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Economy
November-14-2012
- Power transmission, new-energy eye overseas growth
- China's ultra-high voltage transmission and new-energy industries will expand rapidly in the next three years, with a steady move into the overseas market, the chairman of a leading Chinese power transmission company said on Tuesday.
November-14-2012
- Haier to seek maximum gains from acquisition
- Following of the recent completion of Haier's takeover of New Zealand's Fisher & Paykel Appliances, Haier Group CEO Zhang Ruimin said that the company hopes to maximize Haier's gains from the deal.
November-14-2012
- Social Security Fund's yield may fall to 5% this year
- The return rate of China's Social Security Fund may decrease this year because of the downturn in the country's stock market, Dai Xianglong, chairman of the fund and a former central bank governor, said on Monday.
November-14-2012
- Mega homes project ready in Beijing
- The construction of Beijing's largest public rental housing project has been completed, and its first tenants will move in next month, authorities said on Tuesday.
November-13-2012
- Healthier growth to reshape a changing China
- To Chinese officials and entrepreneurs who have gotten used to high-speed growth in past years, the coming decade may be quite different, as they will have to readapt to a country that is growing at a slower pace.
November-13-2012
- More duty-free shops in Hainan
- Hainan province is expected to expand the network of duty-free shops across the island in a bid to build itself into a global shopping center and tourism destination, said Luo Baoming, Party secretary of Hainan.
November-13-2012
- More foreign companies using yuan
- The number of foreign companies using the yuan as their currency of choice has surged after rules introduced earlier this year allowed yuan settlements for Chinese traders.
November-13-2012
- Chinese gov't studying property tax expansion
- The Chinese government is "actively studying" an expansion of the experimental property tax program in the country and may expand the program when time is appropriate, said Minister of Housing and Urban-Rural Development Jiang Weixin on Monday.
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