The US$1 billion Green Star Fund, jointly raised by US Sycamore Ventures and the China Association of Resource Comprehensive Utilization, will invest in a clean technology project in Shanghai’s Knowledge and Innovation Community (KIC), China Business News reported. KIC is based in the city’s Yangpu district. The size of the investment was not dis...

Online matchmaker and socializing agent Hangzhou Xin Xin Yuan Group has been preparing for two years to make an initial public offering to become the first listed matchmaker in China, chairman Lin Lin told China Business News. The company operates via its website Xxyuan.com. A venture capital investment partner told the newspaper that Chinese love headhunter...

Investment in China's cement sector grew 68.5% over the first seven months of the year to US$7.76 billion (RMB53.1 billion) but experts are warning growth in domestic demand could slow to 5-7% over the coming three to five years, the China Securities Journal reported. “A glut has been seen in the Yangtze River Delta; strong growth lies in central, ...

China’s Social Security Fund should ramp up its investment in the country’s stock markets, Dai Xianglong, director of the National Council for the Social Security Fund, told the annual Summer Davos Forum in Beijing Sunday, the China Securities Journal reported. “We need to ramp up the proportion of our total investment in the stock market, ...

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.