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Chinese shares close higher on Tuesday

BEIJING - Chinese equities closed higher on Tuesday as the benchmark Shanghai Composite Index went up 1.79 percent, or 51.20 points, to close at 2,904.12 points. The Shenzhen Component Index gained 2.51 percent, or 314.90 points, to close at 12,872.45 points. Combined turnover ...

CSRC: No timetable for int'l board

The China Securities Regulatory Commission (CSRC) is still in preparation to launch the international board but there is no specific timetable, the Securities Daily reported Tuesday, citing Shang Fulin, head of the CSRC. The international board will allow foreign-incorporated ...

CCB's HK unit to challenge HSBC in mutual fund sales

HONG KONG - China Construction Bank Corp's Hong Kong unit targets at least 20 percent annual growth in revenue from selling investment products in the city, where the number of millionaires doubled last year, Bloomberg News reported Thursday. According to consumer banking head ...

Govt selects pilot carbon reduction locations

Country pledges to cut intensity rate by up to 45 percent by 2021 Beijing - The National Development and Reform Commission (NDRC), China's top economic planning body, said on Wednesday that it has selected a series of pilot carbon cities as a way of addressing the nation's carbon ...

Charging guides for electric cars to be issued

China will issue three standards in October to regulate charging facilities for electric cars, the Shanghai Securities News reported Monday, citing an unnamed source from the State Electricity Regulatory Commission. Five more standards are being drafted and will be released ...

China restricts rare earths for environment: Minister

China's decision to impose limits on production and exports of rare earths is based on concerns about environmental protection and national security and it is not contradictory to the rules of the World Trade Organization, Chen Deming, minister of commerce, told reporters after ...

China to nurture 7 new strategic industries in 2011-15

BEIJING - China will nurture and develop seven new strategic industries with favorable policies in the next five years, according to an official document released Wednesday. The document, the Communist Party of China (CPC) Central Committee's Proposal for Formulating the 12th ...

Shandong introduces e-bike subsidy

JINAN - Shandong province is the latest of 10 Chinese provinces to provide a subsidy on rural electric bicycle purchases, and it was just the incentive Song Yingxue, a farmer in the east China province, needed to buy a 2,410 yuan ($361) "luxury" - the e-bike. With the subsidy, ...

China shuts down 1,355 coal mines in first 9 months

BEIJING - China shut down 1,355 small coal mines with a total production capacity of 125.2 million tons by the end of September as part of efforts to restructure its mining industry, the National Energy Administration (NEA) said Thursday. The latest figures indicate that the NEA ...

Top legislator stresses enforcement of energy-saving law

BEIJING - China's top legislator Wu Bangguo has highlighted a nationwide inspection of enforcement of the country's law on saving energy to build a resource-efficient and environment-friendly society. Wu, chairman of the National People's Congress (NPC) Standing Committee, made ...

Overcapacity, technology issues plague LED sector

NANCHANG - Besides being an architectural marvel, the six-kilometer-long Bayi Bridge these days has one more attraction the city can be proud of - its array of light emitting diode (LED) lamps. The "LED lamp zone" in Nanchang is not confined to the giant bridge across the ...

China steps up efforts to cut emissions

BEIJING - With a growing multitude of smokestacks dismantled and polluting factories closed, China is scaling up its often painful efforts to curb greenhouse gas emissions and boost energy efficiency. The Chinese government is currently deliberating the 12th Five-Year Plan for ...

Roadmap to draw green investments

Major economies have latched onto low-carbon bandwagon to spur growth TIANJIN - China needs to compile an investment guide to rope foreign investment into its green projects, an adviser to the People's Bank of China said on Wednesday. "When the world's capital is seeking ...

Progress possible in Cancun

China will do all it can to play a constructive role in reaching an outcome 'which is acceptable for all' in Mexico The world's media are getting ready for the United Nations Climate Change Conference that opens next Monday, in Cancun, Mexico. Environmental ministers from more ...

China to get tougher in energy saving: officials

BEIJING- China will resort to more legal, technical and fiscal measures for greater progress in energy saving and emission reduction over the next 5 years, said officials attending the China International Green Industry Forum 2010 in Beijing Wednesday. Xie Zhenhua, deputy ...

Plan targets polluted water

XIAMEN, Fujian - Marine ecological restoration has been included for the first time in the country's highest-level planning. The inclusion of a key anti-pollution task in the 12th Five-Year Plan (2011-2015) is part of a concerted effort to deal with the problem of worsening ...

China sets emission cuts as 'binding goals' in 2011-15

BEIJING - China is set to make the reduction of energy consumption intensity and carbon dioxide emissions "binding goals" in the next five years, according to a proposal released by the Communist Party of China (CPC) Central Committee Wednesday. The move was part of China's ...

China's industrial polluters given 2 months to close

BEIJING - China's industry chiefs have warned more than 2,000 companies to close obsolete production facilities within two months or face cuts in credit and a suspension of government approvals. The Ministry of Industry (MIIT) and Information Technology has set the deadline at ...

Ratings are breath of fresh air for energy savers

High energy-consuming air conditioners will be abandoned after a stricter energy efficiency rating system goes into effect in June. The new rating system categorizes air conditioners into three levels, two less than previously. Machines rated Level 1 are those that can save the ...

China to build industrial system of low-carbon emissions

China will build an "industrial system" and "consumption pattern" with low carbon emissions, Premier Wen Jiabao said in the government work report he delivered at the parliament's annual session Friday. China will work hard to develop low-carbon technologies as well as new and ...

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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