Published News

A lawyer for Zhejiang Aokang Shoes Co, the largest privately owned footwear manufacturer in China, said Monday the firm's victory in a law suit against EU anti-dumping measures offered encouragement for other domestic firms.

"It sets a positive example for domestic firms in their global trade and expansion," Pu Lingchen, who worked on Aokang's case against the EU, told the Global Times Monday.
Jack Ma, chairman and chief executive officer of e-commerce giant Alibaba Group Holding Ltd, said on Tuesday he will step down from the CEO post in May and stay on as chairman.

"I will resign as the chief executive officer on May 10, 2013, and will be fully devoted to the chairman job," the 48-year-old Internet veteran said in an e-mail sent to employees.

Ma said that as chairman he will fo
ZTE Corp plans to invest "several hundred million" dollars in Brazil to make the region its biggest overseas manufacturing base for handsets and tablet computers, China's biggest listed telecommunications equipment maker said yesterday.
SHANGHAI government and Hewlett-Packard Development Co signed a memorandum of understanding yesterday that may increase the technology giant's investment in the city.
SHANGHAI International Group is to set up a venture capital firm to offer finance to small and medium enterprises as part of the city's strategy to support the underfinanced sector.

The investment arm of the Shanghai city government will invest 1 billion yuan (US6 million), including 500 million yuan of city government revenue, in the new firm, the Shanghai Financial Services Office said yeste
Asia-Pacific region expected to have 126 million subscribers by 2015

China will be a main driver for the deployment of the fourth-generation (4G) mobile telephone network in the Asia-Pacific region, and the country will have almost half of the total 4G subscribers in the region by 2015, according to officials from the GSM Association
A LIQUOR company is disputing the findings of a testing company in Shanghai that its products contain excessive and toxic plasticizers which could impair male sexual function and even cause liver cancer.

According to a report on news website, Jiugui, a type of Chinese liquor selling for 438 yuan (US$70) a bottle, was found to contain three plasticizers with one being 260 percent abov
MOVIEGOERS have been sold popcorn at three local cinemas in buckets containing brightening chemicals that can lead to cancer, watchdogs reported yesterday.Tianshan Cinema and Cloud Nine Shopping Mall Cinema in Changning District, and BroadBand International Cineplex in Luwan District sold the snack in cartons tainted with fluorescent material, said the Shanghai Industrial and Commercial Administr




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