China Railway Rolling Stock Corp Ltd started trading on the Shanghai and Hong Kong bourses on Monday, becoming the world's biggest rail conglomerate in terms of market value and sales.
Chinese shares rose to the highest level in seven years in volatile trade as bets that MSCI Inc will include mainland shares in its indexes overshadowed weaker shipments data. The ChiNext index of smaller and startup companies tumbled 4.67 percent to close at 3,704.55 points.
Retail fuel prices will be reduced slightly on Tuesday following three successive rises, reflecting a glut of crude oil.
Negotiations between China and the United States on the proposed Bilateral Investment Treaty are at a crucial juncture, as the two sides deliberate on the negative lists, a former US government official said.
The safety and security service industry seems to be one sector that has been affected the least by the global economic climate, because no matter how the economy changes, there is always a demand for effective security systems amid growing terrorist activities.
To have a haircut in a beauty salon in Beijing used to be a very enjoyable experience. For the equivalent of $10-15, you'd be pampered by a stylish cut with wash and blow-dry, and soothed by a shoulder massage.
"We expect further supportive real estate policies to be launched by local governments. Some provinces, including Anhui and Gansu, have already released a series of measures to stimulate the local property markets, which have lowered the cost of buying houses and improved the cities' attractiveness to rural residents and migrant workers."
Tumbling prices have left the traditional Chinese medicine industry in poor health. Finding the cure will not be easy. Oversupply, poor planning and increased competition threaten to send the sector into a summer slump.
A government-backed drive toward e-commerce can help open up the agricultural sector and generate a rapid in-crease in incomes for farmers.
China has long controlled its staple grain import quota to ensure food security. But the nation's agricultural sector is welcoming high-end farming products from Europe.
It is not exactly an online craze, but it could be one day. City folk, yearning to own a piece of land to grow their own crops, are signing up to an Internet site that guarantees deliveries of farm-produced products.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
