Fixed-asset investment in Shanghai’s manufacturing sector declined over the first eight months of the year while investment in the infrastructure and real estate sectors accelerated, but at a slower pace than in previous years, the China Securities Journal reported. Industrial investment dropped 5.8% year-on-year to US$11.95 billion (RMB81.52 billion)...

Ruitai Materials Technology (002066.SZ) said Thursday it will invest US$7.04 million (RMB47.9919 million) in cash to set up a joint venture fireproof material company with Rongyao Group, a Henan province-based material maker, the Securities Times reported. Henan Ruitai Fireproof Materials will have US$11.74 million (RMB80 million) in registered capital, 59.9...

China’s animation industry will be worth US$233.63 million (RMB1.6 billion) this year, far more than the RMB500 million recorded last year, a Ministry of Culture official told the ongoing animation festival in Changzhou, Jiangsu province, China Business News reported. Changzhou city party chief Fan Yanqing also told the conference the city planned to e...

NASDAQ-listed photovoltaic cell maker Solarfun Power Holding Co is among those that have been hit hard by a gloomy outlook over solar stocks. Vice President of Strategic Planning Paul W. Combs tells The China Perspective that the downturn is merely masking a much brighter future.