Electronics market faces shortages

2011-03-15 09:58:18

China's electronics market has been severely affected by the aftermath of the earthquake and tsunami that hit Japan on Friday. That's because many Japanese electronics companies have closed their factories in the country.

Move to improve tax rule means business

2011-03-15 09:56:03

In the second straight year of heated discussions on raising the threshold for individual income tax, national legislators and political advisers this time appeared to mean business.

China to scrap 34 bank service fees as of July

2011-03-15 09:04:00

China's banking regulator said via a circular on Monday that 34 kinds of bank service fees will be scrapped from July 1 to raise the efficiency of banking services.

Fuwuyuan! There's a warrior in my room!

2011-03-14 16:31:37

The "Terra-cotta Warrior Hotel" became a hot topic on the Internet recently.

Energy development plan to be fixed by March

2011-03-14 15:16:59

China's energy development strategy for the 12th Five-Year Plan (2011-2015) will focus on a structural adjustment of its energy resources, China Securities News reported Monday, citing a top official at the National Energy Administration (NEA).

China takes measures to ensure development

2011-03-14 14:50:22

Chinese Premier Wen Jiabao said Monday that the global financial crisis exerted a huge impact on China and the country took a series of stimulus measures to ensure long-term economic growth.
Boost non-State economy More jobs
Raise minimum purchase prices for farm products
Increase flexibility of RMB exchange rate
Taiwan investment in mainland Welfare apartments
Not easy task to achieve 7% growth
Local govts accountable for curbing housing prices

China's February new loans hit 535.6b yuan

2011-03-14 11:25:17

The People's Bank of China (PBOC), the country's central bank, said Monday that new yuan-denominated loans stood at 535.6 billion yuan ($81.52b) in February. 

China's Feb fiscal revenue surges 41.5%

2011-03-14 11:24:23

China's fiscal revenue jumped 41.5 percent year-on-year in February to 699.7 billion yuan ($106.5 billion), the Ministry of Finance (MOF) said Monday. 

Thinking out of the box for new gift ideas

2011-03-14 10:44:13

With so many reasons to give gifts, for many Chinese, especially those living in municipalities such as Beijing or Shanghai, the problem often lies in the "what?" rather than the "for what?".

Whiteboard maker to chalk up China drive

2011-03-14 10:38:09

DYMO/Mimio, the world's third-largest interactive whiteboard (IWB) supplier by market share, announced ambitious plans to tap into the Chinese education market to share in the economy's rapid growth.

Bosch gearing up for another boom

2011-03-14 10:05:14

German technology and service provider Robert Bosch GmbH regards China as the major destination for its future investment as it sees the huge market potential from China's robust economic growth.

China issues first ship trading price index

2011-03-14 10:04:04

China issued its first ship trading price index on Saturday in Beijing as it aims to provide more information on price fluctuations for ship traders and industry supervisors.