Government Updates
Copper’s Declining Demand Pushes Prices 21% Lower
BLOOMBERG-Copper, this year’s best industrial- metal investment, may become the worst in the second quarter as demand slumps the most in three decades.
Read moreAsia top nickel producer Jinchuan raises electrolytic nickel price to 92,000 yuan/t from 89,000
Asian top nickel producer Jinchuan Group announced Wednesday that it will raise its ex-factory price of electrolytic nickel from 89,000 yuan/ton to 92,000 yuan/ton, the third time for its price hike in a month.
Businesses ready for healthcare plan
China's healthcare reform plan will create a huge potential market for health-services providers, pharmaceutical companies and insurers.
Ping An Insurance 2008 net profit down 94.4%
Ping An Insurance (Group) Company of China, Ltd., China's second largest insurer by market value, said Wednesday its net profit in 2008 plunged 94.4 percent from a year ago.
New international standards push upgrading of oral nursing industry
New international standards push upgrading of oral nursing industry
Read moreChina's first national coal reserve base to be built in east China in Longkou
Shandong, as one of China's three largest coal producers, will start construction of a national coal reserve base in Longkou, with designed distribution capacity of 10 million tons for the first phase project, and long-term target of 50 million tons.
China discovers huge coal reserve in northwest
China discovered a 3-billion-tonne coal reserve at Aiding Lake in its northwestern Xinjiang Uygur Autonomous Region.
China's airlines grow in first quarter
China's airline industry grew slightly and was profitable on aggregate in the first quarter thanks to government bail-outs and tax breaks for struggling carriers, according to Li Jiaxiang, vice-transport minister and administrator of the Civil Aviation Authority of China.
China's auto sales said to beat U.S. again
Preliminary figures show auto sales in China reached about 1.03 million units last month, exceeding United States sales for the third month in a row, state media reports said on Wednesday.