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.
Environmental impact needs assessment for major rail changes
2012-02-07 16:43:20
The Ministry of Environmental Protection recently issued a notice saying if major changes happen to rail construction projects, the environmental impact should be reassessed, the People's Daily reported Tuesday.
China's telecom sector revenue up 10%
2012-02-07 15:27:26
The Ministry of Industry and Information Technology (MIIT) announced Tuesday the main business revenue of the nation's telecommunication sector reached 988 billion yuan ($157 billion) in 2011.
Shipyards heading for stormy waters
2012-02-07 09:35:06
The approach of spring hasn't brought good tidings for Chinese shipyards, which continue to struggle as a sluggish world economy, a glut of vessels and surging fuel prices hurt shipping demand.
Chinese snap up luxury products
2012-02-07 09:34:11
Chinese people will buy more than half their acquisition of luxury goods on the mainland in 2014 rather than overseas, as is the case now, business research and consulting firm Frost & Sullivan said in its latest survey.
Airlines told not to pay EU green tax
2012-02-07 09:16:30
Domestic airlines have been banned from complying with the European Union's scheme to impose charges on carbon emissions from flights to and from Europe, the civil aviation authority said on Monday.
China exports porcelain to Britain for Queen's 60th year of rule
2012-02-06 18:06:55
A total of 55,100 porcelain items were recently exported from North China's Hebei province to Britain for Monday's Diamond Jubilee, marking the British Queen's 60th year of rule.
Funding guaranteed for affordable housing
2012-02-06 14:40:55
The Ministry of Finance on Monday released a series of measures in an effort to guarantee funding for affordable housing projects in 2012.
China bans airlines into EU carbon scheme
2012-02-06 09:18:31
China's airlines are not allowed to pay a charge on carbon emissions imposed by the Europe Union, and neither to hike freights nor to add other fees accordingly in absence of government permission.
Safety overhaul of high-speed trains
2012-02-06 09:49:10
China will carry out a special campaign to check potential safety problems of high-speed trains this year, the country's work safety supervision authorities said.