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Baosteel Group, China''s largest steel producer, will follow other steel giants in cutting its output in December due to sagging demand and falling steel prices, the China Securities Journal reported
As of Sunday, around 130 Chinese milk producers remained closed as a result of the melamine-tainted dairy scandal, said the Ministry of Industry and Information Technology (MIIT) here on Wednesday.
The State Grid Corp. of China (SGCC) on Wednesday announced that is to allocate an extra 2.73 billion yuan (399.7 million U.S. dollars) to its scheduled budget this year on electricity grid equipment
China''s oil refiners suffered losses of more than 120 billion yuan (17.58 billion U.S. dollars) in the first nine months, says the China Petroleum and Chemical Industry Association (CPCIA).
Half of the autumn harvest from China''s largest cotton plantation area of Xinjiang Uygur Autonomous Region remains unsold.
Rui Dongyang, general manager of China''s Guangzhou Zhiguang Electric Co., Ltd, told Xinhua on Thursday that the current financial turmoil did not cast serious impacts on the domestic energy-saving
Industrial enterprises each with an annual sales income of at least 5 million yuan (733,138 U.S. dollars) in the Chinese mainland posted a year-on-year growth rate of 14.4 percent in value-added
The Hong Kong Tourism Board (HKTB) on Thursday launches its "Meetings and Exhibitions Hong Kong" (MEHK) office, as the first step in a series of measures to ensure that Hong Kong stays ahead of the
China''s leaders had initially said the crisis would not cause too much harm to the Chinese economy.
China''s industrial output has slipped to a seven year low as the global economic slowdown continues to batter the world''s fourth largest economy, eroding demand for Chinese exports and causing
China has a bespectacled population of about 300 million. If people replace their glasses once every three years, there''s an annual demand for 100 million pairs. Demand for fashion eyewear such as
China, Japan and South Korea will establish an organization to monitor financial institutions, in a bid to limit the negative effect brought by the global economic turmoil and stabilize Asia''s
Xu Shaoshi, Minister of Land and Resources, stressed recently that stringent control on land use will be exercised in accordance with the principle of "well-defined property right, control over use,
State-owned textile mills in Liaoning province, one of the oldest industrial bases in northeast China, saw a total profit of 21 million yuan (2,530,120 US dollars) last year, putting an end to the
It is reported that Chinas shipbuilding industry has been facing tough market conditions in the second half of this year. To handle the problem, the Ministry of Industry and Information Technology has
China on Monday launched a 150 percent special export tariff on nitrogenous fertilizer and synthetic ammonia, a move to satisfy domestic demand, according tothe customs tariff commission (CTC) of the
China is raising tax rebates for certain exports to help producers cope with smaller profit margins as a result of slacking market demand, the yuan''s appreciation and rising production costs.
Canadian exporters are increasingly feeling the heat as China''s economy slows under the weight of a global economic downturn and a financial crisis makes it harder for importers to obtain letters of
The World Trade Organisation on Friday said it had ruled against China in a complaint brought by the United States over Chinese import tariffs on car parts.
The ceramics industry in the Guangdong province city of Foshan was once a thriving business in the early days of China''s reform, but the good times are over and it''s being forced to recast itself.