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Guangdong export companies cut 820,000 jobs

2010-02-26 16:27:55

Guangdong's industrial export companies laid off more than 820,000 employees in 2009 due to the global financial crisis, according to data released by the province's statistics bureau cited by xinhuanet.com.

China Mobile to invest $5.86b in Pudong bank

2010-02-26 15:12:09

Shanghai Pudong Development Bank Co, Ltd is to raise about 40 billion yuan ($5.86 billion) from a strategic investor, which is most likely to be China Mobile, the Caijing.com reported today.

10 cities to pilot tri-networks integration

2010-02-26 15:11:50

The list of the first 10 pilot cities for the much-anticipated tri-networks integration has almost been decided and Beijing, the capital, is likely to be left out, sources close to the matter revealed yesterday, the Beijing Times reported today.

Netizens question 1.5% increase in house prices

2010-02-26 12:02:26

The sales price for housing in 70 large and medium-sized Chinese cities increased 1.5 percent year-on-year in 2009, according to National Bureau of Statistics (NBS) yesterday.

9 million mobilized to fight drought

2010-02-26 11:48:23

Nearly nine million people have been mobilized to fight the drought as China continues to suffer from a widespread dry spell, chinanews.com.cn reported yesterday.

10 foreign firms targeted for tax

2010-02-26 11:36:43

The State Administration of Taxation (SAT) has asked ten large foreign enterprises to conduct tax self-examinations and pay any overdue taxes, the China Business News reported today, citing the SAT's circular to provincial tax authorities.

Man died 'drinking hot water' in detention

2010-02-26 11:20:05

Police say a man who was found dead while in custody "died suddenly while drinking hot water", the Chongqing Evening News reported today.

China to introduce surveyed unemployment rate

2010-02-26 10:29:28

China will replace its registered unemployment rate with a surveyed rate in 2011, according to a report released by the Standing Committee of National People’s Congress, the Beijing News reported today.

China's house prices up by 1.5% in 2009: report

2010-02-26 09:19:15

Housing prices in China's 70 major cities increased by 1.5 percent year-on-year in 2009, according to figures released by the National Bureau of Statistics February 25.

Why S Korean short track team disqualified?

2010-02-25 20:57:38

The South Korean women's 3,000m relay short track speed skating team was disqualified minutes after the four skaters enjoyed an honor lap, as the judge ruled an impeding fault when passing and awarded the gold to second finisher China

Changhong accused of financial frauds

2010-02-25 18:12:15

Informants say Sichuan Changhong Electric Co, Ltd has been falsifying its financial reports for more than ten years, and authorities have begun looking into the case, the China Business News reported today.

Toyota to start recalling in China on Feb 28

2010-02-25 17:41:06

Toyota will begin recalling its RAV4 model in several areas in China on Feb 28, China National Radio (CNR) reported Wednesday.