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MOC to sanction concealing of market disorder

2011-12-20 09:49:20

China issued management measures to sanction local commerce authorities who conceal any market disorder, the Ministry of Commerce (MOC) announced on Monday.

Analysts play down impact on trade, tourism

2011-12-20 09:49:13

The sudden death of Kim Jong-il will have only a short-term impact on trade between China and the Democratic People's Republic of Korea's (DPRK), analysts predicted on Monday.

Manufacturing to stay pivotal

2011-12-20 09:49:13

China will remain dominant in the manufacturing industry in Asia over the next three to five years, according to a report released by accountancy firm Deloitte Touche Tohmatsu Ltd.

Economic growth seen slowing down in 2012

2011-12-20 09:49:13

Investment banks, economists and analysts have pessimistic forecasts for the Chinese economy in 2012.

Students smash canteen over gutter oil

2011-12-20 09:49:13

The principal of a middle school in Guizhou province was suspended after students smashed the school canteen in protest of alleged use of gutter oil, local authorities said on Monday.

Shandong-ASEAN trade volume up 39.6% in 2011

2011-12-20 09:30:14

The value of imports and exports from east China's Shandong province to the Association of Southeast Asian Nations (ASEAN) reached $28.65 billion in the first eleven months of 2011, up 39.6 percent year-on-year.

Hainan opens second duty-free shop

2011-12-20 09:27:26

A second duty-free shop will open in south China's island province of Hainan on Wednesday, marking the full implementation of the region's trial program for duty exemptions, local authorities said Monday.

Steelmakers may still face waning profits

2011-12-20 09:22:56

After a decade of explosive growth, China's steelmakers are now grappling with developmental bottlenecks and decreased profits.

Tax adjustments point to environmental protection

2011-12-19 14:36:11

The adoption of adjusted taxes for vehicles and vessels under a new law is intended to contribute to efforts of energy conservation and emissions reduction in China, a government statement said.

Yuan funds for forex drop for 2nd month

2011-12-19 14:29:11

The People's Bank of China (PBOC), the central bank, announced Monday the country's yuan funds outstanding stemming from foreign exchanges dropped for a second month in November from one month ago.

Centrally administered SOEs profits rise 3.6%

2011-12-19 13:33:59

China's centrally-administered State-owned enterprises (SOEs) reported net profits of 831.79 billion yuan ($131.4 billion) during the first 11 months of 2011, up 3.6 percent year-on-year, the country's SOEs regulator said Monday.

Trade frictions to challenge economic diplomacy

2011-12-19 10:19:49

China's economic diplomacy will face growing challenges in the form of trade and exchange rate disputes, as well as the task of protecting overseas investment interests, over the next few years, experts said on Sunday