Guangzhou invests heavily
Latest Updated by 2003-04-23 13:48:38
Guangzhou will invest 118.40 billion yuan (US$14.26 billion) in 30 key projects in the coming years.

SZ to boost non-State economic development
Latest Updated by 2003-04-03 10:30:44
SZ has vowed to create a fair competitive environment to boost the economic growth of its non-State sectors.

Huawei, 3Com Establish Joint Venture in China
Latest Updated by 2003-03-25 09:47:01
The Shenzhen-based Huawei company will own 51 percent and 3Com 49 percent of the Hong Kong-based joint venture -- "3Com-Huawei".

China Life eyes overseas listing
Latest Updated by 2003-03-20 15:48:19
China Life Insurance, the country's largest life insurer, has appointed four investment banks to help arrange its overseas US$2-billion share sale

Joint fund management venture debuts
Latest Updated by 2003-03-19 11:28:33
China Merchants Fund Management Co,launched last December in SZ, was the first joint fund management joint venture in China.

GD attracts overseas investors
Latest Updated by 2003-03-17 10:15:33
GD gained 6,556 overseas financed ventures in 2002, a record high over the past seven years.

Giant oil producer buys overseas field stake
Latest Updated by 2003-03-10 09:38:03
The China National offshore Oil Corp Ltd. (CNOOC), China's largest offshore oil producer, has agreed to pay 615 million US dollars to Britain's BG Group for a stake in an oil and gas field in Kazakhstan

Turning Nansha into economic hotspot
Latest Updated by 2003-02-12 14:51:03
Nansha is receiving another 16 billion yuan (US$1.9 billion) this year in infrastructure investment.

Domestic drugstores face foreign threat
Latest Updated by 2003-01-22 11:55:21
Shenzhen-based 999 Medicine Co. Ltd. aims to invest 1.3 billion yuan to set up 8,000 drugstores in the coming three years.

Saudis to join investment talks in town
Latest Updated by 2003-01-21 16:29:54
More than 200 enterprises have signed up for the Shenzhen-Saudi Arabia Economic and Trade Negotiation Meeting.