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Hospitality

Up, up, Huawei finds new friends in Europe nations

[2013-09-30 07:05]

The Chinese telecommunications company's fortunes continue to rise globally

FTZ is testing ground for nation

[2013-09-30 07:05]

Shanghai area throws up questions that apply well beyond its boundaries

Reform of public finances is a must

[2013-09-30 07:05]

Whether the US quantitative easing is to continue (and now the US Federal Reserve says it is), Chinese shares are most likely to experience a small high tide between now and the third plenary session of the Communist Party of China Central Committee scheduled for November.

Sovereign wealth fund must look long-term

[2013-09-30 07:05]

There are good reasons for the size of China's foreign reserves, which since 2000 have ballooned into the world's largest. Although China is the world's largest importer of soybeans and iron ore, the country's industrial processing, carried out mostly for large foreign multinationals by the huge, hard-working and skilful Chinese labor force, still dominates its foreign trade. This fact makes China's trade surplus quite insensitive to rises in the value of the yuan because of the large import content (of raw materials and components) in China's exports.

Zhanjiang's development plan relies on sea resources

[2013-09-28 07:39]

Leaders of Zhanjiang, a coastal city in the western part of Guangdong province, expect the sea to play an increasingly important role in the city's economic growth in the years ahead.

Coastal city draws tourists with a week-long festival

[2013-09-28 07:39]

A seven-day festival focusing on marine culture, blue economy, the navy and coastal tourism will kick off in Zhanjiang, a harbor city in the west of Guangdong province, on Sept 29.

Ocean week to highlight themes of marine life

[2013-09-28 07:39]

Exhibitions, foods and music will be the highlights of events in Zhanjiang during the National Holiday.

Deals worth billions signed at global convention

[2013-09-27 07:08]

A total of 241 business deals worthy of 132 billion yuan ($21.56 billion) were signed during the 12th World Chinese Entrepreneurs Convention, or known as WCEC for short, which was finished on Thursday in Chengdu, Sichuan province.

Biomedicine taking off in transnational tech industrial park

[2013-09-27 07:08]

Chengdu is set to become a biomedicine center in western China now that international developers are recognizing the city's growing appeal to international players.

VW mulls bigger stake in JV

[2013-09-26 07:13]

Germany-based auto conglomerate Volkswagen AG may take a larger stake in its Chinese joint venture with local partner FAW Group Corp, the head of VW in China said.

Shuanghui wraps up Smithfield deal, China's largest US takeover

[2013-09-26 07:13]

Calling it a "great transaction" for shareholders, United States farmers and agriculture, Smithfield Foods Inc Chief Executive Officer Larry Pope announced that shareholders had approved the pork giant's acquisition by Shuanghui International Holdings Ltd, the biggest Chinese takeover ever of a US company.

Break up of State oil monopoly?

[2013-09-26 07:13]

Industry experts suggested that China should establish a separate and independent company to operate the oil wholesale business and manage the supply to retailers, to break up the de facto monopoly of the three State-owned large oil companies, especially the two onshore oil giants.

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