Chinese economist to replace Strauss-Kahn?

2011-05-19 09:46:45

The speculation about whether a Chinese candidate could step forward as the chief of the International Monetary Fund (IMF) has been picking up steam across China after Dominique Strauss-Kahn's arrest over an alleged sexual assault on a hotel maid.

Tianjin eyes more FDI in 2011

2011-05-19 09:29:30

China's northern port city of Tianjin is expected to see an increase in foreign investment in 2011, partly due to the city's efforts in improving its soft environment, a senior city official said.

Compass aims for $61.5b market by 2020

2011-05-19 09:21:07

The application of the Compass Navigation Satellite System, a Chinese global navigation system, will create a market as big as 400 billion yuan ($61.54 billion) by the end of 2020.

Sinopec's unit to dive deeper for offshore assets

2011-05-19 09:17:23

Sinopec International Exploration and Production Corp (SIPC) will produce half of its oil from offshore operations by 2015.

PetroChina boosts its overseas operations

2011-05-19 09:12:32

PetroChina Co Ltd, China's biggest energy firm by market value, plans to establish three operation centers, in Singapore, London, and New York, in an effort to boost its foothold overseas, the company's top official said.
Sinopec's unit to dive deeper for offshore assets
PetroChina eyes progress in Sino-Russian pipeline

Dongfeng Peugeot Citroen builds third China plant

2011-05-19 09:09:41

Dongfeng Peugeot Citroen Automobile Company Ltd started building its third assembly plant in China on Wednesday in central Hubei province in a bid to meet rising demand in the world's largest auto market.

Airbus top business jet lands in China for charter flights

2011-05-18 17:25:29

Beijing-based Deer Jet has purchased an Airbus Corporate Jetliner (ACJ), one of the world's top business jets, for its charter flights service.

China resumes tourism to Japan after quake

2011-05-18 17:19:12

A group of 180 Chinese tourists will take a chartered plane from Shanghai to Japan on June 2. Their trip to the country marks the start of the recovery of China-Japan tourism since Japan's March 11 earthquake and tsunami.

Hong Kong stocks close 0.48% higher -- May 18

2011-05-18 17:16:40

Hong Kong stocks gained 110.06 points, or 0.48 percent, to close at 23,011.14 on Wednesday.

China's funds outstanding for forex growth slows

2011-05-18 17:16:06

China's central bank said on Wednesday that the funds outstanding for foreign exchange totaled 310.72 billion yuan ($47.08 billion) in April, less than the 407.9 billion billion yuan in March.

NDRC to raise on-grid power prices

2011-05-18 17:12:42

The National Development and Reform Commission (NDRC) plans to raise on-grid power prices by 0.02 yuan per kilowatt-hour in the provinces of Jiangxi, Hunan and Guizhou provinces in order to eliminate power shortages and boost local power companies' flagging profits.

New import policies awaiting approval

2011-05-18 17:02:47

China will adopt long-term measures to promote imports, Yao Jian, a Ministry of Commerce spokesman, said at the ministry’s monthly news conference Tuesday, China Business News reported today.