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China / Economy

China to amend laws for admin procedure cuts

[2013-12-23 19:47]

China's top legislature has started review of a motion to streamline business administration through changes to seven laws, exempting more items from central government approval.

Vanke to open its first shopping mall

[2013-12-23 19:47]

The nation's largest real estate developer China Vanke Co Ltd will open its first shopping mall on Tuesday, as part of its efforts to diversify its business.

JD.com reports profit for first three quarters

[2013-12-23 19:46]

JD.com, China's second-largest B2C online platform by market share, made a profit in the first three quarters of the year, the company's chief executive officer said on Monday.

Jackie Chan's Int'l Stunt Park settles in Tianjin

[2013-12-23 19:02]

Shanghai-based Greenland Group signed a deal with kung fu star Jackie Chan and his stunt team to develop an international stunt park in Jixian, Tianjin.

China to issue first virtual telecom licenses

[2013-12-23 19:00]

China is set to hand out the first batch of virtual telecom operator licenses before the end of this year, the director of the industry watchdog said on Monday.

Shunfeng settles Wuxi dues

[2013-12-23 17:33]

Chinese solar panel maker Shunfeng Photovoltaic Technology Co Ltd said on Friday that its biggest shareholder Cheng Kin-ming, has paid the remaining 2.5 billion yuan ($412 million) needed to fully acquire the Chinese unit of Suntech.

Cold weather lessens Yunnan coffee harvest

[2013-12-23 17:20]

It is estimated that more than 20,000 hectares of coffee farmland in Yunnan province was affected by low temperatures in mid-December, leading to no harvest from more than 3,300 hectares.

GM corn rejection unlikely to hurt market

[2013-12-23 00:43]

China's rejection of US corn that contains an unapproved genetically modified strain is unlikely to cause major price fluctuations in the domestic or US markets, analysts said.

IPR courts 'would be helpful'

[2013-12-23 00:14]

China is moving in the right direction by pledging to set up dedicated courts for intellectual property rights cases, a United Nations official said.

Illegal trading threatens China's rare earth industry

[2013-12-22 21:30]

The recent crackdown on a major rare earth smuggling case has again raised concerns about China's illegal rare earth mining and trading.

38b in lock-up shares eligible for trade in China

[2013-12-22 21:18]

Lock-up shares worth 37.5 billion yuan (6.13 billion US dollars) will become eligible for trade next week on the Chinese mainland.

FDI enters new structural era

[2013-12-21 02:07]

China's share of FDI inflow into the manufacturing and real estate sectors declined, while that into the finance and R&D sectors went up this year.

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