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China / Business

Terrific warriors of high-tech Xi'an script exciting future

[2017-04-26 07:32]

The Xi'an High-tech Industries Development Zone is speeding up efforts to build itself into an international production base of high-tech industry in the next three to five years, senior officials said.

Firms raise the stakes in battle for innovation

[2017-04-25 06:49]

BEIJING - Su Tongqiang and his ceramics company in Shandong province have bid farewell to wafer-thin profit margins, making an extraordinary transformation thanks to the business dynamics of adding value.

Adient drives ahead to expand growth in non-automotive revenue

[2017-04-25 06:49]

China will play a key role in Adient's strategy of expanding its non-automotive revenue to $1 billion per annum by 2021, thanks to the country's ongoing transportation infrastructure development, said a senior executive of the company.

Dairy giant plans big investment

[2017-04-25 06:49]

Dutch global dairy giant Royal FrieslandCampina is bullish on the growth potential of the market in China and plans to expand its investments and develop more Chinese-catered dairy products.

Ofo chief says it can ride out bubble

[2017-04-25 06:49]

ZHENGZHOU-The co-founder of Ofo Inc, China's biggest bike-sharing startup, sees a bubble in the industry but says his multibillion dollar business has the scale needed to survive any bust.

TCL's Li urges Trump to approve his US technology acquisitions

[2017-04-25 06:49]

ZHENGZHOU - TCL Corp Chairman Li Dongsheng said the Chinese electronics giant is in the final stages of making an investment in a US technology company that would be worth as much as $300 million and urged President Donald Trump's administration to allow him to seal the deal.

Carrier sets goal of $1b investment

[2017-04-25 06:48]

China Telecommunications Corp said on Monday that it will invest more than $1 billion over the next three to five years to expand its presence in economies along the Belt and Road Initiative.

World Bank, AIIB pledge to deepen cooperation

[2017-04-25 06:48]

The World Bank Group and the China-led Asian Infrastructure Investment Bank signed an agreement on Sunday to strengthen cooperation and knowledge sharing between the two multilateral financial institutions.

Return of sanity

[2017-04-24 06:51]

Measures this year across China to rein in both speculative investments in the property sector and skyrocketing home prices appear to be "effective".

Second homes, second thoughts

[2017-04-24 06:51]

Homeowners who wish to upgrade to more spacious or better-located properties are among those most impacted by the recent tightening of China's home purchase rules.

Commercial-titled apartment sales hit

[2017-04-24 06:51]

In Beijing's Chaoyang district, Yue Shulin, 31, a real estate agent, has been "taking a break" for more than two weeks, the longest time he has ever been off work since starting his career in the industry in 2009.

Adjusting mix for higher exports

[2017-04-24 06:51]

By adapting its strategic plans to economies related to the Belt and Road Initiative, Taiyuan Heavy Industry Co Ltd, a heavy machine manufacturer, is confident of realizing its export target of 2 billion yuan ($289 million) this year, up from 1.36 billion yuan last year, according to its executives.

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