Land sales forecast to drop
2012-02-08 09:13:16
Beijing's revenue from land sales is expected to drop by 30 percent once again this year to hit 90 billion yuan ($13.6 billion) as the city's property market cools down as a result of continuous tightening measures.
MOC: Exports still driving growth
2012-02-08 08:57:15
Exports will remain a major force in helping China maintain economic growth by creating jobs and stimulating domestic consumption, despite decelerating growth in overseas shipments.
Passenger vehicle sales tumble in Jan
2012-02-08 08:57:15
Sales of passenger vehicles in China registered their largest year-on-year decline in at least 10 years in January. The retreat came as two holidays in a single month accelerated the slowdown.
China to see slow power consumption growth
2012-02-07 17:06:42
China's electricity consumption growth will slow in 2012, as the world's second-largest economy is expected to decelerate this year amid uncertainty in Europe and other developed economies.
Slowdown concern slaps China's stock market
2012-02-07 16:34:52
China's stocks fell on Tuesday, dragging the benchmark index down by its biggest daily loss in three weeks, over concern about a slowdown in the world's second largest economy.
China growth estimate for 2012 cut to 8.25%
2012-02-07 09:02:53
The IMF has cut its forecast for China's 2012 economic growth to 8.25 percent from the 9 percent projected in September, and it warned that exports would be a significant drag on expansion in the coming two years.
More support for small firms
2012-02-07 15:29:56
Chinese government will roll out more policies tailored for boosting the healthy development of small and micro-sized firms, an official said Tuesday.
Telecom sector revenue up 10%
2012-02-07 15:27:26
The Ministry of Industry and Information Technology (MIIT) announced Tuesday the main business revenue of the nation's telecommunication sector reached 988 billion yuan ($157 billion) in 2011.
SAIC says Jan auto sales dip 8.48%
2012-02-07 15:00:29
Top Chinese automaker SAIC Motor Corp reported its first monthly sales decline in six months in January as automakers and dealerships closed shop for the week-long Lunar New Year holiday.
CNPC to raise gas output by 5%
2012-02-07 13:20:27
China National Petroleum Corp plans to raise its natural gas output to a level of 79.3 billion-82.1 bcm this year, the largest Chinese oil and gas producer said in a company newspaper on Tuesday.
Walmart names Foran as new China CEO
2012-02-07 13:10:08
Wal-Mart Stores Inc said on Tuesday it has named Walmart executive Greg Foran as the president and chief executive of Walmart China, capping a series of leadership changes at the China unit tainted by food scandals.
Assets check required for Govt welfare
2012-02-07 10:11:26
A new regulation will deny welfare subsidies to residents who own assets that require a certain level of income to buy, such as vehicles or real estate.