China is entering a new generation of heating and cooling systems with more energy efficiency, said Preben Tolstrup, CEO of Logstor."We have two objectives in the Chinese market. One is to develop the cooling and heating system market.

BEIJING - New Zealand milk giant Fonterra Co-operative Group Ltd will invest 260 million yuan ($40 million) in its third dairy farm in China, part of the company's strategy to enhance the quality of fresh milk supply to the Chinese customers after a series of milk scandals, the company said on their website.

Chinese herbal medicine maker Shijiazhuang Yiling Pharmaceutical will raise up to 2.25 billion yuan ($348 million) in an initial public offering (IPO).

PepsiCo Inc, the world's second-largest food and beverage company, is planning to establish new farms in China.

Next in line among the roughly 200 competitors in the same business is Hebei Dachang Jinming Accurate Cold-rolling Steel Plate Co Ltd, which enjoys an 8.5-percent market share.

A decline in freight orders, which started in mid-May, has caused a number of problems for Zhang Yan, the owner of a delivery company .

The analysts visited and verified Chaoda's three largest production bases in Hebei, which were cited in the Next Magazine article.

Chinese, US city gov'ts to cooperate with clean-energy companies.

An "eco-city" project will help Langfang, a city in Hebei province neighboring Beijing, and the community of Charlotte in North Carolina.

Some Chinese small blast furnaces have stopped using imported iron ore as the high cost of the commodity has hit their bottom line, said an executive from steelmaker Baosteel Group Corp.