Shanghai General Motors launched its US$39,569 (RMB269,900) 2.4L LaCROSSE ECO-Hybrid model Tuesday, the Oriental Morning Post reported. The hybrid version of the LaCROSSE model, which costs US$2,932 (RMB20,000) more than the regular model, claims to save 15% on fuel consumption. Chery, the largest Chinese homegrown automaker, has been licensed to produce hyb...

As China opens its grain industry to foreign competition in line with its WTO commitments, China Business News reports on a sector that has lost control to foreign giants.

The government released new dairy industry policies this week. The Shanghai Securities News casts an eye over the likely changes

Unsurprisingly, most China-focused news outlets provide extensive coverage of the devastating earthquake that hit Sichuan province Monday, killing at least 10,000 people.The Wall Street Journal reported that Shanghai stocks fell more than 3% in the minutes after the market opened in the wake of the earthquake, before climbing again after the “initial k...

China's luxury goods market was worth US$8 billion last year. Xinhua reports that it still has a long way to go.

The tenth Jinjiang shoe fair was a disapointment for local shoemakers. China Business News takes a look at an industry under pressure