Sinopec to buy overseas assets from parent
2010-03-30 11:19:57
Asia's biggest refiner China Petroleum & Chemical Corp (Sinopec) will buy more overseas gas and oil assets from its parent, Shanghai Securities News reported Tuesday, citing Sinopec Chairman Su Shulin.
Shanghai's new air terminal starts operation
2010-03-18 16:40:32
Two airport terminals and two runways at Shanghai Hongqiao Airport will work together after the official opening of Terminal 2 on March 16, which increased the airport's capacity by 60 percent.
Bank's survey shows Chinese optimistic about financial prospects
2010-03-17 16:29:37
Three-quarters of Chinese consumers said they were optimistic about their financial prospects and confident in China's economy.
Less insurance capital allowed for property investment
2010-03-16 14:58:31
The China Insurance Regulatory Commission (CIRC) has approved in principle a draft of a report entitled "Provisional Measures on the Management of Insurance Capital Operation," the China Times reported today.
China becomes a net coal importer in 2009
2010-02-23 13:33:36
China's net import volume of coal surged to 103 million tons in 2009, the first time for the country to become a net importer of its staple fuel.
Social Security Fund cuts stake in BOC, ICBC
2010-04-15 16:13:50
China's Social Security Fund (SSF) has reduced its stake in both Bank of China and the Industrial and Commercial Bank of China (ICBC) in 2010, according to the report SSF submitted to the Hong Kong Stock Exchange.
BOC adjusts foreign currency deposit rates
2010-04-01 14:44:23
Bank of China (BOC), which has the largest proportion of domestic foreign currency assets, announced it would adjust the domestic rates of four kinds of foreign currencies.
Airlines to complete merger in April
2010-03-12 11:27:02
China Eastern Airlines and Shanghai Airlines are set to complete their merger by late April, when the new Eastern Airlines will join an international airline alliance, said Liu Shaoyong, chairman of China Eastern.
No new policies on home loans needed-official
2010-03-10 13:25:53
There is no demand to issue new policies for house loans for the moment, a central bank vice governor said.
Chongqing to become China's first inland tariff-free zone
2010-03-09 10:45:18
The State Council has just chosen Southwest China's Chongqing municipality to become the country's first inland tariff-free zone, Bo Xilai, the Chongqing Party chief and a deputy to the National People's Congress, said on March 6.
DDS failure speeds up restructuring of courier business
2010-02-26 16:30:35
China Express Consulting Website, a website providing consultant services to courier firms, predicted that China's private courier enterprises will decrease by 30 percent in 2010.
CAAC looks to reduce delayed flights
2010-02-23 16:56:41
China's aviation industry is taking measures to lower the rate of delayed flights in a bid to improve passenger satisfaction, while analysts said the move shows airlines are readying themselves to fight back as more high speed rail lines are completed.