Biz Updates

China, UNECE to boost PPP cooperation

2016-01-21

China's economic planner has signed a deal with the United Nations Economic Commission for Europe to boost public-private-partnership cooperation.
Large high-tech companies expected to grow output value by 8 percent a year

2016-01-14

The output value of high-tech products made in scale-designated companies in Guangzhou, the capital of Guangdong province, is expected to grow by 8 percent year-on-year to 860 billion yuan ($130.5 billion) in 2015, thanks to increased investment in technology research and development, according to the local government.
Cross-border online business set to pick up with new zones

2016-01-13

The cross-border e-commerce industry is set to scale new heights with Shenzhen, Guangzhou, Shanghai and nine other mainland cities joining Hangzhou in setting up comprehensive e-commerce pilot zones.
Auto sales hit record in 2015, but growth slows down

2016-01-13

Vehicle sales in China, the world's largest car market, surged to a record 24.6 million units last year, but at a much lower growth rate, as demand waned due to uncertain economic conditions.
Sina to broadcast Manchester Utd's TV channel in China

2016-01-12

Sina Sports, the online sports content division of Internet giant Sina Corp, has reached a long-term deal with Manchester United to provide the English Premier League giant's video content to Chinese soccer fans.
Sales surge in Guangzhou's residential real estate

2016-01-07

The residential real estate market in Guangzhou, the capital of Guangdong province, surged in sales volume in 2015 thanks to a series of government policies to support the market development, according to an industrial report.
Vanke says progress in revamp but halt in trading to continue

2016-01-05

China Vanke announced late Monday that its asset revamp plan has been progressing as expected but it will continue to halt trading in the stock markets as uncertainty remains.
China Southern, Virgin America to code-share

2016-01-05

China Southern Airlines and Virgin America have signed a code-sharing agreement to ease travel for passengers flying the two airlines.

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