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Shanghai Daily,上海日报
Latest news:


China on track to meet rail FAI goal

CHINA is on track to fulfill its annual railway investment target as its fixed-asset investment for the sector hit 542.3 billion yuan (US$80 billion) in the first three quarters, up 10.3 percent year ...

October 25, 2016, Tuesday

YTO is 1st Chinese courier to get listed

SHANGHAI-BASED YTO Express became China’s first courier firm to debut on the Shanghai Stock Exchange yesterday. Alibaba-backed YTO Express seeks capital to expand its aircraft fleet as well as develop ...

October 21, 2016, Friday

SK shipyard for sale with French unit

A logo is seen at an STX France shipyard in Saint-Nazaire. South Korea’s troubled STX Offshore and Shipbuilding Co was put up for sale by public tender yesterday along with its profitable French shipyard unit, with buyers offered the choice of buying the companies separately or as a package. STX France, which specializes in building cruise ships, is the only profitable unit of STX Offshore. Potential bidders are invited to send letters of intent by November 4. ...

October 20, 2016, Thursday

SOEs band to create aviation supply firm

China Aviation Supplies Co was officially formed yesterday following joint investment from five state-owned enterprises under the direction of the state assets watchdog....

October 19, 2016, Wednesday

COSCO gets 40% of Italy’s Vado

CHINA’S COSCO Shipping Ports Ltd yesterday said its subsidiary has acquired 40 percent of Italy’s Vado Holding from Maersk Group’s APM Terminal for 53 million euros (US$58.3 million). Vado operates the ...

October 19, 2016, Wednesday

Plant to build C919 systems launched

Shanghai Aircraft Manufacturing Co yesterday opened a plant in the Pudong New Area to manufacture the fuel and hydraulic systems for China’s first domestically developed C919 single-aisle passenger ai...

October 18, 2016, Tuesday

Light train system

BYD, China’s leading new-energy vehicle maker, unveiled its first light train yesterday, a low-cost overground train system suitable for hundreds of medium and small cities. The train system, “Yungui,” ...

October 14, 2016, Friday

Shipyard warns of looming delisting

Sainty Marine Corp, a Shenzhen-listed shipbuilder, yesterday warned investors of an impending delisting and bankruptcy after suffering nearly three years of losses. The warning also suggested a high ...

October 13, 2016, Thursday

All hands for 1st home-built cruise ship

CHINA’S first domestically built cruise ship will begin sailing from Shanghai in 2021, officials said yesterday. China State Shipbuilding Corp, the nation’s largest shipbuilder, is cooperating with Italian ...

October 13, 2016, Thursday

China approves 2 rail projects

CHINA’S top economic planning body said yesterday that it has approved feasibility reports for two railway projects with a total investment of 79.47 billion yuan (US$11.8 billion). The two projects would ...

October 12, 2016, Wednesday


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