China Economic ReviewEconomic growth is likely to slow to 8.7% in the first half of 2006 from a projected 9.2% for all of 2005, according to a report from the central bank's research bureau. The economy has repeatedly defied expectations of slower growth, moving along at annual rates in excess of 9% for the past eight quarters, […]
Advertising spending in China grew 20% in the first half of 2005, with spending on television, newspaper, and magazine ads across 166 cities totaling US$17.7 billion, as marketers continue to sell to an increasingly sophisticated consumer base, the Wall Street Journal reported, citing VNU's Nielsen Media Research. Foreign firms accounted for about 30% of the […]
Aiming to capitalize on its sales of glass used in LCD panels for computer monitors and flat-screen televisions, Corning Inc said it is targeting for its China sales this year to grow at two to three times the rate of the Chinese economy, Reuters reported, citing Corning Greater China Chief Executive Clark Kinlin. With the […]
In a mission to last five to seven days with two astronauts on board, China's second manned spacecraft Shenzhou VI is scheduled to be lift off in mid-October, state media reported, citing China's first astronaut Yang Liwei. Next year, China is expected to recruit more astronauts, among them women.
International investors can now take full control of almost all State-owned enterprises in Liaoning Province in Northeast China, according to an announcement yesterday by provincial vice-governor Li Wancai. Coal mines and SOEs controlled by the central government are exempt from the new regulations.