To boost the local economy and promote urbanization, the government of Zhanjiang, Guangdong province, plans to build a new urban area in the city called the Haidong New District.
The exploration rights owner of newly found world-class diamond, rare earth and strategic minerals deposits in the Southwestern African nation of Namibia is seeking support from China and partnership with Chinese companies for cooperative development of the resources.
Having spent the best 18 years of his life in the desert, Subramaniam Ragubathi believes it is now time to start the harvest.
CNOOC Ltd - China's largest offshore oil explorer - said on Tuesday that its net profit rose 7.9 percent year-on-year in the first half to 34.4 billion yuan ($5.6 billion), with the newly acquired Nexen Inc bringing 24.8 million barrels of oil equivalent to the company.
Following up on strong words about enforcement, the head of the China Securities Regulatory Commission, Xiao Gang, said his agency would double its investigative team with 600 new staff.
After industries such as music and publishing were severely disrupted by online competitors, art auctioneers found themselves facing two options: to either integrate digital practices into their operations, or lose additional chunks of the market to electronic retailers such as Amazon.com Inc.
China's coal output and sales contracted in the first seven months amid weak demand, adding pressure on the industry to undertake structural adjustments, the China National Coal Association said.
The 7.2 billion yuan ($1.17 billion) mishap of Everbright Securities Co Ltd last Friday has not only left behind a host of trade-related problems but also raised issues that point to the inadequacies in the capital market mechanism and regulatory framework.
The mainland's stock market rose moderately on Monday, with brokerages falling after a trading error at Everbright Securities Co Ltd last Friday caused market gyrations.
A rumor has spread that a Taiwan team working for Everbright Securities Co Ltd was responsible for the trading error that triggered a surge in the mainland's stock market on Friday by placing a wrong order in the system, the 21st Century Business Herald reported.
China Telecom Corp Ltd, the nation's biggest fixed line network operator and third-largest mobile service provider, formed a joint venture with Chinese Internet company NetEase Inc on Monday to launch a mobile chatting tool called Yixin.
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