China 2011 online payment surpasses $124b 2012-03-01
China's e-commerce continues its rapidly expansion as online sales turnover in 2011 surpassed 780 billion yuan ($124 billion), a year-on-year increase of 66 percent. |
China to cultivate biofuel use 2012-02-29
China is expected to use 12 million metric tons of aviation biofuels by 2020, accounting for 30 percent of the country's total use of jet fuel, according to Li Jian, deputy director of the Civil Aviation Administration of China. |
Lending scam victims seek state compensation 2012-02-29
Nearly 150 creditors have sought state compensation over a large-scale lending default estimated to have left 7,000 private creditors a whopping 4.5 billion yuan (714 million US dollars) out of pocket in east China, local court officials said Tuesday. |
China to cultivate biofuel use 2012-02-29
China is expected to use 12 million metric tons of aviation biofuels by 2020, accounting for 30 percent of the country's total use of jet fuel, according to Li Jian, deputy director of the Civil Aviation Administration of China. |
4G network trial expanded to nine cities 2012-02-28
China Mobile Communications Corp, parent of the world's largest telecom carrier, will add three Chinese cities to a large-scale trial of its fourth generation (4G) telecommunication technology this year, according to the company's president. |
Nuclear power has great development potential 2012-02-23
Nuclear power has great growth potential in China, as the world's second-largest economy remains hungry for more energy to fuel its economic development. |
Alibaba buyout bid 'adds flexibility' 2012-02-23
Alibaba Group Holding Ltd's bid to privatize its Hong Kong-listed business-to-business arm, could help the company retune its operating strategy and add flexibility to ongoing negotiations with Yahoo Inc. |
Jebsen to expand Porsche sales in China 2012-02-22
International luxury goods marketing and distribution company Jebsen Group announced on Tuesday a further investment of HK$575 million ($741 million) in the coming two years to expand its Porsche distribution business in China. |
New-energy firm to invest $100 million in US development 2012-02-22
SHANGHAI - After a year largely spent in the United States developing products that use new sources of energy, Wanxiang America, the US subsidiary of the Chinese conglomerate Wanxiang Group Corp, said it is looking toward making a large investment. |
Tianmao to push ahead with online sales of drugs 2012-02-22
China's e-commerce giant Alibaba Group Holding Ltd has reiterated its aim of selling medicine online after a license dispute that halted the program. |
Yiwu sees robust trade with BRICS 2012-02-20
Yiwu, the largest small commodity market in China and one which supplies half of the world's Christmas products, saw strong growth in trade with the China's fellow BRICS countries last year, according to local customs authorities. |
Supor suspends stock trading 2012-02-18
BEIJING - Zhejiang Supor Co Ltd, China's largest manufacturer of cookware by market share, suspended trading of its shares on Friday and insisted that its products are safe, contradicting media reports that the company's pans include "excessive metal content". |
Freezing weather heats up demand for down products 2012-02-15
Down product firms are working flat-out to provide warm products to customers in Europe and other places where the weather has been bone-chilling. |
VW plans EV production in China 2012-02-14
Volkswagen AG's two joint ventures in China plan to start making electric cars in 2014 and to ramp up to mass production by 2018, its China chief said. |
New camera lines look set to snap up the photo market 2012-02-13
Mini SLRs don't have the bulk of the professional devices, but they do the same job |
Provinces to build central economic hub 2012-02-10
More than 90 million people will benefit from the comprehensive business cooperation jointly launched by Hubei, Jiangxi and Hunan provinces, Li Hongzhong, Party chief of Hubei province, said on Friday. |
TCM exports set to rise at a healthy clip 2012-02-10
The value of traditional Chinese medicine exported from China is expected to increase by more than 10 percent a year during the next five to 10 years. |
European freeze boosts E China down industry 2012-02-10
A significant increase in European orders for down products from factories in east China's Zhejiang province since late January has created an opportunity for the local industry's revival. |
Zhejiang property sales fall 21% in 2011 2012-02-09
Commercial property sales in China's booming Zhejiang province fell sharply in 2011 following tough government curbs. |
Chinese snap up luxury products 2012-02-07
Chinese people will buy more than half their acquisition of luxury goods on the mainland in 2014 rather than overseas, as is the case now, business research and consulting firm Frost & Sullivan said in its latest survey. |