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India visit to help smooth trade ties

Premier's trip, first in four years, to yield multi-billion dollar deals BEIJING/NEW DELHI - Premier Wen Jiabao's visit to India this week will yield a slew of commercial deals, which will help smooth trade relations between the two emerging economies, senior officials said on ...

China, India expect to sign series of trade deals amid Wen's visit

BEIJING - China and India are expected to sign a series of economic and trade agreements during Chinese Premier Wen Jiabao's visit to India, a Chinese trade official confirmed at a press briefing Monday. Liang Wenzhao, deputy director of the Department of Asian Affairs of China's ...

China gears up economic transformation of coal-rich Shanxi province

BEIJING - China's top economic planning body said Monday it has approved the establishment of a "pilot economic transformation zone" in North China's coal-rich Shanxi province to diversify the region's resource-based economy. The goal of the zone was to transform the conventional ...

China pushes public hospital reform forward

BEIJING - As an integral part of China's ongoing health care reform, the country has assigned 47 cities so far to spearhead the reform of government-run hospitals to offer more equitable and efficient medical services. Deputy health minister Ma Xiaowei said 16 of the cities - ...

Beijing's new traffic rules trigger hot debate

BEIJING - Beijing will soon release a draft traffic plan that aims to ease the city's traffic gridlock problem, an unnamed city government official said on Dec 10. The city government hopes to receive feedback from citizens and experts on the plan before making a final one. The ...

Farmers' medical burden lightened

LANZHOU - Hospital visits by farmers in an impoverished northwest China county have more than doubled over the last five years -- not because of more illness, but because the ill can now afford treatment. The hospitalization rate of residents in Yuzhong county, of Lanzhou, ...

Experts weigh China's development opportunities

BEIJING - Towards the end of the first decade of the 21st century, Chinese experts are weighing the previous years' achievements and development opportunities in the country. The Communist Party of China (CPC) and the government has successfully grasped and utilized the important ...

More policies to curb inflation

'Stable, relatively fast growth' will be maintained BEIJING - China vowed on Sunday to increase efforts to combat inflation while maintaining "stable and relatively fast" economic growth, as consumer inflation hit a 28-month high of 5.1 percent in November. "The priority is to ...

Price fixers face harsher penalties

BEIJING - Chinese vendors who collude to fix prices will face fines of up to 5 million yuan ($751,880) under new penalties to control prices. The new penalties, released by China's State Council, or the Cabinet, on Dec 10 overturn the previous 1-million-yuan maximum fine for ...

Prognosis for medicine costs looking good

BEIJING - The Chinese government announced on Dec 9 that it will standardize the purchase of essential drugs at government-funded grassroots medical institutions to reduce people's financial burdens. A statement on the central government website said new measures will ensure a ...

Govt takes knife to cosmetic industry

Beijing - China will wage a national crackdown on unqualified medical cosmetology organizations following a young girl's death during cosmetic surgery, health authorities said on Dec 10. On Nov 15, 24-year-old Wang Bei, a former talent show contestant, died during facial bone...

Rising costs prompt firms to revamp

SHANGHAI - Faced with rising labor costs and an appreciating yuan, China's exporters are more eager this year than ever to restructure their businesses in a move to add value to their products. The nation has vowed to restructure its economy, shifting to a consumption-driven ...

Real estate market faces a tough time next year

BEIJING - The cash flow of many Chinese property developers is being squeezed as the central government further tightens financing channels to curb the property price growth. The move will provide room for a further price drop and better investment opportunities for real estate ...

Tighter control of plastic surgery industry promised

BEIJING - China's Health Ministry has vowed to tighten supervision of the cosmetic surgery industry after the controversial death of a young woman during an operation last month. The ministry planned to launch a nationwide inspection of the industry in the near future, ministry ...

China to promote global sale of Chinese books

BEIJING - China has launched a marketing project to promote Chinese books and printed publications in the global market, a General Administration of Press and Publication (GAPP) official said Friday. The project will include: cooperation with international and regional marketing ...

New audit regulation to deter corruption

BEIJING - Provincial level officials and ministers will be held more fiscally responsible under an expanded auditing system, the country's top auditor said on Thursday. "The regulation will be significant in supervising officials' power use and corruption prevention," Liu Jiayi, ...

China to transform pattern of growth

CANCUN, Mexico - China will stay the course of sustainable, low-carbon and green development and will never repeat developed countries' old path of high energy consumption and unlimited emissions, China's climate chief negotiator said Wednesday. China still has a large population ...

Hainan should step up changing growth pattern: Official

HAIKOU - South China's Hainan province should step up changing growth pattern and pursue a scientific path for economic and social development in efforts to build itself into an international tourist resort, a senior official said. He Guoqiang, member of the Standing Committee of ...

China hopes for rapid US economic recovery: commerce minister

WASHINGTON - China hopes that the US economy could recover as soon as possible because it is important to the whole world, Chinese Commerce Minister Chen Deming said Wednesday. Chen was speaking at a press conference after the China-US Joint Commission on Commerce and Trade held ...

Land battles most dire rural issue: Report

BEIJING - Land disputes have emerged as rural China's most volatile social problem, as forced acquisitions have been generating growing social unrest, China's top think tank said in its annual report on Wednesday. The Chinese Academy of Social Sciences (CASS) said in its 2011 ...

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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