China's industrial output is likely to grow around 6 percent in the coming year. The Ministry of Industry and Information Technology also predicted the same pace for the current year. Meanwhile, the ministry also said the number of 4G ...
Tags: Industrial Output
China's economy has entered a "new normal" and those fretting over disappointing data in traditional sectors, will have to adapt. The structure of China's economy has changed and traditional measurements, including GDP growth and ...
Tags: economy, new Normal
Northwest China's Xinjiang Uygur Autonomous Region has produced more than 30 billion cubic meters of natural gas this year, ranking second in the country following Shaanxi Province. According to the latest statistics from the region's ...
Tags: Natural Gas
Chinese stocks tumbled for the second straight session Thursday led by brokerages and the coal sector. The benchmark Shanghai Composite Index dropped 0.65 percent to close at 3,612.49 points. The Shenzhen index lost 0.58 percent to finish ...
Tags: Shares, Brokerages
International industry experts say China's property market needs more government support if excess stock in the housing sector is to be reduced. Experts say much residential housing has left empty over the past few years, creating a major ...
Tags: Property Sector, Excessive Supply
Leading company in chemicals Stahl joined forces with Rinspeed, the creative think-tank and mobility lab for the automotive industry. The result is a 'driverless car' with a futuristic and sustainable car interior featuring eye-catching ...
Swiss food company Nestle has committed to use only cage-free eggs for its US food products by 2020. With this decision, the packaged food company has joined companies like Kellogg, McDonalds, Subway and Dunkin' Donuts, who have already ...
Tags: Nestle, cage-free eggs, Food
China will continue to actively destock its massive property inventory over concerns that the ailing housing market could derail the economy. Along with cutting overcapacity and tackling debt, destocking will be a major task in 2016, ...
Saudi King Salman bin Abdulaziz Al Saud on Wednesday stressed that the kingdom has not been affected by the current drop in oil prices due to years of money reserve, Saudi Press Agency (SPA) reported. During the past years, money kept ...
Tags: Saudi King, current drop in oil
Uber has announced a partnership with a major Chinese auto maker. The San Francisco-based company says it will work with Guangzhou Automobile Group in areas including investment, sales, marketing and promoting new energy vehicles. Terms ...
Tags: Uber, Guangzhou Automobile Group
Cooke Seafood Group has initiated an offer to acquire Uruguayan seafood company Fripur S.A. Cooke's exclusive investment banking advisor for the deal is Antarctica Advisors. The acquisition offer was in line with the Court's ...
Tags: Cooke Seafood Group, Fripur S.A., Food
Panasonic Corporation’s Automotive & Industrial Systems Company will launch a production line for heat-resistant phenolic molding compounds for use in automotive parts at Panasonic Manufacturing Ayutthaya (PMFAT). Full-scale ...
Tags: Panasonic Corporation, heat-resistant phenolic molding compounds, Auto
Panasonic Corporation has acquired Hussmann Corporation, a Missouri-based manufacturer of refrigerated display cases and systems. Panasonic has signed an agreement with Hussmann Parent Inc., the Delaware-based parent of Hussmann, and ...
Blumberg Grain, a US-based food security company, opened its command and control center, as part of the government of Egypt's Shouna Development Project. The launch, which was attended by VIP guests and dignitaries, took place onsite at ...
Tags: Blumberg Grain, a US-based food security company, Agriculture
China's top think tank predicts that China will see its economic growth post between 6.6 and 6.8 percent in the coming year. The number comes ahead of a major economic conference this week, during which authorities are to evaluate the ...
Tags: China's Top Think Tank, Growth