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Many Chinese people live underinsured or without insurance. That means China's life insurance sector will continue to grow, Peter A Smyth, regional managing director of MetLife Asia Pacific, told chinadaily.com.cn.
The total value of 1,409 listed companies' inventories climbed 35.4 percent in 2010 to 2.6 trillion yuan ($396 billion), after removing banking and finance companies' non-comparable factors, China Securities News reported Thursday.
Some bank outlets in Shanghai have suspended mortgage loans to home buyers, the China Securities Journal reported Thursday.
Copies of invoices exposed online show that 1.68 million yuan ($0.25 million) had been spent on luxury wines in one week in 2010 by a branch company of Sinopec Group in Guangdong province, and 93.8 percent of netizens surveyed on sina.com.cn believe that the alcohol was for personal use at public expense.
China called for immediate ceasefire in Libya to prevent the country from falling into more serious humanitarian disasters, Chinese President Hu Jintao told visiting South African President Jacob Zuma on Wednesday.
Chinese snooker ace Ding Junhui has been fined £2,000 ($3,255.70) for not reporting his illness to organizers in a match that he lost 0-4 to his Chinese counterpart Liang Wenbo in Germany last year.
The victims of the devastating 7.1 magnitude earthquake that struck Yushu in Northwest China's Qinghai province will be honored with three minutes’ silence, chinanews.com reported.
The World in Guangzhou ranked first on the list of China's top ten luxury homes in 2011 released Tuesday, the Beijing times reported.
China Unicom launched another promotion campaign for iPhone 4 starting April 14, the Guangzhou Daily reported Wednesday.
A raft of new customer-friendly schemes is to be introduced including printing passengers names on tickets to help combat the scourge of the scalpers.
Expectant mothers from the Chinese mainland will no longer be able to give birth in public hospitals in Hong Kong, the xinmin.cn reported yesterday.
China may raise its poverty line from an annual per capita income of 1,196 yuan to 1,500 yuan, the China Business News reported Tuesday.
