Central China may accelerate development due to favorable policies: An old Chinese proverb says, "Those who control central China control China." The region that is comprised of Shanxi, Henan, Anhui, Jiangxi, Hubei and Hunan provinces covers an area of 1.03 million square km...
Shanxi Province, located in China's less developed central region, is a province rich in energy and natural resources. With a single industrial structure that relies heavily on resources, the province suffered greatly last year after resource product prices plummeted...
Shanxi Lu'an Environmental Energy Development Co<601699>, which is headquartered in Shanxi Province and is principally engaged in exploration, production and sale of coal, is preparing for group listing before 2015, sources reported, said Ren Runhou, chairman, sources reported. Ren added that the...
Zhengzhou Gas Group, the parent of Zhengzhou Gas Co Ltd<3928>, on Jul. 5 signed a framework agreement with China Resources Gas Group Ltd<1193> to set up a joint venture (JV), sources reported. Zhengzhou Gas Group will hold a 20% stake by transferring shares and assets of Zhengzhou Gas...
Better Life Commercial Chain Share Co Ltd<002251>, which is principally engaged in wholesale and retail business in China, on Jul. 6 started construction on an expansion project at an existing commercial property on Jianshe Road, Xiangtan City, Hunan Province, sources reported. The Shenzhen-listed...
The China Securities Regulatory Commission (CSRC), the nation's securities regulator, has granted an operating license to a brokerage joint venture (JV) between German investment bank Deutsche Bank AG and Shanxi Securities, according to a joint statement released by the two companies on Wednesday.The...
SPG Land (Holdings) Ltd<0337>, which is principally engaged in residential property development in Shanghai, on Jul. 7 made its first land purchase so far this year, buying a piece of residential land for RMB 275 million in Xiaodian District, Taiyuan City, Shanxi Province, sources reported. The parcel covers a land...
The world鈥檚 biggest bulk port holding company in terms of turnover opened yesterday in North China鈥檚 Hebei Province. China Hebei Port Holdings integrated several ports in the province, including Qinhuangdao, Caofeidian and Huanghua ports, to create a combined turnover of 281 million tons. Qin...
The Bank of East Asia (China) Ltd, the locally-incorporated wholly-owned subsidiary of Bank of East Asia (BEA)<0023>, Hong Kong's fifth biggest lender, on Thursday announced that it has obtained approval from the China Banking Regulatory Commission (CBRC) to set up a branch in Shijiazhuang, the capital of...
Anhui Expressway Company Ltd<600012><0995>, a China-based transportation infrastructure company, has hired The Bank of New York Mellon, a global leader in asset management and securities servicing, as the depositary bank for its American depositary receipt (ADR) program, sources reported....