 Latest statistics show that more than 40 percent of China’s foreign investment companies are in Beijing, but the capital still lags behind Shanghai.
China boasts about 350 foreign investment companies, among which 153 are in Beijing, said an official from the Beijing Investment Promotion Bureau.
Tags: Beijing, investment
China’s marine shipping business continued to grow rapidly and notched up 341.4 billion yuan (about 46.77 billion U.S. dollars) in value added last year.
The figure poses a year-on-year rise of 21.1 percent, according to a statistical bulletin released at an ongoing annual conference of the State Oceanic administration (SOA) held in Changsha, capital of central [...]
China and the European Union (EU) have made a breakthrough in establishing a new bilateral high-level economic and trade mechanism which they aimed to launch in April.
Commerce Minister Chen Deming met EU Trade Commissioner Peter Mandelson in Beijing over the weekend, and exchanged views on how the mechanism should work.
Tags: EU, investment
Visiting Chinese trade delegation on Monday signed with local enterprises a basket of contracts, buying goods worth US$200 million.
Entrepreneurs from both China and Zambia also hammered out cooperation intentions of US$300 million to further explore business potentials in the Southern African country.
Tags: export, trade
Honda aims to boost sales in India by 32 percent over the next fiscal year after doubling the capacity at its local plant to meet the surging demand for City and Civic cars.
It plans to sell 90,000 vehicles in India in the year starting in April from an estimated 68,000 in the current fiscal year, [...]
Yale University, home to the second-biggest North American college endowment fund, is investing $50 million in the first-time Hong Kong share sale of China Railway Construction Corp, said sources.
Yale is among nine so-called cornerstone investors that will buy a combined $450 million worth of shares, the sources said, declining to be identified because the information [...]
