Origin Energy Ltd, the Sydney-based energy producer and retailer, has received expressions of interest from at least five Chinese suitors for the sale of its Australian Stockyard Hill wind farm project, company sources said.
Guangzhou-based automaker GAC Motor Co Ltd on Wednesday began major renovations of its assembly plant in Hangzhou, capital of Zhejiang province, in a push to expand production capacity following substantial sales growth.
China Evergrande, one of the Chinese mainland's top two real estate companies, has decided to sell all of its non-core businesses in the grain and oil, dairy products and spring water sectors for the aggregate price of 2.7 billion yuan ($409 million), in order to put more focus on its property development business, as mainland house prices are going wild recently.
China stocks weakened on Wednesday despite strength in property shares, with thin trading indicating investors' reluctance to participate days ahead of the weeklong National Day holiday that starts on Oct 1.
China's wealthy are flocking to investment products that buy bank-issued securities and soup up returns using leverage. That is, they use borrowed funds to buy additional securities. If the securities end up with a higher rate of return than the borrowed funds, then the investment product can make high returns.
As a child growing up in a poor rural area in Jiangsu province, Chinese writer Xu Zechen had nothing to read but a magazine targeted at mature readers and a semimonthly on politics, both subscribed by his grandfather.
PepsiCo Greater China Region officially launched the "PepsiCo Nutrition In Action" program in China in late 2015, and donated funds and materials totaling 1 million yuan to China Foundation for Poverty Alleviation. It is providing nutritious meals and conducting educational activities on nutritional knowledge for schoolchildren in poor areas of Zhaotong, southwestern China's Yunnan province.
The Lancet, the leading medical research journal, is calling for positive social attitudes toward breast-feeding, stricter policy interventions and better regulation of the breast milk substitute industry to increase worldwide the practice for the health and economic benefits for women.
Luneng Group, a unit of State Grid Corp, the electricity transmission and distribution utility, said it will build amusement parks jointly with BBC Worldwide in China.
Qingdao-based Sino-German Ecopark, the only strategic cooperation park in China between the Chinese and German governments, has been pushing forward the standardization of energy-saving buildings domestically and internationally.
Financial analysts predict the mainland brokerage sector will remain positive despite a recent market sputter in which mainland financial institutions have had to lower their initial public offering target price.
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