China will have 42 gigawatts (gW) of nuclear capacity by 2015, equal to 3 percent of total installed power capacity
China may hold a second and possibly a third auction of shale-gas blocks by the end of this year in an bid to accelerate the pace of exploration and development of the fuel
Spring Airlines Co Ltd, China's only budget carrier, is set to establish a subsidiary in Japan as part of its efforts to explore international markets. Preparatory work is currently under way.
China Citic Bank said on Monday its first-half net profits climbed 40.61 percent year-on-year to 15.02 billion yuan ($2.35 billion).
According to Barrenechea, SGI will purchase about $200 million in computer components from China in the next 12 months, accounting for half of its global purchases.
Some experts said Chinese companies can return to Libya to participate in post-war reconstruction.
The previous regulation said the tax will be charged at a rate of 3 percent of the evaluated price of the transferee's share of the property.
Binchuan Metals Co has had weekly power blackouts this summer and uses 2,000 liters of diesel every month to fuel its own generators. "This adds to our costs," said the head of its administrative department, surnamed Tang.
Local governments are unlikely to default on their debt, although some might face liquidity risks in repaying debts in the short term, economists said.
Bank of America (BOA) announced Monday to sell roughly 13.1 billion common shares of China Construction Bank Corporation (CCB) to generate approximately $8.3 billion.
Among the 16 banking stocks, the majority reported a fall greater than the 1.37 percent decline registered by the Shanghai Composite Index.
China's remarkable economic achievements of the past decade are transforming people's daily lives. Most Chinese have more social occasions and entertainment options today than they did 10 or more years ago.