A group of 14 research institutions jointly predicted over the weekend that China’s economic growth for the first quarter would be 10.4 percent to 10.5 percent, while the consumer price index (CPI) would be 6.8 percent to 7.1 percent.
The 14 institutions included the State Information Center, a government think tank, the research center of Chinese [...]
High-end jewellery firm Tiffany & Co. has opened a new outlet store in the northern port city of Tianjin just as gold and platinum prices are hitting new highs in China.
The 130-square-meter store is the fifth Tiffany outlet on the Chinese mainland. The previous four were located in Beijing and Shanghai.
Tags: Metal, Tianjin
IBM defines itself as a globally integrated enterprise, Toshiba a company in the world and ABB as a global company, which is home everywhere.
The transformation of more transnational firms into global corporations helps to promote China’s sustainable development, according to the 2008 report on transnational corporations in China released in Beijing on Friday.
Tags: trade
China has allocated 38 billion yuan (5.3 billion U.S. dollars) for water infrastructure this year, an increase of 11.8 percent on the financial input for 2007, Chen Lei, Water Resources minister said on Thursday.
The money will mainly go to the country’s central and western regions, to rural infrastructure construction related to people’s livelihood, and to [...]
A two-day auction for 2.5 million tons of state wheat reserves opened on Wednesday at the Henan Provincial Grain Trade Market, which is conducting the largest such auction in China.
Auction volumes have risen sharply this year, compared with just a few months ago. In late 2007, auctions were no more than a few hundred thousand [...]
Beijing Hyundai produced its one millionth car on Friday, just over five years after it first began production.
The auto joint venture between China and the Republic of Korea (ROK) was set up in November 2002 has been the fastest car maker in China to reach the one million-unit sales target.
Tags: Auto, Beijing, car-maker, Hyundai
