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The ChiNext Index fell on Tuesday as only one out of the 28 shares at China's start-up board for small and medium-sized enterprises was up. The board, which is based in Shenzhen and started trading on Oct 30, 2009, is tailored to the needs of enterprises engaged in independent innovation and other enterprises with great growth potential. Source: BizChi...
An official of China's State Administration of Radio, Film and Television said in Xiamen in east China's Fujian province onTuesday that it would enforce the eradication of unlicensed websites offering online videos. Tian Jin, deputy director of the administration, said at a forum on online media that the move would secure the healthy development o...
The Shanghai version of the Magic Kingdom will be located at the Chuansha town of Pudong New Area, covering 116 hectares, according to the theme park's final plans announced on the National Development and Reform Commission website yesterday. The Disneyland project, which will be jointly developed by Chinese and United States companies, will include an a...
Far East Golden Resources Group Ltd, headed by Yang Rong, who fled China in 2002, is seeking 66 billion yuan to build hybrid cars in the country, a sum about 44-times its market capitalization. Three China-listed companies have agreed to back the plan, and Far East is also in talks with private-equity firms, Yang, also known as Yeung Yung, told reporters ...
Energy analysts have blamed the country's "monopolistic natural gas market" for one of the most serious gas shortages in decades, made worse by high gas consumption amid freezing temperatures and snowstorms in the south. "The lack of a competitive mechanism in China's gas market has given major gas suppliers few incentives to expand gas output at curren...
Baosteel Group, China's leading steelmaker, announced on Monday its acquisition of 15 percent stake in Aquila Resources, an Australian iron ore and coal company. The A$286 million ($265 million) has made Baosteel the second largest shareholder of Aquila, said the Chinese company based in Shanghai. The transaction is an important strategy for Baosteel'...
China State Construction Engineering Corp, the largest contractor in China, has bagged a subway ventilation project worth about $100 million in New York's Manhattan area, marking the construction giant's third order in the United States' infrastructure space this year. The contract was given to China Construction American Co, a subsidiary, the Wall Str...
A French Futuroscope theme park is expected to be built in central China's Hubei province, said local authorities on Sunday. According to a letter of intent on cooperation, signed in Wuhan on Saturday between the provincial capital Wuhan and the French company, Futuroscope intents to invest 180 million euros($ 268.2 million) on the project. The project...
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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