Long-term investment urged for Chinese insurers in stock

Chinese insurers were urged on Wednesday to make long-term investments in the stock market and fend off risks amid price fluctuations.

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• Non-financial investment rises 6%
• Fixed-asset investment indices up 8.6% in 1Q
• Wider channels for rural financial investment
• China's direct investments abroad top $92b by 2007

Private entities urged to invest in railways

Hainan unveils blueprint for int'l tourist island

China's southern island province of Hainan unveiled on Friday a blueprint aiming to build itself into an international tourist destination by 2028.

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• Guangxi to spend $33 billion on transport
• China starts work on Beijing-Shanghai express railway
• Hainan aims to be a world-class tourist hotspot
• China approves new bonded zone in Tianjin

Central China urged to up ante

Dialogue to boost Sino-EU trade

China and the European Union are committed to deepening economic cooperation, senior officials at the first China-EU High Level Economic and Trade Dialogue said on Friday.

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• China, EU start up high-level economic, trade dialogue
• China, UK conclude first economic, financial dialogue
• Premier: China advocates multilateral trade system
• China, Chile ink deal on services

Historic free trade pact inked

Steel exports down 37% in Q1

Efforts to curb steel exports paid off, with net foreign sales of crude steel down 37 percent year-on-year in the first quarter, the China Iron and Steel Association (CISA) said on Tuesday.

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• Mobile phone production growth slows in first quarter
• China's oil consumption hits record high in first quarter
• Insurance sector Q1 investment returns hit 1.2%
• Electronic and information industry lags

China is world's 3rd largest motor producer in 2007