Smart leads the charge

2011-07-21 10:45:40

China has been the third-largest market for the smart brand of micro-cars by Mercedes-Benz, presenting great potential to be the No 1 market for the German automaker in the near future, said company executives.

Discovering what drivers want in their automobiles

2011-07-21 11:33:50

Despite rising prices for essential goods and fuel, the Chinese desire to own a car is as strong as ever, The Nielsen Company said in a recent study.

Remote island opened to tourists

2011-07-21 11:28:53

Heixiazi Island, a border island linking China and Russia, opened as a resort destination for Chinese tourists on Wednesday as part of an experiment to see if that change will prove mutually beneficial to the tourism industries in both countries.

Car license plate winners delay purchases

2011-07-21 11:24:47

Li Chenguang does not rush decisions like buying a new car. After being named a winner in the capital's so-called license-plate lottery, he has spent months researching makes and models.

New traffic plan to hit car owners

2011-07-21 11:16:08

Private car owners might have to accept higher charges as the city's traffic authority plans to further improve public transport and reduce the use of vehicles to ease traffic congestion.

IMF delivers critical report of China's economy

2011-07-21 14:08:26

The International Monetary Fund predicted on Wednesday that China will continue to drive global economic development with an estimated GDP growth rate of 9.6 percent this year.

Analysts see stocks' outlook getting better

2011-07-21 10:18:35

Chinese government measures to curb property-price gains and tame inflation are "at or close to the peak," bolstering the outlook for stocks, according to JP Morgan Asset Management.

Nielsen seeks demand on a 'watch and buy' basis

2011-07-21 10:28:21

The mission of David Calhoun, chief executive officer of The Nielsen Company, one of the world's leading suppliers of marketing and media information, TV ratings, online intelligence and cell phone data, is to measure the world in a "watch and buy" way.

Kweichow Moutai expects 15% production rise

2011-07-21 10:04:22

China Kweichow Moutai Distillery Co, the parent of the world's second-largest listed distiller by market capitalization, forecast a 15 percent increase in output this year as the country's rising incomes boost alcohol demand.

Nations clamp down on resources

2011-07-21 10:32:45

As the world economy recovers, the battle for commodities will intensify.

Shares fall on concerns about interest rates

2011-07-21 09:14:01

Stocks on the Chinese mainland fell, sending the benchmark index to the lowest level in a week, on speculation the central bank may keep raising interest rates and tightening policies will slow economic growth and curb commodities demand.

Lenovo to sell android-powered tablets in US

2011-07-21 09:35:47

Lenovo Group Ltd, China's biggest maker of personal computers, will start sales of two new tablet devices in the US to compete in a market dominated by Apple Inc's iPad.