state-owned enterprises

New Business Jobs

State-backed firms are new pillar in Beijing’s real estate market as private buyers retreat

China’s state-backed companies have stepped up their acquisition of large commercial properties in the nation’s capital to shore up the…

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New Business Jobs

China’s land purchases shrank 38% in first 7 months of 2024 amid festering property slump

China’s property developers have slowed their land grab as a slowdown in home sales continued in the industry, deterring their…

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New Business Jobs

C919 production to ‘greatly improve’ as Shanghai eyes R&D, industrial chain uplift

Shanghai has unveiled a raft of fresh policies, including engine research and development support and allowances of up to 100…

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