CNPC operates 16m cubic metre fuel storage
2012-02-06 13:50:04
Refined oil products storage operated by China National Petroleum Corp surpassed 16 million cubic metres at the end of last year and service stations increased to 19,000, China Petroleum Daily reported, citing a PetroChina Co executive.
City to relocate smelting plants after toxic spill
2012-02-06 11:21:40
Authorities in a southwestern China city said on Sunday that it would relocate all smelting plants near downtown in five years after a spill of toxic cadmium in a river threatened drinking water supplies for millions of people.
Central Huijin plans for banks to cut dividend ratios
2012-02-06 10:55:47
Central Huijin Investment Ltd, the shareholder of China's biggest State-owned banks, said the lenders will lower their dividend payouts to shore up capital, Bloomberg reported.
China bans airlines into EU carbon scheme
2012-02-06 09:18:31
China's airlines are not allowed to pay a charge on carbon emissions imposed by the Europe Union, and neither to hike freights nor to add other fees accordingly in absence of government permission.
Work safety highlighted before leadership transition
2012-02-06 10:15:29
In the wake of steep human cost in its coal mines and on its roads, China is seeking to improve workplace safety ahead of its upcoming leadership transition.
Water diversion project to be operational in '13
2012-02-06 10:08:51
China's massive project to divert water from the south to its arid north will be partially completed this year and will start supplying water in 2013, a water conservancy official in the eastern Shandong province said.
Vanke Jan home sales tumble 40%
2012-02-06 09:51:04
China Vanke Co, the country's largest property developer by market value, saw home sales slump 39.3 percent year-on-year to 12.2 billion yuan ($1.96 billion) in January.
SAIC revives Shanghai brand
2012-02-06 09:49:39
With production suspended for two decades, the once-famous Shanghai brand car is expected to be revived by SAIC Motor Corp headquartered in the eastern metropolis of China.
China plans safety overhaul of high-speed trains
2012-02-06 09:49:10
China will carry out a special campaign to check potential safety problems of high-speed trains this year, the country's work safety supervision authorities said.
China's economy to expand 8.1% in 2012
2012-02-06 09:46:52
China's economic growth will decelerate to around 8.1 percent this year and edge up to 8.7 percent in 2013, Stephen Green, economist with Standard Chartered Bank (China), said.
Sales of holiday snack spike across mainland
2012-02-06 09:33:07
China has seen a boom in the sale of handmade yuanxiao, glutinous rice dumplings traditionally eaten at Lantern Festival, in the run-up to the celebration, which falls on Monday this year.
German firms seeking growth in China
2012-02-06 09:31:47
Although it is widely speculated that China's economic growth will slow this year, Breslein is still optimistic about future growth, as his home country braces for zero growth this year.