China new bank lending under 600b yuan in Feb
2011-03-04 10:30:06
Chinese banks extended less than 600 billion yuan ($91.31 billion) in new loans in February, the China Securities Journal reported on Friday quoting industry sources.
3D TV in China: gamble or godsend?
2011-03-04 10:28:09
For makers of three-dimensional (3D) televisions, the Chinese market is a gamble as domestic customers have so far shown little interest in the concept.
Higher personal income tax threshold urged
2011-03-04 10:08:14
The Chinese public is looking for a way out of the nation's personal income tax (PIT) burden, expressing hope for a higher personal income tax threshold after the State Council proposed a plan to adjust the PIT entry.
Service sector growth slows
2011-03-04 09:57:09
China's non-manufacturing industries contracted in February for the first time in a year because of the week-long Lunar New Year holiday.
Tianjin Port in talks to set up LNG base
2011-03-04 09:49:06
Tianjin Port (Group) Co is negotiating with China National Offshore Oil Corp to establish a liquefied natural gas (LNG) terminal in the port to quench the gas shortage in northern China, a top port official said on Thursday.
Foreigners hit by rising property market
2011-03-04 09:43:59
The heating system broke down in Jason Klug's apartment a week ago, but the landlord said if Klug wanted heating, he would have to fix it himself. "It seems like a lot of things break in this apartment," said Klug, 23, a student from the United States.
China Southern to launch new route to Auckland
2011-03-04 09:40:46
China Southern Airlines, with the nation's largest air fleet, said on Thursday that it would fly directly between Guangzhou, capital of south China's Guangdong province, and Auckland, New Zealand starting on April 8.
Baosteel wins US trade case
2011-03-04 09:19:53
Baoshan Iron & Steel Co Ltd (Baosteel) has won an anti-dumping case in the United States involving imports of drill pipes to the country. Analysts said the result sets a precedent for Chinese steelmakers to defend their interests in overseas markets.
China Vanke's February sales rise 141.8%
2011-03-04 09:15:46
China Vanke, the country's largest property developer, said on Thursday that its property sales in February hit 6.08 billion yuan ($925.42 million), up 141.8 percent year on year.
Bright Food keen on Yoplait stake
2011-03-04 09:14:41
Bright Food Group, China's leading food group, is optimistic about its bid to purchase a stake in France's Yoplait, an executive told China Daily on Thursday. Although the competition is "quite fierce" among the bidders, the company is quite "serious" about the deal, the executive added.
China Mobile ready for 4G rollout
2011-03-04 09:07:09
China may soon start the commercial use of its homegrown fourth-generation (4G) telecommunication technology, providing the system is fully developed, according to comments by Wang Jianzhou, chairman of China Mobile Communications Co.
Shanghai raises minimum wage standard
2011-03-03 13:34:01
Shanghai announced Wednesday it would raise minimum wages by up to 14 percent from April 1 to help low-income families keep up with surging prices.