Reebonz raises $40 million in new capital
2013-05-23 16:35:46
Reebonz, a flash sales site dealing in high-end designer brands, raised $40 million in new investment funds from MediaCorp, one of Singapore’s largest media companies.
Tong Ren Tang’s mercury storm continues
2013-05-23 15:25:40
More products by Tong Ren Tang, a time-honored traditional Chinese medicine company, were found to contain excessive mercury.
Marine-based economy on wave of growth
2013-05-21 15:24:42
China's marine-based economy exceeded 5 trillion yuan ($820 billion) last year, accounting for 9.6 percent of the national economy.
UBS downgrades GDP growth
2013-05-21 14:47:45
UBS downgraded China's GDP growth forecast from 8 percent to 7.7 percent in 2013 and 7.8 percent in 2014, the investment bank said.
Developers rush to senior housing projects
2013-05-21 14:38:36
Sinohydro Real Estate announced last Thursday an investment of 8 billion yuan ($970 million) in a housing project for seniors in Chongqing.
A glance at the Central China Expo 2013
2013-05-21 11:09:21
Here are some photo shots at the Central China Expo 2013, a three-day event that ended Monday in Zhengzhou, Henan province, May 18, 2013.
Yiwu to expand personal cross-border RMB settlement
2013-05-17 17:43:36
A pilot scheme has been established in Yiwu City, Zhejiang province, for promoting personal cross-border RMB settlement.A mobilization meeting will be held to further expand this scheme nationwide at the end of May.
Joint development between CAE and NAE
2013-05-17 15:13:33
A workshop between the Chinese Academy of Engineering (CAE) and the National Academy of Engineering (NAE) of the United States was held in Beijing on Wednesday to discuss leading edge science.
Shanghai bottom of GDP growth rate rankings
2013-05-16 17:12:47
YunnanandGuizhouprovinces ledChina’s GDP growth in the first quarter, whileShanghaiwas at the bottom among 31 provinces and autonomous regions.
Airport construction should be linked to demand
2013-05-15 17:41:34
Experts say airport construction, especially projects in the central and eastern regions, should be closely linked with market demand as many airports are showing losses.
IT companies think beyond outsourced work
2013-05-15 15:09:02
Today, Chinese IT companies are no longer satisfied with the tedious and labor-intensive coding work but are bidding for core, sophisticated projects from multinational companies.