China's economy on right track: IMF

2011-11-11 05:35:09

IMF Managing Director Christine Lagarde said Thursday that China is taking the right approach to driving its economy forward.

China Oct auto sales down 7.37%

2011-11-10 09:16:03

China's automobile sales dropped 7.37percent month-on-month to 1.52 million units in October, the China Association of Automobile Manufacturers (CAAM) said.

Dip in CPI may lead to policy easing

2011-11-10 09:22:03

With China's inflation easing to a five-month low last month, analysts said that the government will have more flexibility in conducting monetary policy as the domestic economy cools and the European debt crisis threatens the country's exports.

Wenzhou launches reforms to tackle debt crisis

2011-11-10 09:16:41

The eastern city of Wenzhou announced that it has launched a series of financial reforms to help tackle the debt crisis of local small and medium-sized enterprises (SMEs).

China's property cost curbs to remain

2011-11-10 00:49:12

China's war against its stubbornly high property prices looks set to be a long one, as the government has repeatedly pledged to continue its market curbs until it comes to a "reasonable" level.

FAW Volkswagen production up 16%

2011-11-09 16:25:25

Automobile production for Volkswagen AG's Chinese joint venture, FAW Volkswagen Automobile Co Ltd, rose by 16 percent to reach 831,267 units in the first 10 months of the year, sources with the company said Wednesday.

Anti-monopoly probe into telecom giants

2011-11-09 15:28:04

China's top economic planner is investigating two Chinese telecommunications giants over suspected monopoly in broad band access business, the National Development and Reform Commission (NDRC) confirmed Wednesday.

1.8m jobs open for social workers

2011-11-09 15:02:11

As part of a government plan, 2 million qualified social workers will be employed on the mainland by the end of 2015, said a Ministry of Civil Affairs official.

Climate change threatens drop in grain harvest

2011-11-09 14:28:28

China might face increasingly grim food shortages in the next few decades due to a possible drop in the country's grain harvest, triggered by a climate change, a leading agriculturalist warns.

Real estate agencies close stores as market cools

2011-11-09 13:19:31

Real estate agencies in Beijing have shut down nearly 1,000 outlets so far this year, with 177 in October alone, as the property market cooled following a slew of government tightening measures, according to a survey by a leading real estate agency.

China's diamond demand sparkles

2011-11-09 10:23:03

China's demand for the precious stones will steadily increase in spite of rising prices.

Railways ministry auctions $4.7b bonds

2011-11-09 10:15:50

China's Ministry of Railways (MOR) on Tuesday auctioned 30 billion yuan ($4.74 billion) worth of bonds in an attempt to finance the country's cash-starved railway construction.