With a total investment of 282 million yuan (.7 million), the annual output capacity of the mine was 450,000 metric tons. Almost 200 million yuan of the investment, however, came from bank loans, according to a statement on the commission's website in 2010.
Why it matters: Spotify shares dropped nearly 5 percent after the announcement and kept falling Tuesday morning. The streaming music leader also offers free and paid options. Though it trails Spotify and Apple in terms of total subscribers, Amazon Music grew its user base 70 percent over the past year, according to a recent Financial Times?report.
Wine-and-spirits company Pont des Arts connects a creative trio of artists with its new limited-edition offerings
With clear policy signals set in July calling for more efforts to keep investment afloat, some commercial banks, including Industrial and Commercial Bank of China, issued notices to local branches to quicken up the pace of issuing credit to boost infrastructural construction, in particular to support transportation projects and home-renovation projects to improve living conditions for the poor, according to documents viewed by China Daily.
With China's anti-corruption campaign, whisky sales in China have been on a bumpy journey during the last decade. The total export volume of all types of 70cl bottles of Scotch whisky to China in 2012 peaked at 22.94 million bottles, but plunged to 14.74 million bottles last year.
With 20 billion yuan (.9 billion) of reverse repos maturing Tuesday, the People's Bank of China (PBOC) effectively drained the same amount of liquidity from the market. [Photo/IC]
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With a population of nearly 6,000, Guhe is one of the poorest villages in the province. Though the situation has improved significantly in the last years, dozens of the households are still living in desperate conditions.
With a canopy made from cotton fabric covered with tung oil - which is made from the nut of the tung tree - oilcloth umbrellas are more solid and durable than oilpaper umbrellas, another kind of ancient Chinese umbrella.
With America's world's-highest death toll of more than 160,000, its politicized resistance to masks and its rising caseload, European nations have barred American tourists and visitors from other countries with growing cases from freely traveling to the bloc.
Wison Group Holding Limited, a diversified group company focusing on energy and chemical services, signed a comprehensive strategic cooperation agreement with the Shanghai Branch of China Export & Credit Insurance Corporation, which is a state-funded policy-oriented insurance company to promote China's foreign economic and trade development and cooperation.