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China spends $5b on poverty relief for ethnic minorities over 5 years

BEIJING - The Chinese government has spent 34.24 billion yuan ($5.1 billion) in poverty relief in regions inhabited by ethnic minorities over the past five years, said a senior ethnic affairs official Wednesday. Poverty relief funding to eight provinces and autonomous regions ...

Food prices may surge next yr on Chinese demand

Farm-commodity prices including corn will extend rallies next year, driven by increased demand from emerging markets including China, Bloomberg News reported Wednesday, citing Rabobank Groep NV. There was "rampant demand" for agricultural commodities from China, and rising corn ...

Machinery heavyweights applauding Hangzhou IPR efforts

Delegates from eight of the world's biggest heavy machinery companies recently paid a visit to Hangzhou to present the city's administration for industry and commerce plaques for its efforts in intellectual property protection. The companies included Atlas Copco Group headquarter...

Beijingers are revved up about the city's traffic plan

The recently released draft plan to deal with Beijing's traffic congestion has been a hot subject among residents. The Beijing Municipal Commission of Transport posted an official announcement on its website on Tuesday saying it had received 2,929 opinions through the Internet ...

China raises gasoline, diesel prices amid inflation pressure

BEIJING - China will raise gasoline and diesel prices 310 yuan ($46) per ton and 300 yuan per ton, respectively, beginning Wednesday, the National Development and Reform Commission (NDRC) announced Tuesday. This is the second increase in fuel prices in two months after the NDRC ...

China's farm produce prices relatively stable last week: MOC

BEIJING - Prices for Chinese farm produce and production materials remained relatively stable last week, the Ministry of Commerce (MOC) said Tuesday. During the week Dec 13-19, the wholesale prices of 18 staple vegetables were unchanged compared with the previous week, after ...

EU vows review of high-tech ban

Controls could be reduced as China asked to help ease debt crisis BEIJING - The European Union (EU) agreed on Tuesday to set up a working panel to examine boosting high-tech sales to China, while also seeking help from Beijing on combating the spreading sovereign-debt crisis. ...

Central China city to build world's 3rd tallest building

WUHAN - A central China city is selecting a blueprint for the skyscraper expected to be the world's third tallest building. The 606-meter-high Greenland Center will be built in downtown Wuhan, capital city of Hubei province, the project's developer, Shanghai-based Greenland Group...

China asks EU halting investigation on China-made modems

BEIJING - China hopes the European Commission (EC) will stop an investigation into Chinese wireless wide area networking (WWAN) modems, Commerce Minister Chen Deming said Tuesday. "We hope the EC will support the China-EU business cooperation and make a prompt decision to stop ...

China's 'most difficult to build' railway to open

YICHANG, Hubei - A railway touted as the most difficult to build in the country that cuts through southwestern China's rugged mountains with hundreds of bridges and tunnels, will open this week. The maiden train journey will leave Yichang city, central Hubei province, Wednesday ...

China-EU trade 'balanced', 'healthy': Commerce minister

BEIJING - Chinese Minister of Commerce Chen Deming said Tuesday that trade between China and the European Union (EU) is balanced and healthy. Chen told a news briefing at the third High-Level Economic and Trade Dialogue (HED) that the China-EU economic and trade relationship had ...

Beijingers suggest ways to un-jam city

As local government calls for input, residents share ideas to cut congestion With the public feedback period for the recently released draft plan to deal with the capital's congestion ending on Sunday, Beijingers are offering up their suggestions for how the city can put the ...

EU to examine export control policy

BEIJING -- The European Union has agreed to make a compromise on lifting bans on hi-tech exports by setting up a special working team to discuss and address Chinese concerns, said the minister of Commerce. "China expects the EU to loosen the restrictions on hi-tech exports to ...

China to continue proactive fiscal policy in 2011

BEIJING - China will continue to implement its proactive fiscal policy in 2011 and better handle the relations between maintaining steady and relatively fast economic development, restructuring the economy and managing inflation expectations, Finance Minister Xie Xuren said ...

Local gov'ts increasingly dependent on land-use charges

BEIJING - Local governments in China being increasingly dependent on land-use fees for revenue has caused social problems, including rapid increases in housing prices, the official newspaper of the Communist Party of China (CPC) reported Monday. In 2009, local governments ...

Experts to file land seizure regulation proposal

BEIJING - The protection of public interests and participation in decision-making processes should be highlighted in the country's updated urban demolition draft regulation to curb forced land seizures, legal experts have said. A panel of eight professors from the Constitution ...

Public wary of property prices

SHANGHAI - Most potential homebuyers in Shanghai are prepared to delay their purchase by at least three years in the hope government will cool the real estate market. According to newly released results of an online survey conducted by local government about residents' attitudes ...

China to stabilize prices as New Year comes

BEIJING - With the New Year and China's Spring Festival approaching, China will improve efforts to stabilize prices and ensure abundant supply of essential commodities, according to an official circular issued Sunday. Cracking down on price speculation and related market ...

Central SOEs sign contracts worth 293b yuan with Guizhou

BEIJING - Representatives for a number of centrally-administered State-owned enterprises (SOEs) signed 47 contracts worth 292.9 billion yuan ($44.38 billion) with authorities of Southwest China's Guizhou province Sunday. The 47 projects included industries such as minerals ...

SW China's Yunnan earmarks 3b yuan for coffee growing

KUNMING - Yunnan province in Southwest China plans to invest 3 billion yuan ($454.5 million) in boosting its coffee industry in the coming decade, a trade association head said Sunday. Most of the money will be used to improve soil quality so barren land can be converted into ...

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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