Tax preferences for SMEs to continue
2011-02-16 10:46:57
A small business in China only needs to pay half of income tax if the amount of its due tax is 30,000 yuan ($4,550) or lower annually, according to a policy announced Tuesday.
China Mobile seeks partners abroad
2011-02-16 10:35:07
China Mobile Ltd, the world's biggest phone carrier by market value, said it's seeking partners to bid for network licenses overseas to share the risks of global expansion.
Steelmakers raise prices again
2011-02-16 09:36:09
China's major steelmakers raised prices for a third straight month as downstream demand became stronger and raw material prices continued to rise.
Baosteel raises March product prices
2011-02-15 11:10:29
China's top listed steelmaker Baoshan Iron and Steel (Baosteel) will raise its main product prices for March bookings by around 300 yuan ($45.5) a ton, the Reuters reported Tuesday, citing steel consultancy Custeel.com.
Sinovel prepares to unveil China's first 6mW wind turbine
2011-02-14 17:00:07
Sinovel Wind Group Co, China's largest wind power generator manufacturer, announced Monday it will finish production of the country's first independently-developed 6-megawatt wind turbine in June.
ZTE aims for 5-fold smartphone sales growth in 2011
2011-02-14 13:23:47
China's ZTE Corp aims to grow its cell phone sales 30 percent to 40 percent this year, on par with last year, Bloomberg News reported Monday, citing a senior official.
Tailor sews up new career
2011-02-11 11:13:12
Setting up a tailoring business in a neighboring village had only been meant as a way to get away from fierce competition. Instead it thrust Hu Haixia into the spotlight as a tailor to the stars, while even sewing up an occasional film role for her.
Wanhua Industrial turns gaze to Europe
2011-02-11 10:45:49
Wanhua Industrial Group Co Ltd consolidated its global footprint by purchasing a 96 percent stake in the Hungarian isocyanate producer BorsodChem Zrt, according to an announcement on Thursday by Shanghai-listed Yantai Wanhua Polyurethanes Co Ltd, a wholly owned subsidiary of Wanhua Industrial.
Vanke expects dreary month
2011-02-11 10:28:42
China Vanke Co, the country's biggest developer, said it expects a "sharp" drop in sales this month after revenue in January more than tripled to a record 20.1 billion yuan ($3 billion).
Bright Dairy denies yogurt bid talk
2011-02-11 09:45:18
Bright Dairy & Food Co, China's third-biggest dairy company by sales, denied that it is bidding for a stake in a French yogurt maker.
Hunan Corun's battery purchase
2011-02-10 13:24:25
Hunan Corun New Energy Co Ltd said on Wednesday that it has agreed to purchase a division of Panasonic Corp that produces automotive nickel-hydride batteries for 502.4 million yen, or 40 million yuan ($6 million).
Shanghai SOEs sell off assets totaling 11b yuan
2011-02-10 13:15:14
State-owned enterprises (SOEs) in Shanghai sold off 11 billion yuan ($1.67 billion) in assets and equities on the property-rights market in 2010, as the city stepped up efforts to improve efficiency and eliminate business overlaps among SOEs.