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China's leading Internet company Shanda Interactive Entertainment aims to buy more digital entertainment platforms and game content developers to diversify its revenue stream. Shanda, which spun off its online games unit Shanda Games in September, is keen to use its $1.6 billion cash pile on more acquisitions, company executives told investors in a confe...
China will be consistently active in pushing forward the Doha Round talks and speaking out strongly against trade protectionism amid the financial crisis, said Minister of Commerce Chen Deming yesterday. The minister made the statement during the seventh WTO Ministerial Conference held in Geneva. It is the first ministerial conference in four years, where...
SouFun Holdings, China's largest real estate website, is striving for an initial public offering (IPO) in the US capital market in the first half of 2010, sources told China Daily yesterday. "As the property market revives and market competition intensifies, a public listing is a must now, and we will try to make it done in the first six months of next y...
When Chongqing police busted a gang that processed and resold nearly 800 tons of illegal edible salt in a year, it only hinted toward the corruption that plagues the domestic salt industry functioning in an imperfect legal system, officials have said. Of the 10 accused who stood trial in the southwest municipality on Nov 5, Xu Shouhua and Tan Zhengbing, t...
China is aiming to cut its reliance on manufacturing and boost its services trade to facilitate domestic economic restructuring going into the post-crisis world market. Trade in goods, which mainly generates from labor-intensive manufacturing industries and accounts for about 90 percent of the country's total trade, has caused an imbalance in trade struc...
Nongfu Spring, China's leading producer of bottled water and beverages, was cleared by the national quality watchdog of charges that its products contain high-level of arsenic, the Haikou municipal bureau of industry and commerce said Tuesday. Products of Nongfu Spring Co and Uni-President Co had been tested qualified by the testing center of the Chinese...
China announced Wednesday a regulation to standardize and encourage the establishment of joint venture enterprises by overseas investors. According to the regulation, which will take effect from March next year, the government is to encourage overseas investors with advanced technology and management experience to set up joint ventures in an effort to pro...
An online store devoted to promoting historic Beijing brands sells everything from Peking Roast Ducks to traditional Chinese medicine (TCM), and probably can have it all delivered, as well. Laozihao Eshop (lzheshop.cn) sells goods from 108 historic Beijing brands and 45 enterprises that were established as long as 100 years ago. Food makes up 80 percent o...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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