China should encourage the development of electric cars to offset its dependence on imported oil and reduce greenhouse emissions, automakers said.
“We are discussing with the Chinese government about our electric car plan as environmental issues are becoming a critical issue in China,” Yasuaki Hashimoto, president of Nissan Motor (China) Ltd said at the Guangzhou auto [...]
Tax rebates for China’s light industry should be increased to alleviate cost burdens on exporters, the cabinet said on Wednesday.
China also plans to remove unreasonable administrative fees and charges on industry players, and offer more, said a statement released after the executive meeting of the State Council presided over by Premier Wen Jiabao.
Tags: export, industry, [...]
Chinese government on Wednesday launched a major campaign to reform its dairy industry in an attempt to restore consumer confidence.
The State Council wants to upgrade the entire industry from cow breeding to final sales.
The tainted milk powder scandal was a major food security incident. It not only damaged the health of babies and children, but [...]
The number of inbound tourists to China dropped in the first nine months, in which the world financial crisis may play a role, said an official of China’s tourism authority on Wednesday.
“We took note the crisis has affected China’s inbound tourism market,” Zhu Shanzhong, head of the tourism promotion department of the National Tourism Administration, [...]
The Boeing Company said that an expansion of its China venture broke ground on Wednesday in north China’s port city of Tianjin.
The 21-million-U.S.-dollar project was launched after the global giant acquired a majority stake in the Tianjin-based BHA Aero Composites Parts Co. Ltd. (BHA) in July. Boeing also gained rights to land adjacent to the [...]
China National Petroleum Corporation (CNPC), parent of the country’s largest oil and gas producer PetroChina<601857><857>, will team up with Myanmar Oil and Gas Enterprise to jointly invest in the Myanmar pipeline project valued at US$2.5 billion, sources reported.
CNPC will hold 50.9% stake in the project, while Myanmar Oil and Gas Enterprise will own the remaining. [...]
