Lenovo's net profit grew 25 percent year-over-year in the first quarter as the Chinese company continued to make gains in the PC and smartphone markets.? During the period ended 31st March, Lenovo's net profit reached US$158 million, up ...
Tags: Lenovo, IT, Computer Products, Smartphones, PC
Russia's president, Vladimir Putin, is set to put his problems with Europe behind him for a few days on a visit to Beijing. Putin hopes to return to Moscow with a slew of energy deals, including a pipeline gas supply deal with China for ...
Tags: Russia, Mega-Gas Supply
Beijing bureaucrats are all exhausted just by chasing a sputtering economy and trying to keep it moving. Some fine-tuning here, a bit of state spending there – all with the aim of meeting a GDP growth target. But if they want to stop ...
Tags: Economy Reform, China Economy
German automaker Mercedes-Benz has started production of its C-Class sedan vehicles at East London plant in South Africa. The move represents second of the four locations that started production of the highest volume Mercedes-Benz ...
Tags: Mercedes-Benz, C-Class Sedan
Liaoning Province-based Chinese steelmaker Dongbei Special Steel Group Co. has announced that on May 19 it plans to issue its first short-term bonds in the current year, worth a total of RMB 700 million ($114 million) and for a term of 365 ...
Tags: Special Steel, steelmaker
Chinese steelmaker Shandong Iron and Steel Group (Shandong Steel) has announced that on May 16 it plans to issue short-term bonds worth RMB 300 million ($49 million) for a term of 365 days, in its third short-term bond issue in the current ...
Tags: Shandong Steel, Iron, Steel
Academic research and high-end product novelties Already today there are specific fields where China can pride itself of being in the top league of the world’s innovators. The quality and activity of Chinese academic and industrial ...
Tags: Innovation, China, Focus Vision, China Culture, Chinese Innovation Models
China has set out on a significant transformation process from being "the workbench of the world" to becoming a modern society underpinned by a progressive economy. No wonder the term "innovation" is echoing from government institutions and ...
Tags: Innovation, China, Focus Vision, China Culture, Innovation in China
China's latest five-year plan promises to shift the economy from its dependence on exports toward domestic consumption as an engine of growth. The key to achieving this will be for the nation to enhance the ability of its economy to ...
Tags: Innovation, China, Focus Vision, China Culture
The 15th China International Natural Gas Auto and Refilling Equipment Show was held in Beijing on May 7th, 2014. Beiben Trucks Brought their new V3M natural gas heavy truck to join the show. The grand driving cabin and appearance attracts ...
Tags: Transportation, Auto Parts, Truck
On May 4, 2014, China largest engine maker Weichai Power signed new round of strategic cooperation with China biggest commercial vehicle maker Foton Motors in Foton Daimler heavy truck plant in Huairou, Beijing. According to the ...
Tags: Foton, Heavy Truck, Weichai Engine
China’s manufacturing contracted in April for the fourth straight month but the pace of decline was less severe, suggesting the downturn in the world’s No. 2 economy is bottoming out. HSBC’s purchasing managers’ ...
Jiangsu Province-based Chinese steelmaker Shagang Iron and Steel Co. has announced that it will issue its first set of short-term bonds in the current year on May 8, worth a total of RMB 2 billion ($326 million), for a term of 365 days. ...
Tags: steelmaker, Iron, Steel
China's Jiuquan Iron & Steel has cut its high carbon ferrochrome purchase price by Yuan 100/mt ($16/mt) on the month to Yuan 6,500/mt (80 cents/lb), including 17% VAT, for May deliveries, industry sources said Monday. The drop was larger ...
Tags: Jiuquan Steel, Ferrochrome
In April this year, the average price of new residential housing in 100 major cities in China rose by 0.1 percent month on month to RMB 11,013 ($1,796.6) per square meter, as announced by the China Index Academy, a Beijing-based real estate ...