Economy

Valentine's Day 'will boost business'

China to deepen agricultural coop with US

The agricultural ministries of China and the United States will further enhance agricultural exchanges and cooperation, deepening mutual understanding and trust, so as to achieve mutually beneficial development in the future.
Wuhu douses housing bailout speculation

An east China city that has sparked attention with its housing subsidies has said the policies are aimed at dousing speculation of a potential loosening of property market controls.
Manufacturing hubs's profit ebbs

Rising costs, the renminbi's appreciation, and weak external demand for China-made goods have dented industrial profits in South China's manufacturing hubs of Guangdong and Zhejiang, data released Friday showed.

US short-sellers muddy the waters

Yuan rise would hinder manufacturers

In a recent study on the impact of the revaluation on companies, two economists argued that a yuan appreciation might have an overall negative effect on foreign companies.
Yuan hits new high ahead of Xi's visit

The yuan rose to an 18-year-high on Friday, climbing as Vice-President Xi Jinping prepares to step onto a plane for his trip to the United States next week.
Minsheng issues bonds targeting SMEs

China Minsheng Banking Corp Ltd, a commercial bank whose shareholders are mainly from private enterprises, on Friday started issuing its first batch of financial bonds this year to raise capital for loans to small businesses.

Web stores gear up for lovers' day

Festival has gained a firm foothold on the Web-based retail landscape.

Seeking a design for living

Haining may soon give Paris a run for its money with its own set of unique designs and brands.

Use of fossil fuels to decline

China still faces great challenges in optimizing its energy structure.

CUP extends online payment

Holders of China UnionPay (CUP) bank cards will be able to use their cards in online stores in Taiwan.

Qihoo products offline from Apple

Qihoo 360 Technology said that its products will be available for downloading again in Apple's online store.

China to regulate wealth management sector

The China Banking Regulatory Commission released guidelines on the sales of wealth management products by commercial banks.

New standards for C-NCAP announced

The new China-New Car Assessment Program management rules have been unveiled, sources reported on Oct 12.

Iran suspended a gas contract with CNPC

Suntech sees China gaining from falling solar prices

Chinese Premier Wen Jiabao pledged to adopt further measures to encourage private investment in monopoly industries to address problems with China's economic structure.

US short-sellers muddy the waters

Although shares of US-listed Chinese companies have started to rally recently, the end of 2011 saw them under pressure as the result of a series of short sales.

Hainan mulls tax on vacant homes

Political advisers in South China's Hainan province urged authorities to levy taxes on vacant homes in popular travel destinations to discourage speculation and cool the island's overheated property market.

Valentine's Day to 'boost business'

Businesses in China are expecting a new boost after the New Year and Chinese Spring Festival spending frenzies thanks to the forthcoming Valentine's Day.

Industries

Direct purchase plans help farmers grow bigger profits

Domestic auto sector makes big impact

Brilliant sales in the car market of China last year helped General Motors, Volkswagen and the Renault-Nissan Alliance outperform Toyota to become the top three global carmakers.
Mini SLRs set to snap up the photo market

Digital single-lens reflex cameras may be the most powerful gadget for taking photos but are far from the simplest to use. And the simplest pocket ones? They are usually not so powerful.
European freeze boosts down industry

A significant increase in European orders for down products from factories in East China's Zhejiang province since late January has created an opportunity for the local industry's revival.

Stores pulling Red Bull on health fears

China Grand Auto in talks with Sanroad

China Grand Auto, the second-largest domestic car dealer measured by revenues, is eyeing an acquisition that is still under negotiations.
Beijing Automotive introduces new vehicle

In the midst of stiffer competition that placed Chinese homegrown cars in a tight spot, Beijing Automotive Group (BAIC Group) announced it would launch its first own-brand car next month.
Cameco benefits from Chinese investment

Canadian mining giant Cameco, which has been the beneficiary of considerable Chinese investment, saw earnings soar 29 percent during its fourth quarter compared to the same period last year.

Festival puts inequality in focus

While Westerners are astonished by rich Chinese consumers' appetite for luxury goods, people in rural China on average earn less than 7,000 yuan ($1,100) a year.
Ups and downs of renminbi

Short-term capital flows make exchange rate more volatile, posing new challenges for decision-makers in China and the United States.
Reciprocal cooperation

Canadian Prime Minister Stephen Harper arrived in Beijing late on Tuesday for a five-day visit to China. He has come at an important moment when both sides feel an increasing need to bring bilateral ties to a new level.

Govt to wipe out substandard slaughtering

China is vowing to eliminate substandard meat processing in the country within the next few months as part of a campaign to ensure food is safe, officials said on Friday.
China targeting poverty reduction by family planning

China will further promote family planning policies in a bid to steady birth rates and alleviate poverty in its less affluent counties, according to a new plan on poverty reduction.
China limits foreigners' housing mortgage

The National Development and Reform Commission (NDRC), China's top economic planner, just released a notice, limiting mortgages for foreigners purchasing properties in China, the Shanghai Securities Journal reported Thursday.

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Valentine's Day 'will boost business'

The agricultural ministries of China and the United States will further enhance agricultural exchanges and cooperation, deepening mutual understanding and trust, so as to achieve mutually beneficial development in the future.

An east China city that has sparked attention with its housing subsidies has said the policies are aimed at dousing speculation of a potential loosening of property market controls.

Rising costs, the renminbi's appreciation, and weak external demand for China-made goods have dented industrial profits in South China's manufacturing hubs of Guangdong and Zhejiang, data released Friday showed.

US short-sellers muddy the waters

The yuan rose to an 18-year-high on Friday, climbing as Vice-President Xi Jinping prepares to step onto a plane for his trip to the United States next week.

China Minsheng Banking Corp Ltd, a commercial bank whose shareholders are mainly from private enterprises, on Friday started issuing its first batch of financial bonds this year to raise capital for loans to small businesses.

Weekly Reports

Chinese Premier Wen Jiabao pledged to adopt further measures to encourage private investment in monopoly industries to address problems with China's economic structure.

Direct purchase plans help farmers grow bigger profits

Brilliant sales in the car market of China last year helped General Motors, Volkswagen and the Renault-Nissan Alliance outperform Toyota to become the top three global carmakers.

Digital single-lens reflex cameras may be the most powerful gadget for taking photos but are far from the simplest to use. And the simplest pocket ones? They are usually not so powerful.

A significant increase in European orders for down products from factories in East China's Zhejiang province since late January has created an opportunity for the local industry's revival.

Stores pulling Red Bull on health fears

China Grand Auto, the second-largest domestic car dealer measured by revenues, is eyeing an acquisition that is still under negotiations.

In the midst of stiffer competition that placed Chinese homegrown cars in a tight spot, Beijing Automotive Group (BAIC Group) announced it would launch its first own-brand car next month.

Canadian mining giant Cameco, which has been the beneficiary of considerable Chinese investment, saw earnings soar 29 percent during its fourth quarter compared to the same period last year.

While Westerners are astonished by rich Chinese consumers' appetite for luxury goods, people in rural China on average earn less than 7,000 yuan ($1,100) a year.

Short-term capital flows make exchange rate more volatile, posing new challenges for decision-makers in China and the United States.

Canadian Prime Minister Stephen Harper arrived in Beijing late on Tuesday for a five-day visit to China. He has come at an important moment when both sides feel an increasing need to bring bilateral ties to a new level.

China is vowing to eliminate substandard meat processing in the country within the next few months as part of a campaign to ensure food is safe, officials said on Friday.

China will further promote family planning policies in a bid to steady birth rates and alleviate poverty in its less affluent counties, according to a new plan on poverty reduction.

The National Development and Reform Commission (NDRC), China's top economic planner, just released a notice, limiting mortgages for foreigners purchasing properties in China, the Shanghai Securities Journal reported Thursday.

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