China / Economy

China still leads world in shipbuilding

[2013-12-03 20:40]

China still holds the lead in the global shipbuilding industry, with the most completed orders, newly received orders and ongoing orders.

China to simplify approval for foreign investment

[2013-12-03 20:29]

China will simplify its foreign investment approval process in order to introduce a registration-based system for foreign investment projects, an official with the country's top economic planner said Tuesday.

E-commerce to account for 7.8% of retail sales

[2013-12-03 19:57]

China’s online shopping is expected to account for 7.8 percent of the nation’s total retail sales of consumer goods this year.

Costs of TV sets to continue dropping

[2013-12-03 19:49]

The cost of television sets made in China is expected to go down, as more domestic liquid crystal displays will hit the market next year.

China challenges US on anti-dumping cases

[2013-12-03 19:31]

China on Tuesday requested a consultation with the US at the WTO regarding alleged misconduct by the US in 13 anti-dumping measures in recent years.

ABC issues yuan bonds in Taiwan

[2013-12-03 18:03]

The Agricultural Bank of China (ABC) said Tuesday it has issued 1.5 billion yuan ($246 million) in yuan-denominated bonds in Taiwan, making it the first mainland bank to issue yuan bonds in the island.

Door opens to offshore accounts in trade zone

[2013-12-03 00:05]

The central bank said it will permit businesses and individuals to open offshore accounts in the China (Shanghai) Pilot Free Trade Zone.

ThyssenKrupp sinks $24.6m into Chengdu auto industry

[2013-12-02 21:57]

ThyssenKrupp AG, a diversified industrial group based in Germany, has opened an automotive supply plant in China with investment of 150 million yuan ($24.6 million), aimed at the country’s growing auto industry.

CITIC Pacific sends iron ore from Australia

[2013-12-02 21:57]

CITIC Pacific’s first shipment of iron ore has set sail from the company’s $8 billion Sino Iron project in Western Australia.

CSR to build 30 light rail trains for Malaysia

[2013-12-02 21:21]

CSR Zhuzhou Electric Locomotive Co, a public transport vehicle manufacturer based in central China, has won the bid to build 30 light rail trains for Malaysia.

CFA to work with 3 overseas financial agencies

[2013-12-02 20:19]

The China Futures Association (CFA) on Monday signed memorandums of understanding on cooperation with operators of the Hong Kong and Singapore stock exchanges, as well as the Swiss Futures and Options Association.

Boeing gets 1st China-made Dreamliner rudder

[2013-12-02 20:15]

The first Boeing 787-9 Dreamliner rudder manufactured entirely in China was delivered on Monday in Chengdu, Sichuan province.

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