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A number of companies from Shenzhen, Hong Kong and Taiwan will relocate to Shanwei, an undeveloped city in the east of Guangdong province, an official said on Thursday.
If Peter Pun had put a bet on how large Shenzhen would grow, it's more likely than not he would have lost it.
Liaoning Provinceis feeling the pinch from the unfolding financial crisis, as weakening domestic and overseas demand led to falls in exports, industrial output, and housing sales.
Xinjiang Uygur Autonomous Region in northwest China has so far this year recorded a surge of 72.8 percent in its export despite the spreading global financial crisis, the regional foreign trade and economic cooperation bureau said on Thursday.
China has approved the establishment of a bonded area in southwestern Chongqing Municipality in an effort to boost the opening and development of central and western regions.
Construction of the country's largest nuclear power plant got under way on Tuesday.
Construction of major projects in a 50-billion-yuan energy cluster, one of the largest coal chemical bases in Asia, started on Monday in the Ningxia Hui autonomous region.
The country's high-tech economic zones have shown strong resilience to the global slowdown, a top government official said yesterday.
The Shanghai Customs on Monday reported that November saw the biggest monthly fall in foreign trade since 2001, as the effects of the global financial crisis continued to be felt.
The first mass-produced plug-in hybrid car in the world, manufactured by Chinese auto maker BYD, went on sale on Monday in the southern city of Shenzhen.
Undeterred by the current global economic crisis, Taiwan businesses will invest 20 billion yuan ($2.9 billion) in Tianjin, a top government official of the municipality said on Sunday.
China National Mineral Resource Committee disclosed Sunday that it found a major gas field with a proven reserve of 100 billion cubic meters in northern Xinjiang.