Manufacturing labor costs in China will continue to rise steeply at 12 percent annually until 2020, according to a new report, but the wage increases will not be matched by similar rises in productivity, casting a shadow over the future competitiveness of the world's largest manufacturing base.
The European unit of China General Nuclear Power Corp is taking an 80 percent stake in three wind farms in the United Kingdom, where it hopes to expand in the renewable energy market.
A bank partly backed by Tencent Holdings Ltd has won approval to start operations, making the Shenzhen Qianhai Weizhong Bank the first of five new private lenders to start operations.
After exporting all its products to the Japanese market for eight years, Genseida Food Co Ltd started to sell domestically this year.
Hong Kong is likely to end this year as the world's second-largest market for initial public offerings after New York, thanks to several recent mega deals - but it is facing an uphill fight to lure newcomers in 2015, according to analysts.
More young people are being encouraged to take part in social enterprises, which is becoming an increasingly popular business model across China.
Every modern business idea is having to work hard to use the Internet to grow, but for some traditional sectors, adopting new technology can be confusing and potentially disruptive.
ITT Corp, the United States manufacturing conglomerate, has completed a two-month pilot education program in Beijing aimed at helping cultivate the city's next generation of top engineers.
Cash flow, struggling sales and high debt levels will continue to be the main issues facing Chinese property developers going into 2015, according to market analysts, who still fear that despite monetary easing policies by the People's Bank of China, many firms will continue to find problems raising funds.
Healthy interest from global institutional investors has given Dalian Wanda Commercial the much-needed leeway to fix the initial public offer price for its shares at the top end of the indicative range, capital market sources said on Tuesday.
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