Offer of cheap houses provokes debate

2011-11-29 11:18:10

A tycoon famous for his outlandish charitable stunts is offering to sell property at huge discounts to people who have made significant contributions to the nation.

Delisting rules to change in Shenzhen

2011-11-29 09:16:27

The Shenzhen Stock Exchange on Monday broadened the delisting rules for its 2-year-old Growth Enterprise Board, after many companies on the market reported losses this year.

'Services industry must improve'

2011-11-29 09:10:29

"Made in China" will soon be joined by "Served by China" as a driver of growth in the world's second-largest economy. That's because 30 high-value-added service industries are set to receive prioritized support over the next five years, a trade official said.

Greentown 'in talks with CIC unit, Blackstone' on JV

2011-11-29 10:59:31

Greentown China Holdings Ltd, a Hangzhou-based property developer, is talking with a subsidiary of China Investment Corp (CIC), Blackstone Group and Beijing Greentown Sunshine Investment Co to set up a joint venture (JV) for domestic property development.

New onshore partners for yuan trading

2011-11-29 10:56:22

China on Monday started trading the yuan against the Australian and Canadian dollars in the domestic interbank foreign-exchange market.

Women account for 42.5% of civil servants

2011-11-29 10:12:02

Women account for 42.5 percent of civil servants in all levels of government across China, said the Ministry of Human Resources and Social Security Monday.

China to promote Sino-foreign investment co-op

2011-11-29 10:04:30

Chinese Commerce Minister Chen Deming said Monday that China will make more vigorous efforts to promote comprehensive and in-depth development of Sino-foreign investment cooperation.

China speeds up preparation of RQFII scheme

2011-11-29 10:00:44

The preparation for RMB Qualified Foreign Institutional Investors (RQFII) scheme has sped up following the slowdown of hot money inflow in October, said sources with the China Securities Regulatory Commission(CSRC).

Baosteel sells Dim Sum bonds

2011-11-29 09:57:06

Baosteel Group Corp has cut its borrowing costs by almost 1.5 percentage points, compared with yields in Shanghai, through the sale of the largest corporate yuan-denominated bond in Hong Kong.

Solar thermal utilization industry to grow 17.6%

2011-11-29 09:48:59

The output of China's solar thermal utilization industry for the whole of 2011 is expected to be 17.6 percent higher than for 2010, reaching 57.6 million square meters, an industry expert said.

OECD projects China growth at 9.3%

2011-11-29 09:30:16

The rapidly deteriorating crisis in the eurozone has worsened the global economic outlook, but the OECD did not lower its forecast for China's growth in an economic outlook report compared with announcements it made in October.

China ready to act in PV cell probe

2011-11-29 09:26:51

China has prepared for the worst outcome of the US investigation into the Chinese photovoltaic (PV) solar cells industry, a senior official said, indicating that the government will act accordingly if any tariffs are imposed.