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China's summer grain output likely exceeds 120m tons

BEIJING - China's crop output is forecast to exceed 120 million tons this summer, 2.5 million tons more than a year ago, Agriculture Minister Sun Zhengcai said here on Sunday. This would mark the fifth consecutive summer of bumper harvest for the first time since the founding of ...

China raises prices of oil, electricity

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Sinopec 10-m-ton Qingdao refinery starts operation

BEIJING -- China Petrochemical Corp (Sinopec), Asia's largest oil refiner, started production at its new Qingdao refinery on Monday, despite expecting to lose money from the plant. The refinery is designed with a processing capacity of 10 million tonnes per year, the largest of ...

Taiwan recalls rep after ship collision

Taiwan has recalled its representative to Japan over its handling of a ship collision in disputed waters earlier this week. Japan contends the captain of a Taiwan leisure fishing boat is responsible for Tuesday's collision with a Japanese coastguard vessel near the Diaoyu Islands...

President Hu shortens visit to Italy and goes back home

FLORENCE, Italy: The situation in Xinjiang has shortened President Hu Jintao's visit to Italy and he will be absent at the summit meeting between the Group of Eight (G8) industrialized nations and five emerging developing countries in the central Italian city of L'Aquila. He left ...

China injects $38b into Asian crisis fund

China, Japan and South Korea Sunday finalized details of an emergency $120-billion liquidity fund to help 13 Asian economies counter the global economic downturn. The three nations will contribute on a 2:2:1 ratio - $38.4 billion from China and Japan and $19.2 billion from South ...

China's top lawmaker embarks on European tour

BEIJING -- China's top legislator Wu Bangguo on Wednesday left Beijing to visit Russia, Austria and Italy. Wu, chairman of the Standing Committee of the National People's Congress (NPC), the country's top legislature, will be a guest of top legislators of the three countries, ...

China urges prudence over DPRK sanctions

China Tuesday asked the United Nations to respond prudently to the rocket launch by the Democratic People's Republic of Korea (DPRK) as Security Council members scheduled a second meeting. "China is always careful about imposing sanctions. We believe the response of the Security ...

Hu calls for joint efforts to tackle financial crisis

BEIJING -- Chinese President Hu Jintao left Beijing Wednesday morning to attend the G20 summit in London scheduled for April 1 to 2. Before meeting the leaders of other nations, Hu has called for strengthened coordination among different nations on economic polices and joint ...

Chinese workers in Romania seek help

More than 70 Chinese workers have camped outside the Chinese embassy in Romania for the past few days, seeking help resolving disputes with Romanian employers. "Almost every day since October, dozens or hundreds of workers gather around the embassy," the embassy said in a ...

Hu vows to boost ties with Saudi Arabia

RIYADH -- China will work with Saudi Arabia to strengthen bilateral ties and cope with the global financial crisis, President Hu Jintao said Tuesday. Bilateral relations have proceeded smoothly in the past years, Hu said in a statement after arriving in Riyadh, the Saudi Arabian ...

Bird flu kills woman in Shandong

JINAN: Bird flu claimed its second victim this year when a woman infected by the virus died in Shandong province around 6:40 pm on Saturday. In Shanxi province, a 2-year-old girl lay in serious condition in a hospital. The 27-year-old woman surnamed Zhang, who lived in Jinan, ...

China to begin yuan-settlement trials

The yuan will be used in transactions with neighboring trade partners as part of a pilot project - in what could be the first step on the road to making it an international currency. The yuan will be allowed to be used for settlement between the Pearl and Yangtze river delta ...

Hu pledges warmth in quake zone

President Hu Jintao wrapped up an airtight two-day inspection tour of quake-ravaged Sichuan province yesterday, showing concern for the survivors and surveying the reconstruction work as winter sets in. It is the second time Hu visited Sichuan since the May 12 earthquake. His ...

China cuts interest rates to bolster economy

China's central bank has rolled out the fifth interest rate cut in four months - in its latest attempt to shore up investment and boost the economy. The People's Bank of China lowered the benchmark one-year lending and deposit rates by 0.27 percentage point to 5.31 percent and 2...

Graduates offered business subsidies

SHANGHAI: University students and new graduates in Hangzhou are being offered government subsidies of up to 200,000 yuan ($29,000) to set up their own businesses, a labor official said on Monday. Wu Xiujun, from the Hangzhou labor bureau, said: "We will evaluate their business ...

China 'seriously considering' naval mission in Somali

UNITED NATIONS - Chinese Vice Foreign Minister He Yafei said here on Tuesday that China is "seriously considering sending naval ships" to the waters off the Somali coast for escorting operations in the near future to fight against rampant piracy there. Speaking at a ministerial ...

Hu calls for maintaining stable economic growth

SHENYANG -- Chinese President Hu Jintao called for maintaining a stable and healthy economic growth amid the challenges in industrial restructuring, export, employment and people's lives during his visit to northeast Liaoning Province from Friday to Sunday. Hu paid a visit to ...

Corruption on rise in past years - study

SHENZHEN -- Corruption cases have been on the increase in the past eight years despite stepped-up efforts to combat it, a research paper said. More senior officials have been involved with bribes getting bigger. Wang Rongli, a 42-year-old lawyer in this southern city, and the ...

China November Consumer Inflation Eases to 2.4 Pct

China's consumer price index (CPI), the main gauge of inflation, rose at a slower annual rate of 2.4 percent in November, the National Bureau of Statistics (NBS) said in Beijing on Thursday. Rises in the consumer price index (CPI) slowed for seven straight months because of the ...
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Latest World News

china

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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