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China's grain prices to remain stable: NDRC

BEIJING - Increased international grain prices are not high enough to raise China' s domestic prices, and the ample domestic supplies will be able to meet the demand this year, China' s economic regulator said on Friday."Currently, the global grain prices are still much lower ...

Nanning corridor to boost trade

Nanning - The proposed Nanning-Singapore Economic Corridor will boost the volume of freight transported between China and the Association of Southeast Asian Nations (ASEAN) in the next 10 years, a senior researcher said on Friday. Li Xinghua, President of the Transport Planning ...

HK increasing land supply to avoid bubble

HONG KONG - The Special Administrative Region's government said on Friday it will further increase land supply and tighten mortgage lending to avoid a property bubble, warning that prices of some flats are approaching historic highs. John Tsang, the city's financial secretary, ...

China, Switzerland agree to start FTA talks

BEIJING - China and Switzerland on Friday agreed to start free trade agreement (FTA) talks, as the two states celebrate their 60th anniversary of diplomatic ties. Chinese President Hu Jintao and his Swiss counterpart, Doris Leuthard, witnessed the signing of the memorandum of ...

China to keep reining in housing market

BEIJING -- Chinese Vice-Premier Li Keqiang said Friday that the government would continue to regulate the housing market and resolutely crack down on speculative property investment and other unreasonable market demands. He said the government would continue to increase the ...

Central SOEs' tax payments in 2009 up 10.1%

BEIJING - China's 129 centrally-managed State-owned enterprises (SOEs) paid 1.14 trillion yuan (about $168 billion) in taxes last year, up 10.1 percent year-on-year, the State Assets Supervision and Administration Commission (SASAC) said Friday. The added-value tax the SOEs paid ...

China expects Q3 CPI growth to stay around 3.3%

BEIJING - China's third-quarter consumer price index (CPI), a major gauge of inflation, is expected to be around the same level as it was in July, 3.3 percent, the National Development and Reform Commission (NDRC) said Friday. Despite upward pressure on prices in the third ...

China still a focus for foreign direct investment

NANNING - Some western commentators say China's foreign direct investment climate has worsened. But experts and entrepreneurs attending the on-going 5th Pan-Beibu Gulf (PBG) Economic Cooperation Forum disagreed. China is a better destination because of China's advantages, ...

China travel and meetings show to open

The China Incentive Business Travel and Meetings Exhibition (CIBTM www.cibtm.com), will take place from August 31 to September 2, 2010 at the China National Convention Center in Beijing. Co hosted and supported by the China National Tourism Administration and the Beijing ...

Pan-Beibu Gulf members ink port agreements

NANNING - Port companies from China and Southeast Asian countries inked agreements to strengthen cooperation at the fifth Pan-Beibu Gulf (PBG) Economic Cooperation Forum which closed here on Friday, as part of the efforts to construct the PBG logistics network. These agreements, ...

Brazil hopes to promote trade with China in agriculture

RIO DE JANEIRO - Brazil wants to boost trade with China in agricultural products, and will export more pork to and import more fish from China in the next few years, Brazilian Agriculture Minister Wagner Rossi said Thursday. The two countries enjoy a very good trade partnership, ...

State-owned assets in central SOEs grow to 2t yuan

BEIJING - The State-owned assets in China's centrally-administered State-owned enterprises (SOE) reached 2.01 trillion yuan ($297.40 billion) by the end of June, up 10.71 percent from 2008, China's State-owned assets regulator said on Thursday. Nearly a quarter of the SOEs have ...

Zimbabwe seeks economic co-op with China's Anhui

HEFEI, August 12 (Xinhua) -- Zimbabwe hopes to further its economic and trade cooperation with east China's Anhui province, said visiting Zimbabwean President Robert Mugabe here on Thursday. The first visit to Anhui was very impressive to him, Mugabe said in a meeting with Zhang ...

China's machinery sector may cool in step with economy

Beijing - China's machinery industry has rebounded during the first half of this year, but the momentum is likely to slow as the country's economy cools. The machinery industry has grown by 37 percent during the first six months of 2010, with a total output value of 6.59 trillion ...

China iron ore imports up 9% in July

China's imports of iron ore in July rose 9 percent from June to 51.2 million tons, customs figures showed on Tuesday. The increase followed three consecutive monthly declines to 47.2 million tons in June, with Chinese customers holding back on purchases amid fading domestic ...

China outlines economic system reforms in 2010

BEIJING - China's State Council, or the Cabinet, said Monday it will "gradually push forward" property tax reform as part of this year's economic reforms. The government will deepen fiscal and taxation system reforms by gradually advancing property tax reform, reforming resource ...

Wen: Global economy double-dip possible

TOKYO: Chinese Premier Wen Jiabao warned on Monday that global economic growth remained vulnerable to sovereign debt risks and the possibility of a second downturn, but said China's growth remained on track. Wen told an audience of Japanese business executives that it was too ...

China to reform resource and property taxes

China will further reform its taxation system in 2010, including plan to draft and release new guidelines on resource tax reform and a gradual implementation of property tax reform, according to a statement posted on the government's website. The statement, a guide to China's ...

China inflation to peak in summer: economist

BEIJING: Chinese inflation will peak this summer, a respected economist said, as a top planning official pinpointed decreased land supply and the rising cost of agricultural labor as driving strong prices of Chinese agricultural commodities. Ha Jiming, chief economist at China ...

Battling drought with water-saving technology

BEIJING - Zhou Jiagui and his wife Zhang Xiuying stopped farming at 4:50 pm and set off with a shoulder pole and bucket to fetch water from a fire truck parked 300 meters from their home in Dashiqiao. All the residents of the village in Southwest China's Yunnan province have been ...

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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