Entrepreneur aims to be king of the road

2010-01-11 08:00:24

Wang Chuanfu has been assiduously cultivating his dream of becoming king carmaker.

XD Electric plans to raise $1.13b through IPO

2010-01-08 15:30:45

China XD Electric Co, the nation's biggest maker of electricity transmission and distribution equipment, plans to raise about 7.72 billion yuan ($1.13 billion) through an initial public offering in Shanghai.

Hanvon debuts eBook products for US

2010-01-08 14:19:01

Chinese eBook giant Hanvon Thursday unveiled an array of new products for the US market, including more than 10 eBook readers and electromagnetic touch tablet devices, at the International Consumer Electronics Show (CES).

Sales soar for China's largest property developer in 2009

2010-01-07 16:24:21

China Vanke Co, Ltd, the country's largest real estate enterprise, said its annual sales jumped 32.5 percent year on year to 63.4 billion yuan ($9.3 billion) in 2009.

Comb maker brushes up brand image

2010-01-07 08:02:44

Carpenter Tan Handicrafts Co, China's largest comb maker, is planning to invest big to enhance its brand and expand its national network this year to become one of the world's leading comb producers.

SAIC sees 2009 profit jumping over 900%

2010-01-06 14:50:51

Top Chinese auto maker SAIC Motor Corp forecast on Wednesday that its 2009 net profit would jump more than 900 percent from 2008, propelled by a 57-percent year-on-year rise in vehicle sales.

Corruption charges filed against SOE executives

2010-01-06 07:45:14

Thirty-five senior executives of large State-owned enterprises (SOEs) faced corruption charges last year.

China Mobile's vice chairman removed from post

2009-12-31 16:41:03

Zhang Chunjiang, party chief and vice chairman of China Mobile, has been removed from his post for involvement in "serious economic issues," the Organization Department of the Communist Party of China Central Committee confirmed on Thursday.

Minmetals may benefit from Chile mining deal

2009-12-31 08:08:06

China Minmetals Corporation, the country's largest metals trader, said yesterday it plans to cooperate with a Guangdong-based private company to develop iron ore mines in Chile.

Regulator approves 1st national insurance brokerage firm

2009-12-30 17:44:07

China Insurance Regulatory Commission (CIRC) today approved the establishment of D.Tong Insurance Sales Services Co Ltd, which is the country's first national insurance brokerage company.

Telecom operators need to improve customer services

2009-12-30 17:24:38

China's telecom operators' customer services need to be more polite and more informative to callers from the country's 730 million wireless subscribers, according to a specialized organization's latest survey.

Valin shares get a boost in Shenzhen

2009-12-29 08:08:25

Shares of Hunan Valin Steel Co, one of China's top 10 steel makers, surged nearly 8 percent in Shenzhen yesterday following unconfirmed reports that its parent was planning to list in Hong Kong.