The outlook for small and medium-sized companies in the Pearl River Delta, a major manufacturing and trade hub in South China, remains grim after they witnessed a slower increase in exports in the first quarter of this year, according to an industrial report.
Fifty-four percent of respondents in a recent survey of Hong Kong businesses running factories in the Pearl River Delta in Guangdong province are optimistic about the prospects for their business, an increase compared with the annual survey last year, although those polled continued to book an increase in production costs.
Liepin.com, China's leading Internet-based recruitment service provider, plans to set up a global talent development center with a base of 20 million professionals by the end of 2014, its CEO told China Daily on Tuesday.
Chinese investment in overseas property markets will experience a surge this year partly because of the ongoing tightening measures at home and a rising yuan, industry analysts said.
China is facing an oversupply in the retail property markets in major cities, where a surplus of space is outstripping demand from urban residents and an expanding middle class, according to a new report.
Orders placed at China's largest international trade fair, running from Tuesday through May 5, will likely stabilize in the shadow of recent sharp export declines.
China FAW Group Corp takes the road less traveled for sustained growth in Africa, Li Lianxing reports from Johannesburg
Asian exhibitors can now showcase their lighting and electronic products during the April and October sourcing seasons.
Dim sum bonds, or offshore yuan bonds, will see increasing demand, experts said, thanks to lower financing costs in Hong Kong and tightening liquidity on the mainland.
Peruvian purchase from Swiss firm 'has great strategic significance'
As a complement to the twice-yearly China Import and Export Fair, known as the Canton Fair, the Internet site e-cantonfair.com will offer services to all global buyers during its spring session that starts on Tuesday, a senior company manager said.
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