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Service outsourcing industry robust in China, boosts employment
"The income of China's software industry, which software outsourcing takes a major part, has been growing by 38 percent annually and its revenue is expected to top one trillion yuan in 2010," said Hu Kunshan, vice chairman of China Software Industry Association.

S Korea's STX to launch holding company in China
South Korean business conglomerate STX Group said Tuesday it plans to set up a holding company in northeastern China's Dalian city to control its three Chinese units.

Multi-brand strategy proves success for Chery
In November the sales of the Chery Automobile Co, China's largest homegrown carmaker, reached an all-time monthly record of 54,985 units, a surge of 141 percent over the same period last year and 25.8 percent higher than its sales in October.

Navy ship returns after 20-day visit
DALIAN: The Zheng He training ship of the Navy of People's Liberation Army that has 370 people on board returned to a naval base here yesterday after a 20-day visit to the Republic of Korea's Chinhae port and Japan's port of Kure.

Leaders wary over Asia coalition idea
In a slight pull back from the enthusiasm of creating an East Asian Community , politicians and scholars said such a coalition is a long-term ambition for China and Japan with a lengthy debate ahead on which nation should lead it.

US sets duties on China steel goods as cases mount
The United States said on Tuesday it set preliminary duties ranging from 2 percent to 438 percent on hundreds of millions of dollars of imported steel wire decking from China to offset government subsidies.

The 5th Bejing-Tokyo Forum wraps up
The 5th Beijing-Tokyo Forum, co-sponsored by China Daily and Japanese non-profit think tank Genron NPO, closed Tuesday morning in Dalian, Liaoning province.

Forum scene
Yasushi Akashi, former UN under-secretary-general, signs a poster marking the visit of former Japanese prime minister Tanaka Kakuei to China in 1972. Plus a professor reads China Daily at the forum.