Recycled metals sector set to be restructured

2011-02-12 10:57:47

China aims to greatly increase the proportion of recycled nonferrous metals used in its industries.

'Red tourism' raises hopes

2011-02-12 10:53:43

Baishidu village used to be quiet and secluded during the Chinese lunar new year. This Spring Festival, though, the old revolutionary base in Yizhang county of Central China's Hunan province came to life, its villagers beating drums and dancing along to revolutionary songs to welcome tourists from neighboring provinces.

Bosses battle it out for workers

2011-02-12 09:21:46

Coastal and inland cities are fiercely competing to attract migrant workers as China's labor shortage spreads to less-developed central and western regions.

Wen urges more efforts to boost grain output

2011-02-11 14:08:26

Chinese Premier Wen Jiabao Thursday called for more efforts to boost grain production, while pledging to make available more funds to the agricultural sector.

China still No 1 gold producer

2011-02-11 14:04:18

China produced 340.88 tons of gold in 2010, an increase of 8.57 percent from last year, making it the world's top producer of gold for the fourth consecutive year.

PBOC slaps differentiated reserve ratios on small banks

2011-02-11 10:07:34

China's central bank has imposed differentiated reserve requirement measures on some small- and medium-sized domestic banks as part of its quest to tame inflation, the China Securities Journal reported on Friday.

Bernanke urges yuan rethink

2011-02-11 09:53:36

US Federal Reserve Chairman Ben Bernanke said on Wednesday China's recent measures to control its inflation by raising interest rates is "surprising" and urged Beijing to let its currency rise.

China's holdings will not be affected in Fannie and Freddie’s sell-off

2011-02-11 16:42:05

Analysts said China's holdings of the two giants' bonds will not erode in the post-Fannie and Freddie world as the US government will offer unlimited warrants to protect the interests of debt holders.

China to expand rural road network

2011-02-11 09:48:19

China aims to extend its road network in rural areas to 3.9 million km by 2015, according to China's transport authorities on Thursday.

Bright Dairy denies yogurt bid talk

2011-02-11 09:45:18

Bright Dairy & Food Co, China's third-biggest dairy company by sales, denied that it is bidding for a stake in a French yogurt maker.

Hainan tax rebate plan fails to lure the tourists

2011-02-11 09:41:10

A new tax-rebate policy on the southern island of Hainan, which benefits foreign travelers and visitors from Taiwan, Hong Kong and Macao, hasn't attracted as much holiday business as expected in the first month since it came into effect.

Home sales drop during Spring Festival

2011-02-11 11:01:53

Home sales in China are typically abysmal during the Spring Festival holiday as people enjoy being with their family rather than selling or buying homes, but this year sales were even worse than usual.