China raises statistics criteria for indicators
2011-03-09 10:02:08
China's National Bureau of Statistics (NBS) on Tuesday announced adjustments to the decade-old method it uses to measure the country's production and investment indicators, saying the changes would help improve the accuracy and timeliness of statistical data.
Yiwu plans int'l trade reform
2011-03-09 09:34:49
China's State Council may soon approve a pilot program for a comprehensive reform of international trade in Zhejiang's Yiwu city, which is the world's biggest hub for small-scale manufactured goods.
China seeks suppliers for jumbo jet engines
2011-03-09 09:30:37
China's jumbo jet engine developer said on Tuesday that it was seeking local and foreign partners to supply parts for the country's large commercial jets engines.
Labor crunch 'structural problem'
2011-03-09 09:17:03
China's labor shortage is expected to spread to central and western regions, from eastern coastal areas, amid a rising demand for workers, the human resources minister said on Tuesday.
Fosun building overseas presence
2011-03-09 10:09:35
China's private conglomerate the Fosun Group will raise more funds this year to put into the luxury, consumer goods and food chain sectors overseas, a move in keeping with the company's ambition to expand its overseas presence.
Mattel: Sorry, doll, it just didn't work
2011-03-09 09:50:24
Counters selling Barbie dolls in Shanghai are still in operation, but Mattel closed its Barbie concept flagship store in Shanghai on Monday after almost two years of poor performance.
Aging population challenges pension system
2011-03-08 13:58:50
Aging population poses a huge challenge to China's pension system, minister of human resources and social security Yin Weimin said Tuesday.
Shanghai's home prices drop to 2010 levels
2011-03-08 13:54:48
In the first week of March (Feb 28 to March 6), both the trading volume and prices declined in China's real estate market. The drop was a result of the implementation of the home purchasing limits, the Shanghai Securities News reported Tuesday.
Inflation to continue falling in Feb: official
2011-03-08 13:26:06
China's inflation rate in February was likely to be lower than that of January, an official with the country's top economic planner said Tuesday.
Imports to get boost from cuts
2011-03-08 10:47:01
Import tariffs levied against resources and high-tech products will probably soon be lowered and favorable rules could also be on the way to ensure people buy luxury goods in China instead of heading overseas, according to economic advisers close to the nation's decision-makers.
IPO rules to be amended, says regulator
2011-03-08 10:37:52
China will further amend the rules for initial public offerings (IPO) and cut red tape involved in the approval process in a move to substantially increase the proportion of direct financing, the country's top securities regulator said on Monday.
Trade surplus 'to decrease more' in 2011
2011-03-08 10:33:57
China's trade surplus will decrease further this year and may even go into deficit for a few months, Minister of Commerce Chen Deming said on Monday. This will be due to increased imports of high-tech products, green technology, resource-related goods as well as simplified procedures and tariff cuts on certain items, he said.