Advanced technology products made by Chinese companies are finding their way to more overseas markets, especially in South America, and helping change the "cheap" tag associated with products from the country, industry sources said on Thursday.
Armed with delicate oak barrels, tin labels and other professional equipment including grape harvesters and sorters, several foreign wine-makers are converging in Yinchuan, the capital of the Ningxia Hui autonomous region, to cash in on the city's growing stature as a major wine-making place.
The Ministry of Commerce's rejection of a container shipping alliance proposal floated by three European maritime giants will maintain a fair competitive environment on a number of the world's busiest shipping routes, said industry sources.
Private media group StarTimes is looking to have a subscriber base of 20 million for its digital TV programs in Africa in the next five years, a top company official said on Thursday.
China on track to become world's biggest market in three years, say industry sources
Japanese companies may be investing less in China, but they have by no means given up on the market, according to a report by the Japanese Chamber of Commerce and Industry in China that was released on Wednesday.
Property prices continue to head south as homebuyers stay on the sidelines amid increasing funding problems for real estate developers, Zheng Yangpeng reports
Chengdu, an international hotspot in western China, has maintained steady economic growth after attracting overseas partners, despite overall downward pressure nationwide.
Cash-strapped property developers grappling with a deepening slump in the nation's housing market are delaying huge amounts of fees due to real estate brokers.
The Ministry of Finance announced on Wednesday that the value-added tax rate will be a flat 3 percent for many small businesses, effective July 1.
Walmart China will continue to grow hypermarkets and high-end membership format Sam's Clubs in the next three years even as it further develops its home delivery and e-commerce business in the country, top company officials said on Wednesday.
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Op Rana
Berlin Fang
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Chen Weihua
Liu Shinan
