China will raise gasoline and diesel prices both by 480 yuan ($70.28) per tonne from Tuesday, the National Development and Reform Commission (NDRC) announced on Monday to catch up gains in crude prices. The NDRC said the price rise was equivalent to 0.36 yuan ($0.527) per litre of 90-ron gasoline...
U.S.-based financial holding company JPMorgan Chase & Co on Oct. 5 raised its shareholding in China Oilfield Services Ltd<601808><2883> to 12.16% from the previous 11.96%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>.HKEx said that JPMorgan on Monday bought 3.13...
The Beijing government on Tuesday announced new policies meant to encourage multinational companies to establish their regional headquarters in the capital. The new document detailing the favorable policies replaces a 1999 version. Rules regarding the implementation of the new policies...
hina Everbright Bank, the nation's sixth largest commercial bank in terms of assets, has opened its first village bank in Shaoshan, Hunan province, becoming the first commercial bank that expands its business in the rural area in the province.An opening ceremony was held for the new bank, named Shaoshan...
Mar.17 MetalBiz鈥擟hina Metallurgical Group Corporation (MCC) plans to go public on the Hong Kong bourse at the end of June this year and expects to raise $3 billion...
Mar.16 MetalBiz鈥擟hina is likely to cut the pump price of gasoline and diesel this month, making it the second price adjustment this year...
Mar.12 MetalBiz鈥擟hina has been the key in the global aluminum industry with its sizable production cuts and measures to boost industrial demand, steps that have...
Mar.11 MetalBiz鈥擟hina Iron&Steel Association (CISA) has recently submitted to the Ministry of Finance (MOF) a proposal on increasing the export rebate rate for all...
Mar.9 MetalBiz鈥擟hina should establish a metal mining development fund to help Chinese firms raise capital for investment abroad, according to Zhou Zhongshu...
As the famous 鈥淐hina Lighting Capital鈥�, Guzhen is the largest lighting manufacturing base and wholesale market in China.