beijing

Chinese e-commerce giant Alibaba Group on Sunday turned down the suggestion by Yahoo chief executive officer Carol Bartz that she be allowed to join the board of Alibaba, replying that Bartz should focus on improving Yahoo's own business first. Wang Shuai, chief marketing officer ...
Baidu Inc, China's biggest search engine, waded into the country's online retail market with a new joint venture as it takes aim at e-commerce leader Taobao.com. Baidu teamed up with Japanese e-commerce company Rakuten Inc yesterday as it launched its online B2C platform Lekutian ...
China's foreign trade is expected to exceed 2.9 trillion U.S. dollars this year, and the country expects its trade and international payments to be more balanced over the next five years, Minister of Commerce Chen Deming said Thursday. In an interview with Xinhua, Chen said it is ...
Chinese e-commerce giant Alibaba Group Holding plans to invest 200 million yuan ($29.93 million) to build its Taobao Mall brand, a trade platform between businesses and consumers, as part of efforts to fend off competition from rivals such as Baidu and Dangdang.com. Taobao Mall ...
The number of Chinese shopping on-line rose by 18.9 percent over the first six months, even as traditional retailers struggled to keep their customers amid the economic downturn. The number of Internet shoppers increased by 14 million to 87.88 million, Liu Bing, director of the ...
The U.S. Federal Reserve said on Tuesday that it expected a modest pickup in the pace of the U.S. economic recovery over the following couple of years. Central bank officials forecast that the U.S. economy would expand by 3 percent to 3.6 percent next year, down sharply from the ...
Taobao, Asia's largest online trading platform, has launched a year-end sales promotion with the largest discounts of the year, hexun.com reports. The promotional campaign, held on the website qiang.taobao.com from midnight on December 21 to December 24, covers a wide range of ...
launched a pilot project in early July to integrate television, Internet and mobile networks in Shanghai and 11 other places in the country. While still in its infancy, with obstacles to overcome, the so-called "three network convergence policy" has spawned new cross-platform ...
Chinese e-commerce giant Alibaba Group's recent move to invite wholesalers to open stores on its online shopping site Taobao.com has triggered alarm among individual Taobao sellers. Industry experts warn that in the future, individual vendors may turn to Alibaba's competitors, ...
Several Internet firms have joined forces to monitor deceptive practices in the online shopping sector, a move deemed necessary to protect consumers, industry watcher said Wednesday. Internet security company Kingsoft and Tencent, owner of China's most popular free instant ...
Policies launched this year to tighten the rise in housing prices have not been well implemented, Premier Wen Jiabao said on Sunday, though the central government will continue its efforts to maintain prices at a reasonable level. He made the remarks while taking questions from ...
China will likely see "strong" increases in salaries in the five years through 2015 as the nation's supply of labor dwindles and consumers begin to spend more and save less, Credit Suisse Group AG said in a report. Wages may increase to be equal to 62 percent of China's gross ...
An exclusive real estate agency is promoting an even more exclusive sales team following its official launch on Tuesday. The agency - which deals in top-end properties, affordable only by the capital's wealthiest - is composed of more than 30 sales directors and "outstanding ...
Shares of Gemdale Co, a Chinese real estate company, opened 0.68 percent lower at 11.65 yuan ($1.7) Thursday after the company forecast an increase in annual net profits last year. In a statement filed to the Shanghai Stock Exchange, Gemdale said it expected net profits in 2009 ...
Chinese banks have started to tighten mortgage lending, after the government indicated that it would curb excessive credit and check speculative investments in the property sector. Bank of China (BOC), the nation's third largest lender by market value, said yesterday that it has ...
A majority of Beijing residents are concerned about unaffordable housing prices in the city, a new central bank survey said. Of the 1,400 respondents who participated in the People's Bank of China consumer behavior study, more than 80 percent said housing prices are too high in ...
Beijing may soon require real estate developers to reveal the price of each individual apartment in their projects. The Beijing Municipal Commission of Housing and Urban-Rural Development is considering making real estate dealers publicly disclose the specific cost of every ...
Beginning next week, drunken drivers will face a new penalty of paying higher automobile insurance rates, a new measure to stem the deadly trend on the nation's roads. Drivers found with a blood-alcohol content of more than 80 mg per 100 ml of blood will have to pay the motor ...
China plans to widen the investment scope for its insurers by opening the real estate market for insurance capital, as limited investment channels and surging premium income bring heavier investment pressure, Monday's Wall Street Journal reported. Wu Dingfu, chairman of the China ...
China Investment Corp (CIC), the country's sovereign wealth fund, is in talks with Harvard University's endowment to buy the US institution's stakes in property funds worth about $500 million, the Wall Street Journal reported on Wednesday. The latest move by the $300 billion ...
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China's reform leading group holds first meeting
China's reform leading group holds first meeting
BEIJING, Jan. 22 (Xinhua) -- China's leading group for overall reform ...
Xinhua Exclusive: China advised to highlight community healthcare in addressing
Xinhua Exclusive: China advised to highlight community healthcare in addressing aging issue: WHO official
GENEVA, Jan. 23 (Xinhua) -- China should shift its focus from ...
Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China cuts retail oil prices
China cuts retail oil prices
BEIJING, Jan. 24 (Xinhua) -- China's top economic planner announced on ...
Wall Street slumps following global sell off
Wall Street slumps following global sell off
NEW YORK, Jan. 24 (Xinhua) -- U.S. stocks dropped sharply Friday, with ...
IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
HK Disneyland Gets Toy Story Land
HK Disneyland Gets Toy Story Land
A general view of Toy Story Land at Hong Kong Disneyland is taken ...
Malaysia to allow foreign companies make small hybrid cars
Malaysia to allow foreign companies make small hybrid cars
Foreign companies will be allowed to make small hybrid cars in ...
Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
AMR files for bankruptcy protection
AMR files for bankruptcy protection
American Airlines' parent company AMR Corp. filed for bankruptcy ...
Argentina's trade surplus falls 27 percent in 2013
Argentina's trade surplus falls 27 percent in 2013
BUENOS AIRES, Jan. 23 (Xinhua) -- Argentina's trade surplus in ...
Logistics industry faces reshuffle
Logistics industry faces reshuffle
Every day at 7 a.m., Xiao Lin, a Shentong Express courier in Hangzhou, ...