Xinjiang to boost inbound investment

2011-03-22 09:58:25

China's Xinjiang Uygur autonomous region will allow lower-level economic planning agencies in the region to approve foreign investments of up to $100 million, local authorities said Monday.

CNPC, Aramco to construct refinery in Yunnan province

2011-03-22 09:57:37

Saudi Aramco and China National Petroleum Corp agreed to build a 200,000 barrel-a-day refinery in southern China as producers seek to meet rising fuel demand in the world's fastest-growing economy.

China halts Libya investment

2011-03-22 09:35:40

The Libyan turmoil will not hurt China's investment and business in Africa as a whole, although investment activities have been halted after the breakout of the unrest, officials and experts said.

Chinese media group taps ROK film market

2011-03-22 09:30:12

China's Zonbo Media and the Busan International Film Festival (BIFF) partnered to create a film distribution channel and chain of cinemas in the Republic of Korea (ROK).

Improving social security net key to growth

2011-03-21 18:15:38

China should improve its social security net to stimulate consumer spending as excessive fear-driven precautionary saving inhibits the growth of private consumption, a senior economist said Monday.

Japan's reconstruction may fuel inflation

2011-03-22 09:43:19

The rising price of oil, gas and other commodities, because of rising demand as reconstruction work begins in Japan, will keep China's inflationary pressure at a high level, World Bank economists said on Monday.

Chinese supplies feed survivors in Japan

2011-03-21 18:08:02

On March 20, workers process bamboo shoots at Longyou Foreign Trade Company in Qu Zhou, Zhe Jiang province. The employees have been working extra shifts in an effort to guarantee the food supply to disaster-stricken areas in Japan since the 9.0-magnitude earthquake and tsunami hit the country on March 11. About 20 tons of bamboo shoots are transported to Japan everyday.

Made-in-Japan label loses luster

2011-03-21 13:15:03

Supermarkets and Japanese restaurants in China have been distancing themselves from products imported from the nation since the earthquake-devastated country announced on Saturday that radiation levels found in spinach and milk produced near the crippled nuclear plant exceeded safe levels.

8 banks OKed to buy mainland bonds

2011-03-22 10:14:44

China took a fresh step on Monday to promote use of the yuan outside the mainland, giving approval to another batch of overseas banks to trade in the onshore bond market using yuan accumulated overseas.

China welcomes foreign investment

2011-03-22 09:15:31

Premier Wen Jiabao reiterated on Monday that China will strengthen its policy of attracting foreign investment, saying the country's development requires closer interaction with the rest of the world.

Support agriculture to 'curb inflation'

2011-03-21 10:51:58

China's Finance Ministry has said that it plans to increase support for agriculture this year as part of the government's general effort to put a halt to growing commodity prices. 

Trade deficit forecast for March

2011-03-21 10:35:18

China will probably post a trade deficit in March after reporting a surprise deficit in February, as its efforts to stimulate imports take off, Commerce Minister Chen Deming said on Sunday.