China is drafting the details of policies to support emerging industries and specific measures will come out soon, the Shanghai Securities News reported Friday, citing an official.
Beijing municipality will give one-time grants to 2.04 million retirees, and 3.1 million residents will benefit from a raise in their social welfares payment starting July 1.
Business and political heavyweights are discussing China's role in international innovation and low-carbon development at a meeting opened by Lord Browne of Madingley, Chairman of The Performance Theatre (TPT) and former CEO of BP, at the Great Hall of the People in Beijing Thursday.
"China has become the third largest investor in London," said Paul Bromelow, the global sales director of London & Partners, the official foreign direct investment agency, Shanghai Securities News reported Friday.
China's National Energy Bureau is drafting regulations on exploitation of rare coals, including coking coal, in a protective way, China Securities Journal reported.
Nanfang Metropolitan Daily reported that Murdoch said Wednesday his family fund made a $29.4 million third-round investment in Xunlei in April. Xunlei.
China will release its first domestic trade and logistic plan for the 12th Five-Year Plan (2011-2015) and set a target for total retail sales to reach 30 trillion yuan ($4.63 trillion) by 2015, Economic Information Daily reported Thursday.
China will list the geothermal energy as renewable clean energy in the National 12th Five-Year Energy Plan (2011-2015), with a goal to supply heating to 350 million square meters in the next five years, which has an expected market size of around $ 10.8 billion.
China is drafting a plan to encourage private capital investment in the telecommunications industry, allowing private sector and State-owned telecommunications operation companies to form a new firm.
A proposal to lower China’s import tariffs might lead to an increase in spending on luxury consumer goods, China Business News reported Thursday.
China is drafting a nuclear safety plan and before its approval the Chinese government will suspend endorsement for any new nuclear power plants, said Li Ganjie, deputy minister of the Ministry of Environmental Protection, China.com.cn reported Tuesday.
Tianjin Medical University (TMU) will set up an international medical town in five years, which will become the center for medical education, research and health services in northern China.
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