BEIJING The green energy car subsidiary of Chinese automaker Beijing Automotive Group [BEJINS.UL] plans an initial public offering in 2018, Chairman Xu Heyi said on Monday, adding that the unit should be profitable that year.…
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Beijing Auto's new energy unit plans IPO in 2018: group chairman
China has aggressively promoted battery electric and plug-in hybrid cars, including spending billions of dollars in subsidies, in an effort to cut heavy urban smog and promote technological innovation in its auto sector. Xu said…
China's telecom firms to end roaming fees, offer corporate pricing incentives in network push
China Telecommunications Corp, China Mobile Communications Corp [CHNMC.UL] and China United Network Communications Group Ltd [CHNUT.UL] will end inter-province roaming fees by October, the chairmen of the three firms told reporters in Beijing on Monday.…
Interview: China's science and technology sector on the rise: expert
SYDNEY, March 6 (Xinhua) — China’s science and technology sector has been surging forward rapidly over the past decade, according to a leading Australian scientist. Professor Andrew Dempster, director of the Australian Centre for Space…
China's premier says cities pressured by rising prices need to boost land supply
China is looking to keep the property market stable this year after prices of new homes soared 12.4 percent last year, the most since 2011. Local authorities in more than 20 cities have introduced curbs…
China finance ministry releases $151 billion defense budget
BEIJING (AP) — China’s finance ministry said Sunday that the country’s defense budget this year will top 1 trillion yuan ($145 billion) for the first time, after the exact figure was initially kept out of…
De Beers fights fakes with technology as China’s lab-grown diamonds threaten viability of the real gems
The spread of synthetic diamonds in China, originally designed for industrial purposes such as oil drilling, is posing such a threat to the global diamond market that it has forced dominant player De Beers to…
China cuts growth target to 6.5% this year – Premier Li Keqiang
The scrapping of China’s national mobile telephone roaming charges was as … to push through some painful reforms to deal with a rapid build-up in debt, Reuters news agency reports. On the subject of tackling…
China sets 2017 growth target of '6.5 per cent or higher'
BEIJING — China’s government has set an economic growth for this year of “around 6.5 per cent or higher if possible,” down from last year’s 6.7 per cent expansion but among the fastest in the…
China cuts growth goal, puts focus on reform and 'firewall' against risks
China aims to expand its economy by around 6.5 percent, Premier Li Keqiang said in his work report at the opening of the annual meeting of parliament on Sunday. The target is realistic and will…
China trims 2017 growth target, warns against trade controls
BEIJING — China’s top economic official trimmed its growth target and warned Sunday of dangers from global pressure for trade controls, as Beijing tries to build a consumer-driven economy and reduce reliance on exports and…
China's High-Speed Rail Technology Game: The Significant Role of Transfer Deals
Thanks to the extensive deals done during the formative years of China’s high-speed rail technology venture, the country is now touted as the “superstar” of the said industry, railway-technology.com featured in one of its articles.…
China cuts growth target as it pushes through reforms, builds 'firewall' against risks
BEIJING China has cut its growth target this year as the world’s second-largest economy pushes through painful reforms to address a rapid build-up in debt, and constructs a “firewall” against financial risks. China aims to…
