China alters controversial Poyang dam plan

2012-02-04 14:41:45

China has altered a plan to build a hydropower dam on the Poyang Lake after the plan was criticized by academicians for its potential damage to the already fragile ecology.

China's electricity supplies to remain tight this year

2012-02-04 11:30:54

The China Electricity Council (CEC) said Friday that China will face tightened supplies of electric power this year, with a shortage estimated to reach up to 40 million kilowatts.

Volvo reports record high net sales in 2011

2012-02-04 11:11:33

Net sales of the Swedish Volvo group in 2011 reached a record high level of 310.3 billion Swedish kronor ($46 billion), up 17.2 percent compared to 2010.

Online orders surge after big festival

2012-02-04 09:59:57

In the week following Spring Festival, online retailers and delivery services were overwhelmed by a flood of orders from customers unable to access certain virtual stores due to holiday closures.

China not out to purchase Europe: Wen

2012-02-04 09:03:52

Premier Wen Jiabao said on Friday that China has neither the intention nor the ability to buy up Europe, answering concerns over the country's increasing investment in debt-stricken eurozone economies.

'Lost' staff prompt a headache

2012-02-04 10:07:15

Many businesses in Guangdong, ranging from restaurants and toy makers to other manufacturing companies, have been hit by a labor shortage after the traditional Chinese Spring Festival. 

Opening-up to continue

2012-02-04 09:03:52

China will continue its policy of opening-up to the outside world and encourage its enterprises to participate in equal competition in that process, Vice-Premier Li Keqiang said.

Pollution costing China dear: Report

2012-02-04 09:58:57

China is paying an increasing price for pollution brought about by economic development, says a report by the country's environmental protection academy. 

Website will take on group-buying giants via China

2012-02-04 09:45:52

Jonathan and Danielle Jenkins, a young couple from Texas in the United States, want to challenge Jack Ma's e-commerce empire.

Shanghai and Hongqi cars to hit the road again

2012-02-04 09:43:52

China's strong desire to use domestic brands as official vehicles may provide a golden opportunity to revive the country's two most historic and famous cars, Hongqi (Red Flag) and Shanghai.

New plan for petrochems' development

2012-02-04 10:13:01

China will form as many as four refining bases in the coastal regions, each with a refining capacity of 20 million metric tons by the end of 2015.

State Grid buys stake in Portugal REN

2012-02-03 17:39:16

Portugal's government agreed to sell a 40 percent stake in REN-Redes Energeticas Nacionais SA (RENE) for 592 million euros ($779 million) to State Grid International of China and Oman Oil Co to meet the terms of a bailout accord.

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