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The Chinese futures market is on a fast-track of growth in 2012 as disappointed investors from stock bourses are eyeing the "future" to hold up the value of their investment, new figures have indicated. The combined turnover of futures trading in the world's largest economy totalled 151.98 trillion yuan ($24.17 trillion) in the first 11 months of 2012, up 19.69 percent from the previous year, according to data released on Sunday by the China Futures Association.
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  • By Zhu Wenqian(China Daily)2017-08-22 07:43

    The engine for the C919 is on display at an aero exhibition in Beijing. [Lan Di/for China Daily]Commercial Aircraft Corp of China Ltd has put together multibillion yuan funds to support research and development after rolling out the C919.Earlier this month, the latest round of funding for COMAC was ...

  • By Li Fusheng(China Daily)2017-08-21 09:32

    Daniel Kirchert, co-founder and president of Future Mobility Corp. [Photo provided to China Daily]Future Mobility Corp, so far a low-profile electric car startup, is now poised to power up, as it has finished its A-round financing and is putting the final touches on its first model.Daniel Kirchert, ...

  • By Zhu Wenqian in Beijing And Sun Ruisheng In Taiyuan(China Daily)2017-08-21 08:03

    Staff members of a Georgia factory view a demonstration of Chinese tea processing techniques. [Photo provided to China Daily]Hangzhou Wanhu Tea is stimulating beverage business across the worldHangzhou Wanhu Tea Co Ltd, which sells the famous Chinese black tea, has expanded its business quickly in G...

  • By Pei Pei In Huangshan, Anhui(China Daily)2017-08-21 07:24

    Perched at the source of the Xin'an River, one of China's least-polluted waterways, Youlong village boasts the perfect environment for a tea garden. The 1,200-year-old village in Huangshan city's Xiuning county in Anhui province - long known for its lush scenery - is a center for the cultivation of ...

  • (Xinhua)2017-08-19 10:48

    ZHENGZHOU — Cotton yarn futures, the first commodity futures contracts launched in China since 2016, have entered trading on the Zhengzhou Commodity Exchange (ZCE) in central China's Henan province Friday. Fluctuations in cotton yarn prices have a direct impact on the profit and cost of upstream a...

  • By Wang Ying In Shanghai(China Daily)2017-08-18 10:01

    French high-end department store Galeries Lafayette plans to open its second location in China-an outlet in Shanghai-next year. The company has operated in China since 2013, when it opened a store in Beijing. Shanghai Lujiazui Finance & Trade Zone Development Co Ltd, which is listed on the Shang...

  • By Xu Ningning(China Daily)2017-08-18 09:30

    The Association of Southeast Asian Nations, based on the mechanisms it has worked out since its establishment, has set up an ASEAN code of conduct-dialogue, consensus, cooperation and non-interference in other countries' internal affairs - to forge itself into an exemplary regional organization. ASE...

  • By Meng Fanbin(China Daily)2017-08-18 09:24

    Regulators issue measures to curb speculative trading amid volatile market With the huge trading volume and surging prices of the financial derivatives market, Chinese regulators have issued a series of measures to curb speculative trading and maintain stability in the whole financial market. The Sh...

  • (Xinhua)2017-08-17 11:20

    HOUSTON - The unique model of a large housing project in Cleveland, Texas, invested by a Chinese company, has set an example for the future development of the city, Mayor Otis Cohn said here on Wednesday. Invested by China's Dalian Yihai Enterprise group, the Grand Oak Reserve project is a 600 acre ...

  • (Xinhua)2017-08-17 11:19

    HAVANA - The year 2016 saw the first year ever that China became Cuba's largest trading partner with bilateral trade reaching $2.585 billion, according to a newly released report by the island's statistics, ONEI. The commercial exchanges between Havana and Beijing saw Cuba import $2.328 billion of g...

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