China's Xinjiang to establish first bonded zone

2011-06-14 15:54:40

Northwest China's Xinjiang Uygur autonomous region has received the green light to establish its first bonded zone at the Alataw Pass, the country's largest land port, officials said Tuesday.

US equips new solar plants with China-made panels

2011-06-14 15:53:20

Four new community solar plants with panels manufactured in China have gone into service to cope with summer peak demand, major US electricity supplier Southern California Edison (SCE) announced Monday.

China's stocks close up 1.1% on Tuesday

2011-06-14 15:49:37

Chinese shares closed higher on Tuesday with the benchmark Shanghai Composite Index up 1.1 percent, or 29.66 points, at 2,730.04.

Hitting the big time soon

2011-06-14 15:48:14

Is China poised to surpass the United States as the world's largest economy? The International Monetary Fund recently predicted that the size of China's economy will overtake that of the US in terms of purchasing power parity (PPP) by 2016.

Hospitals to trial new appointment system

2011-06-14 15:47:36

A free hotline and a medical website will be put into service in July to help patients to make appointments more easily with hospitals in Beijing, an official of the municipal health authority said on Monday.

Joint ventures off on a rocky road

2011-06-14 15:19:21

To John Deere, a Fortune 200 American business, the largely untapped Chinese market might have seemed so lucrative that a joint venture with a small Chinese company might not have been enough to satisfy its appetite.

Chaoda 'cleared' in land holdings claims

2011-06-14 14:49:38

Chaoda Modern Agriculture Holdings Ltd, the Chinese vegetable producer defending a claim from Next Magazine that it overstated its land holdings, has not exaggerated its assets, Macquarie Group Ltd said after visiting plantations.

Prada's IPO oversubscribed

2011-06-14 14:48:42

Italian fashion house Prada SpA, which is seeking to raise up to $2.6 billion through a Hong Kong initial public offering, has generated five times demand for its offer, a source familiar with the matter told Reuters.

BNBM Homes plans to establish 10 overseas plants

2011-06-14 14:36:34

Beijing New Building Material (Group) Co Ltd (BNBM), China's largest new-building-materials manufacturer, aims to establish 10 overseas production bases for its burgeoning business in houses by the end of 2015, according to the company's top executive.

AkzoNobel ups R&D in China

2011-06-14 14:01:49

The Dutch coatings and chemicals company AkzoNobel NV plans to allocate 15 percent of its global research and development (R&D) resources to China within five years, in its latest effort to tap into fast-growing markets, the company's R&D head said.

Rules set for yuan FDI by end of year

2011-06-14 11:18:59

China will issue rules on yuan-denominated foreign direct investment (FDI) into the mainland before the end of the year, a move that will allow easier repatriation of the Chinese currency according to the Hong Kong Monetary Authority (HKMA).

Expansion not the only goal: WEI president

2011-06-14 11:18:04

Chinese companies need to improve their competitiveness and increase efficiency and asset quality, instead of only focusing on expansion, a research organization said.