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Sinopec heads list of country's top earners

The China Enterprise Confederation (CEC) has released its latest list of the country's top 500 companies. State-owned China Petrochemical Corporation, also called Sinopec, was the largest company by revenue, with 1.06 trillion yuan ($139.5 billion) in 2006. It was the only ...

3 Chinese students attacked, injured in Ukraine, FM confirms

Three Chinese students were injured on Sunday during an attack by unidentified people in Ukraine's capital Kiev, Chinese Foreign Ministry spokesman Liu Jianchao confirmed on Tuesday. The three female students, wounded by knife, were sent to a local hospital and have been out of ...

Hu Jintao stresses socialism with Chinese characteristics

Hu Jintao called on the 73 million members of the Communist Party of China (CPC) and the Chinese people on Monday to hold high the "great banner of socialism with Chinese Characteristics" in their strive for building "a moderately prosperous society in all aspects." Hu made the ...

Russia-China arms trade to continue

Russia will not sell aircraft carriers to China because it has stopped producing them, Russia's Deputy Foreign Minister Alexander Alexeyev told Chinese netizens in an online dialogue this week. "Now China has its own advanced weapons manufacturing technology there's no need to ...

Analysts: Agricultural machinery in great demand in China

Industry insiders say China has a vast demand for large and medium tractors and many other types of agricultural machinery as the country moves to modernize its agriculture. "China needs 200,000 large and medium tractors each year over the next five years," said a market research ...

American-born panda to go home

The four-year-old American-born panda Mei Sheng is expected to return to his hometown in southwest China's Sichuan Province at the end of this month and will settle down hence. "Mei Sheng," which means "born in America" or "beautiful life," was born on August 19, 2003 at the San ...

China plans to build 10 anti-malaria centers in Africa this year

China has planned to build 10 centers for malaria prevention and treatment in Africa by the end of this year to help the continent to get rid of the disease. According to Gao Qi, deputy director of the verminosis control team under the Ministry of Health, the centers will be ...

China working to prevent child abuse

At 17, Chen Cai is skinny and timid like a child. But six months of forced labor and torture at a privately-owned brick kiln in north China's Shanxi Province has aged him before his time. Chen, who quit school last year to make money for his impoverished family in the backwaters ...

China, Japan start fresh talks on East China Sea

China and Japan started the 10th round of talks on the East China Sea issues at Beijing's Diaoyutai State Guesthouse Thursday morning. Director of Chinese Foreign Ministry's Department of Asian Affairs Hu Zhengyue attended the talks as top Chinese negotiator. The Japanese ...

China's State Council appoints new vice ministers

The State Council, China's cabinet, announced the appointments of four senior officials in Beijing Thursday. Yao Zengke was appointed as Vice Minister of Supervision and Liu Qian as Vice Minister of Health, according to a press release. Zhou Xisheng and Zhou Shuchun were ...

Chinese enterprises continue to operate at a rapid pace

In the third quarter of this year, Chinese enterprises continued to operate at a rapid pace. All industries have seen progress, more or less; while the larger enterprises are still at an advantage. A survey of 19,500 enterprises by the National Statistics Bureau shows that the ...

Chinese share prices hit new high on Thursday

Chinese share prices shot up by 2.46 percent, or 141.77 points, on Thursday with the benchmark Shanghai Composite Index closing at a new high of 5,913.23 points on back of the bullish run of energy and banking shares. It was the fourth straight daily rise for the index this week. ...

China increases health budget for armed forces

The People's Liberation Army (PLA) of China has more than doubled its annual healthcare budget to an equivalent of 180 yuan (23.7 U.S. dollars) per person, according to PLA's General Logistics Department. "The level of the adjustment is the largest for decades," said Li Jianhua, ...

CPC Central Committee key plenum opens

The Seventh Plenary Session of the 16th Central Committee of the Communist Party of China (CPC) opened in Beijing on Tuesday morning. The session will discuss a draft report to be submitted to the upcoming 17th Party congress by the 16th CPC Central Committee, a draft amendment ...

Homeless children get hope of shelter

The government has allocated 1.12 billion yuan ($145 million) to set up more than 350 shelters for homeless children in cities and counties by 2010, a senior civil affairs official said Tuesday. "The move is expected to substantially cut the number of homeless young people on the ...

China leads in poverty reduction

China is leading the way in reducing poverty in the Asia-Pacific region, and contributing to other regional efforts like reforestation and energy efficiency, according to an international report. In 1990, one person in three lived in poverty in China, while today the number is ...

China's business climate index remains high in third quarter

China's business climate index, a key gauge of corporate performance, remained high in the third quarter despite a decline following a series of government measures to cool the economy. The index, based on a survey of 19,500 Chinese firms, was 144.7 points from July to September, ...

Leisure industry booms as wages rise

Mushrooming foot massage centers tell us that leisure and health services have become more important in our daily lives. A dearth of industrial standards, however, is hindering the development of China's leisure and health sector, experts say. According to a report last month ...

China to support hi-tech sector

China will provide policy and funding support for its hi-tech sectors and encourage companies to cooperate with overseas partners, a top official said. The mainland will also support technological cooperation with Hong Kong, Zhang Xiaoqiang, vice-director of the National ...

Over 20 percent of land acquisitions in China's cities illegal

Almost a quarter of new land acquisitions in Chinese cities are illegal, according the Ministry of Land and Resources. A survey using remote sensing satellite technology showed 22 percent of new acquisitions in 90 medium-sized and large cities were illegal. The data collected ...
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Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...
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

IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...
GM China chairman to retire
GM China chairman to retire
CHICAGO, Jan. 24 (Xinhua) -- General Motors Co. announced Friday that ...

finance

company

Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...
China cloning pigs on industrial scale
China cloning pigs on industrial scale
Cloning is a controversial and decisive issue that has split public ...

industry

trade

Logistics industry faces reshuffle
Logistics industry faces reshuffle
Every day at 7 a.m., Xiao Lin, a Shentong Express courier in Hangzhou, ...
Airbus opens Chinese logistics center
Airbus opens Chinese logistics center
A model of an Airbus SAS A350 XWB on display at an air show. The ...
Dollar trades at lower 102 yen level in early Tokyo deals
Dollar trades at lower 102 yen level in early Tokyo deals
TOKYO, Jan. 27 (Xinhua) -- The U.S. dollar traded at the lower 102 ...
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