupted by online competitors, art auctioneers found themselves facing two options: to either integrate digital practices into their operations, or lose additional chunks of the market to electronic retailers such as Amazon.com Inc.
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