Stats go straight to national database

2012-02-14 14:08:00

The National Bureau of Statistics (NBS) will get facts and figures of 700,000 industrial, service and real estate companies directly from the nationwide data acquisition and processing platform.

Biological industry development plan got

2012-02-14 11:23:49

A debate by professionals on China's 12th Five-Year Development Plan (2011-15) with regard to the biological industry was completed by an expert consultative committee on Monday.

Factory caught using child labor

2012-02-14 07:57:43

After an online tip, an inspection of an electronics factory in Suzhou, Jiangsu province, found more than 10 child laborers working there, a labor supervision official said on Monday.

VC, PE firms show appetite for food industry

2012-02-14 10:24:59

As the Chinese become richer and pay more attention to the quality of food, venture-capital and private-equity companies have started to invest in the country's agricultural sector and cultivate food products' brands.

China's economy to see soft landing

2012-02-14 10:03:30

Experts says that China will manage to weather adversity stemming from thwarted investments and exports to achieve a soft landing in its macroeconomy this year.

China invests 5.5b yuan in rural clean-up

2012-02-14 10:00:30

China's central government will invest 5.5 billion yuan ($873 million) this year to clean up pollution in the country's rural areas, the Ministry of Finance (MOF) said Monday.

Experts: Lower provision rule not necessary

2012-02-14 09:54:44

Analysts said now is not the time for banking regulators to lower the provision-ratio requirements for commercial lenders since lending is still proceeding at a fast pace and banks are trying to expand credit.

Xi stresses benefits of Sino-US relations

2012-02-14 07:56:36

There are no reasons why China and the United States cannot engage in friendly cooperation, Vice-President Xi Jinping said.

CBRC weighs debt extensions

2012-02-14 09:07:22

The China Banking Regulatory Commission is considering long-term extensions of bank loans to local governments, a CBRC official told China Daily on condition of anonymity.

Machinery sector facing friction

2012-02-14 09:17:52

The growth of China's machinery exports will slow this year because of the weakening global economy and increasing protectionism in developed countries, Cai Weici, deputy-president of the China Machinery Industry Federation, said.

CIC gets injection of capital

2012-02-14 09:23:46

China Investment Corp, the nation's sovereign wealth fund, has received a capital injection after it invested almost all of its cash in 2010, said Lou Jiwei, CIC chairman.

Wuhu halts week-old housing policy

2012-02-14 09:15:03

A third-tier city in eastern Anhui province has called an abrupt halt to a housing policy that was announced only last week.

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