China's moves to further ease foreign investment policies will open doors in some monopoly sectors this year while prohibiting local governments from curbing foreign companies, experts said. Their comments came after the State Council ...
As both exports and imports failed to meet early forecasts, China foreign trade decreased to 2.05 trillion yuan (US$307.2 billion) in October, down 0.6 percent from the same period last year, Customs data showed on Tuesday. China's ...
Tags: foreign trade, trade surplus
Major Chinese State-owned enterprises have launched the nation's largest private equity fund, worth 350 billion yuan ($52.5 billion), to finance SOE restructuring as part of China's efforts to advance supply-side reform. The money will be ...
Tags: Giant SOEs, nation fund
Chinese companies are widely considered as the forerunner for the proposed high-speed railway project linking the Malaysian capital Kuala Lumpur and Singapore, a local media reported on Sunday. A series of recent investment by Chinese ...
Tags: High-Speed Rail, light rail
Investment in China's railways in 2015 is still growing despite an economic slowdown. China spent 820 billion yuan (126 billion U.S. dollars) on rail projects in 2015 and put more than 9,000 kilometers of new track into operation, meeting ...
Tags: Railway, Investment
China's leading rail producer, the China Railway Construction Corporation, has signed agreements with the west African countries of Senegal and Mali to renovate a rail line linking the two countries. The project itself is worth around 2.7 ...
Tags: CRCC, West Africa Rail Line
Chinese Premier Li Keqiang shakes hands with Kazakh Prime Minister Karim Masimov at the Great Hall of the People in Beijing on December 14, 2015. [Photo: Xinhua] Premier Li Keqiang held talks with his Kazakh counterpart Karim Massimov in ...
Hu Kaihong: Good morning, ladies and gentlemen. Welcome to the news briefing held by the State Council Information Office. The Johannesburg Summit and the Sixth Ministerial Conference of the Forum on China-Africa Cooperation ("FOCAC") will ...
China International Contractors Association(CICA) and Germany International Cooperation Institution GIZ jointly held an international workshop on Companies’ Sustainable Development in the Context of “Belt and Road” ...
Tags: Belt and Road, contracted projects, Sustainable Development
Premier Li Keqiang has encouraged State-owned enterprises to play a key role in the drive by the nation's industries to "go global", and make the most of their financial and technological advantages as they step up their international ...
Tags: nation's industries, economy
China has become a world leader in high-speed railway technology with its development of a cutting-edge permanent magnet synchronous traction system that will take bullet trains to an ultrafast 500 kilometers per hour. The advanced ...
Tags: high-speed railway, CRRC Corp
China Railway launched its e-commerce website, 95306.cn, Wednesday. The website offers services including freight logistics and bulk commodity trade. It aims to establish itself as a platform for business information exchange and product ...
Tags: China Railway, e-commerce website
China's two largest trainmakers, CSR Corp and CNR Corp, inched one step closer to their impending merger after getting necessary approvals from overseas antitrust authorities, according to company announcements on Wednesday. The merger ...
Tags: CSR Corp, CNR Corp, trainmakers
Chinese high-speed train companies are eyeing more contracts in overseas markets. "The US will be the next strategic focus for us, after successfully winning the Boston contract," Yu Weiping, vice-president of China CNR Corp, told China ...
Tags: high-speed train, overseas markets
Chinese steel company Hebei Iron and Steel Group has announced that it has signed a strategic cooperation agreement for 2014 with 49 major customers including China Minmetals, China Railway Construction Corporation, China Railway Materials. ...
Tags: Hebei Steel, Iron, Steel