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China puts on market pork reserves to ensure supplies

BEIJING - China has put on the market state pork reserves to stabilize prices and ensure adequate supplies during the upcoming New Year Festival, an unnamed official with the Ministry of Commerce said Friday. The government put on the market pork from 26 state reserves in 12 ...

Property price rise rate to slow in 2011

BEIJING - The price of property in China will continue to rise in 2011, but the rate of growth will slow down. A leading real estate research institute said on Friday that prices will increase by 8 to 9 percent next year, but an improved demand-and-supply relationship, as well as ...

China delivers first upgraded passenger aircraft

XI'AN - China's first new-generation homegrown short haul passenger aircraft, Xinzhou-600, was delivered Friday to China Civil Aviation College in Guanghan city of Southwest China's Sichuan province. The Xinzhou-600, developed by Xi'an Aircraft International Corporation (XAIC) of ...

China subject to 56 trade remedy investigations in first 11 months

BEIJING - China was the subject of 56 trade remedy investigations launched by 19 countries and regions in the first 11 months, figures from the Ministry of Commerce (MOC) showed Friday. These investigations targeted Chinese products with a total value of about $7 billion, an ...

Countries join in copyright crackdown

BEIJING - Cracking down on copyright infringement needs more cooperation between police from different countries, given the international nature of such cases, the Ministry of Public Security said on Thursday. Meng Qingfeng, head of the economic crime investigation department of ...

Tata has China in its sights

MUMBAI, India - Sitting in a conference room at Bombay House, a privately owned building in the heart of Mumbai that dates back to the 1920s, B. Muthuraman looks like most of India's successful businessmen with the ambition to make a difference in the world. Unlike many Indian ...

Forum addresses uneven salaries

TIANJIN/SHENZHEN - The Chinese government should promote the reform of the fiscal and tax system during the 12th Five-Year Plan (2011-2015), especially regarding the personal income tax system, said a central bank adviser. Li Daokui, an academic member of the central bank's ...

Shanghai has riverfront plan as 'calling card'

SHANGHAI - Shanghai is poised to make its Suzhou River the Chinese counterpart of the Hudson in New York, planning to send luxury yachts cruising on the inland waterway in the hope of transforming it into a calling card for the city compatible with its future status as a global ...

PBOC vows interest rate prudency

Central bank chief highlights measures to 'slow down the mulitplication of money' BEIJING - People's Bank of China Governor Zhou Xiaochuan said that the nation needs to take more measures to solve its problem of liquidity-driven inflation but warned that the bank should be ...

China highly concerned about US trade challenge

BEIJING - China's Ministry of Commerce (MOC) said on Thursday that it was "highly concerned" about the US decision to ask the World Trade Organization (WTO) to study the subsidies to the Chinese wind power equipment makers. China's measures to promote wind power development ...

China launches anti-dumping probe into EU paper

BEIJING - China's Ministry of Commerce (MOC) said it had decided to launch an anti-dumping probe into photographic paper imported from the European Union (EU), the United States and Japan as of Thursday. The investigation will focus on evidence and damages of dumping to China's ...

China boosts land supply in 2010

China increased land supply this year and stepped up the scrutiny of real estate investments by foreign companies as it rolls out more measures to contain 18 months of gains in property prices, Bloomberg News reported Thursday. China's land supply rose 48 percent to 128,200 ...

US accuses China of subsidizing at WTO

WASHINGTON - The United States on Wednesday asked China for talks at the World Trade Organization accusing China of illegally providing subsidies to Chinese manufacturers of wind power equipment, Reuters reported Wednesday. US trade officials said they were concerned Chinese ...

China to raise pensions, subsidies for poor students

BEIJING - The State Council, China's Cabinet, announced Wednesday it will raise the pensions of retired enterprise-employees from 2011 and increase subsidies for poor students, amid increased inflation concerns. The State Council decided at an executive meeting presided over by ...

China crackdowns on central departments' false expenditure

BEIJING - Chinese auditors found 142 million yuan ($21 million) were wrongly paid to central government departments as reimbursements of fake invoices in June this year, and now 68.31 percent of the funds, or 97.37 million yuan, had been recovered. The remaining fake invoices, ...

Chinese VP stresses innovation and economic restructuring

BEIJING - Chinese vice premier Li Keqiang on Wednesday called for a better environment for enterprises to boost innovation and transformation of economic development patterns. Li made the remarks while paying a visit to a national independent innovation demonstration zone in ...

Workers get help in battle for back pay

Many employers owe their migrant staff huge sums and won't deliver With the Spring Festival holidays approaching, Beijing is launching a special campaign to protect migrant workers' rights and benefits. The drive, which was launched on Dec 1, has so far helped 634 laborers ...

Festival helps light up businessman's profits

SHANGHAI - While Christmas was still like a fairy tale to most people in China in the early 1990s, Gong Yuequan, then in his mid-30s, saw it differently. To him, the festive season provided an opportunity for business, and he became the first person to sell Christmas decorations ...

Strict rules no obstacle to daigou industry

BEIJING - Despite China's recent efforts to prop up its domestic market and to crack down on the smuggling of foreign goods, the popular business known as daigou is booming as Christmas is around the corner. Daigou is a mostly Internet-based business in which companies act as ...

China to add more items to tariff reduction catalog

BEIJING - China will add more items to its preferential technologies and products import catalog to boost mechanical and electrical products imports, a Ministry of Commerce (MOC) official said Wednesday. Emerging industries and traditional equipment manufacturing will be included ...

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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