Hongdu Aviation Industry Group from southern China’s Jiangxi province plans to build a US$527.28 million (RMB3.6 billion) aviation base in the provincial capital Nanchang by 2010, Xinhua reported. Hongdu Aviation is hoping China Commercial Aircraft Co will use the 25-square-kilometer base to meet up to 20% of all orders for its planned jumbo jet, which...

Shenzhen Coship Electronics Co (002052.SZ) said Wednesday it will acquire the 10% stake in Shenzhen Coship Software Co held by Shenzhen Shushentong Technology for US$2.43 million (RMB16.65 million), the Shanghai Securities News reported. Coship Software was founded in 2003 with US$438,277 (RMB3 million) in registered capital, 90% of which is controlled by Co...

NASDAQ-listed Chinese meat processor Zhongpin is among those that will benefit from new pork slaughtering rules that take effect on August 1. The China Perspective talks to executive vice president Ben Baoke about the company’s position in the market and its plans for the future