A consortium led by Chinese and Indian railway companies has been chosen to conduct a feasibility study on a 1,200-kilometer high-speed railway line between New Delhi and Mumbai, indicating that Chinese railway firms are making rapid strides in the lucrative Indian market.
Carmaker may find the going tough in China after pollution-cheating scandal
China National Petroleum Corporation plans to attract private investment for part of its West-East gas pipeline business. The company is also planning to restructure its oil and gas-service company.
China National Offshore Oil Corporation, the country's largest offshore oil and gas producer, is forming a joint venture with a private company for deep-water oil exploitation and exploration, in what is being seen as a major step forward in its plans for a more mixed-ownership structure.
Most of the Japanese companies in China are willing to expand their operations, signaling improved business sentiment after a sharp contraction last year, a top Japanese trade official said on Wednesday.
Glass and ceramics maker Corning Inc said on Tuesday that it was open to new investments and acquisitions for growth, amid an economic slowdown in the world's second-largest market.
Low level of innovation is affecting the Chinese manufacturing industry's ability to grow from "big" to "strong", according to an industrial report released on Tuesday.
Call me old-fashioned - but I'm still one of those votaries of traditional manufacturing, yet to be swayed by the modern notion that 21st century economies are better fueled by a successful services industry.
The securities regulator is likely to intensify its crackdown on unregulated equity and commodities exchanges, after a 40 billion yuan ($6.25 billion) asset default at a rare metals exchange triggered widespread protests from investors.
Yantai Changyu Pioneer Wine Co Ltd, a leading Chinese wine producer, has stepped up its overseas moves with the acquisition of Marques del Atrio, a wine company in Spain.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
