Singles' Day sales push couriers to the limit
2011-11-23 11:09:42
The online shopping promotion on Nov 11 has led to a massive delivery delay across the country as well as mounting complaints over fake discounts, substandard products and poor after-sales services.
'Drop subjects that don't pay'
2011-11-23 11:12:25
The Ministry of Education urged universities around the country to enroll fewer students in programs that usually lead to low employment.
HNA urges US to ease up with visas
2011-11-23 11:01:43
HNA Group Co Ltd, parent company of Hainan Airlines Co Ltd, is urging the United States to lift restrictions on visas for Chinese visitors.
Lower GDP growth rate forecast
2011-11-23 11:00:48
The World Bank has lowered its GDP growth forecast for China to 9.1 percent for this year and 8.4 percent for 2012, amid growing concerns about impact of the European debt crisis on the world's second-largest economy.
Rural consumers have highest confidence
2011-11-23 10:05:47
China's smaller cities and towns offer the greatest potential for retail growth, because of the country's urbanization process and rising incomes in rural areas, according to the Nielsen Company.
Firms facing up to tough reality
2011-11-23 09:40:49
When the global financial crisis hit three years ago, many Chinese exporters crossed their fingers and hoped things would soon get better. Conditions have gotten worse in recent months and the waiting game is over for companies that want to survive.
China set to top online market
2011-11-23 09:20:39
China is expected to overtake the United States as the world's largest e-commerce market by 2015, according to a report released by the Boston Consulting Group (BCG).
Vegetable prices rise for second week
2011-11-23 09:08:59
Vegetable prices rose for the second consecutive week last week and will likely continue to rise, as production will diminish during the winter, the Ministry of Commerce said.
PBOC, HKMA renew currency swap agreement
2011-11-22 17:34:52
The People's Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) signed a renewed RMB/HK dollar currency swap agreement on Tuesday, with its size expanded to 400 billion yuan/HK$490 billion, the Hong Kong Special Administrative Region (HKSAR) government said.
Chinese prefer to buy luxury items overseas
2011-11-22 17:12:32
More than 50 percent of luxury purchases by Chinese consumers take place overseas, of which half take place in duty-free shops, according to a report issued on Monday.
Stance reaffirmed on climate change talk
2011-11-22 14:50:29
China on Tuesday reiterated that the Kyoto Protocol is an important and legally-binding multi-lateral agreement and must be adhered to in the upcoming climate talks in South Africa's Durban.
Int'l settlement of BOC's Shenzhen branch exceeds $100b
2011-11-22 14:37:52
The Bank of China (BOC), the country's third-largest lender, said Monday its Shenzhen branch had completed an international settlement volume of $102.57 billion by the end of October this year, up 37.1 percent year-on-year.