China to accelerate development of forestry tourism

2011-05-12 13:41:29

The State Forestry Administration (SFA) and the National Tourism Administration signed a framework agreement on Wednesday to promote the development of forestry tourism.

Chinese VP stresses poverty reduction, economic restructuring

2011-05-12 13:35:54

Chinese Vice-President Xi Jinping urged southwest Guizhou province to reduce poverty in its ethnic regions and to speed up its economic restructuring while conducting an inspection tour in the province.

Canada expects financial institutions to expand in China

2011-05-12 13:33:26

Finance Minister Jim Flaherty says that Canada looks forward to improving opportunities for Canadian investors in China as well as increasing domestic investments by Chinese investors.

Sanofi supports diabetes plan

2011-05-12 13:29:39

Sanofi SA, the maker of the Lantus diabetes medicine, will support a five-year plan by China's health ministry on diabetes management, the Paris-based drugmaker said.

HK to boost RMB-denominated shares trading

2011-05-12 13:28:14

Hong Kong Exchanges and Clearing (HKEx), the local bourse operator, said on Wednesday that it plans to introduce a special facility in the second half of this year to encourage trading in renminbi-denominated shares in the secondary market.

China-US dialogue reaps benefits

2011-05-12 13:22:32

China and the United States announced a range of agreements on Tuesday aimed at expanding strategic and economic cooperation after two days of high-level meetings.

US companies eye Chinese market for growth

2011-05-12 13:19:31

"The Chinese market is one of the most important markets to Procter & Gamble in our global development range," Shannan Stevenson, P&G's President-Greater China, said in an interview with Xinhua.

China, US vow to building better business environment

2011-05-12 13:16:51

China and the United States on Tuesday promised to build more a favorable environment for businessmen from the two countries.

Air China warns on 2011 profit

2011-05-12 13:15:39

Air China Ltd, the country's flag carrier, expects its full-year net profit to fall below the 2010 level, the company's chairman said on Wednesday.

Sugar may aid Coke

2011-05-12 13:13:52

Sugar output may exceed demand for a second year after farmers boosted planting as futures surged, pushing prices lower, said Standard Chartered Bank. That may lower costs for drinks makers such as Coca-Cola Co.

Qihoo invests in program

2011-05-12 13:11:59

Qihoo 360 Technology Co, the Chinese security software provider, will invest 10 million yuan in a project to provide free computer repair services for Internet users within a year, the company said on Wednesday.

VW to launch electric car

2011-05-12 13:11:12

The German carmaker, Volkswagen AG, will launch electric cars in China under its new 'Kaili 'brand in conjunction with FAW Group, as it joins other foreign players in the race to develop the fledgling sector.