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Beijing-Benz: Five-fold surge in production

BEIJING - Sino-German joint venture Beijing-Benz Automotive Co Ltd plans a five-fold hike in production capacity with more new models to meet growing demand in China's luxury car market.

Dangdang, Gome may form e-commerce alliance

E-commerce China Dangdang Inc may join hands with Gome Electrical Appliances Holding Ltd to fend off rising competition from rival 360buy.com, according to China Business News on Monday.

Beijing Automotive introduces new vehicle

In the midst of stiffer competition that placed Chinese homegrown cars in a tight spot, Beijing Automotive Group (BAIC Group) announced it would launch its first own-brand car next month.

Robust growth for diverse Beijing Tourism Group

BEIJING - Last month as Spring Festival approached, State-owned Beijing Tourism Group celebrated its success with General Manager Liu Yi noting company revenues totaled 34.7 billion yuan ($5.5 billion) last year, up 9.5 percent from 2010.

Foreign-brand cars made in China, exported abroad

BEIJING - After big expansion in manufacturing capacity and product portfolios in China, foreign carmakers are now looking beyond the populous market for new growth opportunities.

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