China gold demand may hit 400 tons in 2011
2011-11-09 10:15:16
China's gold output may exceed 350 tons and consumption reach 400 tons this year, according to the head of China Gold Association.
Aviation service base for business jets approved
2011-11-09 10:14:50
Shanghai Hongqiao International Airport was licensed as an aviation service base specifically for business jets, according to an airport official.
Shanghai to issue experimental govt bonds
2011-11-09 10:07:15
Shanghai will issue China's first ever local government bonds on Nov 15 in a pilot program designated to help cash-strapped local governments to curb fast-spreading debt risks, officials said.
Dagong gets first nation client
2011-11-09 09:51:40
The Chinese rating agency Dagong Global Credit Rating Co has secured its first sovereign customer, the Republic of Belarus. The Eastern European country is hoping that the rating provided by Dagong will lure more Chinese investors.
China's inflation eases to 5.5% in Oct
2011-11-09 09:46:23
China's consumer price index (CPI), a main gauge of inflation, rose 5.5 percent in October year-on-year, the National Bureau of Statistics (NBS) said Wednesday.
PPI up 5.0% Retail sales up 17.2%
Industrial output up 13.2%
Fixed-assets investment up 24.9%
CCTV ad auction draws record bids
2011-11-09 09:35:41
The annual landmark advertisement auction by China Central Television (CCTV), the country's sole national TV station, drew record bids this year on Tuesday, boosted by major events such as the 2012 Olympic Games and widespread optimism about the business environment.
Investing overseas delivers dividends
2011-11-09 09:12:07
China's overseas investment has increased rapidly, despite the global economic outlook, helping recipient countries tackle unemployment.
Miner sets up own PE fund
2011-11-09 09:48:40
East China Mineral Exploration & Development Bureau (ECE) has launched a 1 billion yuan ($157.5 million) private equity fund with the Chinese financial service institution Power Capital Co Ltd.
China urges EU to drop aviation emission plan
2011-11-08 17:10:56
China's aviation watchdog on Tuesday urged the European Union to drop a plan that would require global airlines to buy carbon emission permits after a UN aviation agency adopted a resolution against the plan.
Jan-Sept overseas investment up 12.4%
2011-11-08 16:58:56
Chinese companies invested $40.8 billion in non-financial sectors overseas in the first three quarters, up 12.4 percent from a year earlier, despite the global financial crisis, a senior official said Tuesday.
Yum! gets nod to buy Little Sheep
2011-11-08 15:33:40
Yum! Brands Inc has gained approval from the country's industry regulator over its proposal to take over Little Sheep Group Ltd, China's leading hot-pot restaurant.
Father, two sons sentenced to death for fraud
2011-11-08 13:23:16
Two brothers and their father were sentenced to death on Monday for cheating 15,000 investors out of over $1.1 billion in east China's Zhejiang province.