CNOOC to explore the depths
2011-05-25 09:17:42
China has taken a step forward in its efforts to explore deep-water oil and gas, with the announcement that two advanced pieces of deep-water equipment capable of operating at depths of 3,000 meters are near completion.
Europe remains key for exporters
2011-05-25 09:10:40
The European Union (EU) will continue to be given top priority by Chinese exporters, but they are "much less confident" about selling products to developed customers such as North America, Japan and South Korea.
Foreign exchange rates in Hong Kong - May 24
2011-05-25 08:43:14
The following are foreign exchange rates against Hong Kong dollar released by the Bank of China (Hong Kong) Limited on Tuesday
Gold price closes higher in Hong Kong - May 24
2011-05-24 17:29:19
The gold price in Hong Kong closed up HK$102 at HK$14,120 per tael on Tuesday, according to the Chinese Gold and Silver Exchange Society.
Yunnan cultural market eyes overseas expansion
2011-05-24 17:18:36
Yunnan, a province of Southwest China noted for its high level of ethnic diversity, is eager to introduce its unique culture to the world by planning several cultural logistics centers and exhibition bases in the 12th Five-Year Plan period (2011-2015), a Kunming official said on Monday.
Chinese wind turbine maker signs deals in US
2011-05-24 16:45:34
Xinjiang Goldwind Science and Technology Co Ltd (Goldwind), a leading Chinese wind turbine maker, announced here Tuesday that it had signed deals with four large international component suppliers, including three in the United States.
Luxury goods industry rebounds
2011-05-24 16:45:12
The luxury goods industry has rebounded strongly after the sharp downturn of 2009, with analysts forecasting 2011 to be another record year, particularly for watchmakers, luxury hotels, fashion and leather goods groups.
Hong Kong stocks close up 0.09% - May 24
2011-05-24 16:31:40
Hong Kong stocks rose 19.76 points, or 0.09 percent, to close at 22,730.78 on Tuesday.
US sets more duties on wood flooring from China
2011-05-24 16:25:30
The US Commerce Department announced it had slapped preliminary anti-dumping duties on wood flooring worth over $100 million imported from China. The tariffs reached up to 83 percent of the price, China Business News reported Tuesday.
Beijing faces surplus of residential units
2011-05-24 16:07:42
Beijing's property market is leaning towards a buyer's market, meaning the supply is becoming larger than demand, Beijing Times reported Tuesday.
Board chairman of new IPO company commits suicide
2011-05-24 16:06:16
Gao Changqing, 68, board chairman of Zibo Wanchang Science and Technology Co Ltd, committed suicide on Monday, the next market day of his company's IPO, China Securities Journal reported on Tuesday, quoting a source with the local government.
Shenzhen stock indices close mixed -- May 24
2011-05-24 16:04:42
The Shenzhen Component Index on the Shenzhen Stock Exchange closed Tuesday at 11,749.92 points, up 7.74 points, or 0.07 percent.