China's Q1 foreign service trade surges

2015-05-15 16:50:54

China's foreign service trade reached $149.54 billion in the first quarter, up 10.6 percent from the same period last year, the Ministry of Commerce (MOC) said on Friday.

Chengdu to build second airport

2015-05-15 11:37:59

The southwestern Chinese city of Chengdu is to build a second airport to meet the growing air travel demand.

A pioneering step on opening China's taxi market

2015-05-15 10:55:37

The eastern Chinese city of Yiwu announced it would gradually give up quotas for taxi numbers, vowing to support Uber-like taxi-hailing apps on Wednesday.

Grain listing in shape with COFCO, CIC venture

2015-05-15 09:53:23

COFCO Corp is setting up a joint venture with sovereign wealth fund China Investment Corp, in preparation of a full listing for its recently acquired grain, oil and sugar assets.

C919's test flight could be delayed till next year

2015-05-15 09:18:52

The maiden test flight of China's first domestic large commercial jetliner the C919, originally planned for this year, may be postponed until 2016.

M&A activity in Israel shifts beyond high tech

2015-05-15 09:17:21

When one of China's biggest food companies was looking to boost its dairy output it turned to Israel's tiny market, paying about $1.1 billion for control of the country's largest food maker.

China's April power consumption up 1.3%

2015-05-15 09:08:35

China's electricity consumption rose 1.3 percent year on year in April, reaching 441.5 billion kilowatt hours (kwh), the National Energy Administration said on Thursday.

Coating firms hit by realty downturn

2015-05-15 08:17:20

The coating industry faces overcapacity and excessive inventories as the property market stagnates after years of prosperity.

Painting a brighter future for green growth

2015-05-15 07:50:34

Even as some foreign enterprises are searching for greener pastures to offset lower economic growth, rising labor costs and higher expenditure on environmentally friendly plants in China.

Scotland offers blueprint for national golf success

2015-05-15 07:37:25

Growing up in Scotland, I hit my first golf balls on what we called back then a "corporation" course.

Bankers tempted by lucrative prospects of Internet finance

2015-05-15 07:37:03

Top executives are being lured away from State-owned banks by Internet companies and privately owned lenders with the promise of higher pay and career advancement.

Bars no barrier for tycoon to rake in profits

2015-05-15 07:33:13

Being behind bars has not stopped the founder of a Chinese appliance seller from booking gains approaching $1 billion in Hong Kong's surging stock market.