The Ministry of Housing and Urban-Rural Development's (MOHURD) Department of Village and Township Construction set plans to provide subsidies for energy-saving building materials, the Shanghai Securities News reported Monday.
An executive from Great Wall Motor Co Ltd said his company is engaged in discussion with Tata Motor's Jaguar and Land Rover unit. The two companies may cooperate on business in the future, the China Business News reported.
An Internet oligopoly is forming among Chinese Internet enterprises, with Baidu Inc, Tencent Hodingd, Ltd, and Alibaba Holding Group, Ltd, taking up 70 percent of the total market value of all listed Internet companies in China, the Chinese finance website Hexun reported Friday, citing a research report on Internet monopoly released by Chinalabs, a Beijing-based Internet research company, on Thursday.
Buildings that were supposed to bring relief to earthquake victims in Yao'an county, Southwest China's Yunnan province will be demolished and reconstructed as soon as possible, Yunnan Info Daily reported on Friday.