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China Daily Website

Get the latest and the most important news about China economy, business in China, the Chinese companies, and the chinese markets from the China Daily and chinadaily.com.cn.

  • 30% of pension fund may enter market

    2012-05-21 15:54

    Up to 30 percent of pension fund will be put into equity investments, according to the pension fund investment operations solutions to be released soon.

  • Fund companies make $48b in 10 yrs

    2012-05-21 15:33

    China's fund companies have made a total profit of 303.4 billion yuan ($48 billion) for investors within the years between 2001 and 2011 - 2.76 billion yuan on average every year.

  • Alibaba to repurchase 20% holding from Yahoo

    2012-05-22 10:21

    China's e-commerce giant Alibaba Group Holding Ltd on Monday announced it would buy back some 20 percent of its equity from Yahoo Inc for about $7 billion.

  • Huge investment in 'green' projects

    2012-05-21 15:24

    China will invest more than 2 trillion yuan ($316 billion) in promoting energy-saving and low-carbon projects during the 12th Five-Year Plan period (2011-15).

  • Expert predicts 600b yuan tax cut 2012

    2012-05-21 15:21

    China has scope for a $95 billion tax cut this year and more effort should be put into lowering the rate for value added taxes.

  • Morgan Stanley cuts China growth forecast

    2012-05-21 14:31

    Morgan Stanley announced Monday it has adjusted forecast of China's (GDP) growth to 8.5 percent this year from the earlier forecast of 9 percent.

  • Cabbage sales wilt amid chemical fears

    2012-05-21 14:28

    Sales of Chinese cabbages have plummeted after more than 120 tons of the vegetable were found to contain formaldehyde during inspection in Guangzhou.

  • Huawei accused by US tech firm

    2012-05-21 14:27

    The US will launch anti-infringement probe into 45 worldwide consumer electronics manufacturers, including China's Huawei Technologies Co Ltd.

  • Sino-Africa agri trade spike in 2011

    2012-05-21 14:14

    China-Africa trade on agricultural products has gone through years of fast growth and the trade volume reached $4.78 billion in 2011, a Chinese official said.

  • McDonald's recruiting for major expansion

    2012-05-21 14:14

    McDonald's started its biggest ever recruitment plan in China on Sunday, hoping to meet its ambitious expansion goals in company's third-largest market

  • China dependent on foreign expertise

    2012-05-21 11:21

    China National Offshore Oil Corp's cooperation with overseas companies will continue,as the country taps into more challenging deepwater areas.

  • New focus on photo-sharing

    2012-05-21 11:22

    More and more Chinese companies are thinking of launching, or have already launched, photo-sharing programs hoping they get the chance to become another Instagram. 

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