China improves business environment

A pilot reform will be carried out in Shanghai's Pudong New Area to cut or simplify another 47 approval items, after all of China's free trade zones have separated operation permits from business licenses and cleared 116 approval items, said the statement. ( read original story ...)

ALBA to tackle Shanghai’s growing scrap vehicle fleet

China: Recycling major ALBA Group has continued to expand its activities in Asia by becoming 51% majority owner of Shanghai Baosteel Auto Recycling Co. Ltd, a subsidiary of the country’s biggest steel producer Baosteel. 'We are very pleased to be able to ... ( read original story ...)