Yao has struck a deal with Southwest China's largest lamp dealer to open a roughly 500-square-meter museum."It will be the first museum of its kind in Sichuan," Sichuan Provincial Department of Culture museum division chief Li Pei says.Yao is excited to display the more than 3,000 lamps from myriad ...

China's largest power producer, Huaneng Group, last week signed an agreement with two local companies in North China's Shanxi Province to invest in a coal mine which involves a total investment of 110 million yuan (US$13.5 million).Huaneng owns 39.2 per cent in the joint venture, while Yangquan Coal...

Old Qiu, an ordinary farmer in Wufeng County of Central China's Hubei Province, has earned an additional 20,000 yuan (US$2,400) by annually growing seven mu (0.46 hectares) of konjac, a taro-like vegetable popular in Japan and South China, since 1997.Wang Jinzhi, a sales director of a supermarket in...

President Jiang Zemin yesterday met separately with Gaston Flosse, chairman of the government of French Polynesia, Jeff Immelt, chairman and chief executive officer of General Electric and Lee Scott, president and chief executive officer of the Wal-Mart Stores Inc.He said that China welcomes US comp...