Editor's note: Seizing the momentum built last year, major foreign automakers are continuing to expand in the country through increased investments in the development of independent brands and expanding capacity. Domestic brands have also established their names in overseas markets, including mature...

Unlike in private companies, the leader of an SOE is not the soul of the company, he says. "In fact, it doesn't matter too much who in particular will become the head of an SOE, but stricter supervision and better management matter." The probes on Jiang, Wang, Li and others show the central governme...

The central government's move to fight corruption in the oil and gas industry will accelerate the reform of China's energy sector and improve the corporate management of State-owned enterprises, experts said.On Sept 1, China's top discipline watchdog said authorities are investigating Jiang Jiemin, ...

On July 21, the State Council approved Volvo Asia-Pacific Manufacture Co, a joint venture in Daqing, Heilongjiang province.The Daqing plant is expected to be completed this year and start production at the beginning of 2014.The joint venture in Daqing plans to produce 80,000 vehicles in the first ph...

- A viaduct built over a wetland in northeast China's province to make way for wildlife has been described as a "green bridge" by local residents.Built with an investment of 430 million yuan ($68.8 million), the 5-km overpass opened to traffic in late 2010 and spans the largest inner city wetland ...