Though the fast-moving consumer goods market has witnessed slower growth this year, the snack food segment has managed to buck the trend with good growth rates.
China is the new El Dorado for US automakers looking to develop sales of their luxury brands, which globally are lagging behind German and Japanese competitors.
Thanksgiving in the United States is often associated with cranberries as more than 20 percent of the red berry consumption takes place during the holiday. But what seems to have really excited cranberry growers in the US during this Thanksgiving is the arrival of the much-anticipated certificate that will significantly boost the red berry exports to China, where demand is growing steadily.
China will maintain a prudent monetary policy and use various measures to increase money supply, a central bank official said on Thursday.
Industrial companies' profits fell 2.1 percent year-on-year in October, the steepest decline since September 2012, the National Bureau of Statistics announced on Thursday.
The largest nuclear plant operator by installed capacity in China, CGN Power Co Ltd, launched its Hong Kong initial public offering on Thursday, a sign that the race for new nuclear power plant construction is heating up in the world's fastest-growing nuclear market.
Tibet autonomous region is aiming to attract new investment into its natural water industry to boost sales nationally and overseas and make the sector one of its economic growth engines.
Financial losses caused by cybercrime have soared in China and across the world this year, caused mainly by a lack of security strategies by many companies, according to global accounting firm PricewaterhouseCoopers LLP.
Transformation and upgrading are the buzzwords in the jewelry industry in Guangzhou's Panyu district, a key center of China's diamond industry, as exports falter and costs rise.
Equities in the Chinese mainland rose for a fifth day on Wednesday as financial companies rallied on hopes that an interest rate cut will boost earnings, while industrial shares gained on prospects for increased investment.
China has levied about $137 million in back taxes on Microsoft Corp in the first major case concerning cross-border tax evasion in the country.
Chow Tai Fook Jewelry Group Ltd plans to open new stores outside its main markets of Hong Kong and the Chinese mainland, as it chases new customers.
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Raymond Zhou
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Chen Weihua
