China / Economy

Volvo group eyes 50% of Asian truck business

[2013-12-10 21:41]

Volvo Group of Sweden said it is eyeing 50 percent growth of its truck business in Asian countries after it launched a new heavy-duty UD truck range with Dongfeng on Tuesday to venture into the mid- to high-end truck segment in China.

Trade organizations to open cross-Strait offices

[2013-12-10 21:21]

Two non-governmental economic and trade organizations across the Taiwan Straits are expected to set up offices on each other's side, negotiators from the Chinese mainland and Taiwan announced on Tuesday. to run its business in Shanghai FTZ

[2013-12-10 21:14], a Chinese online supermarket controlled by Wal-Mart Stores Inc, announced on Tuesday that it has gained approval to run its e-commerce business in Shanghai Free Trade Zone.

China's economy to maintain growth: think tank

[2013-12-10 19:55]

A major government think tank on Tuesday predicted "a stable growth with medium and high-speed" for China's economy in 2014, but said that high local government debt, employment and environmental issues still challenge the country's development.

PepsiCo's strategy wins market share

[2013-12-10 17:11]

PepsiCo entered the China market more than 30 years ago, and has turned from a newcomer to a major player in the country's consumer market. Flush with recent successes from its strong strategy, the international food and beverage conglomerate is confident of business prospects in the world's second largest economy.

Central economic work conferences in recent years

[2013-12-10 10:58]

A review of the central economic work conferences held in the previous five years.

China opens key economic meeting

[2013-12-10 10:39]

China's Central Economic Work Conference opened on Tuesday to review the country's economic work in 2013 and map out economic plans for 2014.

Chance to roll out reforms

[2013-12-10 01:14]

The better-than-expected growth figures in November may have spared Chinese policymakers the trouble of delaying long-term reforms.

Alibaba, Haier form logistics JV

[2013-12-10 01:14]

E-commerce giant Alibaba signed a deal on Monday with home appliance maker Haier to form a joint venture to build a logistics network.

'Significant movement' is nearing in reform

[2013-12-10 00:59]

China watchers should expect "significant movement" from the government in the next six months as the country begins implementing planned reforms detailed in the Third Plenum document, an American expert has said.

Central bank OKs sales of interbank CDs

[2013-12-10 00:59]

China has taken a giant step toward freeing interest rates, with the central bank introducing a new instrument to the interbank market, which lets the market set the rates.

Frenzy of interest in subsidized homes project

[2013-12-10 00:52]

More than 100,000 Beijing residents — and rising — are trying to get their hands on a government-subsidized, affordable housing unit from the capital's first owner-occupier commercial property project.

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