China News

China would make efforts to import more liquefied natural gas (LNG) to cope with supply shortage, said head of China's National Energy Administration (NEA) on Sunday. Zhang Guobao, also vice-minister of the National Development and Reform Commission,...

The Yunnan Baiyao Group Co, manufacturer of the wonder drug has recently embarked on an ambitious program, aimed at diversifying its product range. This has seen the company explore a number of new applications for its core product, including traditi...

SEOUL/HONG KONG: Steelmakers from China and South Korea may post a faster recovery than Japanese peers this year, given their higher exposure to the booming Chinese economy, according to ratings agency Fitch Ratings. The agency said in its North Asia...

China has overtaken the United States and Japan to become the world's largest car manufacturing country in 2009, the China Business News reported today. The Japan Association of Automobile Manufacturers (JAAM) said 7.93 million vehicles were produced...

SHANGHAI, Jan. 17 (Xinhua) -- Net profit in Baoshan Iron & Steel Co., China's biggest steel marker, declined 11 percent year-on-year to 5.75 billion yuan (842 million U.S. dollars) in 2009. Its total revenue stood at 148.3 billion yuan last year,...

China Economic Net reporters learned from the China-India Economic and Trade Cooperation Forum held in Beijing January 19 that the trade volume between China and India doubled in the past 2 years, exceeding 50 billion U.S. dollars. The 2-way investme...

China's exports during the first 20 days of this month have continued to grow and, coupled with the rebound during last December, augurs well for trade prospects this year, Commerce Minister Chen Deming said yesterday. The Commerce Minister also indi...

The news that China’s exports increased by 17.7 percent in December year-on year is impressive. So too, the statistic that China has now overtaken Germany as the world’s largest exporter. In turn, this has lead to commentary about the pos...

Jan. 18 – China’s State Administration of Taxation has issued a circular addressing tax rebates for export businesses. Export companies with unsettled overpaid value-added-tax can still avail of lump-sum tax rebates under the provision co...

China's foreign trade in 2009 dropped 13.9 percent from a year earlier to $2.21 trillion and its trade surplus last year slid 34.2 percent year-on-year to $196.1 billion, according to figures released Sunday by the General Administration of Customs (...

Profits by China's industrial companies in the first 11 months have expanded for the first time in a year, consolidating the recovery in the world's third-largest economy. Net earnings by Chinese manufacturers rose 7.8 percent from a year earlier to ...

China's first fund for environmental industry was launched Monday in Beijing, aiming to promote investment in the country's environment-related sectors. The Environment Industry Fund, run by China General Technology Investment Fund Management Corp., ...

Premier Wen Jiabao admitted Sunday that it'd be good if lending by Chinese banks had not been growing on a too large scale as a result of the government's immediate response to the global financial crisis. "It would be good if our bank lending...

Profits of China's major industrial enterprises in the first 11 months rose 7.8 percent from the same period a year ago, the National Bureau of Statistics (NBS) said Monday. The growth rate was 2.9 percentage points higher than the corresponding peri...

BEIJING, Dec. 21 (Xinhua) -- China's industrial output is expected to post an annual 11-percent rise this year, buoyed by the government's stimulus packages, Minister of Industry and Information Technology (MIIT) Li Yizhong said Monday. Li said at a ...

China on Tuesday announced it will maintain its export stimulus measures to tackle more complicated trade conditions next year after their success in offsetting the effects of the global economic crisis. "Practice has proved that the policy mix ...

Green electricity from north China's growing wind power generators is being wasted because the country's power grid cannot absorb it, power experts have said. "The greatest headache for wind power developers is that a large part of the power cap...

China on Tuesday began construction of the world's longest cross-sea bridge linking its southern economic hub of Guangdong province to Hong Kong and Macao, a move widely expected to bring economic ties closer. Chinese Vice Premier Li Keqiang attended...

You are here: Home > Business > Manufacturing Firm plans Shanghai IPO to lift production0 CommentsPrint E-mail Shanghai Daily, November 26, 2009 Adjust font size: China Shipbuilding Industry Co, the country's biggest ship equipment maker, yeste...

United States agricultural equipment maker AGCO said yesterday it planned to invest US$100 million in China over the next few years. The manufacturer of tractors, combines, balers and planters will kick off its first batch of two manufacturing bases ...