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France seeks China's green industry investment

BOAO, Hainan- France is striving to invite more Chinese companies to invest in the country's green industry, a French investment official said here Friday.The French authorities sought to attract overseas investment to create more jobs by taking the advantage of global economic ...

US slaps punitive penalties on Chinese steel pipes

WASHINGTON - The United States on Friday imposed anti-dumping duties ranging from 30 percent to 99 percent on imports of steel pipes used in oil and gas wells, a move that might escalate trade disputes between the two countries.The Commerce Department said in a statement that ...

Tibet's tourism sees recovery in golden April

LHASA- Tibetan tour guide Nyima took an early morning train to Beijing Friday to accompany an American tour group to Lhasa.The 27 teachers from the United States are the third foreign tour group Nyima has received since April 1."In April last year I received six foreign groups in ...

China to accelerate yuan internationalization: HKEx

BOAO, Hainan - The internationalization process of China's currency yuan, or Renminbi (RMB), will accelerate, Li Xiaojia, chief executive of Hong Kong Exchanges and Clearing, said here Friday. Li made the remarks at a meeting of Boao Forum for Asia's annual meeting which will ...

China cracks down on illegal sewage dumping

BEIJING - China on Friday launched a nationwide campaign to punish industrial companies illegally dumping sewage in a bid to better protect its environment. The campaign will focus on pollution from the heavy metals industry, according to a statement released after a conference ...

China State firms hand in plans to exit property sector

BEIJING: China's agency overseeing big State-owned businesses has received plans from 78 State companies spelling out how they intend to sell out of the nation's heady property market, a Chinese newspaper said on Friday. The China Securities Journal also reported that the State...

China urges early resolution on shoe trade dispute with EU

BEIJING - China's Ministry of Commerce reiterated Friday its firm stance of safeguarding the legitimate rights and interests of domestic shoe makers, calling for early resumption of leather shoes trade with the European Union (EU). Several rounds of negotiations, most recently on ...

Basic coverage for migrants

The migrant population in Beijing will be covered by the basic social insurance system, according to the municipal government's Humanistic Beijing Action Plan (2010-12) released on Wednesday. The draft version of the action plan covered only migrant workers, but the released ...

Wang, Geithner exchange views on economic relations

BEIJING - Vice-Premier Wang Qishan met US Treasury Secretary Timothy Geithner in the Chinese capital on Thursday and discussed economic ties. In a brief statement after their meeting, the Treasury Department did not say whether the two sides discussed currency issues. The Chinese ...

Sudden yuan change poses risks

SHANGHAI - An abrupt and bold step to raise the value of the Chinese currency will not benefit China, the United States or the global economy, but may increase inflation risks in Asia, Xia Bin, a newly appointed member of the central bank's Monetary Policy Committee, said on ...

78 SOEs file plans to exit property market: official

BEIJING - Seventy eight state-owned enterprises (SOEs) have filed plans to exit the property sector after being ordered to do so within 15 working days, an official with the State-owned Assets Supervision and Administration Commission (SASAC) said Thursday. "The 78 companies are ...

BFA secretary: Don t politicize trade rows

BOAO, Hainan - All nations should avoid politicizing trade protectionism as it will lead to eye-for-an-eye retaliation and unreasonable trade wars, China's former deputy trade minister Long Yongtu has said. "Policies that violate WTO (World Trade Organization) rules to meet ...

Commerce minister: Deficit temporary phenomena

A trade deficit, if one happened in March, would be a "temporary phenomena" for China on the way to recovering its economic growth and "cannot last for long", Chen Deming, minister of commerce, told China Daily on Thursday. China insists that maintaining the trade balance is the ...

China, Costa Rica ink free trade agreement

China and Costa Rica signed a Free Trade Agreement (FTA) in Beijing Thursday to remove trade barriers and enhance bilateral ties, the Ministry of Commerce announced in a statement on its website. The agreement was the first free-trade pact inked between China and a Central ...

HK and Guangdong sign cooperative agreement

HONG KONG - Donald Tsang, chief executive of Hong Kong, and Huang Huahua, governor of Guangdong province, signed the first framework agreement on Hong Kong-Guangdong cooperation in Beijing on Wednesday in the presence of Vice-President Xi Jinping. At the ceremony, Tsang said the ...

Home buys come under CPI ambit

BEIJING: China's Consumer Price Index (CPI), a main measure of inflation, would be made more relevant to the dramatically rising home price since next year, said the National Bureau of Statistics (NBS) on Wednesday. The factors of mortgage loan rate and home prices would be given ...

Shanghai plans property tax: report

Shanghai, China's wealthiest city, may impose a property tax to curb price gains, the Shanghai Securities News reported, citing unidentified people. The city government has already completed a basic plan for the tax, which would affect ownership of investment properties, the ...

Mainland, Taiwan to boost cross-Strait tourism

Beijing: The Chinese mainland and Taiwan will open tourism representative offices on each other's side of the Taiwan Strait in May, a mainland spokeswoman said here Wednesday. The mainland-based Cross-Strait Tourism Exchange Association (CTEA) will set up its Taipei office on May ...

Reining in housing speculation in high-price cities

China will restrict housing speculation moves in cities with skyrocketing housing prices and insufficient supply, the National Business Daily reported Wednesday, citing an unidentified official with the Ministry of Housing and Urban-Rural Development (MOHURD). Multiple and bulk ...

Foreign trade recovers to pre-crisis level in Guangdong

GUANGZHOU: Guangdong province, a major economic powerhouse in southern China, reported a recovery in foreign trade to the pre-crisis level in the first quarter of this year, according to data released Wednesday by local customs house. Between January and March, Guangdong's ...

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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