Business - Chinadaily.com.cn

Business

Newly merged giant DNV GL powers ahead in China

[2014-09-17 08:42]

As the company made from the merger of Norway's Det Norske Veritas and Germanischer Lloyd, the world's largest risk management company DNV GL will further broaden its China service portfolio especially in the fields of maritime, oil and gas, energy industries and management certification business over the years to come, it said in a statement.

Shanghai enters Asia gold race

[2014-09-17 08:42]

China will launch its international gold exchange 11 days ahead of schedule, sources said on Tuesday, as the nation races to establish an Asian bullion benchmark at the same time as rival Singapore is forced to delay its gold contract due to technical issues.

China Offshore Oil Engineering eyes more revenue from abroad by 2015, executive says

[2014-09-17 08:42]

China Offshore Oil Engineering (Qingdao) Co Ltd, a unit of crude and gas producer CNOOC Ltd, is looking to increase its revenue from overseas markets to around 70 percent by 2015 from the present 27 percent, a top company official said on Tuesday.

Toyota officials appearing on NDRC's radar

[2014-09-17 08:42]

The National Development and Reform Commission, China's price regulator, has summoned executives from Toyota Motor Corp for questioning over pricing policies and practices for spare and replacement parts in its luxury Lexus division, people with direct knowledge of the matter said.

Regional ties to enter 'diamond decade'

[2014-09-17 08:42]

China upped its commitment to strengthen ties with the Association of Southeast Asian Nations, seeking to bring bilateral relations into a new "diamond decade".

Higher demand lifts Pearl Delta exports

[2014-09-17 08:42]

Business continued to improve for small and medium-sized exporters in the Pearl River Delta in August, lifted by increased overseas demand and government policies to support foreign trade, a report said on Tuesday.

Equities slide as liquidity concerns mount

[2014-09-17 08:42]

Share prices on the mainland tumbled on Tuesday, sending the benchmark index to the biggest drop since March, after foreign direct investment sank to a four-year low and investors speculated that new share sales would divert funds.

Textile firms get ready for sustainable development

[2014-09-17 08:42]

Many labor-intensive manufacturing industries in China have declined with the country's economic slowdown. But China's textile and apparel industry is determined to resist the trend by becoming more efficient, innovative and environmentally friendly, according to the industry's 2013-2014 social responsibility report.

Novartis to tackle climate change with Sichuan tree planting project

[2014-09-17 08:42]

Markus Lehni travels at least once a year from Switzerland to Southwest China's Sichuan province to check on the millions of trees his company planted in remote mountain regions as part of reforestation projects that started four years ago.

Private firms more diligent in CSR activities

[2014-09-17 08:42]

Private enterprises from China have made significant advances in generating economic value and toward philanthropy, said a report on the corporate social responsibility accomplishments of such enterprises.

IN BRIEF (Page 18)

[2014-09-17 08:42]

Cathay Pacific Airways and the Hong Kong Committee for The United Nations Children's Fund raised HK$13.1 million ($1.69 million) last year through "Change for Good", the airline's in-flight fundraising program that collect donations from passengers.

Ma touts tower of 'BABA' in HK

[2014-09-16 09:09]

Jack Ma, founder and executive chairman of Alibaba Group Holding Ltd, made an unscheduled appearance at the company's roadshow in Hong Kong on Monday, although there was little need to woo the big Hong Kong investors that have allocated huge sums to subscribe to the e-commerce company's initial public offering.