United Parcel Service (UPS), the world's largest package delivery company, will open a new branch in Zhengzhou, the capital of central China's Henan province, according to a memorandum of understanding (MOU) signed with the local government.
China Power Investment Corp will invest more than $11 billion in its power, coal and coal chemistry sectors in the Xinjiang Uygur autonomous region.
Bank of China Ltd, one of China's four major state-owned banks, announced Wednesday that its net profit jumped 27.86 percent year-on-year to 66.51 billion yuan ($10.39 billion) in the first half of 2011.
China's Ministry of Commerce said Wednesday it will try to formally green light foreign direct investment in the Chinese currency renminbi in September.
China might further open up its seed market to foreign companies, with the Ministry of Commerce and the Ministry of Agriculture studying the market shares and development of these companies, said an official close to the matter.
China's trade surplus fell to 1.44 percent of the country's gross domestic product (GDP) in the year's first half and the proportion is expected to drop further this year, the Ministry of Commerce said Wednesday.
Two major food companies said that they are facing mounting pressure from rising raw material prices which are eroding profits.
China Telecom Corp, the country's biggest fixed-line carrier, reported that second-quarter profit rose 12 percent as its mobile-phone unit increased the subscriber base by almost half.
China for the first time has passed the US to become the world's biggest personal-computer market, highlighting the growing importance of the country.
With the globalization of China's economy and the blending of foreign companies and local culture, more businesses are looking for key employees who understand modern management methods.
China's environmental authorities are mulling over stiff new emissions standards for thermal power plants amid concerns that they may increase costs and lead to more losses.
The country's top court plans to improve rules and regulations to better handle rising disputes over marine pollution, a senior judge has said.