A China-Africa conference on Wednesday urged Chinese enterprises with ties to Africa to fulfill their corporate social responsibilities and abide by local laws and regulations.
According to a press communique issued after the Third Roundtable Conference on China-Africa Cooperation, held in southern province of Hainan, Chinese companies doing business with African partners or in Africa should promote social benefits as well as business growth in an effort to bring more benefits to local people.
China's leading telecommunication solution firm ZTE is gearing up to tap fortune from robust enterprise business solution market in Indonesia.
The leading Chinese agribusiness company New Hope Group is expanding to South Africa, Egypt, and Eastern and Central Europe.
Zhejiang Geely Holding Group will set up a vehicle assembly plant in Brazil with an investment of $311 million, Brazilian magazine Veja reported.
China's State-owned CNOOC Ltd and its Canadian takeover target Nexen Inc have withdrawn and resubmitted an application for US approval of their $15.1 billion deal, as Canada gets close to its decision on whether to approve the transaction.
The energy companies said on Tuesday that discussions with the Committee on Foreign Investment in the United States, or CFIUS, were still in progress, "with a view to completing the CFIUS review process as expeditiously as possible."
The Industrial and Commercial Bank of China on Tuesday opened a branch in Barcelona, a year after establishing its first Spanish office in Madrid.
ZTE Corp, a key player in China's telecom equipment industry, prepared to invest 700 million euros in a project to create Greece's high-speed Internet network.
Brazil is becoming an increasingly attractive investment destination for China's listed companies, the China Association for Public Companies said.
Sudan is seeking Chinese investment in its agricultural industry, aiming to turn the emerging sector into a new highlight of bilateral economic ties.
Sudan is seeking Chinese investment in its agricultural industry, aiming to turn the emerging sector into a new highlight of bilateral economic ties.
China is looking at ways to encourage domestic manufacturers to expand overseas networks to boost shipments and promote branding amid a gloomy outlook for exports amid falling global demand, a senior commerce official said on Thursday.
Zhong Shan, vice-minister of commerce, said: "The ministry will draft a mid- and long-term plan on building up the international sales and marketing network especially in emerging markets" for Chinese exporters.
Nearly 190 employees of COSCO Americas, who were affected by Hurricane Sandy, received relief money and other gifts from their Chinese employer.
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