Volvo Group of Sweden said it is eyeing 50 percent growth of its truck business in Asian countries after it launched a new heavy-duty UD truck range with Dongfeng on Tuesday to venture into the mid- to high-end truck segment in China.
Two non-governmental economic and trade organizations across the Taiwan Straits are expected to set up offices on each other's side, negotiators from the Chinese mainland and Taiwan announced on Tuesday.
Yhd.com, a Chinese online supermarket controlled by Wal-Mart Stores Inc, announced on Tuesday that it has gained approval to run its e-commerce business in Shanghai Free Trade Zone.
A major government think tank on Tuesday predicted "a stable growth with medium and high-speed" for China's economy in 2014, but said that high local government debt, employment and environmental issues still challenge the country's development.
PepsiCo entered the China market more than 30 years ago, and has turned from a newcomer to a major player in the country's consumer market. Flush with recent successes from its strong strategy, the international food and beverage conglomerate is confident of business prospects in the world's second largest economy.
A review of the central economic work conferences held in the previous five years.
China's Central Economic Work Conference opened on Tuesday to review the country's economic work in 2013 and map out economic plans for 2014.
The better-than-expected growth figures in November may have spared Chinese policymakers the trouble of delaying long-term reforms.
E-commerce giant Alibaba signed a deal on Monday with home appliance maker Haier to form a joint venture to build a logistics network.
China watchers should expect "significant movement" from the government in the next six months as the country begins implementing planned reforms detailed in the Third Plenum document, an American expert has said.
China has taken a giant step toward freeing interest rates, with the central bank introducing a new instrument to the interbank market, which lets the market set the rates.
More than 100,000 Beijing residents — and rising — are trying to get their hands on a government-subsidized, affordable housing unit from the capital's first owner-occupier commercial property project.
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