New materials processing plant by Baosteel

2010-11-09 15:50:08

The Baosteel Group plans to build a medium and high-end magnetic materials processing plant in the city of Haimen, Jiangsu province, China Business News quoted the company as saying last Friday.

China COSCO chairman sees freight recovery in 3-5 years

2010-11-09 14:52:06

The head of China COSCO, the world's largest dry bulk firm, expected the global freight market to recover in three to five years.

Riding on the crest of a wave

2010-11-09 14:08:19

One of the world's most expensive yachts, the Hatteras 105 - which carries a price tag of 150 million yuan ($22.54 million) - will soon cruise in Chinese waters, Brunswick Boat Group, the world's largest yacht producer and owner of the Hatteras brand, said on Monday.

Biopharmaceutical firms told better quality control holds key to global growth

2010-11-09 13:29:21

China's biopharmaceutical industry needs to tighten quality control measures and maintain its own standards to overcome barriers in overseas markets as well as secure an emerging domestic one, officials have said.

CCTV ad auction draws record bids

2010-11-09 10:09:52

It is the time of year again when Chinese and multinational entrepreneurs flock to China Central Television (CCTV), pledging billions of yuan to advertise on this powerful platform.

Security firm sees sales increase after school incidents

2010-11-06 10:23:49

Security products maker Huadun Technology has seen its sales increase more than seven-fold after a string of fatal incidents at schools earlier this year prompted a nationwide initiative to boost security levels.

Metal miner targets US for investments

2010-11-05 15:47:38

China Nonferrous Metal Mining (Group) Co Ltd, the country's major metal miner, will launch an investment project in the United States in the first half of next year, marking its expansion into the world's largest economy.

Battle of the beers comes to a head

2010-11-05 14:16:22

Trouble brews as Yanjing asserts its territory, some Snow beer sellers claim

China Southern to buy 36 Airbus planes for $3.78b

2010-11-05 09:28:53

China Southern, the country's largest airline, announced on Thursday that it had agreed to purchase 36 Airbus planes for $3.78 billion from Airbus SNC, based in French city Toulouse.

New World taps new cities

2010-11-04 16:01:37

Hong Kong-headquartered New World Hotel Group will spend around $770 million in the Chinese mainland to fuel its rapid expansion, the company's vice-president Zheng Zhiwen said on Wednesday.

China Southern Airlines officially joins SkyTeam Cargo

2010-11-04 11:07:39

China Southern Airlines signed the Cargo Alliance Adherence Agreement with the SkyTeam Cargo alliance on Wednesday and became the eighth member of SkyTeam.

SMIC posts 1st operating profit in 4 yrs

2010-11-03 16:18:37

Semiconductor International Manufacturing Corp reported its first operating profit in four years, banking on a strong global market and efficiency-improving measures under a year-old new management team, Reuters reported on Wednesday.