Power shortage hits offices, malls in Shanghai
2011-06-20 13:30:55
Shopping malls and office buildings in Shanghai are being urged to close on extremely hot days this summer to save power for residents' use in the midst of a shortage of supply, according to a recent notice issued by the Shanghai Municipal Electric Power Company.
Wal-Mart China exec Shawn Gray resigns
2011-06-20 13:26:33
Wal-Mart Stores Inc (WMT) said its vice president of operations in China left the company, becoming at least the third executive from that nation to depart in the past month.
Cyber wars between stores are heating up
2011-06-20 11:16:21
According to a report issued by Nuremberg-headquartered German research firm GFK Group, China's online shopping market reached revenues of 498 billion yuan ($76.88 billion) in 2010, rising by 96 percent over the previous year. Online household appliance sales experienced even faster growth, up by 200 percent to about 80 billion yuan.
Developers seek profits below the surface
2011-06-20 11:04:20
With the volume of home sales continuing to fall amid strict measures aimed at tightening the property market and lowering house prices, some real estate companies are trying to dig their way out of the uncertainty by getting into mining.
Advertising experiences a boom
2011-06-20 11:01:18
Group-purchasing websites have the most potential for advertisers, who are witnessing a boom for their industry on the Internet thanks to the increasing number of netizens and the development of online companies in China, according to a new report.
Overseas Chinese entrepreneurs urged to help
2011-06-20 11:00:04
Chinese Vice president Xi Jinping is encouraging overseas Chinese business people to participate in China's next stage of development and promote communication and cooperation between China and the rest of the world.
Overseas Chinese talents find home with domestic companies
2011-06-20 10:58:32
Fifty-year-old Shanghai native Yang Liyou had been doing research on solar cells in the United States for many years, but when he came back to Zhejiang Province, he became a "shipmaster."
Cities rein in home prices
2011-06-20 10:54:56
More Chinese cities have seen month-on-month declines in the prices of both new and secondhand homes, according to the National Bureau of Statistics (NBS) on Saturday.
Booming time for auto after-sales market
2011-06-20 10:36:45
The growing number of car owners in China is proving to be a big attraction to the after-sales market in the almost two years since sales boomed.
Men's magazines make their mark
2011-06-20 10:04:56
With a generous investment of tens of millions of yuan and "an elite editing team" of more than 40 people, mostly borrowed from the corresponding women's publication department, France's Hachette launched its first fashion magazine for men, Elle Men, in China.
China's outsourcing sector strive to follow India
2011-06-20 10:03:18
Faced with rising costs, fragmentation and possible overcapacity, and an inherent disadvantage in language and culture, China's software and outsourcing sector still has a long way to go before it can catch up with the world's leader India.
Movie trailers become stars in their own right
2011-06-20 10:01:29
The booming film market in China, besides generating box office receipts, is creating many commercial opportunities for businesses such as those that make trailers.