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Business - People's Daily Online

China's patent applications up 30% this year

China is now ranked 5th worldwide for the number of patent applications after seeing 30 percent increase from the previous year, according to the statistics on 2009 patent applications released by the World...

Wuhan Iron and Steel acquires shares of Bong Iron Ore Mine

Wuhan Iron and Steel and the China-Africa Development Fund (CADF) signed an agreement on the transfer of the CADF's stake in the Bong Iron Ore Mine as well as the "Strategic Cooperation...

Ministry of Commerce: Foreign trade more balanced in 2010

The effects of imports expansion will be more apparent and import and export trade will be more balanced in 2010, said Yao Jian, spokesman of Chinese Ministry of Commerce on Tuesday. The...

Consumer complaints hit new high in 2009

More than 223,000 Chinese consumers filed complaints on consumer electronics last year, almost double the record in 2008, according to a survey released by www.315ts.net under the China Electronic Chamber of Commerce (CECC)....

City lenders on fundraising trail

City banks may introduce more strategic investors or raise funds from the capital markets through initial public offerings to better manage their loan concentration and credit risks, sources familiar with the matter told...

Chinese shares open mixed on Tuesday

Chinese equities opened mixed on Tuesday, with the benchmark Shanghai Composite Index down 0.08 percent to open at 2,974.49 points. The Shenzhen Component Index edged up 0.24 percent to 11,931.32 points at the...

Foreign Direct Investment in China up nearly 5% in Jan-Feb

In the first two months of 2010, China's Foreign Direct Investment (FDI) increased nearly 5 percent from the previous year to more than 14 billion U.S. dollars, said China's Ministry of Commerce (MOFCOM)...

Audio: A Consumer Economy Poised to Drive China's Growth

&$ &$ &$ Corey Lien &$ During the past decade, the engine of global economic growth was the US consumer. China's economy grew largely by supplying exports to the...

Ford employees optimistic about future: survey

Ford Motor Co.'s latest internal employee survey shows employees' confidence in the company's future has reached an all-time high, according to Ford's latest quarterly report. "It's a very positive reflection of employee confidence...

Ford employees optimistic about future: survey

Ford Motor Co.'s latest internal employee survey shows employees' confidence in the company's future has reached an all-time high, according to Ford's latest quarterly report. "It's a very positive reflection of employee confidence...

China - People's Daily Online

Man commits suicide after killing mother in SW China

A man killed himself after killing his mother Tuesday in southwest China's Chongqing Municipality, said the local public security department. The man, 35, jumped off a building at Huangjue Park, a residential community...

Shanghai's new airport terminal starts operation

A new airport terminal in Shanghai started operation Tuesday ahead of the opening of the Shanghai World Expo amid the city's efforts to build a "world-class" traffic hub. &$ ...

EU launches reconstruction program with China

Bamboo is being used in the post-quake reconstruction in China's Sichuan province. The EU launched a reconstruction program with quake-hit Sichuan on Tuesday in Beijing. EU will inject 1.9 million euros to work...