Despite the vastness of China's car market, the percentage of dealers who believe they will be profitable this year has fallen to less than half of last year's figure due to inventory concerns.
In potentially far-reaching business reforms, China will digitalize the registration and licensing of new firms so they could start their businesses quickly; also, the deregistration process will be made quicker, simpler and cost-effective, the State Administration for Industry and Commerce said on Friday.
China on Friday urged the United States to act prudently in the antidumping case filed by a US industry body against Chinese aluminium foil product exporters, the first such case this year.
The first public-private partnership securitization programs for infrastructure projects will go into operation soon, Zhang Xiaojun, spokesman of the China Securities Regulatory Commission, said on Friday.
Premium sedans manufactured at the Volvo Cars Daqing plant, in northeastern China's Heilongjiang province, are expected to start selling abroad in May, a senior executive of the company said.
London - CVC Capital Partners and Chinese drugmaker Shanghai Pharmaceuticals Holding Co are in talks to team up on a bid for Stada Arzneimittel AG, according to sources, as a bidding war for the German company heats up.
Perfecting the system of delisting stocks and strengthening of efforts to crack down on illegal activities in the capital markets will be highlights in the second review of the revision of the Securities Law, said a member of the Standing Committee of the National People's Congress, China's top legislature.
In potentially far-reaching business reforms, China will digitalize the registration and licensing of new firms so they could start their businesses quickly; also, the deregistration process will be made quicker, simpler and cost-effective, the State Administration for Industry and Commerce said on Friday.
China on Friday urged the United States to act prudently in the antidumping case filed by a US industry body against Chinese aluminium foil product exporters, the first such case this year.
The first public-private partnership securitization programs for infrastructure projects will go into operation soon, Zhang Xiaojun, spokesman of the China Securities Regulatory Commission, said on Friday.
Premium sedans manufactured at the Volvo Cars Daqing plant, in northeastern China's Heilongjiang province, are expected to start selling abroad in May, a senior executive of the company said.
London - CVC Capital Partners and Chinese drugmaker Shanghai Pharmaceuticals Holding Co are in talks to team up on a bid for Stada Arzneimittel AG, according to sources, as a bidding war for the German company heats up.
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