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Xinjiang hikes minimum wages

URUMQI - The minimum monthly and hourly wages in northwest China's Xinjiang Uygur autonomous region have been increased, regional authorities said Sunday. The minimum monthly wages to be paid to workers in the region's cities and counties, which include social welfare, have ...

China to limit nonferrous metals production by '15

China will limit production of 10 kinds of non-ferrous metals to a combined annual output of about 41 million tons by 2015, the China Securities Journal reported, citing Shang Fushan, vice chairman of the China Nonferrous Metals Industry Association. Annual 'apparent' consumption ...

'Double dip' recession unlikely in H2

BEIJING - China's economy is unlikely to see a "double dip" in the second half of this year, and the economic growth for the remaining six months is expected to surpass 9 percent, according to a Bank of Communications report released Saturday. China's economic growth will slow ...

Local govt financing 'cleanup' to be started

China's central government plans to issue rules for the "cleanup" of local government financing vehicles, the Shanghai Securities News reported, without saying where it got the information. The National Development and Reform Commission, the Ministry of Finance, the People's Bank ...

Experts will help promote collective bargaining in Beijing

A team of experts will delve into the divisive issue of who earns what in the capital. The special committee will study income distribution among employees in Beijing and is the first such committee to be set up nationwide, the local government has announced. "Income distribution ...

HK's labor wage rate proposal to be submitted in Aug

HONG KONG - The initial statutory minimum wage rate recommendation will be submitted to the city's Chief Executive next month, Hong Kong Secretary for Labor and Welfare Matthew Cheung said here Saturday. Speaking on a local radio talk show on Saturday, Cheung said the community ...

Govt gets strict on high-risk workplaces

Beijing - Strict measures to guarantee safety in high-risk industries were unveiled on Friday following a recent spate of severe accidents. The State Council, the country's Cabinet, issued a circular, urging local governments and companies to strengthen standards by improving ...

China signs currency swap pact with Singapore

BEIJING - The People's Bank of China (PBOC), the central bank, said Friday that it has signed a 150-billion-yuan ($22.12 billion) currency swap agreement with the Monetary Authority of Singapore (MAS). The agreement has a three-year maturity and can be extended if both sides ...

Ports ordered to enhance safety after pipeline blast

BEIJING - Chinese ports must strengthen safety measures, the Ministry of Transport said Friday, one week after two oil pipelines in Northeast China's Dalian Xingang Port exploded and spewed oil into the Yellow Sea. Ports must perform checks and remove safety hazards ahead of the ...

China faces increasing employment pressure

BEIJING - Although China's employment figures in the first half were "ideal", the country still faces great pressure to create jobs, a senior official said Friday. The registered urban unemployment rate stood at 4.2 percent at the end of June, unchanged from three months earlier, ...

Companies should balance pay rises and long-term development

BEIJING - Companies should strike a balance between pay increases, job creation and their long-term development, China's Ministry of Human Resources and Social Security said Friday. Ministry spokesman Yin Chengji said at a press conference that a timely and moderate rise in ...

HK sets up task force to study regulation of travel industry

HONG KONG - Hong Kong Secretary for Commerce and Economic Development Rita Lau Thursday said a special task force has been set up to look into problems deriving from "zero fee" tours after incidents regarding mainland tourists being forced to shop happened in Hong Kong. Speaking ...

Hu reiterates China's economic policy

BEIJING - Chinese President Hu Jintao has said that the government should stick to the pro-active fiscal policy and moderately loose monetary policy in the second half of this year to ensure a stable and relatively rapid economic development. Hu, also general secretary of the ...

Hukou fraud exposes home truths about registration system

HANGZHOU - As far as land grabs go, it was quiet and secret -- and the perpetrators almost got away with it. Almost 200 Chinese city government officials stealthily changed their identities on the administrative computer system and immediately became eligible for a countryside ...

Overseas projects fuel big dreams for workers

BEIJING - With more and more domestic companies undertaking overseas projects, there has also been an increase in the number of Chinese workers employed in these projects. The overseas projects have not only showcased the nation's growing prowess on the global center stage, but ...

Experts say beef up anti-flood measures

Major disaster would pose grave threat to newly urbanized areas BEIJING - As this year's first major typhoon looms off southern China, urban development experts warn that many newly urbanized areas' anti-flooding infrastructure is in such a woeful state that a major meteorologica...

Official urges development of Chinese brands for export

XINING - China needs to raise the proportion of Chinese brands in its exports, to improve the nation's trade quality and efficiency, a senior official said here Wednesday. Chinese brands make up less than 10 percent of China's exports, said Fu Shuangjian, deputy director at the ...

Single life loses glamor in face of high-cost housing

A friend who works in banking was unexpectedly dismissed not long ago. The job hunting that followed wasn't smooth. One month later, still without a new job, she could no longer afford the one-bedroom apartment she rented along the Third Ring Road. In the end she had to look for ...

Liechtenstein recognizes China's full market economy status

BEIJING - Liechtenstein Monday recognized China's full market economy status, as Liechtenstein's Crown Prince Alois von und zu Liechtenstein and Prime Minister Klaus Tchutscher visit China. Chinese Vice-president Xi Jinping and the two Liechtensteiner leaders attended the signing ...

Indonesia's Merpati to purchase 15 planes from China

JAKARTA - Indonesian State-Owned Enterprises Minister Mustafa Abubakar has said he expects the purchase of 15 new aircraft from China for state-run Merpati Nusantara airline is to be settled by the end of the year, local media reported Tuesday. "Hopefully, we can bring in all of ...

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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