Full steam ahead for high-speed rail patents overseas

2011-06-28 15:05:16

China's railway sector will stick to its strategy to explore high-speed rail markets overseas, a railway ministry spokesman said.

Sino-UK trade set to boom, say experts

2011-06-28 15:04:16

China and the United Kingdom will see bilateral trade and mutual investment boom in the coming years, experts and officials are predicting.

Billion-dollar deals to be inked in Germany

2011-06-28 14:43:28

China and Germany are set to sign multi-billion-dollar cooperation deals on Tuesday while visiting Premier Wen Jiabao holds "government consultations" with Chancellor Angela Merkel.

Cost cuts to continue for central government

2011-06-28 14:20:22

China continued to rein in the cost of keeping its central government running in 2010, taking another step toward building an economical government, said a report filed by the country's top auditor.

China vows to promote trade ties with Germany

2011-06-28 14:19:46

Chinese Commerce Minister Chen Deming agreed to further expand bilateral trade between China and Germany during his meeting with German Economy Minister Philipp Roesler on Monday.

Sino-Russian deal possible

2011-06-28 13:42:12

The State Grid is considering investing in power stations in border areas to facilitate power transmission from Russia to China, in collaboration with Russian companies, an industry insider said.

Local govts run up huge debts

2011-06-28 13:24:32

Local governments had an overall debt of 10.7 trillion yuan ($1.65 trillion) by the end of 2010, said China's top auditor on Monday in a report to the National People's Congress.

Chinese shoppers feel at home in UK stores

2011-06-28 13:40:01

Department stores and high-end retailers in the British capital have seen a heartening rise in sales to Chinese tourists this year, something that experts believe was boosted by the installation of China UnionPay terminals.

Ministry stands firm on minimum taxation threshold

2011-06-28 13:32:09

The Ministry of Finance seems determined to stick with its proposed personal income tax threshold, despite repeated calls from the public to raise the minimum level and reduce the tax burden amid rising prices.

Volumes set to rise at Shanghai Port

2011-06-28 10:41:34

Shanghai port, the world's busiest for containers, expects business volumes to rise about 10 percent annually for the next five years. That will come as manufacturers open plants in western and inland China in search of lower-cost labor.

China signs $4.3b deals with UK

2011-06-28 09:15:26

Trade deals worth $4.3 billion, including a $2.46 billion agreement on building a "clean coal" plant between China Energy Conservation and Environmental Protection Group and British Seamwell International Ltd, were signed as Premier Wen Jiabao met British Prime Minister David Cameron on Monday.

Tencent game on diversification

2011-06-28 10:20:33

Tencent Holdings Ltd, the world's third-largest Internet firm, aims to be China's Facebook, Twitter and Google, all rolled into one.