China raises asoline and diesel prices
2012-02-08 09:10:41
China raised the ceiling for retail gasoline and diesel prices for the first time this year on Wednesday in tandem with international crude oil hikes.
China's stocks surge over 2% Wednesday
2012-02-08 15:43:44
China's stocks surged over 2 percent on Wednesday driven largely by oil shares after the country's top economic planner raised the retail prices for gasoline and diesel on Tuesday.
Poly home sales slump 69% in Jan
2012-02-08 15:43:00
Poly Real Estate Group, China's second largest property developer by market value, said Wednesday that its home sales fell 69.35 percent year-on-year to 1.51 billion yuan ($239.68 million) in January.
China cuts Japanese debt holding
2012-02-08 15:31:48
China in 2011 sold a net 4.0188 trillion yen ($52.22 billion) of Japanese short-term debt that matures within one year, much larger than the 430.4 billion yen net selling in the previous year.
China releases plan to create 45m jobs
2012-02-08 14:28:54
China's State Council, or Cabinet, on Wednesday issued a plan to boost employment during the 2011-15 period, which aims to create 45 million jobs and keep the registered urban unemployment rate within 5 percent.
Inland companies struggle to retain workers
2012-02-08 10:34:40
A furious battle for manpower has erupted in China as manufacturers shift production westward from increasingly expensive coastal areas to less-developed inland provinces.
SMEs to get 3b yuan a year from govt support
2012-02-08 08:06:08
Small and medium-sized enterprises are unlikely to close on a large scale this year, and they will receive 3 billion yuan ($475.6 million) annually in central government support for the next five years.
CIC, Sinopec among investors in oil sands IPO
2012-02-08 10:14:09
Sovereign wealth fund China Investment Corp (CIC) and state refiner Sinopec are among the three cornerstone investors to pledge $350 million toward Canadian oil explorer Sunshine Oilsands Ltd's Hong Kong IPO, Reuters reported, citing a source with direct knowledge of the matter.
Chinese firms urged to assess risks overseas
2012-02-08 09:59:33
Senior management from some leading Chinese overseas companies believe the companies should better assess risks of operating in a foreign country and adopt multi-dimensional approaches to avert or mitigate such risks.
Capital flows in line with goals of policymakers
2012-02-08 09:13:16
China didn't experience large capital outflows in recent months, although the pace of net inflows slowed, which was in line with policymakers' aims.
Simpler visa procedures are passport to success
2012-02-08 09:26:15
Travel agencies and destination countries try to cash in on a predicted spending and tourism surge, Xin Dingding, Zheng Yangpeng and Shi Yingying report from Beijing and Shanghai.
Low-income housing distribution 'must be fair'
2012-02-08 09:24:05
The State Council will set up inspection teams to monitor the quality and distribution of low-income housing projects, Vice-Premier Li Keqiang said.