China will overtake the US this year as the largest overseas tourism market measured by travelers and continue to grow, the industry's biggest global distribution system provider said on Tuesday.
XCMG Construction Machinery Co Ltd, one of the top domestic producers of heavy equipment, has reported declines in revenue and net profit for 2013.
The World Bank has lowered its forecast for China's economic growth this year to 7.6 percent from 7.7 percent, taking into account soft data on industrial output and exports in the first two months of the year, the multilateral organization said in a report on Monday.
China is expected to enact a nuclear security law by 2018 as it builds new nuclear plants while targeting a higher security standard, a senior lawmaker said.
About 19 kilometers northeast of Houston, 39 acres (about 16 hectares) of office buildings and factories hold a dream for a Chinese-Amercian business team to establish a brand in the United States.
Jereh Group, a Chinese private oil and gas equipment manufacturing and engineering service company, is taking big steps in its overseas expansion against the background of a slowing domestic economy.
Representatives from at least seven Chinese provinces met with officials from the National Development and Reform Commission, the country's top economic planner, hoping to secure industries to potentially be relocated outside Beijing, it was reported.
Purchases of pre-owned homes in Beijing reached a six-year low in March, Centaline Property Agency said on Monday.
Japanese retailer Ito Yokado Co Ltd is to close its Wangjing store in Beijing on April 25, with employees and goods withdrawn on May 15. Industry experts said fewer customers and a less-than-satisfactory performance are to blame for the end of eight years' operation.
Tingyi (Cayman Islands) Holding Corp, the company that owns instant noodle brand Master Kong and specializes in beverages and instant food, intends to establish an operations headquarters in Shanghai.
Chinese telecom equipment vendors have expressed optimism about the future development in the European market, with company officials saying they plan to invest more in the region.
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