Pawnshops cash in during long Spring Festival
2011-02-11 09:30:27
The Chinese gift-giving custom during the Spring Festival boosted the business of pawnshops, with an increasing number of customers pledging high-grade gifts such as gold jewelry and Apple Inc's iPad for cash.
Tourism spending to see a big surge: survey
2011-02-11 10:19:46
Tourist spending from the Chinese mainland is expected to see a big surge this year, with sightseeing and ecotourism topping the list, a survey has found.
Central bank plans overhaul of money policy
2011-02-11 09:14:10
China's central bank is planning to use an indicator measuring total financing quantity and broader measures of money supply, such as M3 and M4, to better monitor liquidity conditions and curb inflation.
PBOC plans to redefine total social financing
2011-02-10 17:11:12
The People's Bank of China (PBOC), the central bank, plans to redefine and announce the statistical standard for total social financing and money supply, the China Securities News reported Thursday.
PetroChina to invest $5.43b in Canadian gas project
2011-02-10 14:21:37
PetroChina Co Ltd, China's largest oil producer, announced Thursday that it has agreed to buy a 50-percent stake in a natural gas project with North American gas giant Encana Corporation for 5.4 billion Canadian dollars ($5.43 billion).
China aims to boost grain production
2011-02-10 14:00:17
China's State Council, the nation's cabinet, pledged Wednesday to step up efforts to boost grain production as relentless droughts continue to wreak havoc in north China's wheat growing regions. China raises minimum rice purchase prices
China 2010 international patent filings up 56.2%
2011-02-10 10:51:00
China's international patent filings under WIPO's Patent Cooperation Treaty surged by 56.2 percent in 2010, the Geneva-based World Intellectual Property Organization announced Wednesday.
Shanghai residential property sales cool
2011-02-10 10:28:19
Policies aimed at cooling down the city's residential property market have started to take effect, and trading volume withered in the first week of February. But analysts say investors might tap into commercial properties to evade the higher cost of the residential realty market.
China to impose anti-dumping duties on imported optical fiber
2011-02-10 10:13:58
China's Ministry of Commerce (MOC) announced Wednesday it will impose temporary anti-dumping measures on optical fiber imported from the United States and European Union.
China ups public housing fund mortgage rates
2011-02-10 10:09:55
China's Ministry of Housing and Urban-Rural Development will raise the Public Housing Fund (PHF) mortgage rates for home buyers starting Wednesday.
Imports, car sales fuel 23% jump in tax revenue
2011-02-10 09:57:41
Driven by the large volume of imports and car sales, China's tax revenues jumped 23 percent year-on-year to reach 7.32 trillion yuan ($1.1 trillion) last year, sparking calls for tax cuts.
Yuan may hit 17-year high
2011-02-10 10:16:32
China's yuan may hit a 17-year high in the coming week as stocks rise and bonds fall after the People's Bank of China (PBOC) raised interest rates for the third time in four months to curb inflation, if history is a guide.