BSH Bosch and Siemens Home Appliances Group expanded its refrigeration production capacity by adding a new factory in Chuzhou, in Anhui province, on Thursday to tap China's lucrative high-end home appliance market.
The United States-based electric vehicle producer Tesla Motors Inc has become the most dazzling superstar in China this week, not only by taking the fancy of the public but also by attracting willing cooperation from local industry leaders.
Chinese businesses grew more optimistic in the first quarter about the 12-month economic outlook, suggesting increased confidence, the latest Grant Thornton International Business Report 2014 showed on Thursday.
Datong Coal Mine Group Co Ltd (Tongmei) generates power from the fuel it produces close to the pit it came from. The trial at Tashan industrial park by China's largest coal miner may become a model for the country's changing industry.
The heat in the Tongmei Hotel was so high that I could not fall asleep, even after opening all the windows on a cold winter night.
Factory activity in China weakened for a fourth straight month in April, although the rate of decline eased, HSBC Holdings Plc said on Wednesday as it released its monthly Purchasing Managers' Index.
China's polled unemployment rate in March was 5.17 percent, slightly lower than in February, said Li Pumin, secretary-general of the National Development and Reform Commission, on Wednesday.
Beer is outstripping liquor and wine in terms of profitability in China, according to industry sources, and it's one of the few bright spots for alcoholic beverages amid a government crackdown on luxury spending that's hit sales of more prestigious drinks.
Entrepreneurs are hoping to create a gold mine out of the innovative technology, Shen Jingting reports from Hong Kong
China will step up scrutiny of the foreign-exchange activities of financial institutions this year and closely monitor cross-border capital flows, the State Administration of Foreign Exchange said in an online statement on Wednesday. The SAFE vowed to be on the alert for systemic and regional financial risks.
Much-anticipated operational rules for the China (Shanghai) Pilot Free Trade Zone, awaiting approval by local legislators, are expected to come into force in the second half of 2014 and lay a legal foundation for further reform.
From West to East, then East to West; this is how globalization is shifting, according to Nielsen Holdings NV's global Chief Executive Officer Mitch Barns.