China to form 100 steel groups by 2015

2011-03-22 17:41:50

China will step up efforts to consolidate its steel industry in the next five years.

Quake's effects on China trade temporary

2011-03-22 17:40:11

The 9.0-magnitude earthquake and tsunami in Japan will not have long-term effects on the country's trade volume and pattern with China. But China's imports from Japan may be influenced in the short term, Economic Information Daily reported Tuesday.

Kumho recalls suspect tires and apologizes

2011-03-22 17:37:07

The South Korean tire maker Kumho Tire Co Ltd promised to recall all its faulty products and formally apologized to Chinese consumers on Monday. 

China vows to boost trademark protection

2011-03-22 13:52:49

China's top industry and commerce administrator has pledged that every effort will be made to protect trademarks registered by overseas firms amid a growing number of applications. 

North African crisis disrupts CNPC projects

2011-03-22 11:09:21

China National Petroleum Corp (CNPC), the country's biggest oil and gas producer by volume, said it is evaluating losses made in Libya recently and its operations in the North African country had been halted after all of its more than 100 employees were evacuated from the country.

China's Jan-Feb ODI up 13.1%

2011-03-22 11:00:28

China's outbound direct investment (ODI) in the non-financial sector saw an increase of 13.1 percent year-on-year to $5.27 billion in the first two months, the Ministry of Commerce (MOC) announced Tuesday.

China's yuan advances to new high

2011-03-22 10:59:08

The Chinese currency, or the yuan, on Tuesday strengthened 40 basis points to a new high of 6.5592 per US dollar from Monday.

Nuclear power standards come under scrutiny

2011-03-22 10:58:18

China Guangdong Nuclear Power Group Co, the majority owner of the Daya Bay plant near Hong Kong, is conducting safety checks on its power stations, including those under construction, following the Japan nuclear crisis.

Private consumption to take up 45% of GDP by 2015

2011-03-22 10:55:10

The share of private consumption in China's gross domestic product (GDP) is expected to jump to up to 45 percent by 2015, compared with the present 36 percent, a senior economist said Monday.

Budget hoteliers eye Motel 168 chain

2011-03-22 10:48:28

The top four Chinese budget hoteliers, 7 Days Group Holding Ltd, Shanghai International Jin Jiang Hotel Group, Hanting Hotel Group and Home Inns & Hotel Management Inc all indicated their interest in acquiring Motel 168 Hotel Group recently.

UK eyes China as key partner for growth

2011-03-22 10:46:48

British Trade and Investment Minister Lord Stephen Green said on Monday in Beijing that China is Britain's key partner for growth.

Hong Kong's 2010 GDP up 6.8%

2011-03-22 10:43:09

Hong Kong's gross domestic product (GDP) went up 6.8 percent in real terms in 2010 year-on-year, the city's Census & Statistics Department announced Monday.