Chinese companies have significantly improved their rankings in the Fortune 500 list of the world's biggest companies for 2013, a new report said.
As a well-known shopping street loses flagship stores, it must transform itself to retain tenants and attract customers, reports Wu Yiyao in Shanghai
Volkswagen Group China impressed German Chancellor Angela Merkel by making people a priority when she visited an FAW-VW plant in Chengdu, Sichuan province, on July 6.
In the presence of German Chancellor Angela Merkel and Chinese Premier Li Keqiang, Jochem Heizmann, member of the board of management of Volkswagen Aktiengesellschaft and president and CEO of Volkswagen Group China, signed a joint declaration for two new vehicle plants in China together with Xu Jianyi, chairman of FAW on July 7.
Shanghai is welcoming private investors to participate in a State-owned enterprise stockholding reform that it hopes will be completed within the next five years.
Energy demand growth in China fell below the 10-year average amid an economic transformation, British oil giant BP Plc said on Tuesday.
New multilateral development banks will not be rivals of the World Bank Group, according to its head, dispelling doubts that other lenders would try to compete with the globe's largest development bank.
Temasek Holdings Pte Ltd has increased its exposure to Chinese markets over the past year, even as Asia holdings weighed on its performance and the Singaporean investor turned to the West for growth.
The Chinese market will continue to grow for another 20 years in terms of commercial aircraft demand, pulling even with the United States as the leading markets in the world for Airbus Group NV, according to Chief Executive Officer Thomas Enders.
Airbus SAS will deliver 36 A380 planes, the largest passenger aircraft in the world, in 2014. It produces three jumbos each month.
The financial services branch of Baidu on Tuesday in Shanghai launched an A-share index, the first financial investment tool to survey the A-share market based on big data, signaling the Internet giant's entrance into the sector.
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