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China's energy development strategy for the 12th Five-Year Plan (2011-2015) will focus on a structural adjustment of its energy resources, China Securities News reported Monday, citing a top official at the National Energy Administration (NEA).
China reiterated its stance on cooling down the nation's property market, and two ministries urged local governments to further fulfill the central government's home prices curbing policies, various Chinese media reported Friday.
China is likely to release an internal trade development plan in late April, the Shanghai Securities News reported Friday, citing Jiang Zengwei, vice-minister of the Ministry of Commerce.
Chinese billionaire Chen Guangbiao will donate 200,000 yuan to earthquake victims in Southwest China’s Yunnan province, Chen told China Daily website in an exclusive interview Thursday.
China is unlikely to levy individual income tax on a family basis, but raising the tax threshold on salaries looks certain, 21st Century Business Herald reported Thursday.
China's central State-owned enterprises (SOEs) were estimated to turn over about 63 billion yuan ($9.37 billion) as capital income to the nation, the China Securities Journal reported Thursday.
The Chinese mainland almost doubled its number of billionaires from last year's 64 to 115 on Forbes' annual list of the world's richest people. The list was released Wednesday in New York.
China's strategic oil reserve capacity is enough for one month's use, and the storage proportion of crude oil to product oil is 3:1, according to Wang Qingyun, director of the State Bureau of Material Reserve, the National Business Daily (NBD) reported Wednesday.
China will invest about 1.3 trillion yuan ($197.9 billion) this year on building or renovating 10 million affordable apartments, people.com.cn reported Wednesday, citing Qi Ji, vice-minister of Housing and Urban-Rural Development.
Gome Electrical Appliance Holdings Ltd is likely to appoint Zhang Dazhong as the new chairman of the board, sina.com reported Wednesday, citing sources close to the matter.
Dai Xianglong, chairman of China's National Council for Social Security Funds, said the asset of funds may reach 1 trillion yuan ($148.70 billion) by the end of this year. And it could hit 1.5 trillion yuan by 2015, Shanghai Securities News reported Wednesday.
Officials whose rank is lower than minister or governor will not be given special cars, according to new rules to be issued to public departments.
