Energy giants to give agriculture high priority
2011-02-01 14:25:31
China has called upon its energy companies to ensure fertilizer producers get ample supplies of natural gas for the spring planting season, to avert shortages as demand grows for foodstuffs including grain and meat.
China should increase precious metals reserves
2011-02-01 13:59:34
China should increase its gold and silver reserves, the Economic Information Daily reported on Monday, citing an interview with China's central bank adviser Xia Bin.
CSR predicts 2010 net profit rose by more than 50%
2011-02-01 13:48:15
China's largest train manufacturer CSR Corp said on Monday that it expects its net profit to have increased by more than 50 percent in 2010, thanks to the country's fast development of high-speed railways.
China's PMI drops to 5-month low of 52.9% in January
2011-02-01 13:35:44
China's manufacturing sector purchasing managers index (PMI) fell to a five-month low of 52.9 percent in January, compared with 53.9 percent in December, the China Federation of Logistics and Purchasing (CFLP) said Tuesday.
Nujiang hydro project back on agenda
2011-02-01 10:47:08
The country is set to resume its development plans for the Nujiang River in Southwest China due to increasing demand for energy.
GDP surge can have drawbacks
2011-02-01 10:18:47
Although economic growth in China's central and western provinces increased dramatically last year, experts warn that the fast pace may not be sustainable.
Sohu.com results beat estimates
2011-02-01 10:03:09
The owner of China's fourth-most visited website, Sohu.com Inc, posted a better-than-estimated 41 percent gain in profit after the company raised prices and boosted services such as video sharing.
CNOOC buys into US oil shale operation
2011-02-01 10:01:18
China National Offshore Oil Corp (CNOOC) Ltd, China's largest offshore energy producer, agreed to pay $570 million in cash for a one-third stake in Chesapeake Energy Corp's Niobrara shale project, adding to its US holdings in crude oil production.
Business owners worried about succession
2011-02-01 09:44:49
A recent survey indicated that 51 percent of the owners of private business in Guangdong province are worried that their children are unwilling to carry on their families' businesses.
Renminbi deposits in HK exceeds 300b yuan
2011-02-01 09:00:17
Renminbi deposits in Hong Kong recorded 314.9 billion yuan at the end of December, up markedly by 12.6 percent from the previous month, according to statistics published Monday by the Hong Kong Monetary Authority.
China's 2010 current account surplus rises 25%
2011-02-01 08:57:17
China's current account surplus jumped 25 percent from one year earlier to $306.2 billion last year, China's foreign exchange regulator said Monday.
China's spending on water conservation doubles
2011-01-31 17:08:12
China's central government spent 365.5 billion yuan ($55.38 billion) on water conservancy during the past five years, more than double the amount spent during the 2001-2005 period, the Ministry of Finance announced on Jan 31.