China's GDP to grow 9.6% in 2011: IMF
2011-04-28 16:01:40
China's economy is expected to grow 9.6 percent in 2011, the International Monetary Fund (IMF) said in a report released in Hong Kong on Thursday.
Central banker eyes growth in securitization
2011-04-28 15:01:11
China needs to urgently securitise part of its huge stockpile of bank loans to help stimulate growth in the banking and financial sectors, a vice central bank governor said on Thursday.
Steel mills hurt by high costs
2011-04-28 14:06:49
Some Chinese small blast furnaces have stopped using imported iron ore as the high cost of the commodity has hit their bottom line, said an executive from steelmaker Baosteel Group Corp.
World Bank raises China 2011 GDP forecast
2011-04-28 13:28:51
The World Bank said on Thursday that China's GDP is now likely to expand 9.3 percent in 2011, and it was too early for Beijing to halt policy tightening, not least because of inflationary risks.
China's long-term investment benefits Africa
2011-04-28 13:24:34
In a way that is different from traditional investors from Europe or the United States, China 's long-term approach to its investment in Africa has benefited many countries, said Lazarous Kapambwe, chief of the UN Economic and Social Council (ECOSOC).
China set to increase use of biofuels
2011-04-28 11:10:15
China can become a leader in the production of second-generation (2G) biofuels, made from agricultural waste instead of foodstuffs, such as sugar, starch and vegetable oils said a senior executive from one of the industries' leading companies.
Growing concern over school milk program
2011-04-28 10:44:55
A national school milk program intended to improve children's health has soured again.
Crackdown on illegal food additives
2011-04-28 10:05:51
China's industry and commerce authorities will intensify their crackdown on the illegal addition of non-edible materials to food and will tighten supervision of the use of food additives, the State Administration for Industry and Commerce said on Wednesday.
Companies to boost overseas investment
2011-04-28 09:06:33
Of the 1,024 companies surveyed, about 88 percent said they want to boost investment overseas over the next two to five years, a sharp rise from a year earlier when 61 percent of the firms surveyed said they planned to expand investment.
Hainan holiday costs soar
2011-04-28 09:49:50
The forthcoming Labor Day holiday and a duty-free policy that came into effect on April 20 have sent the cost of a holiday on the island province of Hainan soaring by 30 percent.
COSCO to resume port investments
2011-04-28 09:23:09
China Ocean Shipping (Group) Company (COSCO), the largest container ship operator in China and the sixth-largest in the world by volume, will resume its investment in ports, said Wei Jiafu, the president and chief executive officer of the group, on Tuesday.