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Working Conference on Domestic Investment Attraction held

Last year, Dalian had an actual amount of domestic capital in place of more than 102.7 billion yuan, an increase of 69.7%, exceeding 100 billion yuan for the first time and ranking first in the province for two consecutive years. 50% more projects commenced within the same year, ...

Jinzhou New Area ensures enterprise employment

There is strong enough demand for enterprise employment and an adequate supply of human resources in Jinzhou New Area so as to allow a stable situation for employment. From a survey on the demand for human resources in 100 key enterprises, 42 of them need help, with a total ...

Hundred-Thousand-Ten Thousand Program in Xigang

Taking the implementation of the Hundred-Thousand-Ten Thousand Program as an important part of the district s Year of Improvement of People s Livelihood, Xigang Population Family Planning Commission has inaugurated Three Projects on Reproductive Health Care Healthy Family so as ...

Hot money inflows complicate yuan investment

The risk of a surge in "hot money" is one of the reasons why China is unlikely to allow foreign companies to make yuan investments this year, even though a feasibility study was completed last year, said an unnamed source with the Ministry of Commerce (MOC). "The ministry looked ...

China considers tariff reduction to boost imports

Import tariffs will be reduced on a range of products and red tape involved in import application procedures will be further cut, to "maintain balanced trade", a senior official told China Daily. "We will launch a series of measures to stimulate imports this year, including ...

Chinese ministries, local governments coordinate efforts to battle price hikes

Chinese ministries and local governments have coordinated efforts to combat price hikes by increasing grain supplies, clamping down on speculation and offering subsidies, as the central government has growing concerns about rising inflation. In a move to head off price hikes, the ...

Regulations of Tianjin Municipality on Old-Age Insurance for Workers and Staff of Urban Enterprises

Adopted at the 21st Session of the Standing Committee of the 12th Tianjin Municipal People s Congress on 10 January 1996 Amended at the 36th Session of the Standing Committee of the 12th Tianjin Municipal People s Congress on 22 October 1997 in accordance with the Decision on ...

Yuan to be convertible in capital account in 5 yrs

BEIJING - China would progressively make its currency, RMB, convertible on the capital account in the next five years amid its push for the deeper internationalization of the currency, or yuan, the country's foreign exchange chief said Tuesday. "The overall strategy for the ...

Great benefit for US from Sino-US trade co-op

Chinese market "cash cow" of the US Since the beginning of the new year, American companies one after the other have proposed their new policies of investing in China. General Electric Company (GE) will invest more than $2 billion to sharpen its research and development in China ...

Full Text of China-U.S. Joint Statement

China and the United States on Wednesday issued a joint statement, which covers a range of issues such as strengthening bilateral relations, addressing regional and global challenges, building a comprehensive and mutually beneficial economic partnership, and cooperating on ...

Foreign media react positively to President Hu interview

Major foreign media have been positive in their coverage of Chinese President Hu Jintao's recent interview with two U.S. newspapers. On the eve of his state visit to the United States, Hu answered questions concerning major domestic and international issues in a written interview ...

GDP 'to slow this year'

The country's gross domestic product (GDP) growth is expected to retreat to 9.8 percent this year, with inflation likely to be under control at 3.7 percent, a government think tank said on Saturday. "Tighter credit and a higher economic growth base in 2010 will drag down the 2011 ...

More rate increases necessary: central bank advisor

China needs to extend interest rate increases and allow the yuan to gain by about 5 percent annually to combat inflation and avoid fuelling asset bubbles, said Li Daokui, a central bank monetary policy committee member. "Rate increases are necessary," Li said in an interview with ...

Central bank to remove policy barriers for yuan use

Zhou Xiaochuan, China's central bank governor, pledged to remove domestic policy barriers to promote the yuan's use in cross-border trade settlements and outward investments by Chinese enterprises. However, Zhou said the government does not have any predetermined goal for the ...

Inflation high, China may tighten money supply

Central bank governor Zhou Xiaochuan said that inflation still runs high in China, indicating that Beijing would continue to tighten monetary policies to rein in price bubbles. Zhou, head of the People's Bank of China, said on Sunday in Japan that China's inflation is "higher ...

China should increase precious metals

China should increase its gold and silver reserves, the Economic Information Daily reported on Monday, citing an interview with China's central bank adviser Xia Bin. Increasing gold reserves at the "appropriate time" is in line with the strategy of internationalizing the yuan, ...

PBOC sets out policy to combat inflation

China's central bank announced in a report that it has set the growth rate target of M2, the broad measure of money supply, at 16 percent for 2011 to curb inflation and control financial risks. M2 rose by 19.7 percent over the previous year, exceeding the officially set target of ...

Chinese premier seeks opinions on gov't work report, economic blueprint

Representatives from different sectors have given feedback on drafts of the government work report and China's economic and social development blueprint for the next five years, the State Council, China's cabinet, said Friday. Premier Wen Jiabao chaired five seminars from Jan. 20 ...

AgBank to pay 2.59 bln yuan for 51 percent of Jiahe Life Insurance

Agricultural Bank of China (AgBank), the country's fourth largest lender, said on Friday that it would pay 2.59 billion yuan (392 million U.S. dollars) for a 51 percent stake in Beijing-based Jiahe Life Insurance Co. The bank said that its board of directors had approved its plan ...

China's liquidity control may target all social financing

The People s Bank of China, the country s central bank, has come up with a new concept which may indicate changes in its monetary policy. A faster pace of the appreciation of China s currency yuan, along with more interest rate hikes, could play a more important role than ever in ...
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Latest World News

china

China's reform leading group holds first meeting
China's reform leading group holds first meeting
BEIJING, Jan. 22 (Xinhua) -- China's leading group for overall reform ...
China stocks close higher over liquidity injection
China stocks close higher over liquidity injection
BEIJING, Jan. 21 (Xinhua) -- Chinese shares rose on Tuesday after the ...
China slams Japan's NHK governor's denial of Nanjing massacre
China slams Japan's NHK governor's denial of Nanjing massacre
BEIJING, Feb. 5 (Xinhua) -- China on Wednesday slammed the remarks of ...

world

market

China cuts retail oil prices
China cuts retail oil prices
BEIJING, Jan. 24 (Xinhua) -- China's top economic planner announced on ...
Canada's main stock index tumbles over asset loss in emerging markets
Canada's main stock index tumbles over asset loss in emerging markets
TORONTO, Jan. 24 (Xinhua) -- Canada's main stock index fell sharply on ...
GM China chairman to retire
GM China chairman to retire
CHICAGO, Jan. 24 (Xinhua) -- General Motors Co. announced Friday that ...

company

industry

Super car club in commercial drive
Super car club in commercial drive
On the night of Nov 11, more than 150 super cars were driven into the ...
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 ...
Chinese leader calls for more marine power
Chinese leader calls for more marine power
Chinese Vice Premier Zhang Gaoli Sunday called for research in polar ...

trade

sports

Stars 'Big Three' fall short of title in 1st year
Stars 'Big Three' fall short of title in 1st year
Miami Heat's LeBron James (R) stands with teammates Chris Bosh (C) and ...
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...
Fourteen countries expected to compete in Cuba's wrestling tourney
Fourteen countries expected to compete in Cuba's wrestling tourney
Some 14 countries and regions are expected to compete in the 45th ...
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