China to expand government procurement program

2012-02-11 09:12:03

China will try to expand the scope and scale of its government procurement program and continue to push for reforms in the area this year, China's Ministry of Finance (MOF) said Friday.

Manufacturing hubs's profit ebbs

2012-02-11 09:05:56

Rising costs, the renminbi's appreciation, and weak external demand for China-made goods have dented industrial profits in South China's manufacturing hubs of Guangdong and Zhejiang, data released Friday showed.

Guangdong gets tough on economic crime

2012-02-11 08:10:27

The Guangdong provincial government has mapped out a plan to crack down on economic crimes including monopolizing, counterfeiting and commercial bribery, officials said at a conference in the provincial capital on Thursday.

Cross-province effort to build economic hub

2012-02-11 08:10:27

More than 90 million people will benefit from comprehensive business cooperation jointly launched by Hubei, Jiangxi and Hunan provinces, Li Hongzhong, Party chief of Hubei province, said on Friday.

January exports decline slightly

2012-02-11 07:56:11

China's exports in January registered a decline from a year ago - the first monthly fall in more than two years - as demand from the debt-stricken European markets continued to shrink and the week-long Chinese New Year holiday hurt global purchases.

Canada, China collaborate on natural resources

2012-02-11 07:56:11

Canada's resources sector is set to become a new target for Chinese companies. That's after the announcement of a $1 billion fund focused on investing in the sector.

Beijing to add 160,000 low-income housing units

2012-02-10 17:24:33

Beijing will start construction on or purchase a total of 160,000 low-income housing units in 2012, an official with the Beijing municipal housing authority said Thursday.

China to upgrade food safety risk monitoring

2012-02-10 16:54:13

China will tighten food safety risk monitoring on dairy and meat products, as well as food additives and alcohol this year, according to Health Minister Chen Zhu.

Inner Mongolia reports rise in coal reserves

2012-02-10 15:46:04

Inner Mongolia autonomous region, China's leading coal producer, on Friday reported a rise of 17 billion tons in coal reserves in 2011, bringing the total coal reserves to a record 770.3 billion tons.

Guangdong to crack down on commercial crimes

2012-02-10 14:56:07

Officials of Guangdong province, an economic powerhouse in south China, have urged to crack down on commercial crimes to maintain market order and a sound environment for market economy.

Current account surplus represents 3% of GDP

2012-02-10 14:53:59

China's foreign exchange regulator said Thursday that the country's current account surplus would account for around 3 percent of the GDP in 2011.

Exports drop first time in 2 years

2012-02-10 14:34:55

China's exports for January decreased slightly from a year earlier, the first drop in more than two years, as demand from European markets continued to shrink and the Chinese new year holiday slowed trade.