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Minister of Commerce: economic stimulus plan to be fine-tuned

Minister of Commerce: economic stimulus plan to be fine-tuned On March 8, Chinese commerce minister Chen Deming stated at the second Plenary Session of the third Session of the 11th NPC that China will reform the RMB exchange rate in the gradual and controllable form, and Chinese ...

Chinese vice premier stresses transformation of economic growth pattern

Chinese vice premier stresses transformation of economic growth pattern From: Xinhua China would step up efforts to accelerate the transformation of its economic development pattern to achieve sound and fast growth, said Vice Premier Li Keqiang Sunday. Li made the remarks when ...

China reiterates to steadily advance Yuan convertibility under capital accounts

China reiterates to steadily advance Yuan convertibility under capital accounts From: Xinhua China will stick to the established policy of steadily advancing the convertibility of yuan under capital accounts despite the rising global argumentation for the rationality of curbing ...

China s economic restructuring to benefit the world

China s economic restructuring to benefit the world From: Xinhua The transformation of China s economic growth pattern will provide new opportunities for the world economy, a senior economist said in Beijing Sunday. As the world s third largest economy, China imports a trillion...

High-speed railways to drive economic integration around Beijing

High-speed railways to drive economic integration around Beijing From: Xinhua The construction of a new express railway section between two cities near Beijing was kicked off Sunday, which, when completed, is expected to further speed up economic integration around the Chinese ...

Merchants seek to shrink store space

Sizing up property, Mall stores try to shrink Retailers have a new strategy to increase profits: shrink to fit. For two decades, mall-based apparel companies saturated the market, aggressively adding more stores and building them bigger. Chastened by the recession, however, ...

China's dependence on imported iron ore hits 70%

China s dependence on imported iron ore hits 70% From: China Daily China s dependence on foreign iron ore approached about 70 percent in 2009, 13 percentage points higher than the previous year, said a Shanghai Securities News report on Friday, citing a government official. China ...

China to reopen pork market to US exports

China to reopen pork market to US exports China agreed to reopen its market to imports of US pork, ending a ban that went in place after the outbreak of the H1N1 flu last year, the US trade representative s office said. This agreement is a win for America s pork producers, whose ...

World Bank to work with China on rural financing: WB official

WB official: World Bank to work with China on rural financing From: Xinhua The World Bank Group will step up its efforts to work with the Chinese Government this year on rural financing, said a senior official of the organization Sunday on the sideline of the China Development ...

Chinese official warns of risk if yuan rises

Chinese official warns of risk if yuan rises A senior Chinese trade official warned that any further appreciation of the Chinese currency risked driving exporters out of business, underscoring the domestic political pressures on Beijing amid growing international calls for China ...

Survey: Shoppers willing to pay more for online customer service

Survey totes up value of Excellent Online Customer Service Excellent online customer service may be worth US$17.3 billion in 2010, according to a new Ovum survey commissioned by StellaService. That's the round figure for the 10.7 percent premium the report suggests customers are ...

China s Overseas Investment in January and February of 2010

China s Overseas Investment in January and February of 2010 From: MOFCOM In January and February of 2010, Chinese investors made a direct investment in 693 overseas enterprises at 89 countries and regions, accumulative non-financial overseas direct investment USD 4.66 billion, ...

UN agency, experts refute yuan revaluation

UN agency, experts refute yuan revaluation A revaluation of the Chinese yuan as recently demanded by the United States won t solve world trade imbalance and may even endanger the world economy, experts and a UN agency said. The burden of rebalancing the global economy should not ...

WB: China s economy to grow 9.5% in 2010

WB: China s economy to grow 9.5% in 2010 From: China Daily China s economy would expand 9.5 percent in 2010, fuelled by a transformed growth model featuring less government-led investment, recovered exports and solid consumption, the World Bank (WB) said in a report released on ...

Business between Australia and China to get better

Business between Australia and China to get better From: China Daily Australian Minister for Resources, Energy and Tourism told industry leaders from Australia and China on Tuesday that business between the two countries is good and set to get better. Addressing the Australia ...

China s economy faces tough year

China s economy faces tough year From: Global Times Premier Wen Jiabao said Sunday he fears social stability and even the solidarity of the ruling power face the threat of looming inflation, unfair income distribution and corruption. At his annual press meeting after the ...

Stronger RMB not tonic for U.S. economy or manufacturing

Stronger RMB not tonic for U.S. economy or manufacturing From: Xinhua A stronger RMB would not be a tonic for the U.S. economy or manufacturing and it would be a huge mistake to raise tariffs on imports from China to force a change in the yuan, says a U.S. trade expert on Tuesday...

Shoppers want retailers to be tech-savvy, survey says

Shoppers want retailers to be tech-savvy, survey says The global survey of 28,000 consumers, including 4,000 Canadians, found an overwhelming number of customers want to use the Internet to check out a retailer before heading to the bricks-and-mortar store.Photograph by: Files, ...

Australia Government urged to 'end supermarket rip-offs'

Australia Government urged to end supermarket rip-offs Australia's big supermarkets are continuing to rip-off consumers and suppliers and should be regulated by a new industry body, according to the consumer group Choice. Choice has suggested that the government form a new ...

Luxury watch brands struggle with online retailing

Watch Brands Signing on, Uneasily, for E-Tailing The WatchAvenue.com is a virtual arcade of posh boutiques representing some of Switzerland s finest timepiece brands. Using ambient street sounds, digital clips of walking, talking salespeople and cyberkiosks brimming with product ...
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Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
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 ...

world

market

IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...

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. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
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 ...

trade

sports

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 ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
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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