Maanshan Iron & Steel Co, the second-biggest Chinese steelmaker listed in Hong Kong, will increase coking coal imports this year, adding to rising global demand that’s sent prices soaring.
The mill bought between 800,000 metric tons and 900,000 tons of the raw material from BHP Billiton Ltd, the biggest exporter, last year, Chairman Gu Jianguo said. [...]
After 8.6 million Chinese bought their first cars last year, General Motors Co, Volkswagen AG and Ford Motor Co are positioning themselves to compete for return customers.
The number of car models in China’s showrooms quadrupled in the past six years, forcing companies to fight for attention by unveiling vehicles at the Imperial Ancestral Temple in [...]
China’s highway mileage will surpass the United States in three years following completion of the ongoing construction boom, said Li Shenglin, Minister of Transport, on Sunday.
Despite the global financial crisis, the country’s fixed-asset investment on transportation development topped 1.13 trillion yuan (165.4 billion U.S. dollars) in 2009 which contributed 0.5 percentage points to GDP growth, [...]
Hainan’s tropical climate, natural bays and golf courses are key factors that attract many golf and surfing enthusiasts to Hainan. “These excellent conditions of Hainan should be used to promote Hainan as an international tourist destination,” said Chairwoman of Singapore Jetstar Airways Zhuang Bilian.
Tags: Hainan, Tourism
China Telecom, a major telecom service provider, announced it has co-launched a CDMA industrial alliance Friday with more than 100 other companies from cell phone design and making to software and content providers.
Most of the member companies engaged in the non-profit alliance, initiated by China Telecom, were cell phone-related heavyweights such as Microsoft, Huawei and [...]
China will face considerable pressures caused by increasing housing prices in the next 20 years as a hefty demand for housing will persist amid the nation’s accelerated urbanization and industrialization, a senior official said on Monday.
“Demand is big, while land supply is limited. So pressures caused by rising prices are still mounting,” said Jiang Weixin, [...]
