Construction on China's third rocket launch center in Wenchang, Hainan province, will begin in November, Jiang Sixian, Hainan's vice-governor, told the province's people's congress's standing committee on Wednesday.According to China National Radio yesterday, Jiang said the 5 billion-yuan project ha...

Yan is particularly starry-eyed about the space park, because he believes it would make the city a maverick among the country's travel spots."When the satellite launch pad opens to the public, we expect a flood of tourists to the city," the Harvard University-educated official says.In fact, he says,...

Online recruitment company 51job Inc said it posted unaudited revenue of 213.6 million yuan and net income of 21.1 million yuan for the fourth quarter.The unaudited results are up about 24.8 percent and 6.6 percent year-on-year, respectively.For 2007, the company booked revenue growth of 21 percent ...

China National Offshore Oil Corp (CNOOC), the nation's major offshore oil producer, yesterday forged an agreement with Husky Oil China Ltd, a Canadian oil company, on deep water oil exploration in the South China Sea.It marks the first time for CNOOC to tap the wealth of oil reserves 300 metres belo...