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Auto sales expected to get back in gear

2011-06-21 10:22:43

Although China's automobile market is facing challenges such as the first year-on-year sales drop in April since 2009, Kevin Wale of General Motors China is optimistic about the industry's future in the country.

Pork, pig prices sail past '08 record

2011-06-21 10:10:52

The prices of pork and live pigs climbed higher than the record set in 2008 and will continue their rising momentum to the end of the year, analysts said.

Comac seals deal with engine maker

2011-06-21 09:50:31

Commercial Aircraft Corporation of China Ltd (Comac) signed a contract on Monday with CFM International, making the engine maker the sole overseas supplier for its C919 passenger plane's propulsion system.

China's rich swoop on homes overseas

2011-06-21 09:39:11

An increasing number of China's rich are snapping up properties overseas in the expectation that domestic inflation will continue to rise after the consumer price index reached a 34-month high in May.

Gas officials still optimistic

2011-06-21 09:25:29

Despite China and Russia's failure last week to finalize a deal on pipeline gas supplies, officials and experts on both sides remain optimistic.

Debate: High-speed trains

2011-06-20 17:36:25

Is the plan to extend high-speed railways to the western region a wise move? One scholar says it is, but another differs totally.

China's software industry faces tectonic shift

2011-06-20 17:30:17

The golden age for the software and outsourcing industry is over, and Chinese companies must overcome a number of hurdles as they face a major shift as the industry goes from selling software products to selling services.

Taxes slashed to cut emissions

2011-06-20 17:04:48

Electric vehicles will be exempt from annual taxes starting from Jan 1 next year, according to a draft regulation by China's State Council.

Steel prices drop on low demand

2011-06-20 17:04:34

China's steel prices declined nationwide last week, people.com.cn reported Monday, citing Xiben New Line Stock Co Ltd, a domestic steel spot trading platform.

Geely head has major investment in lithium

2011-06-20 17:04:03

In a move insiders see as groundwork for new energy vehicles and batteries, the chairman and largest shareholder of automaker Geely has personally invested in the Australian lithium compound company Galaxy Resources.

China stock index futures close down -- June 20

2011-06-20 17:00:49

China's stock index futures closed down on Monday with the contract for July, the most actively traded, down 25.6 points, or 0.88 percent, from the previous day to 2,883.6.

ChiNext Index closes down -- June 20

2011-06-20 17:00:14

The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, fell 10.88 points, or 1.36 percent to 791.76 on Monday.

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