Property developer bullish on sales

The revenue of some leading Chinese real estate companies will hit 500 billion yuan ($72.5 billion) this year - and the industry will be further consolidated as competition intensifies, a research report said on Thursday.

Tile company set for US production lines

Guangdong Wonderful Ceramics Co, a leading ceramic tiles producer in China, has become the first Chinese company in this sector to invest abroad, with a $172 million project under way in Tennessee in the United States.

Unicom posts lower profit, sales

HONG KONG - State-owned China Unicom Hong Kong Ltd reported a drop in revenue and profit for 2016 due to a huge investment in 4G and broadband network infrastructure, amid fierce competition among domestic telecom heavyweights.

CFHI turns corner after tough times

Shanghai-listed China First Heavy Industries announced that its sales reached 990 million yuan ($143.66 million) in the first two months of this year, which may help the company avoid the risk of delisting.

Green bonds nurture Asian growth shoots $32 billion

Asia is expected to issue a total of $60 billion worth of green bonds in 2017 and China, as one of the major issuers, will serve as a main driving force for the region's future growth, according to a report from Bloomberg Green Bond Database.

Pension funds to have low exposure to share markets

Pension fund investments will have a relatively low exposure to the stock market to ensure the safety of the funds, the chairman of the National Council for Social Security Fund, Lou Jiwei, said on Wednesday.

Nuclear unit goes online at Yangjiang

China's first nuclear unit constructed after the 2011 Fukushima accident in Japan was put into operation on Wednesday, after 168 hours of test operation, according to China General Nuclear Power Corp, the country's largest nuclear operator.

Tougher move on capital market fraud

BEIJING - As World Consumer Rights Day arrived on Wednesday, China continued its move to crackdown on capital market fraud.

Company lights up locals' lives

China Three Gorges Corporation, builder and operator of the world's largest hydroelectric power project - the Three Gorges Dam, has provided more than 7,000 households with a total of 2,431 kilowatts of power from its photovoltaic energy system in Haixi Mongolian autonomous prefecture in Qinghai province for the past three years - a region that has electricity shortages for decades.

US agribusiness launches charity campaign

Cargill Inc, the US-based agricultural and industrial conglomerate, partnering with Heifer International, has launched a program aimed at improving the lives of more than 450 smallholder farmers in Qingshen county in Southwest China's Sichuan province.

Fosun chief: Boost internet access in the countryside

China's top legislators and political advisors have called for tailor-made poverty alleviation policies and measures as the annual meetings of the National People's Congress and the Chinese People's Political Consultative Conference end.

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