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Chinese graduates not well enough prepared for work: survey

BEIJING - Most Chinese college graduates in 2009 were not well prepared for the workplace, lacking in professional skills. They found little room for career development and were also constrained by low pay in their jobs, according to a recent survey. Carried out by www.people.com...

China to launch campaign to inspect work safety

BEIJING - China will launch a two-month campaign to inspect work safety nationwide on April 5, according to the work safety commission of the State Council, or the Cabinet. Serious accidents took place in succession in some areas and industries recently, which shows negligence ...

Chinese, Japanese vice PMs vow to boost economic ties

BEIJING - Chinese Vice Prime Minister Li Keqiang has pledged to enhance dialogue with Japan on macro-economic policies in a bid to bolster the two economies, the development of the Asia-Pacific region and the recovery of world economy. The world economic recovery was gaining ...

China mulls real name registration for online shops

BEIJING - Supporters outnumbered opponents Sunday in an online poll on introducing a real-name system to online retail registration after China's commerce authority issued a draft to solicit public opinion. The State Administration for Industry and Commerce released a draft ...

China's non-State automaker produces 2m cars

HEFEI: Chery Auto, one of China's major non-State automakers, had its 2 millionth car roll off the line Friday morning. It was the nation's first self-owned auto brand with output hitting the 2-million mark. Based in Wuhu of eastern China's Anhui province, Chery Auto produced its ...

China likely to remain net importer of coal in 2009: expert

China's position as a net importer of coal is unlikely to change although domestic supply is expected to increase next year, said an industry expert. The prediction is based on exorbitant cost of domestic transportation and the current export and import policy, said Jiang Zhimin, ...

Tough rules set to drop home prices 30%

New restrictions kick in over weekend Home prices may drop by as much as 30 percent by the end of this year in Beijing, following the introduction of tough new rules that among other things ban families from buying more than one additional home. In addition, non-locals are not ...

China's novel approach to iron ore negotiations

BEIJING - In response to the world's top three iron ore suppliers' negotiation attitude of "take it or leave it", China can both take it and leave it in different ways, experts say. "It seems China has accepted the quarterly benchmark iron ore pricing scheme proposed by the iron ...

Real estate sales witness big fall

Tough property measures will 'benefit economy in long term' BEIJING - The booming property market suddenly cooled down in April - in home sales, at least - after a range of government measures aimed at curbing runaway prices. However, the measures are also fueling concerns that ...

Buffett says China is an amazing economy

OMAHA: US billionaire Warren Buffett said on Saturday that China is an amazing economy and the Chinese people will be living better lives in 20 years than today. When responding to a question from a Chinese student who is currently studying at Kansas City, Buffett said China is a ...

Mainland-Taiwan tourism expo kicks off in Taipei

TAIPEI: An expo aiming to promote tourism between the Chinese mainland and Taiwan launched Friday. Organized by Taiwan's Travel Agent Association, the four-day expo has drawn mainland travel agency representatives from 18 provinces and cities, including Fujian, Guangdong and ...

Severe drought could affect China's coffee industry

KUNMING: The once-in-a-century drought that has parched Southwest China would affect the output of 60 percent of the coffee farms in Yunnan province, says a report by the Coffee Association of Yunnan (CAYN). And industry analysts say the persistent drought would also threaten ...

Beijing unveils tough measures to curb housing price rises

BEIJING: Beijing banned all families from buying more than one home Friday, in a tough set of restrictions designed to curb speculation and soaring home prices. As of Friday, "one family can only buy one new apartment in the city for the time being," the municipal government said ...

Foreign debt quota cut aims to curb 'hot money' inflows

BEIJING: China's decision to cut its short-term foreign debt quota was aimed at preventing irregular cross-border fund inflows and curbing speculative money inflows, analysts said Friday. The government cut its short-term external debt quota by 1.5 percent for 2010 compared with ...

Steps on to trim service trade deficit

BEIJING: China will make every effort to achieve a 10 percent growth in service trade this year, on the back of steps to narrow the trade deficit in the sector, the Ministry of Commerce said on Thursday. The ministry said the nation's service trade fell by 6 percent to $286.8 ...

China drafts plan to boost green facilities development

China's Ministry of Industry and Information Technology (MIIT) is drafting a plan to develop environmental protection facility manufacturing, the Shanghai Securities News reported on Friday. Some key environmental protection facility projects might be able to get government ...

Hangzhou to attract visitors with 40m yuan in coupons

Hangzhou plans to give away 40 million yuan ($5.86 million) worth of free tourism vouchers to attract more visitors during the World Expo 2010, after last year's success with coupons. Of the estimated 70 million visitors to the Expo in Shanghai, "70 percent will tour other cities ...

Govt OKs guidelines to promote economic system reforms

The State Council, or China's Cabinet, on Thursday approved guidelines tailored to promote the country's economic system reforms in 2010, in a bid to build more flexible systems to keep pace with the fast economic growth in the nation. China will continue to encourage the non...

China to boost foreign investment in central regions

NANCHANG: Chinese Ministry of Commerce released regulations concerning foreign investment in China's central region here Thursday. The region - which includes the provinces of Shanxi, Anhui, Jiangxi, Henan, Hubei and Hunan - should attract high-end green industry with policy ...

ASEAN-China FTA bearing fruit: official

SINGAPORE: The Association of Southeast Asian Nations (ASEAN) effort in engaging pro-actively with China in free trade agreement (FTA) is bearing fruit, an ASEAN official said on Thursday. Sundram Pushpanathan, Deputy Secretary-General of ASEAN for the ASEAN Economic Community, ...

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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