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Soybean firms must focus on edible sector
Domestic soybean makers should focus on developing their own transgenic varieties and marketing the commodity to tofu, vegetarian products and noodle makers, as competition from foreign players is crimping profits,…
Textile body to strengthen CSR ties with BSCI
The China National Textile and Apparel Council said on Friday it is joining hands with the Brussels-based Business Social Compliance Initiative (BSCI) to address the corporate social responsibility (CSR) issues…
China aims to make yuan convertible
The ultimate goal of China’s exchange rate reform is to make the yuan a fully convertible currency, Yi Gang, head of the State Administration of Foreign Exchange (SAFE), said Friday.…
Corn imports to help curb soaring prices
China’s National Development and Reform Commission (NDRC), the country’s top economic planner, said Friday that corn imports will help curb soaring corn prices. Domestic corn prices were higher than abroad…
Labor unions to ‘hire’ leaders
Labor union leaders across the country will receive their salaries from higher-level unions instead of companies that employ them by 2011, the All-China Federation of Trade Unions (ACFTU) has said.…
Air China subsidiary to buy 10 Airbus planes for $814m
Air China, the country’s leading carrier, said late Friday that one of its subsidiary airlines would pay $814 million to buy 10 Airbus 320-series passenger planes. In a statement filed…
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