Guangdong fair yields deals worth $8.9b
2011-06-28 10:05:21
Foreign-funded firms that were previously export-oriented sought to explore the booming domestic market at a recent fair to combat the aftermath of the global economic downturn.
SSF sees profit in tight money policies
2011-06-28 10:05:03
The National Council for Social Security Fund (SSF), China's largest limited partner, is contacting and investing in private equity (PE) companies, and regards the tightening monetary policy as a huge opportunity in the development of the PE market, said a senior official from the SSF.
China placing priority on biotechnology
2011-06-28 09:44:58
China will spend 2 trillion yuan ($308.5 billion) on science and technology, making biotechnology a major priority, in the next five years.
China to cut duties on luxury goods
2011-06-28 09:44:17
Reducing import duty on luxury goods is only "a matter of time" as key ministries have reached general agreement on the issue, Yao Jian, Ministry of Commerce spokesman, told China Daily on Monday.
CNPC opens Iraqi oilfield
2011-06-28 09:41:54
China National Petroleum Corp (CNPC), the nation's biggest oil company by output, said that the first phase of the Al-Ahdab oilfield in Iraq with an annual capacity of 3 million tons started operations on June 21.
3.6b yuan embezzled funds recovered
2011-06-28 09:20:29
More than 3.585 billion yuan ($552 million) illegally taken from public funds last year has been recovered or returned, China's chief auditor said Monday.
China signs $4.3b deals with UK
2011-06-28 09:15:26
Trade deals worth $4.3 billion, including a $2.46 billion agreement on building a "clean coal" plant between China Energy Conservation and Environmental Protection Group and British Seamwell International Ltd, were signed as Premier Wen Jiabao met British Prime Minister David Cameron on Monday.
Ministry OK's Diageo takeover of local liquor company
2011-06-28 09:15:08
China's regulatory body has approved British drink giant Diageo's acquisition of additional shares to become the controlling shareholder of one of the best-known Chinese liquor brands.
Trains fly on Beijing-Shanghai high-speed railway
2011-06-28 09:02:02
Like a main artery, the Beijing-Shanghai High-Speed Railway connects the heart of China with its vital areas.
Regulator tightens supervision over state assets overseas
2011-06-28 08:59:38
The regulator of China's state-owned assets on Monday announced new measures to supervise assets owned by centrally-administered state-owned enterprises (SOEs) overseas amid "increasing complexities."
ChiNext Index closes up -- June 27
2011-06-27 16:36:55
The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, rose 11.54 points, or 1.39percent to 843.86 on Monday.
China's local government debts exceed 10t yuan
2011-06-27 16:33:38
China announced the size of its local governments' debts for the first time on Monday, which experts said will ease concerns over systemic financial risks.