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Oil company on way to halting leak

2011-12-21 08:54:15

China National Offshore Oil Corp Ltd (CNOOC) said it will finish on Wednesday the depressurization work needed to stop an underwater gas pipeline in the South China Sea from leaking.

Li calls for green drive to improve economy

2011-12-21 07:14:24

A balance between development and the environment is essential, Vice-Premier Li Keqiang said Tuesday.

Wen reiterates confidence amid economic gloom

2011-12-21 06:50:48

Premier Wen Jiabao has called for the country to maintain confidence that it can weather challenges amid a tough outlook of economic development.

Mainland companies invest $175m in Taiwan

2011-12-21 06:37:34

Companies from the Chinese mainland have invested 174.6 million US dollars into about 200 projects in Taiwan since the island allowed mainland investments on June 30, 2009.

China builds border economic zone with Myanmar

2011-12-21 06:22:54

The construction of the China-Myanmar border economic zone was launched in a border county in Southwest China's Yunnan province on Tuesday.

Toy orders plunge amid Western downturn

2011-12-20 21:02:08

Most of the toy businesses in southern China's export-oriented city of Shenzhen have seen 20-30-percent drops in overseas orders this year due to the economic downturns in Europe and the United States, a local industry group official said Tuesday.

Economic zone attracts 20% world top companies

2011-12-20 19:25:41

Tianjin Binhai New Area (TBNA), a major economic development zone in the port city of Tianjin, has attracted more than 100 of the World Top 500 companies, local authorities said Tuesday.

E-commerce giant launches reward points platform

2011-12-20 18:44:27

Jifen Bao, a reward points service based in Nanjing, will enable clients to redeem points to make small purchases on Alibaba's e-commerce subsidiaries, such as Taobao, and to pay utility bills, company officials said Tuesday.

Property sales see declines in East China

2011-12-20 17:56:19

Commercial property sales in booming Zhejiang province has seen further declines as the property sector continues to cool off with no signs of immediate loosening of tightening measures.

Profits of China's SOEs up 13.7% in Jan-Nov

2011-12-20 16:53:31

The combined profits of China's SOEs and state-holdings companies rose 13.7 percent year-on-year to 2t yuan in the first 11 months of the year.

China to work its way through world economic downturn

2011-12-20 14:55:14

As some people were debating whether China was heading for a hard landing or a soft landing in the coming year, Maurice Greenberg, the legendary former CEO of AIG showed his confidence in the world's second largest economy.

Tmall: Attackers are illegal traders

2011-12-20 07:24:09

Taobao.com, China's largest online trade platform, has accused those protesting the platform of being illegal merchandisers that had been punished by it.