China CNR Corp Ltd, the world's largest train maker by sales, raised $1.2 billion in a Hong Kong share offering, with pricing at the low end after a recent rally in its Shanghai-listed stock.
China will shut down small, obsolete petroleum refining facilities as it pursues a two-pronged strategy of upgrading the industry's technology level while improving air quality, according to a document from the National Energy Administration.
Anti-China protests in Vietnam will deter Chinese investment and lead to local job losses. Many Chinese companies and traders have initiated contingency plans and stopped trade activities to safeguard employees and minimize financial losses.
In the face of changing demographics, new rules areon the horizon to empower factory workers in disputes with employers in Guangdong, Emma Dai reports
China's skill gap could derail its economic upgrade, Long Guoqiang, a member of a cabinet-level think tank, said.
The vast majority of the nation's importers and exporters use the e-clearance program known as Customs Paperless Reform, said a report released in Shanghai on Thursday.
Chengdu plans to launch more high-tech enterprises over the next three years to drive the city's economy and innovative strengths amid China's industrial upgrading.
Transformed over two decades from China's biggest base for heavy industry in the western region, Chengdu is now thriving with a modern economy built on high-technology industries that are driving its growth and providing a window on its innovative strength.
China and Russia have agreed on most of a deal for natural gas delivery and cooperation on other projects. It will be signed during Russian President Vladimir Putin's visit to Beijing next week, a senior Chinese official said on Thursday.
Xiaomi Corp unveiled its first tablet product on Thursday, challenging the iPad's dominance in the sector.
Chinese fashion retailer Bosideng International Holdings Ltd has appointed a new chief executive officer in an effort to reverse its declining business.
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