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An Internet oligopoly is forming among Chinese Internet enterprises, with Baidu Inc, Tencent Hodingd, Ltd, and Alibaba Holding Group, Ltd, taking up 70 percent of the total market value of all listed Internet companies in China, the Chinese finance website Hexun reported Friday, citing a research report on Internet monopoly released by Chinalabs, a Beijing-based Internet research company, on Thursday.
Buildings that were supposed to bring relief to earthquake victims in Yao'an county, Southwest China's Yunnan province will be demolished and reconstructed as soon as possible, Yunnan Info Daily reported on Friday.
Energy service companies in China will enjoy tax exemptions as of Jan 1 this year, The Ministry of Finance announced on its website on Thursday.
By the end of 2010, 150 government departments of the state’s organs in Beijing had shut down the public bathrooms attached to their office building to save water.
Children who do not have a Beijing hukou, residency permit, will receive free physical examinations throughout 2011, said Mao Yu, deputy director of the Beijing Municipal Health Bureau.
A procurator of The People’s Procuratorate of Hubei told China Youth Daily that from 2001 to 2009, 17 officials from 13 universities in Hubei were found corrupt, and most of the universities were in Wuhan.
A man staged a robbery so he could go to jail to avoid the shame of being in debt, Chaoyang District People's Procuratorate heard, the Beijing Morning Post reported Thursday.
China Development Bank (CDB), one of China's main policy banks, will only recruit major students from Harvard University or the Massachusetts Institute of Technology for its summer intern program.
The battle for hiring migrant workers is a good phenomenon and symbolizes the start of workers' domination in the labor market, according to a commentary by Yu Fenghui for Xinhua News Agency.
Shanghai plans to invest more than 40 billion yuan (about $6.1 billion) to accelerate its development as a "world-famous tourist city" under the municipality's 12th Five-Year Plan (2011-2015).
The capital market played an increasingly important role in mergers and acquisitions (M&As) of China's listed companies in the past five years.
China has a critical shortage of 200,000 pediatricians after 12-years of insufficient training for doctors, the Beijing Times report on Thursday.
