Government Updates
Beijing drives consolidation of automobile and steel sectors
Beijing is encouraging its biggest carmakers ? Shanghai Automotive Industry Corp, FAW, Dongfeng and Changan ? to lead consolidation of its automobile industry.
China aims for 10 mln units in vehicle production, sales in 2009
China aims for 10 million units in both vehicle production and sales this year, according to an online government document concerning detailed automobile support package.
Commerce minister: Disapproval of Coca Cola-Huiyuan deal doesn't signal change in China's investment
Commerce Minister Chen Deming said on Sunday that it would be wrong to assume China didn't welcome foreign investment based on the country's disapproval of Coca-Cola's proposal to acquire China Huiyuan Juice Group.
Less Chinese companies established in 2008
China's industry and commerce authorities said Friday that the number of businesses established in China rose only 0.78 percent year-on-year in 2008, much slower than an average of 5 percent growth in recent 5 years.
60,000 alternative-energy vehicles to hit roads by 2012
BEIJING - About 60,000 alternative-fuel vehicles are expected to be on China's roads by 2012 as part of the efforts to save energy and reduce emissions, Minister of Science and Technology Wan Gang said Thursday.
China mobile reports 30% net profit in 2008
HONG KONG - China Mobile, the country's largest mobile phone network operator, said Thursday its net profit jumped by 29.6 percent in 2008.
China denies Coca-Cola decision equals trade protectionism
BEIJING - China's Ministry of Commerce (MOC) Thursday denied its refusal to approve Coca-Cola's acquisition of Huiyuan Juice Group is protectionist.
Emission tariff proposal an excuse for protectionism
The country's top climate change official has rejected a proposal by the United States to slap tariffs on imports from countries that do not impose costs on carbon emissions.
SCLAO, CNTA: Held Press Conference for “Travel Agencies Regulations”- The Whole Industry Will Se
SCLAO, CNTA: Held Press Conference for “Travel Agencies Regulations”- The Whole Industry Will Seriously Implement the Regulations
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