Auto rent business better for locals

2011-01-31 11:13:20

Having rich management experience and a mature business model no longer provide advantages for overseas car leasing companies entering the Chinese market, industry analysts say.

Shanghai property tax hard to gauge

2011-01-31 10:25:13

The trade volume of this city's housing market slumped 40 percent on the first day of a new local property tax, and transaction volumes fell further over the weekend, according to figures from the Shanghai Real Estate Trade Center.

Suspicion sours holiday shopping after pricing scandals

2011-01-31 10:30:23

With charges of price deception hanging over the big chains of Carrefour and Wal-Mart and local authorities moving to levy fines, many Chinese -- normally averse to be pinching pennies during the Lunar New Year -- are checking their receipts at the tills.

A high-speed ride home

2011-01-31 10:26:14

Nearly 20 percent of Chinese train travelers have turned to high-speed lines during the Spring Festival peak travel period, Wang Zhiguo, vice-minister of railways, told a news conference on Sunday.

Hu stresses living standards in economic development

2011-01-31 10:23:47

Chinese President Hu Jintao said on Jan 30 that more attention should be paid to raising people's living standards while striving for economic growth.

Post Bureau hands down first fine for poor parcel handling

2011-01-31 10:07:53

The State Post Bureau has fined the Shanghai Jinqiao division of Shentong Express 10,000 yuan ($1,520) for rough handling of parcels.

Plan to supply land for houses falls short

2011-01-31 09:59:20

The central government did not achieve its goal of ensuring a certain amount of land was supplied for housing construction in the past year, according to a report released by the Ministry of Land and Resources on Saturday.

PBOC raises priority of price controls

2011-01-31 09:48:25

China's central bank said on Jan 30 that it would raise the priority of keeping overall price levels under control in 2011 by adopting a prudent monetary policy.

Yiwu slips into holiday lull

2011-01-31 09:40:14

The world's largest wholesale market for small products in east China's Yiwu city is slipping into a holiday lull as traders go home for the Lunar New Year after a year of good business.

Auto rentals accelerate into fast lane

2011-01-31 09:33:46

Increasing demand, improved living standards and new policies curbing private car usage are providing a big boost to China's car rental market.

Rules to give access to spouses' asset records

2011-01-31 09:23:49

After she divorced her husband in 2008, Liu Ying found out by accident that, unbeknownst to her, her former spouse had bought mutual funds and had saved money in banks during their marriage.

$608b injection for water projects

2011-01-31 09:12:53

Efforts will be intensified to promote water conservation as well as the sustainable use of the precious resource, and the task will be a multi-trillion yuan national priority, a central policy document said.

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