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China calls for deeper reform at IFIs

2010-11-12 19:45:06

China on Friday called for further governance reform at international financial institutions (IFI), making them more representative by giving more senior positions to people from the emerging economies.

Chinese firms make 29 overseas M&As in H1

2010-11-12 17:05:40

Chinese enterprises made 29 overseas mergers and acquisitions (M&As) in the first half of 2010, 49 in 2009 and 41 in 2008, according to Accenture, a global management consulting company, China Securities Journal reported Friday.

PV cells will be common for Chinese families in 3 to 5 years

2010-11-12 15:48:11

Jiangsu Zhongneng Polysilicon Technology Development Co Ltd, China's top polysilicon producer, said it has reduced the cost of polysilicon, the main raw material for wafers used in solar and electronics industries, to almost one-quarter of the world's average price.

SOEs donate more than 2b yuan this year

2010-11-12 15:44:00

China's 109 State-owned enterprises (SOEs) made a total of 2.2 billion yuan ($333 million) in charitable donations in the first nine months of this year, people.com.cn reported on Friday.

Local governments launch CPI-related subsidies

2010-11-12 15:25:15

The civil affairs departments of several local governments recently launched temporary subsidies for low-income households, as a measure to relieve pressure brought by soaring food prices.

A kidnapped man's ordeal of 12-yr slave labor

2010-11-12 15:05:20

Twelve years after Yuan Hongping's sudden missing, his family couldn't believe it when police officer said on the phone that he was still alive. Even more unbelievable is what Yuan has went through in those bygone ages, an ordeal of forced slave labor in brick kilns that is packed with brutal abuses.

Expert: China has no inflation problem

2010-11-12 10:43:23

China has no inflation problem because the current commodity prices hike were caused by supply shortage and not by an excessive amount of currency being issued, said Wang Guogang, head of institute of finance and banking at Chinese Academy of Social Sciences.

Hu: China concerned over new US monetary policy

2010-11-11 20:22:08

China is concerned about the quantitative easing policy taken by the United States, Chinese President Hu Jintao said.

Hu: China hopes for progress of Seoul G20

2010-11-11 17:37:00

China hopes for progress of the Seoul G20 summit, which is to convene Thursday night, Chinese President Hu Jintao said.

Hu-Obama meeting reaches major consensus

2010-11-11 17:29:06

Chinese President Hu Jintao and the US President Barack Obama met Thursday afternoon in Seoul ahead of the G20 summit.

Vuvuzela banned at Asian Games

2010-11-11 15:24:23

The infamous vuvuzela, which caused a storm of controversy during the South African World Cup, will be banned from all Asian Games venues, Guangzhou Daily reported on Wednesday.

80% of people lack real friends: survey

2010-11-11 14:36:28

Some 80 percent of people said they have few real friends and 76 percent polled claimed more people tend to make friend for the purpose of personal interest, according to a survey of 2,000 people on minyi.net.cn and sina.com.