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China's third largest steel maker, Wuhan Iron and Steel Corporation (WISCO), completed a joint venture on Wednesday with Australian Centrex Metals Ltd corporation (CXM) to develop iron ore mines on south Australia's Eyre Peninsula.
Fresh graduates are expecting to receive a monthly salary between 1,500 yuan ($221.3) to 2,000 yuan when working for companies in the surrounding cluster of Wuhan city.
Officials from nine cities' in Central China's Hubei province came together to discuss an integrated 12th Five Year Plan (2011-15) for the first time, the Hubei Daily reported on Saturday.
The cities of Ezhou, Huangshi, Xiaogan, and Xianning in Central China's Hubei province will share the same phone area code with the provincial capital Wuhan by the end of this year, according to the Hubei Communications Administration.
A total of 12.3 billion yuan ($1.81 billion) will be invested this year in nine projects in the Wuhan city cluster in Central China's Hubei province.
Zigui, a county in Hubei province where the Dragon Boat Festival has its roots, is also the hometown of China's patriotic poet Qu Yuan. This year, the "2010 Dragon Boat Culture Festival and the Cross-strait Cultural Forum of Qu Yuan" was held in Zigui.
The New North Zone in the mega-city of Chongqing says it has taken a lesson from the southern Indian city of Bangalore, which has been a success in the software and IT business over the last decade.
Foreign trade in Shandong is maintaining the growth it saw in May, with its import and export volume standing at $15.06 billion, a year-on-year increase of 41.1 percent.
Shandong Gold Mining Group plans to expand its bullion output and also grow inorganically through overseas acquisitions, a company source told China Daily on Thursday.
Foxconn Technology Group is moving part of its major plant away from costly Shenzhen after hefty wage increases at its factories in the southern city, affecting hundreds of thousands of workers.
The 4th China International Private Equity Forum saw contractual agreements worth 15.5 billion yuan signed, before it closed in north China's Tianjin Municipality Saturday.