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Urbanization to boost spending

A new wave of urbanization could spark the consumption and investment needed to address China's complex economic situation, the nation's top economic planner said on Wednesday.

Mills' managers fall in anti-corruption drive

Moves by the Chinese government to raise the steel industry's competitiveness by wiping out corruption have brought several senior officials under investigation.

China Railway Group to sign $390 million Russian contract

China Railway Group Ltd expects to sign the country's first overseas high-speed railway contract by the end of May. This will pave the way for Chinese construction and rolling stock companies to bid for follow-up projects.

ThyssenKrupp plans further growth in China

Global steel giant ThyssenKrupp Group has chalked out an ambitious expansion plan in China with an eye on the nation's fast-growing automobile market.

Steel product faces EU dumping duties

The European Union will impose anti-dumping duties from Thursday on imports of a grade of electrical steel from China, Japan, Russia, South Korea and the United States.

Social security funds to get a leg up from SOEs

Enterprises would have to pay more to bridge rising income-expenditure gap, say experts

Foreign reserves show a record decline in Q1

Foreign exchange reserves held by China fell by a record $79.5 billion in the first quarter of the year from the last quarter in 2014.

CSR sets up UK R&D center

The nation's largest maker of rolling stock, CSR Corp Ltd, said on Tuesday that it will set up a joint research and development center with three universities in the United Kingdom to support its "going global" strategy.

Shenzhen set to steal Hong Kong's thunder

Pioneer city in Guangdong reinvents itself with innovation, technology and a young population, reports Bloomberg.