Review & Analysis

Civil service reforms
The "iron rice bowl", as a catchphrase for a job in a State-owned enterprise or institution, has become history with the transition of the country's economy from a planned one to a market one.

For regional stability
The agreement that finance ministers from the ASEAN as well as China, Japan and Republic of Korea reached on a regional foreign reserve swap is of great significance for both securing regional financial stability and delivering common prosperity in the long run.

Hot Talks
Cutting inflation to remain top goal - Zhou
China's monetary authorities are struggling to address conflicting policy goals, but inflation will remain the top policy concern, the country's central bank governor said on Saturday.
China keeps stable domestic grain market
Amid a major wave of international grain price hikes, China has managed to maintain stable domestic prices.
China sets up jumbo passenger jet company
China's first ever jumbo passenger jet company was officially launched in Shanghai on Sunday. It will be responsible to research, develop, make and market homegrown large passenger jets.
Pudong Bank, Shandong Trust to tie up
Shanghai Pudong Development Bank said on Saturday that it had signed a memorandum of understanding to form a strategic alliance with Shandong International Trust Corp.

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Industry Updates (Members Only)
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Overseas Investment
Microsoft to build $280m China R&D center
Orica signs deal with Nanling to build detonators
Cisco draws up big plan for China
Wescast sets up production base in China
China, India, Mexico most favored by Spanish investments
Peru eyes trade deal with China
BIZ GUIDE
  Investment Alerts
Private entities urged to invest in railways
BIZ EVENTS
2008 The 7th China International Consumer Goods Fair
Time: 2008/06/08 - 2008/06/12
Venue:  Ningbo International Conference & Exhibition Center
08' Int'l Mobile Phone Industry Exhibition and Forum
Time: 2008/06/12 - 2008/06/14
Venue: Binhai International Convention and Exhibition Center
China International Software and Information Service Fair
Time: 2008/06/18 - 2008/06/22
Venue: Dalian World Expo Centre
The 20th Guangzhou (China) International Toys & Gifts Fair
Time: 2008/05/05 - 2008/05/07
Venue: Guangzhou Jinhan Exhibition Centre
BIZ SHOP
  Monthly Reports
China Life sees lower market share

In 2007, China Life Insurance had a market share of 39.73 percent, down from 44.6 percent in 2006.
Biz Media Digest
Weekly Roundup
China & Globalization
Dialogue to boost Sino-EU trade
China and the European Union are committed to deepening economic cooperation, senior officials at the first China-EU High Level Economic and Trade Dialogue said on Friday.
Major Markets

 

Name

Value

Change

Time

Shanghai

3,613.49

 -1.19% Fri
Shenzhen 13,080.37 -1.78% Fri
HSI

25,755.35

-0.62%

 Fri
Nikkei

13,849.99

-0.32%

 Fri
Dow

12,745.88

-0.94%

 Fri
Nasdaq

2,445.52

-0.23%

 Fri

Exchange Rates in RMB

100 units of foreign currencies (05/09)

USD

700.05

HKD

89.81

EUR

1077.87

JPY

6.7439

GBP

1369.05

CHF

667.27

CAD

689.56

AUD

660.77