 |
|
|
 |
|
China will maintain a prudent monetary policy this year with "timely and appropriate adjustment", the People's Bank of China (PBOC), or the central bank, said Sunday on the closing of a work conference of the central bank.
Beijing municipal authorities said Sunday that real estate control measures will be continued to bring housing prices to reasonable levels.
For online video websites, the year 2011 didn't end with peace. Copyrights have become the latest battlefield between rivals.
Insurance companies in China reaped 1.43 trillion yuan ($226.4 billion) of premiums last year, up 10.4 percent year-on-year, according to data from the China Insurance Regulatory Commission (CIRC).
Talks on a China-Japan-Republic of Korea free trade agreement (FTA) are expected to start in the first half of this year, with May seen as the earliest date.
After two years of explosive growth, China's auto market cooled in 2011 as government tax rebates for small cars, trade-in subsidies and incentives for rural buyers expired.
Unlike their previous sales-centered strategies, an increasing number of multinational pharmaceutical companies are eyeing the Chinese market as part of their efforts to boost their global R&D chains.
Shareholders of China's leading domestic hot pot chain, Little Sheep Group Ltd (Little Sheep), have approved a takeover proposal by Yum! Brands Inc (Yum!), Yum! said in a press release on Friday.
China's major financial regulators highlighted the necessity to curb systemic risks and maintain financial stability by all means in 2012 on Sunday, one day after the National Financial Work Conference concluded.
The huge number of test-takers for the national entrance examination for postgraduate studies, which began on Saturday, has caused hotel room shortages around exam venues.
According to statistics from China Tourism Academy, the number of Chinese tourists visiting the ROK reached more than 2 million by the end of October 2011, up 19.9 percent compared with the same period last year.
The Spring Festival peak travel season started on Sunday with tens of millions of passengers, mainly migrant workers and college students, on the move in the world's largest seasonal migration.
