COMAC gets orders for 100 of C919 jumbo jets

2010-11-16 15:00:32

Commercial Aircraft Corporation of China Ltd (COMAC) said Tuesday it has struck deals to build 100 of its self-developed C919 jumbo jets for sale to Air China and five other domestic and overseas airline companies.

China Gold International to raise $250-300m

2010-11-16 14:58:56

China Gold International Resources Corp Ltd on Monday said it will raise $250-$300 million through a global offering and intends to list on the Hong Kong Stock Exchange.

Study on coal-to-olefins business launched

2010-11-16 13:36:57

China National Chemical Information Center (CNCIC) and London-based chemical consulting firm Tecnon OrbiChem said on Monday that they will partner on a new study of the methanol-to-olefins (MTO) business using coal as a feedstock.

China Sunergy profit beats, says demand improving

2010-11-16 13:24:01

China Sunergy Co Ltd's third-quarter profit doubled, beating estimates, and the solar cell maker said it would expand capacity to cash in on growing demand, sending its shares up 8 percent.

Tougher times ahead for Shanghai hotels

2010-11-16 11:00:58

With the end of the Shanghai Expo, some budget hotels near the site are also likely to close shop within the next two years.

Increasing costs worry business managers

2010-11-16 10:18:50

Nearly three-quarters of Chinese entrepreneurs considered the rising costs of labor and raw materials as their biggest challenge both at present and in the future, according to a survey among more than 4,000 managers.

Commercial airliner set to take on industry giants

2010-11-16 09:08:40

The official unveiling of the C919 prototype, China's first large commercial airliner, on Monday has enhanced the nation's ability to compete with the industry's giants, Boeing and Airbus, in the global aviation market.
China needs more than 3,750 jumbo jets by 2029
Aviation industry gains momentum in 11th Five-Year Plan Aviation sector set for takeoff

General aviation to be trillion-yuan sector

2010-11-15 16:21:48

China's general aviation industry eventually will be worth more than 1 trillion yuan ($150.6 billion) with the continued easing of air space restrictions on low-altitude flights, the Beijing News reported Monday.

Shanghai metro to install high-tech communications

2010-11-15 15:13:32

The communication-based train control technology (CBTC) is to be used on Shanghai metro line 11 beginning November 16 following a ten month trial in this East China metropolis.

Chinese company Hanlong gets $1.5b for overseas expansion

2010-11-15 10:34:49

Hanlong, which has made a string of foreign investments since 2009, signed a cooperation agreement with the Export-Import Bank of China Saturday which would provide Hanlong with loans of up to $1.5 billion.

Games developer plans to double workforce in China

2010-11-13 11:00:32

Shanghai-based Spicy Horse Games, a content developer for Electronic Arts Inc, aims to double its workforce as it looks to tap the online games market in China, the world's largest by users.

Jade jewelry maker eyes global market

2010-11-13 10:30:31

Zhaoyi Jade is looking to tap into the international market in a bid to prove that Chinese luxury brands can find favor with overseas consumers.