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Morgan Stanley has reached an agreement with China International Capital Corp (CICC) to sell its 34.3 percent stake, CICC Chairman Li Jiange said, but refused to identify the buyer or the details, the Beijing News reported on Friday.
Chen Liguo, general manager of Sinopec Jiangxi Oil Products Co, suggested in a motion to the National People's Congress shortening the interval between oil price adjustments.
China overtook Japan as the world's second-largest producer of manufacturing output, trailing behind only the United States, says a report released in Vienna on Wednesday by the United Nations Industrial Development Organization (UNIDO).
China's largest bank ICBC said on Friday it has no fundraising plan in the short term as its capital adequacy ratio is still higher than most of its peers and faces no pressure to raise new capital.
The top executive of China Unicom said today that the company hopes the sale price of iPhone will be cheaper in China.
The Beijing municipal government will take heed over future garbage burners' site selections after residents expressed environmental concerns, Huang Yan, director of Beijing's Municipal Committee of Urban Planning, said on the sidelines of a national congress Friday.
On March 3, China Daily and China CYTS Tours Holding Co., Ltd. signed a strategic partnership agreement in Beijing, announcing that they will cooperate on external publicity and promotion for Chinese tourism, culture, business travel management and conference activities.
A statistical working conference on the property prices in 10 Chinese cities, including Beijing, Tianjin and Shenyang, will be held in the Beijing Friday afternoon, said Ma Jiantang, chief of the National Bureau of Statistics.
China will raise the pension for enterprise retirees by 10% in 2010, Premier Wen Jiabao said in his government report.
Shi Yongxin, the abbot of China's famous Shaolin Temple, reiterated Friday on the sidelines of a national congress in Beijing that his temple will not be listed in the stock market.
China will continue to take an active part in the process of international system reform and safeguard the interests of developing countries in major multilateral forums, including the G20 Financial Summit, China's Premier Wen Jiabao said today in his annual government report.
The Chinese government will subsidize 63.2 billion yuan - 8.1 billion more than last year - to build 3 million economically affordable houses and rebuild 280 million houses in 2010, according to the government report delivered by Premier Wen this morning.
