Sinopec, CNPC urge changes to consumption tax
2011-05-03 10:36:25
Two of China's largest companies have apparently asked the government to temporarily lower or withdraw its levy on fuel oil consumption.
Baosteel to launch new project in S China
2011-05-03 10:02:14
Baoshan Iron & Steel Co Ltd (Baosteel), a market leader in carbon steel plates, is heading southward. The Shanghai-based steelmaker will launch a strategic project in Zhanjiang, Guangdong province, this year.
Huawei, ZTE trade lawsuits
2011-05-03 09:50:12
Right before Labor Day, when people are supposed to take a break, two of China's major telecom equipment makers were busy with lawsuits.
Haier Q1 net profit up 47.17%
2011-04-27 13:44:48
Haier Group, one of the world's leading white goods and home appliances makers, announced Wednesday that its first quarter net profit jumped 47.17 percent year-on-year to 531 million yuan ($81 million).
PetroChina official denies China Gas bid
2011-04-08 17:44:08
PetroChina Co Ltd, the world's second-biggest oil and gas producer by market value, is not considering a bid for natural gas distributor China Gas Holdings Ltd, Reuters reported Friday, citing a company official.
PetroChina may make bid for China Gas
2011-04-08 13:12:23
PetroChina Co Ltd, the world's second-biggest oil and gas producer by market value, is considering a bid for troubled natural gas distributor China Gas Holdings Ltd, Reuters reported Friday, citing the Financial Times.
China's Three Gorges Corp ready to invest $15b in Pakistan
2011-04-07 15:46:16
The China Three Gorges Corp, China's largest hydropower developer, is ready to invest $15 billion in Pakistan's energy sector, a senior company official said on Thursday.
China Mining United Fund seeks IPO in HK, mainland this year
2011-04-07 14:46:47
China Mining United Fund, a private company focused on mining-related investments, said on Wednesday it plans an initial public offer for its energy and gold assets this year, Reuters reported.
PetroChina to boost April oil processing by 15%
2011-04-07 14:30:26
PetroChina Co, the nation's largest oil company, will increase oil processing and shorten maintenance of its plants to ease a fuel shortage in some regions, the Bloomberg News reported.
China Vanke March property sales slow sharply
2011-04-07 14:05:57
China Vanke, the country's largest property developer, said its sales growth slowed sharply in March as real estate transactions cooled after the government stepped up fights against speculative investments, Reuters reported Thursday.
Sinovel becomes world's No 2 wind turbine maker
2011-04-07 11:13:16
Sinovel Wind (Group) Co Ltd, China's largest wind turbine maker, has replaced General Electric Co (GE) as the world's second largest such company behind Danish manufacturer Vestas, according to the company's annual report released Wednesday in Beijing.
Profit for China's leading rare earth producer surges
2011-04-07 09:36:51
The Inner Mongolia Baotou Steel Rare-earth (Group) High-tech Co (IMBREHT), China's leading rare earth producer, said on Wednesday that its net profit reached a record high of 750.74 million yuan ($114.6 million) in 2010 due to rising rare earth prices.