Private foundations mushroom in China

2011-11-25 10:00:18

For the first year ever, more private foundations are operating in China than public ones. At the same time, those private foundations are finding that they lack the trained professionals and managers they need to function well.

Monetary easing may be on cards

2011-11-25 08:59:43

Monetary-loosening measures by the Chinese government are imminent, and the tone of its macro policy may change during the nation's annual Central Economic Work Conference, which is scheduled to begin in December.

Key gas agreement signed

2011-11-24 14:21:34

Energy-rich Turkmenistan will increase its natural gas deliveries to China by two-thirds under an agreement signed on Wednesday, with leaders of the two countries vowing to establish a long-term and stable strategic energy partnership.

China's industrial production growth to ease moderately in '12

2011-11-24 14:07:18

The growth rate of China's industrial value-added output in 2012 is likely to slide 1 to 2 percentage points from this year, due to growing uncertainties worldwide, a government official said Thursday.

Wind rips open terminal roof

2011-11-24 14:05:27

The building of the third terminal (T3) at the Beijing Capital International Airport had part of its roof ripped open by a strong wind on Tuesday night, the second time in a year, leading to increasing doubts on the landmark building's resilience.

China's GDP growth likely to slow to 9.2% in '11

2011-11-24 13:57:51

China's annual GDP growth is expected to reach 9.2 percent this year and continues to experience a moderate cooling in 2012, an official with the Ministry of Industry and Information Technology said.

First-tier cities fail to satisfy residents

2011-11-24 13:56:40

China's first-tier cities have failed to satisfy their residents in building service-oriented government, even as they play crucial roles in national politics and economy, according to a report released on Wednesday.

Draft regulation allows bacteria in frozen food

2011-11-24 13:55:46

A new draft, released by the Ministry of Health in September, allowing the existence of staphylococcus aureus - a currently prohibited bacterium - in frozen food, has attracted wide attention, especially given that four major manufacturers of frozen food in the country have been accused of producing bacteria-contaminated food in the past two months.

Trading houses face overhaul by government

2011-11-24 10:05:53

Electronic trading houses, which conduct transactions in commodities, artifacts and precious metals, have seen their numbers grow in the past five years from a few dozen to more than 300.

Iron ore platform set for Dec launch

2011-11-24 09:13:26

China is preparing to launch the first iron ore physical trading platform by the end of this year to provide a transparent pricing system for domestic and overseas participants, a senior official said.

Weak world, domestic demand depress PMI

2011-11-24 09:08:53

Weaker domestic and foreign demand is chilling the outlook for China's manufacturing sector, which is expected to slow to a 32-month low in November, as indicated by the preliminary HSBC Purchasing Managers' Index (PMI).

Ministry aims to bolster safety abroad

2011-11-23 13:14:31

To better protect Chinese companies and citizens abroad, the country has created a website containing overseas security information.