Trade surplus to drop to $150b: MOC

2011-11-16 16:14:18

China's trade surplus is expected to decrease to approximately $150 billion this year, the Ministry of Commerce (MOC) said Wednesday.

Accusation on yuan groundless: MOC

2011-11-16 15:26:56

China's Ministry of Commerce (MOC) reiterated on Wednesday that accusations on the exchange rate issue of Chinese currency is groundless and unreasonable.

Sino-Russia power line to supply China's demand

2011-11-16 10:42:59

Tests will start in December on a mammoth Sino-Russia power line, expected to accommodate China's surging demands for energy, according to the project's builder.

IMF cites securities sector improvements

2011-11-16 09:49:17

China's securities sector has seen considerable volatility but has undergone significant development overall, and the country's legal and regulatory systems needs to be more transparent and market-oriented, a report by IMF said.

Shanghai starts issuing bonds

2011-11-16 09:41:27

The auction of Shanghai's direct issuance of local government bonds, the nation's first, met with strong demand on Tuesday, enabling the municipal government to get financed at favorable rates.

Q3 current&financial accounts see surplus

2011-11-16 09:51:29

China's foreign exchange regulator on Tuesday said the country continued to see surpluses both under the current account and financial account in the third quarter of this year.

Banks still 'in good shape'

2011-11-16 09:02:54

China's banking system will be in good shape as the government fine-tunes its macroeconomic policies, despite a warning from the IMF that lenders could face systemic risks if several major shocks took place simultaneously, said analysts.

China Oct FDI up 8.75%

2011-11-16 10:37:35

The foreign direct investment (FDI) China attracted in October rose 8.75 percent year-on-year to $8.33 billion, the Ministry of Commerce (MOC) said Wednesday.

Pirated software distributors seized

2011-11-16 09:29:36

Investigators have cracked an online copyright-infringement case involving the software giant Microsoft, police here said.

Apple talks suppliers' 'pollution'

2011-11-16 09:02:54

Apple, long the target of critics who contend its suppliers are harming the environment and people's health, met with delegates from five environmental groups. The occasion let the company discuss its commitment to containing pollutants being released by its suppliers.

China Mobile launches 4G trial

2011-11-16 10:44:23

China Mobile Communications Corp said it has already launched the second phase of its fourth-generation (4G) mobile network trial in six Chinese cities, and hopes to complete the new trial by June next year.

China eyes green growth

2011-11-16 09:29:26

Chinese Premier Wen Jiabao said in Beijing that China will make the utmost efforts to promote green growth and curb pollution.