Chinese Mainland to Set up Business Zone for Taiwan Farmer Investors

China's Ministry of Agriculture and the Taiwan Affairs Office of the State Council have approved a business development zone for Taiwan farmer investors in eastern Fujian Province.

Located at the Changqiao Agricultural Technique Cooperation Center, the zone includes an industrial base for storage and processing of farming produce, two centers featuring technical services and research, and a field for ecological agriculture trials. 

Russia to Adopt Market Gas Price with Belarus

Gazprom is to adopt a market-oriented approach to business with Belarus from 2007.

CEO of the Russian gas giant says a price-setting mechanism for Russian gas sold on the Belarussian market will be guided by market principles and the experience of the world's gas business and negotiations have been started in due time to avoid any unpleasant New Year surprises. 

Wal Mart to Open Shopping Mall in Hainan

Retail giant Wal Mart will open its 68th China shopping mall in Haikou, capital of Hainan Province, south China.

On its completion, the shopping mall is said to be able to offer more than 1,300 job opportunities for locals. The project will break ground for construction in the latter half of the year and the shopping mall will begin operation late next year. 

College Hip-hop Dance Competition to be Held

A nation-wide college Hip-hop dance competition has just begun in the capital of Beijing.

Initiated by South Korea-based online portal Cyworld.com, the competition will cover over 160 colleges and universities in the cities of Beijing, Shanghai, Guangzhou and Chengdu. 

Gong Li to Join Tim Burton's "Believe It or Not"?

Chinese actress Gong Li is said be to joining the cast of "Believe It or Not", director Tim Burton's forthcoming biopic on the life of artist, reporter, and explorer Robert Ripley.