Swiss-Swedish engineering group ABB, which has a footprint in more than 100 cities in China, is preparing to double that number over the next three years, especially in the country's central and western regions after good sales in 2013.
China's stricter environmental protection regulations and its booming natural gas industry will create opportunities for global machinery manufacturers, which are grappling with a global economic slowdown.
6m tons of palm oil imported in 2013 to meet rising demand
A growing number of domestic and overseas lighting manufacturers are paying more attention to the promotion of light-emitting diodes for household use in the Chinese market following a global move away from traditional bulbs and a dramatically lower price for the energy-saving product.
The risk associated with the debt of some inland local governments is significantly higher than for their coastal counterparts, the chairman of Beijing-based Dagong Global Credit Rating Co Ltd said on Tuesday.
A more flexible and volatile exchange rate is likely to give riseto more genuine participationand less speculation, reports Gao Changxin from Shanghai
Leaders of Chinese companies are more confident about business growth in 2014 than their international peers, and the country remains at the top of the list of investment destinations for global executives this year, according to a PricewaterhouseCoopers survey.
Asia, led by Japan, has become the largest market for China's solar power products, as exports to Europe plummet amid trade disputes, an industry official said on Tuesday.
Land management and ownership are pressing issues as China strives for efficient, inclusive and sustainable urbanization, a study by the country's major think tank and the World Bank showed on Tuesday.
Beijing didn't engineer the yuan's recent decline, according to Industrial Bank's chief economist Lu Zhengwei, as accusations surfaced that it had orchestrated the drop in preparation for a wider trading band.
Lender says it will issue preferred shares when rules are promulgated
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Berlin Fang
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Liu Shinan
