China's power demand will increase by 65 percent through 2050 from the current level, while its GDP is likely to grow by 225 percent, and the huge demand will create huge investment opportunities, said a new industry report.
SYDNEY - A zinc producer in Australia's far north is set to hire a workforce made up of 50 percent indigenous staff, after a landmark joint partnership agreement was reached with the local aboriginal community.
High-calorie biscuits, chocolate and candies are no longer as popular as they used to be. Quality-conscious young Chinese consumers are going for healthier snack food.
China's entertainment sector, which was on a roll last year, seems to have run into a rough patch judging by the lower-than-expected profit of top companies in the first half of this year.
China's shortened negative lists in the mining sector, and the lifting of restrictions on the exploration and development of petroleum and natural gas reserves, represent a rare opportunity that is likely to be utilized to the hilt by energy multinationals such as French oil giant Total, Anglo-Dutch behemoth Royal Dutch Shell, British heavyweight BP and international metals and mining company Eurasian Resources Group, industry experts said.
CHANGCHUN - Over six decades ago, China set up its first automobile manufacturer in the northeastern industrial city of Changchun as the country began to beef up its economy, and unveiled the nation's first domestically produced passenger car in 1958.
Rock rubbings, protection of wetlands along the Yellow River, participation in performing arts, craftwork, and opportunities to experience folk customs - these are some of the offerings coming the Chinese travelers' way, thanks to Qunar, an online travel firm.
Jason Juang, managing director of HP China, clearly remembers details of his first visit to the Chinese mainland 26 years ago.
NEW YORK - Russell Westbrook has been traded from the Oklahoma City Thunder to the Houston Rockets for Chris Paul and two first-round NBA draft picks, according to multiple reports on Thursday.
BIRMINGHAM, England - After a year of semifinal frustration for England soccer fans and players alike, the country is finally celebrating reaching the final of a major sporting tournament.
Like many others, C.T. Pan and Sung Kang had visions of an American dream after getting hooked on golf as kids.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
