Reserve system mooted for TCMs

2011-03-08 10:23:32

China should establish a reserve system for traditional Chinese medicine (TCM) materials as soon as possible, according to the nation's pharmaceutical businesses and industrial associations.

Express delivery companies suspended

2011-03-08 10:05:06

The State Post Bureau has suspended the business of 17 Chinese express delivery companies because they lacked operating permits, according to the bureau's official website. 

Rural per capita net income up 8.9% annually in 2006 - 2010

2011-03-08 10:02:23

The per capita net income for China's rural residents maintained an 8.9-percent annual growth rate during the 2006-2010 period, or 12.7 percent before price factor adjustments, the National Bureau of Statistics (NBS) said Monday.

China Vanke '10 net profit up 36.65%

2011-03-08 09:58:52

China Vanke Co, the country's biggest developer by market value, said its 2010 net profit rose 36.65 percent on strong demand for homes.

Plan to double postal revenue

2011-03-08 09:48:58

China's postal sector is planning to double its revenues over the next five years, accounting for 0.5 percent of the nation's GDP, said Ma Junsheng, director-general of the State Post Bureau on Friday.

Weak February auto sales split analysts over year's prospects

2011-03-08 09:29:49

China's passenger vehicle sales dropped slightly in February from last year, the first fall in more than two years and giving rise to uncertainty about the entire year's sales. 

Trials planned for TD-LTE

2011-03-08 09:20:44

China Mobile Communications Co, the parent of world's largest telecom carrier by subscriber numbers, said on Monday that seven major Chinese cities will run a commercial trial of the TD-LTE network by the second quarter of 2012.

China prepares to end GDP obsession

2011-03-07 15:17:30

China will seek lower economic growth in the coming five years as the constant pursuit of rapid expansion in past years has brought about unbalanced economic and social development.

Resident income to grow in 2011-2015

2011-03-07 11:17:40

A total of 24 provincial regions have set targets for the growth of resident income which equal or outpace local GDP growth goals in the 2011-2015 period, an official with China's top economic planning body said Sunday.

New asset management firm set to invest

2011-03-07 10:53:38

The nation's newest asset management company announced its future investments, China Securities Journal reported Monday. Xie Qihua, the board chairwoman of China Reform Holdings Corp Ltd, said the company will focus on core resources and strategic emerging industries.

High-speed rail stays on track

2011-03-07 10:38:23

China's newly-appointed railway minister has said the country will continue to develop its high-speed rail network as planned even after its former minister was ousted. 

Feb consumer prices set to fall: official

2011-03-07 10:34:38

China's top economic planner said on Sunday that the February consumer prices will drop from the previous high levels, and is confident of checking inflation on the back of abundant grain reserves.