China's wind power companies expect to see little impact from the recent news that the country will end industry subsidies because of the investigation launched seven months ago following complaints from US manufacturers.
Gao Shan, the owner of a private coal mine and a property company, had no idea what private equity (PE) was until a local fund manager approached him earlier this year with an investment proposal promising a 10-fold return within three years.
The Chinese Ministry of Finance (MOF) on Tuesday said it had added 1.2 billion yuan ($182.65 million) to help five regions along the middle and lower reaches of the Yangtze River make a success of disaster relief work.
I was feeling revved up after I read in METRO that people who buy electric cars, or e-cars, will be able to take a detour around the city's license plate lottery. What a breath of fresh air the idea is.
In a concealed office on one of Beijing's oldest residential streets, some young entrepreneurs sit in a hutong courtyard house tapping away at computers as they delve into the secret lives of China's rising generation.
Jia Kang, director of the Research Institute for Fiscal Science under the Ministry of Finance, said in an article he co-authored that a proposal to increase the minimum income tax threshold to 3,000 yuan is enough to offset the recent round of inflation.
Engineering companies ABB Ltd and Schneider Electric are among second-round bidders for a private equity-owned China cleantech asset that could fetch as much as $700 million, three sources with direct knowledge of the matter said.
A major drug maker in Northeast China stands accused of seriously polluting its environs and of violating regulations that set limits on discharges of pollutants, CCTV, the State broadcaster, reported on Sunday.