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China becomes second-largest stock market

2010-03-10 17:26:47

As the stock markets recover from the credit crisis, the turnover of stock exchanges in the Asia-Pacific region outstripped their counterparts in Europe, the financial website P5w.net reported, citing foreign media.

China vows to preserve arable land

2010-03-10 17:17:00

China's arable land totaled 1.83 billion mu (122 million hectares) in 2009, close to the bottom line set at 1.8 billion mu, Vice Minister of Agriculture Wei Chaoan said during a group interview on Wednesday on the sidelines of the National People's Congress, chinanews.com.cn reported.

COLI begins taking over Shell Electric

2010-03-10 16:22:13

China Overseas Land & Investment Ltd (COLI), a developer controlled by the country's construction ministry, will begin to take over appliance maker Shell Electric MFG (Holdings) Co on Wednesday, xinmin.com reported.

China 'not suitable' for wind power generation

2010-03-10 16:03:56

A fast expansion in wind power generation projects is not in accordance with China's reality, as sandstorms always go with wind, which would cause serious damage to the wind power equipment, said Miao Wei, vice minister of Industry and Information Technology, on Sunday, the Beijing Times reported.

Securities firms pass margin trading review

2010-03-10 15:40:54

All eleven securities brokerages have passed an expert panel's evaluation for margin trading and short selling, and will be able to apply for a pilot program for the business as soon as next week, China Business News reported today.

Deputy raps SOEs' imparity on taxes and jobs

2010-03-10 14:18:52

China's private entrepreneurs and companies, absorbing an absolute majority of 85 percent of the workforce, have shouldered heavier taxes than State-owned enterprises (SOEs), which employ only 8.2 percent of the workforce.

Wind power factories called 'image projects'

2010-03-10 13:41:57

China's wind power factories are mostly "image projects" built largely for displaying local governments' achievements rather than for use by ordinary people, the Beijing Times reported Wednesday, citing a top government official.

Xia Deren: Internet a good way to stay in touch

2010-03-10 13:37:06

Xia Deren, Secretary of Dalian municipal Party committee had an interview in CCTV talking about the importance of surfing net for his daily work.

Chinese ambassadors in reshuffle

2010-03-10 12:03:44

Chinese President Hu Jintao authorized a series of ambassador reshuffles on Monday, the Xinhua News Agency reported.

New Beijing subway to break ground this year

2010-03-10 11:49:36

The landscape of Beijing looks set to keep sprawling as a new subway line linking the southeast up-and-coming Tongzhou District will add into the capital's labyrinthine underground traffic network this year.

Ministry offers welfare plan for seniors

2010-03-10 11:35:25

The Ministry of Civil Affairs will release this year a national standard of payments for people over 80 years old, department director of social welfare and promotion of charities under the Ministry of Civil Affairs, Wang Zhenyao, said on Tuesday, the Beijing Times reported.

Lt. General leaves door open for aircraft carriers

2010-03-10 11:33:58

Whether China will build aircraft carriers depends on the changes in domestic and international situations, said Li Dianren, lieutenant general and deputy to the National People's Congress, chinanews.com.cn reported Tuesday.