The Chinese government and the Hong Kong Special Administrative Region (HKSAR) have signed a fifth supplementary accord to the Closer Economic Partnership Arrangement (CEPA), aiming to open further the mainland market to Hong Kong, China’s commerce ministry said.
The ministry said in a statement on its website that under the new arrangement, the mainland will introduce [...]
Located in Ningbo’s Beilun District, the Ningbo Economic and Technical Development Zone, one of China’s earliest (1984) and largest national development zones, currently covers an area of 29.6 square kilometers.
Among the 12,000 foreign enterprises present in Ningbo, about 1,400 are set up in the zone.
Tags: investment
Shareholders of Perth-based Cape Lambert Iron Ore Ltd has finally approved to sell an undeveloped iron ore project to China Metallurgical Group Corporation for A$400 million, sources reported.
The project is located in the Pilbara region of Western Australia, which is the most important mining base of iron ore in the country.
Tags: iron-ore, Sinosteel, steel-maker
China Unicom, the second largest mobile telecom carrier in China, is planning to invest RMB 3 billion to further upgrade GSM network for its Henan branch this year, according to a company’s announcement.
Newspaper reports said China Unicom Henan branch has invested a total of RMB 10 billion to expand its existing GSM network, which has [...]
Top Asian oil and gas producer PetroChina will sell its 50 percent stake in China United Coalbed Methane Co Ltd to the parent of China Coal Energy, exiting their venture in favour of producing the fuel on its own.
A China Coal executive said on Tuesday the two partners had disagreed on the direction of China [...]
Volkswagen (VW) China may drop its ambitious diesel car project due to weakening diesel supply in the local market.
Diesel cars are not faring well in China, especially in such a period with diesel in short supply. Volkswagen will study how long the diesel shortage will last in order to evaluate its plan for diesel engine’s [...]
