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Executives' salaries 18 times higher than workers'

2010-03-09 22:40:15

The income disparity between top executives and front-line workers has deteriorated since 2006, according to a survey by the All China Federation of Trade Unions (ACFTU), Xinhua reported Tuesday.

China Railway pays $60m for acquisition

2010-03-09 18:01:22

China Railway Group Ltd has wholly acquired China Railway Port Channel Engineering Co, Ltd for 409 million yuan ($60 million) from the latter's parent company, the China Railway Engineering Corporation.

Shuanghui's execs battle investors for benefits

2010-03-09 17:59:17

A dozen institutional investors defeated a proposal by the board of directors of Henan Shuanghui Investment & Development Co Ltd to waive the prior right of assignment, which enables the assignee to purchase shares of 10 companies at prices lower than the current market prices, National Business Daily reported Tuesday.

TNT goes day-definite nationwide in China

2010-03-09 17:17:58

Express delivery service TNT Hoau, a wholly-owned subsidiary of TNT in China, has finished its Day-Definite road distribution network, which promises delivery on a specific date

Property tycoon Ren Zhiqiang tops salary list

2010-03-09 16:32:48

Ren Zhiqiang, chairman of Hua Yuan Real Estate Group, got the highest salary last year among the 258 listed companies that have disclosed their annual reports as of Monday despite the real estate developer‘s poorer performance in 2009, reported China Business News.

Legend confirms buy in BOC International

2010-03-09 16:29:21

Liu Chuanzhi, chairman of Legend Holdings, confirmed that the Chinese conglomerate had purchased equities of Shanghai-based BOC International (China) Ltd, China Business News reported Tuesday.

Google incident does not break WTO rules

2010-03-09 15:50:31

China's regulations on Google are within the confines of its domestic laws and accords with its promises to the WTO and the accusations about China are groundless.Google dispute progress unclear

Expo preparations in final stages

2010-03-09 15:35:05

With just fifty-three days to go, the Shanghai World Expo's pavilions are in their final stage of construction, the China News Agency reported Monday.

Problems remain as China strives for harmony

2010-03-09 15:19:06

China's National People's Congress (NPC), the country's top legislature, said on Tuesday that the Chinese society is generally harmonious, but there are relatively "serious" problems in employment, social security, income distribution, education, medical care, housing, workplace safety and public security.

NPC to tighten watch on govt

2010-03-09 15:14:47

China's National People's Congress (NPC), the country's top legislature, said on Tuesday that it would tighten and improve the supervision over government this year.

Chongqing may pilot town-hall-style meetings

2010-03-09 14:21:25

Southwest China's Chongqing Municipality is expected to put on trial a town-hall-style meeting between its congress candidates and local constituents, said a local official Sunday, as the National People's Congress (NPC), the country's top legislature, started to work on its electoral reform.

Deputy speaks out for farmers despite illness

2010-03-09 13:52:05

Mao Fengmei, party secretary of Dalishu village in Fengcheng, northeast China's Liaoning province, and a deputy to the National People's Congress, has devoted himself to fighting for more benefits for millions of Chinese farmers, and his efforts have not been slowed even by his cancer.