 Alibaba heads West as it searches for new customers 2011-03-05
Alibaba.com Ltd, the Chinese e-commerce company shaken by revelations of fraud, is heading West as it rebuilds trust, courting entrepreneurs in the United States and investing in online companies. |
Marine economy development zone approved for E China 2011-03-02
A plan to establish an ocean economic development zone in east China's Zhejiang Province has been approved by the State Council. |
Volvo's new plants aim to sell 200,000 cars in China in five years 2011-02-28
Volvo Car Corp. announced Friday it will build two manufacturing bases in the west China city of Chengdu and northeastern Daqing over the next five years in an ambitious expansion that aims for car sales in China of 200,000 by 2015. |
Volvo: New home in Chengdu 2011-02-28
Volvo Cars Corp, the Swedish automaker acquired by Zhejiang Geely Holding Group Co last year, announced on Feb 25 that it will build its first Chinese plant in the western city of Chengdu and aims to sell 200,000 cars in 2015. |
Automaker BMW shows its artistic colors 2011-02-28
BEIJING - "Commercial sponsorship connects art with society and helps build a healthy environment and development for contemporary art and artists in China," said Zhou Chunya, an avant garde Chinese artist who won Artist of the Year with the 2010 BMW ArtPower 100 Award. |
Best Buy closes China outlets 2011-02-22
US consumer electronics retailer Best Buy Co Inc has closed all nine outlets on the Chinese mainland, plus its regional retail headquarters in Shanghai, a statement on the company's website said Tuesday. |
Alibaba execs resign over supplier frauds 2011-02-22
China's top e-commerce operator Alibaba.com Ltd's chief executive officer David Wei resigned after the company found more than 2,000 members engaged in fraudulent activities, reflecting problems hidden behind the company's fast expansion over the past few years. |
Exorbitant liquor prices drive Chinese buyers abroad 2011-02-21
Foreign luxury products have monopolized the shopping list of Chinese tourists heading overseas for years, but more Chinese tourists are grabbing up Chinese brands sold on foreign markets, since they are sold at lower prices. |
Labor shortage in China reflects shifting situation 2011-02-19
Many of the traditionally prosperous regions, like the Yangtze and the Pearl river deltas, however, are experiencing labor shortages after the holidays. In Guangdong, more than one million workers are needed, which counts for about five percent of the total number of laborers in the province, said Ou Zhenzhi, head of the human resources and social security department of the Guangdong provincial government.
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Headstart for budding businesses 2011-02-18
A 100 million-yuan science and technology innovation fund from Zhejiang authorities in late 2009 for college students has already helped 5,000 students start 1,192 projects. |
China Mobile seeks partners abroad 2011-02-16
The company is looking for moreopportunities to expand overseas |
Home sales drop during Spring Festival 2011-02-11
Home sales in China are typically abysmal during the Spring Festival holiday as people enjoy being with their family rather than selling or buying homes, but this year sales were even worse than usual. |
Time for Zhejiang to put brakes on growth 2011-02-11
The economic development in East China's Zhejiang province, one of China's greatest economic powerhouses, must slow down during the next five years to accommodate efforts to clean up industry and protect the environment, according to the governor of the province. |
Hangzhou tops 2010 ranking of housing prices 2011-02-10
An average housing price of 25,840 yuan ($3,921.78) per square meter in Hangzhou was the highest among all the 110 cities surveyed in 2010, China National Radio reported Wednesday. |
CSR predicts net profit rose by more than 50% last year 2011-02-01
China's largest train manufacturer CSR Corp said on Monday that it expects its net profit to have increased by more than 50 percent in 2010, thanks to the country's fast development of high-speed railways. |
Volvo opens China headquarters 2011-01-25
Volvo Car Corporation inaugurated its China headquarters in Shanghai on Jan 25, 2011 to increase its presence in the Chinese market. |
Sino-US battery partnership signed 2011-01-24
Electric vehicle maker Wanxiang Group signed an agreement with US lithium battery producer Enerl on Jan 18 to form a joint venture to make batteries for electric vehicles. |
Commercial property gains investors' preference 2011-01-21
China's commercial property sector will replace the residential market as the emerging star in 2011, with tightening measures continuing in the housing market while domestic consumption picks up. |
Chinese city allows individual overseas investment 2011-01-17
Residents in a Chinese city boasting of its entrepreneurship are allowed to invest overseas as individuals in a pilot scheme that authorities say will help manage the burgeoning capital flow in the private sector. |
Affordable housing strains local govts' coffers 2011-01-14
The central government's ambition of building more government-subsidized apartments nationwide this year will truly test local governments' finances. |
