China Minmetals Corporation, the country's largest state-owned metals trader, had said it was conducting research on a London Mining iron ore project in Sierra Leone and has not signed any cooperation deal for the same.
"As long as China develops and perfects the package, there is no need to turn to a second round," Yao Jingyuan said.
Dell Inc., one of the world's major personal computer (PC) makers, foresees a bright future in China, which is already the second largest market for the company, a Dell executive has said.
China's homegrown private equity industry could grow to 10 times its current size in the next few years as domestic firms fund SMEs, allowing China's PE firms to better compete in a market long-dominated by global giants, industry executives said on Wednesday.
Hong Kong stocks opened 0.74 percent higher and widened their gains before closing at 21,614.77 on Wednesday, up 374.71 points, or 1.76 percent, from the previous close.
PMI of China's manufacturing sector rose to 55.2 percent in October, up 0.9 percentage points from the previous month.
The long-awaited Disney theme park project in Shanghai finally became a done deal on November 4, 2009.
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| Currencies | Buying Rate | Middle Rate |
|---|---|---|
| USD | 681.38 | 682.76 |
| EUR | 1011.66 | 1015.37 |
| GBP | 1129.27 | 1132.02 |
| JPY | 7.5119 | 7.526 |
| HKD | 87.92 | 88.1 |
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