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Police have concluded the investigation into a Shanghai company manufacturing contaminated milk and milk powder, and handed the management over to the prosecutor's office for criminal prosecution, prosecutors said Tuesday.
Mercedes-Benz marked 2009 as their "best year ever" in China with sales in the mainland soaring 77 percent to 68,500 vehicles, German-US auto giant Daimler Chrysler said Tuesday.
Hong Kong can jump on China's economic bandwagon if the country continues to enjoy consistent, fast economic growth, Henry Tang, chief secretary for the administration of the Hong Kong Special Administrative Region, told China Daily in an exclusive interview. Tang sees no good in legislators' resignation
The long-planned trade agreement between China and ASEAN countries that took force on Jan 1 has put Guangxi Zhuang autonomous region on the frontline of the world's most populous free trade area (FTA) .
Private equity fund Cathaya Funds, financed by renowned French industrialist Jacques de Chateauvieux, announced Wednesday that it will inject $25 million into Asia Pacific Medical Group (APMG) to develop world class medical services in China.
IKEA, the world's biggest household goods retailer has established its first experience center in Shenyang, Liaoning province.
Only 30 second-hand residential apartments sold in the first two days of the New Year, a drop of 37.5 percent compared to 2009 and 67.7 percent for the same period in 2008, the Economic Information Daily reported.
Saudi Arabia will quit a long-held lease for 5 million barrels of Caribbean oil storage near the key US market and PetroChina is poised to move in, industry sources said, a potential major shift in global oil trade dynamics.
China's State Council has recently approved a "Circular Economy Plan in Gansu Province." It is the first regional circular economy plan, xinhuanet.com reported.
The Bank of Nova Scotia has increased its stake in China's Xi'an City Commercial Bank to 14.8 percent, with plans to eventually hold one-fifth of the financial institution.
The first phase of building two giant reactors for a new nuclear project that will cut carbon emissions and boost the local economy started December 28.
Construction of China's largest civil aircraft final assembly base began Monday in the Pudong New Area of Shanghai, said a spokesman with the Commercial Aircraft Corporation of China Ltd. (COMAC).
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