China Power Investment announces record profit

2013-01-18 09:31:58

China Power Investment Corp announced Thursday a record high profit of 5.33 billion yuan ($846.03 million) for 2012.

Lenovo expands into TV

2013-01-18 09:28:52

Lenovo is in the final stage of negotiating with the Japan's Sharp Corp about buying the plant that produces liquid-crystal-display TV in East China.

Insurance brokerage to protect Chinese firms overseas

2013-01-17 17:40:16

An international insurance brokerage association was established to protect Chinese enterprises' interests overseas.

Shipbuilder secures major contract for patrol vessels

2013-01-17 17:27:47

Wuchang Shipbuilding Industry Company Ltd signed a 2.5-billion-yuan contract to build nine patrol vessels for the country's marine patrol force.

Chinese military manufacturer profits up 18.7%

2013-01-17 16:56:55

China North Industries Group Corp, the country's largest defense equipment manufacturer, said Thursday that its profits jumped 18.7 percent year-on-year.

Minmetals profits drop in 2012

2013-01-17 15:43:30

The profits of China's largest metals trader fell to 8 billion yuan ($1.3 billion) in 2012, 4.8 billion yuan less than the previous year.

CNOOC, Chevron join hands for South China Sea oil

2013-01-17 15:30:33

China National Offshore Oil Corp has signed contracts with Chevron China Energy Co for two blocks in the South China Sea.

Apple begins installment plan for Chinese site

2013-01-17 14:56:35

Apple Inc has begun allowing users of its Chinese website to pay in installments as the company looks for ways to make its iPhones and MacBook laptops more affordable in the country.

New China Life premium income up 3% in 2012

2013-01-17 14:56:02

The premium income of New China Life Insurance Co Ltd grew 3 percent to 97.7 billion yuan ($15.5 billion) in 2012.

Alibaba hires Credit Suisse, Goldman for IPO

2013-01-17 14:55:33

Alibaba Group Holdings Ltd is reported on Bloomberg to have hired Credit Suisse Group AG and Goldman Sachs Group Inc to arrange an initial public offering.

Making capabilities count

2013-01-17 14:07:37

Mainardi is one of the principal architects of the capabilities-driven approach, which is deemed the winning formula not only for Booz Allen Hamilton.

GAC signs deal with Fiat, Chrysler to build Jeeps in China

2013-01-17 13:54:26

Guangzhou Automobile Group has signed an agreement with Italian manufacturer Fiat SpA and its Chrysler Group LLC subsidiary to build and sell more vehicles in China.