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CPI Ups 4.9% in August, Lower Than Forecast

China's consumer price index (CPI), a measure of inflation, was up 4.9 percent in August, the National Bureau of Statistics announced on Wednesday. The figure, compared with 6.3 percent in July, 7.1 percent in June and 7.7 percent in May, was lower than most forecasts. "The ...

Premier Wen meets ROK counterpart

BEIJING -- Chinese Premier Wen Jiabao on Sunday met with his counterpart from the Republic of Korea (ROK), Han Seung Soo, to discuss the Beijing Paralympic Games and bilateral ties. Wen welcomed Han, who attended the opening ceremony of the Paralympics on Saturday, and thanked ...

China's defense report to UN shows openness

China has submitted a report on last year's defense expenditure to the UN to make its military spending more transparent and to build greater trust with other countries. This is China's second report to the UN since it joined the world body's military budget transparency ...

Grain output to exceed 510 m tons this year

China expects an increase in grain output for the fifth consecutive year, with production to exceed 510 million tons, the State grain information center said. "We estimate that this year's harvest will be 511.5 million tons, up more than 10 million tons from 2007," the center's ...

Chinese see dramatic rise in quality of life: economist

The impact of China's economic reforms in the last three decades has been as awe-inspiring, if not more, than the country's growth rate during the period, according to a leading international economist. As a result of the Industrial Revolution, living standards (in Britain) ...

Food safety law debate goes on

The Ministry of Health has been given primary responsibility for food safety supervision under the latest draft of the legislation that was submitted for its second reading to the National People's Congress (NPC) Standing Committee on Monday. The ministry will also shoulder a ...

Nation to get key oil reserve bases by year end

China will complete the construction of its first four strategic oil reserves by the end of this year, a senior government official said Monday. "The progress has been smooth and all the four bases will be completed by the year end," Zhang Guobao, administrator of the National ...

Nation to get key oil reserve bases by year end

China will complete the construction of its first four strategic oil reserves by the end of this year, a senior government official said Monday. "The progress has been smooth and all the four bases will be completed by the year end," Zhang Guobao, administrator of the National ...

China reports 6.3% rise in CPI in July

China's consumer price index (CPI), a measure of inflation, was up 6.3 percent in July, the National Bureau of Statistics announced on Tuesday. The figure, compared with 7.1 percent in June and 7.7 percent in May, was broadly in line with most forecasts. "The continuous decline ...

WTO talks collapse amid farm row

Geneva -- Marathon talks to salvage a global trade pact collapsed on Tuesday as the United States and India refused to compromise over a proposal to help poor farmers deal with floods of imports. The World Trade Organisation (WTO) Director-General Pascal Lamy announced the ...

Strong aftershocks kill one, injure 17 in Sichuan

Three aftershocks that jolted southwest China's Sichuan Province on Thursday had left one dead, 17 injured and about 1,200 houses destroyed as of 5 p.m.. According to the China Earthquake Networks Center, three tremors measuring 5.6, 4.9 and 6.0, respectively, on the Richter ...

Declining dollar lifts yuan to record high

The gloomy prospect of the US economy has weakened the greenback. In contrast, the yuan has risen about 7 percent this year, more than the margin for the whole of last year. Exporters and manufacturers, especially the smaller ones, are groaning under pressure created by the ...

35 Chinese firms make Fortune 500 list this year

China's largest refiner Sinopec, together with 34 other Chinese companies, made it to this year's Fortune 500 list released Thursday, the best-ever showing by Chinese companies in the ranking. With sales of $159.26 billion, Sinopec led the Chinese group at the 16th place, ...

China's extremely poor population declines to 15 million

BEIJING -- The number of Chinese people under extreme poverty has dropped from 250 million in 1978 to 14.79 million in 2007, according to national statistics on rural poverty observation. The research, jointly conducted by the National Bureau of Statistics and the State Council ...

Situation 'critical' in Sichuan as flood approaching

Areas affected by the May 12 earthquake are facing a "critical situation", as the annual flood approaches, a senior official from the Ministry of Water Resources said on Wednesday in Beijing. Jiao Yong, deputy water minister, said at a press briefing that some parts of China have ...

China's Economy Set to Cool: Index Chart

China's economy had been slowed to expand at a more desirable and moderate rate for the five months to May, according to an official macro economy index chart, the national statistics agency said on Tuesday. The macro economy index chart, filed by the National Bureau of ...

Fengshen death toll rises to 16 in Guangdong

GUANGZHOU - Torrential rain from tropical storm Fengshen has killed 16 people in Guangdong province, up from nine on Friday, local authorities said on Sunday. Another nine have gone missing since the downpours began, a provincial flood control headquarters spokesman has said. ...

McDonald's raises prices in China

There's no escaping rising inflation - signs of it are everywhere. The latest sign could be in your meal at a fast-food outlet. McDonald's, the world's largest fast food chain, yesterday raised its prices in China, for the second time this year, following measures to increase ...

Tropical storm hits China's SE coast

Tropical storm Fengshen hit the southeast coast of China on Wednesday with heavy rains and strong winds, bringing new misery to a region already struggling to recover from this month's floods. Fengshen, which killed hundreds in the Philippines as a typhoon, made landfall ...

CPC Publicizes Five-year Anti-corruption Plan

The Communist Party of China (CPC) Central Committee on Sunday revealed its five-year plan for the Party's prevention and punishment of corruption. The committee has ordered Party organs at all levels to seriously carry out the plan which aims at establishing a system to punish ...
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Latest World News

china

Bill Gates talks nuclear
Bill Gates talks nuclear
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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
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Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
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GM China chairman to retire
GM China chairman to retire
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finance

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Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
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Boeing Wins Biggest Order of US$26b
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A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...
China cloning pigs on industrial scale
China cloning pigs on industrial scale
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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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