Valentine's Day brings business

2012-02-08 17:02:04

Many businesses are busy preparing for the upcoming Valentine's Day, which falls on Feb 14.

Oil and petrochemical sector '11 output hit $1.8t

2012-02-08 16:40:20

The output of China’s petroleum and petrochemical industry totaled 11.28 trillion yuan ($1.8 trillon) in 2011.

School also a draw

2012-02-08 10:55:25

The US is attractive to Chinese students and their parents, not just tourists. The Institute of International Education reported that the number of Chinese studying abroad increased 23 percent last year, but those working toward undergraduate degrees in the US rose 43 percent.

Metals index to reflect big picture of industry

2012-02-08 08:06:08

China will launch its first composite index of nonferrous metals sometime this year, a move the industry hopes will reflect economic realities and help companies avoid risks, said a senior official on Tuesday.

Tour packages growing up

2012-02-08 09:26:46

When the United States first allowed tour groups from China's mainland in 2008, cautious travel agents limited their packages to important sites on the East and West coasts and Hawaii - all in about two weeks.

Simpler visa procedures are passport to success

2012-02-08 09:26:15

Travel agencies and destination countries try to cash in on a predicted spending and tourism surge, Xin Dingding, Zheng Yangpeng and Shi Yingying report from Beijing and Shanghai.

Real estate market likely to see an increase in M&A activity

2012-02-08 09:14:16

China will see more mergers and acquisitions in the real estate sector this year, with domestic players continuing to dominate the market, according to industry analysts.

Land sales forecast to earn lower revenue

2012-02-08 09:13:16

Beijing's revenue from land sales is expected to drop by 30 percent once again this year to hit 90 billion yuan ($13.6 billion) as the city's property market cools down as a result of continuous tightening measures.

Gasoline and diesel prices raised

2012-02-08 09:10:41

China raised the ceiling for retail gasoline and diesel prices for the first time this year on Wednesday in tandem with international crude oil hikes.

Passenger vehicle sales tumble in Jan

2012-02-08 08:57:15

Sales of passenger vehicles in China registered their largest year-on-year decline in at least 10 years in January. The retreat came as two holidays in a single month accelerated the slowdown.

DB: China railway investment target conservative

2012-02-07 17:35:02

A senior economist of Detsche Bank (Asia China) said Tuesday the China Railway investment target for 2012 may be too conservative.

China to see slow power consumption growth

2012-02-07 17:06:42

China's electricity consumption growth will slow in 2012, as the world's second-largest economy is expected to decelerate this year amid uncertainty in Europe and other developed economies.

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