Home appliance retail sales slow in April
2011-05-28 13:31:02
China's biggest home appliance retailers reported slower growth in April, with a year-on-year increase of 18.5 percent, according to the Ministry of Industry and Information Technology (MIIT).
Petrochemical sector eyes 10% annual growth
2011-05-28 13:19:40
China's petrochemical sector plans to have 10 percent annual growth in output value in the five years to 2015, the Shanghai Securities News reported Saturday.
CDB to buy stakes in TPG
2011-05-28 11:30:47
The China Development Bank (CDB), one of China's three policy banks, said on Friday that the China Development Bank Capital Co Ltd, a wholly-owned subsidiary of the CDB, is planning to buy a minority stake in a leading US private equity fund, TPG Capital.
China's art market up 41% in 2010
2011-05-28 11:23:52
China's art sales reached 169.4 billion yuan ($26 billion) last year, up 41 percent from 2009, according to an annual report on the art market.
Chery Auto to set up plant in Myanmar
2011-05-28 10:58:42
Chery Automobile Co Ltd is planning to set up a car assembly plant in Myanmar, the company said Friday.
Harsher punishment on food safety crimes
2011-05-28 10:57:18
The country's courts have been ordered to impose even harsher punishments for food safety crimes and work-related crimes concerning food safety.
Venture capital, private equity mark the future
2011-05-28 10:39:33
Individual investors in Wenzhou have realized that they should look at developing industries, such as renewable power, to seek better opportunities.
China the 'most likely' to keep growing
2011-05-28 10:37:36
China ranks 1st among 22 emerging Asian economies as the country most likely to maintain steady and rapid growth over the next 5 years, according to an index by Bloomberg.
Shanghai, US to set int'l board rules
2011-05-28 10:29:34
The valuations of the IPOs of foreign firms on China's international board are likely to be similar to the level in the markets in which they are already listed, said Duncan Niederauer, chief executive officer of NYSE Euronext on Friday.
Bocom looks to lure workers with higher pay
2011-05-28 10:24:46
Bocom International Holdings Ltd, the overseas securities unit of China's fifth-largest lender, plans to hire staff from foreign rivals to help it reach a target of doubling investment banking revenue this year.
Three Gorges Dam's power is seeping away
2011-05-28 10:18:41
The Three Gorges Dam, the world's largest hydropower project, might lose the battle against the worst drought to hit Central China in 50 years if no rains fall by mid-June.
China's demand for gold to keep rising
2011-05-28 09:48:26
Chinese demand for gold bars and coins as private investments could push bullion imports above 400 tonnes in 2011, the leading global consultancy GFMS said on Friday.