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China's most difficult mountain railway linked up

ENSHI, HUBEI - China's most difficult mountain railway was linked up in Enshi prefecture, central China's Hubei province, and is expected to open within the year, according to officials at the railway's construction headquarters Wednesday. The Yichang-Yiwan Railway, totalling 377 ...

Chinese market gaining clout in Denmark

COPENHAGEN - The Chinese market is gaining clout in the global economy, and ranks only after North America in importance for Danish companies, a Danish newspaper said Wednesday. According to a report in the Berlingske Tidende, Danish companies now expect to consolidate their ...

China may introduce stimulus to boost imports

China has developed ways to increase imports such as the cancellation of quotas and will implement more as early as September, the National Business Daily reported, citing an unidentified official at the Ministry of Commerce. China's trade surplus for the first seven months ...

Agricultural fair opens in Changchun

CHANGCHUN - The ninth China International Agricultural and Food Fair opened Wednesday in Changchun, capital of northeast China's Jilin province, underscoring the country's efforts to ramp up agricultural production and trade in the wake of the deadliest floods in a decade. The 10...

China to tighten food safety supervision

Chinese Vice-Premier Li Keqiang has urged food quality authorities to strengthen supervision in order to significantly improve food safety. Li, who also chairs a national food safety commission, made the remarks at a recent conference of the commission. He further called for ...

China adds 15 govt departments to GPA list

BEIJING - China on Tuesday reportedly added 15 government departments under the State Council's ministries into its latest offer to join the government procurement agreement (GPA) of the World Trade Organization (WTO), a move that may help push forward the country's ongoing ...

China faces uphill battle to achieve energy-saving target

HANGZHOU - To many Chinese officials at the county and city levels, the newly released half-year evaluation reports on energy consumption per unit of gross domestic product (GDP) make for grim reading. Sun Yunyao, head of Shaoxing county government in east China's Zhejiang ...

Beijing plans to supervise advance payments

Beijing is planning new rules for supervising and managing advance payments for purchases of commercial property, the Beijing Evening News said Tuesday, citing unnamed developers. Under the new rules, which may be implemented this year, housing developers may be banned from ...

Reforms seek to create larger middle class

BEIJING - China's top legislature, the National People's Congress (NPC), has proposed a quick launch of reforms in income distribution to curb the widening wealth gap in the country. The proposal was included in a research report on distribution of national income completed by ...

Officials cast doubt on huge gray income numbers

In response to a question raised by a scholar on the "hidden incomes" of numerous urban residents that went uncounted by statistical departments, the National Bureau of Statistics (NBS) published two articles on its website on Aug 24 and Aug 25, asserting that the report was ...

Gray income report sparks controversy

SHANGHAI - A report on China's widening income gap and a potentially high level of unreported income earned by the rich has come under fire. The report, entitled Gray Income and National Income Distribution, suggested China's "gray income" reached 5.4 trillion yuan ($794 billion) ...

Regulating housing market remains daunting task: NDRC

BEIJING - China's top economic planner said Thursday that regulating the property market remains a daunting task in spite of "initial progress" the country has made in cooling excessive prices. In the second half, the government would "stabilize property market regulating ...

Economy faces major challenges

BEIJING - The Chinese economy faces great pressure this year from rising global trade and investment protectionism and a possible surge in inflation, a senior government official said on Thursday. "Trade protectionism is obviously intensifying, with some countries using self...

Chinese economy to stabilize in Q4

RBS: Downside risks may appear in 2011 as external demand weakens BEIJING - The Chinese economy will start to stabilize in the fourth quarter after the recent marked slowdown due to government tightening measures, but it might face downside risks next year as external demand ...

Zones of prosperity look to the future

Our series on the nation's SEZs begins with a look at the changing fortunes of an island in Zhuhai. Meng Jing reports. There is a saying in Guangdong province that the two most painful experiences are living on Hengqin island and dying on Mangzhou island. The former was notorious ...

7b yuan earmarked for fighting flood, drought

BEIJING - China has earmarked 7.27 billion yuan ($1.07 billion) for flood control and drought relief this year, confronting unusual natural disasters afflicting the nation, said a senior official Thursday. China has appropriated 500 million yuan for Zhouqu, a mountainous ...

Tariffs on Chinese tires do not save US jobs: business council

WASHINGTON - There is no evidence that the US government's decision to impose special tariffs on tire imports from China has reduced overall tire imports or saved US jobs, a leading business group in the United States said on Wednesday. John Frisbie, president of the US-China ...

TCM products growing popular in Singapore

SINGAPORE - Singapore's appetite for traditional Chinese medicine (TCM) leapt during the global recession, even as other countries' demand was dampened during this period, local daily The Straits Times reported on Thursday. The total value of imports of Chinese medicine, Chinese ...

Screen a movie, and pay for it

Beijing - Authorities will begin charging Internet cafs, long-distance buses and other distributors for screening Chinese movies starting October, as part of the country's fight against copyright infringement. The China Film Copyright Association (CFCA), formerly called the China ...

$357m spent on fighting flood, drought this year

BEIJING - The Chinese central government has spent 2.43 billion yuan ($357 million) on flood control and drought relief as of August 23 this year, and the country's flood-fighting efforts would continue, government officials said here Wednesday. In a breakdown, 1.22 billion yuan ...

Latest World News

world

Chicago unveils Chinese New Year celebrations
Chicago unveils Chinese New Year celebrations
CHICAGO -- Chicago held a ceremony Friday at the landmark Daley Civic ...
UN chief, Syrian FM in verbal clash at conference
UN chief, Syrian FM in verbal clash at conference
The first day of the peace conference in Montreux, was marked by ...
Chaos on streets after three reported killed in Kiev
Chaos on streets after three reported killed in Kiev
Three people have reportedly been killed in Ukraine's capital Kiev ...

market

finance

Panel to push financial reform in FTZ
Panel to push financial reform in FTZ
Financial reform in the China (Shanghai) Pilot Free Trade Zone will ...
Economist sees world economy strengthening in 2014
Economist sees world economy strengthening in 2014
NEW YORK, Jan. 24 (Xinhua) -- Global economy is likely to gain ...
China economic reform in focus at World Economic Forum
China economic reform in focus at World Economic Forum
There’s been much talk of China at the World Economic Forum-and a ...

company

industry

China's banks must evolve or perish
China's banks must evolve or perish
As China's traditional banks raise interest rates to claw back lost ...
Court rejects Apple lawsuit over iPad name
Court rejects Apple lawsuit over iPad name
Shenzhen Municipal Intermediate People's Court has rejected a lawsuit ...
Chinese steelmakers see profits plunge
Chinese steelmakers see profits plunge
China's 77 major steel companies reported an average profit margin of ...

trade

sports

Injured star short-track skater Wang Meng left out of China's squad for Sochi
Injured star short-track skater Wang Meng left out of China's squad for Sochi Winter Games
Injured Olympic champion Wang Meng has been ruled out of the 139...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...
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