The country's private oil refineries achieved an average 20 percent increase in profits last year, despite the 35 percent plunge in global oil prices, according to a leading industry analyst.
With FTAs with South Korea and Australia taking effect, Chinese firms seek to switch gears to compete globally
Last year, during the Nov 11 online shopping festival, Ma Long's e-store that sells imported Australian steak, netted a record 13.14 million yuan ($1.99 million) equivalent to beef from 5,000 cows.
The China Australia Free Trade Agreement, which took effect on Dec 20, promises to boost the dairy industry in both countries through fresh investments, tie-ups and joint ventures.
Zhubajie.com and Witmart.com hit pay dirt by doing an Alibaba in creative services
BASF director says the firm is coasting on its long history with China to industrial glory
The pull of the big city is irresistible for many, but making the big move can bring heartache
Homesickness puts some on road to success
ACPR50S can supply stable power, heat to islands, offshore projects, say sources
Despite China's cooling economy, the enthusiasm of the world's top 500 firms for setting up new business in the nation shows no signs of abating.
Adventure sports continue to be the top draw for young, wealthy Chinese entrepreneurs with a growing number of them preferring it over riding or sailing, a new report said.
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