Mengniu Dairy Group announced Tuesday that its founder, Niu Gensheng, had transferred all his shares of the company to Hengxin Trust, the China News Service reported.
China's top legislature Saturday approved the Cabinet nomination of Miao Wei as the new minister of industry and information technology.
Zhu Yunde, founder and chairman of Ningbo Yunsheng Co, looks like a typical worker in Ningbo, a port city in Zhejiang province, and says that rather than living a life filled with social functions like other entrepreneurs, he enjoys reading and writing in his spare time.
Christoph Stark has the same polished appearance as many Western CEOs. But it is when he talks in fluent Chinese - not only everyday speech but also business and even philosophical musings - the 56-year-old German really begins to impress.
China will prioritize more home-based care services for its growing aged population during the 12th Five-Year Plan (2011-2015) period, said the civil affairs minister.
Du Kerong, the man behind the Chinese surprise 1-billion-euro ($1.3 billion) bid for the Dutch cable maker Draka, has led a turbocharged life that has seen him rise from humble origins to senior air force officer and entrepreneur, getting by on as little as four hours of sleep a night.
The auditor-general of China's National Audit Office (NAO) described China's auditing system as the country's "immune system", which helps check and stem irregularities - before, during and after they occur.
China's outgoing ambassador to the World Trade Organization (WTO) said the nation's reform and opening-up should continue, but the future impetus will come from the inside, instead of foreign pressure.
There may be few executives in Microsoft who are more capable than Craig Mundie to talk about the US software giant's China strategy.
International pharmaceutical giant AstraZeneca has announced the appointment of Steve Yang as vice-president and head of research and development (R&D) for its Asia and emerging markets business, which is to take effect on Jan 6, 2011.
Hong Kong's Securities and Futures Commission (SFC) announced Wednesday that its Chief Executive Officer (CEO) Martin Wheatley will leave the commission next summer.
Riding on the sizzling performance of China's Growth Enterprise Board (GEB), yuan-denominated funds further consolidated their strength in the domestic venture capital (VC) and private equity (PE) markets outdoing their US dollar counterparts in the first 11 months of 2010.
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