Beef imports to China are likely to double by 2018, Rabobank Group said in a report on Wednesday.
China and the United States agreed Wednesday to strengthen cooperation on infrastructure while calling for an acceleration of talks on a bilateral investment treaty.
Less than 10 kilometers north of Tian'anmen Square in Beijing sits a 39-story office building known as Pangu, next to the 2008 Olympic venue Bird's Nest. This "five-star" workplace was named after a being that, according to Chinese mythology, was the creator of all.
Rising optimism in small Chinese cities has helped push overall consumer confidence in the nation to a record high, despite slowing economic growth, a new report said.
Aviation Industry Corp of China, the nation's top aircraft manufacturer, said on Wednesday that it was teaming up with French aerospace giant Safran to develop key parts for turboprop engines.
China avoided its second domestic bond default on Wednesday, as a local government stepped in with cash at the last minute.
Educational services provider New Oriental Education & Technology Group and ATA Inc, a Beijing-based provider of advanced testing technologies and testing-related services, have set up a joint venture to tap growth opportunities in the Chinese online and mobile education market and to train working professionals.
NetEase Inc, China's largest e-mail service provider, is planning to lauch a notary mail service in August in an attempt to stave off the challenge of social media services and increase its appeal to young Internet users.
Tmall.com, the business-to-consumer platform owned by Alibaba Group Holding Ltd, rolled out a financing service on Wednesday to help car purchasers in China get unsecured loans of up to 60,000 yuan ($9,606).
Dagong Global Credit Rating Co Ltd has made its debut in Latin America's sovereign credit rating market, underscoring the growing need for risk ratings following a rush of Chinese investors in recent years.
A meat supplier's practice of selling expired chicken and beef to top fast-food chains in China has highlighted loopholes in ensuring quality and safety in the food supply chain in the country, pushing companies to be more proactive in auditing and testing, experts said.
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Raymond Zhou
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Chen Weihua
