China to cut bank loans to local govts

2011-03-07 10:04:54

China is cutting the size of outstanding bank loans to local government financing vehicles, Liu Mingkang, the head of China's bank regulatory body, was quoted as saying on Monday.

Rare earth industry faces reshuffle

2011-03-07 09:36:04

A newly released official document, which sets tough emission limits on miners producing rare earths, will force a reshuffle in the industry, Chinese experts and industry insiders said.

Shanghai to invest 24.5b yuan for Disneyland project

2011-03-07 09:56:58

The approved investment for the first phase of the Disneyland project in Shanghai stands at 24.5 billion yuan ($3.7 billion), Shanghai Mayor Han Zheng said Sunday.

Executives: Outlook is good for business

2011-03-07 09:41:02

More than 90 percent of the multinationals plan to increase their investment in China in the next five years - 27.5 percent by more than half. And 94.2 percent of executives said they are optimistic or slightly optimistic about their business outlook in China. The rest said they are pessimistic or slightly pessimistic.

Grain prices 'will be stable'

2011-03-07 09:12:40

Ample reserves will ensure stable grain prices, Zhang Ping, who heads the National Development and Reform Commission (NDRC) - the top economic planning agency - said on Sunday.

Getting fit for life in the busy metropolis

2011-03-07 10:16:21

Urban white collar women reflect a huge rise in those joining health centers and gyms in first- and second-tier cities, thanks to a rising awareness of the importance of keeping fit and staying healthy.

Aviation firms look to take off in China

2011-03-05 15:13:07

The chief designer of China's first commercial jetliner, Wu Guanghui, refuted accusations by Western media that aviation suppliers from developed countries are forced to transfer sophisticated technologies in exchange for access to China's lucrative market.

China Southern's first A380 makes maiden flight

2011-03-05 13:29:20

The first Airbus A380 of China Southern Airlines, the biggest Chinese airline by fleet size, made its maiden flight on Friday.

Volvo recalls 750 XC60 vehicles in China

2011-03-05 13:28:24

Volvo will recall 750 of its XC60 vehicles on the Chinese mainland starting next Monday, China's quality watchdog said on Friday.

China to readjust income distribution to stop yawning gap

2011-03-05 11:35:00

Readjusting income distribution in a reasonable manner is both a long-term task and an urgent issue to address at present, Premier Wen Jiabao said Saturday in his government work report delivered at the parliamentary annual session.
China targets 4% CPI rise
China targets 7% annual growth of per capita income
China to curb rise of housing prices 
China targets GDP growth at about 8% this year
China to accelerate economic restructuring in 2011
China projects $136b fiscal deficit in 2011
Key targets of China's 12th Five-Year Plan

Chinese retailers to offer refund to iPad buyers

2011-03-05 11:31:06

China's retailers will offer refund to recent buyers of iPad 1 as price dropped with the debut of iPad 2.

Clean energy plans for next five years

2011-03-05 09:19:03

China on Saturday announced goals of building 235 million kilowatts of power generation capacity from clean energy forms in the next five years, in an effort to trim the country's heavy reliance on fossil fuels.