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China Daily Website

  • Estee Lauder Group raises cosmetic prices

    2011-07-04 13:12

    From July 1, Estee Lauder Group has raised the prices of its cosmetic brands,which include Estee Lauder, Clinique, MAC and Origins, by eight percent to ten percent on average, The Beijing News reported Monday.

  • Year-to-date sales surge for major developers

    2011-07-04 13:11

    Sales of China's top 10 property developers totaled 332.3 billion yuan ($49.41 billion) in the first half of 2011, up 80 percent year-on-year, the China Securities Journal reported Monday, citing a report of the China Real Estate Information Corporation.

  • 60m people exempt from paying tax after amendment

    2011-07-01 10:02

    The number of people who have to pay personal income tax will reduce from 84 million to 24 million after China raised the monthly personal income tax threshold. Tax threshold in surprise increase

  • Three market-oriented ways to energy saving

    2011-06-30 17:23

    China is going to reveal an energy-saving and environment protection plan very soon. It will apply three market-oriented approaches to ensure products meet the energy-saving requirements, 21st Century Business Herald reported Thursday.

  • SOEs are major investors in yuan PE fund

    2011-06-30 17:18

    State-owned enterprises (SOEs) are becoming the major limited partnership in yuan private equity (PE) funds, according to a report released by the Zero2IPO Group, the International Financial News, a newspaper affiliated to the People's Daily, reported Thursday.

  • Beijing-Shanghai rail to spur economic growth

    2011-06-30 16:46

    The Beijing-Shanghai high-speed railway, which started its fresh trip at 3 pm Thursday, will create a new economic growth belt along 1,318 kilometers of rail lines. Video

  • 1t yuan for urban rail

    2011-06-30 13:13

    China hopes to invest more than 1 trillion yuan ($155 billion) by 2015 for 96 planned urban rail lines covering 2,500 kilometers, the Beijing Morning Post reported.

  • China's A-share market shrinks in value

    2011-06-30 08:53

    market value of China's A-share market accumulatively shrank by 903.2 billion yuan ($139.6 billion) in the first half of this year, China Securities Journal reported Wednesday.

  • China's CAS and ICBC Leasing buy 88 A320 aircraft

    2011-06-29 16:27

    China Aviation Supplies Holding Company (CAS) and ICBC Financial Leasing Co Ltd (ICBC Leasing) have signed agreements with Airbus for a total of 88 A320 Family aircraft.

  • Coca-Cola price hike won't affect China

    2011-06-28 17:40

    A US price hike by soft drink giant Coca-Cola won't affect Coca-Cola prices in China, China Business News reported Tuesday.

  • Official confident in China’s IPO market

    2011-06-28 16:30

    China became the world’s largest initial public offering (IPO) market in 2010 and will cement this position during the next 10 years, the Guangzhou-based Yangcheng Evening News reported Monday, citing an official from the country’s securities watchdog.

  • 2,000 yuan pickle only a sales gimmick

    2011-06-28 16:25

    A report released by Citic Securities Co Ltd (CITICS) on an exorbitantly priced mustard tuber, a kind of pickle popular in China, is a stunt as the product has been on sale for several years and has little effect on the producer's profits.

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