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French city to honor Chairman Mao with statue

2010-08-19 11:45:40

The city of Montpellier in the south of France is planning to build 10 bronze statues in honor of the "great men of the 20th century," and Chairman Mao Zedong, who declared the founding of New China, is among the 10, China News Agency reported Wednesday.

Foxconn rallies to end suicides by workers

2010-08-19 11:07:20

More than 20,000 employees at Foxconn's Shenzhen factory joined a spontaneous rally yesterday under the banner “Love Life, Love Family,”the Guangzhou Daily reported on August 19, 2010.

Areas hit by drought to expand in China

2010-08-18 21:52:29

China warns that the drought-hit areas may expand to affect more people and agriculture in some regions, although mudslide caused by heavy rain plagues Southwest China.

16 firms combine to develop China's electric cars

2010-08-18 18:04:09

China's 16 centrally-managed State-owned Enterprises (SOEs) will form an association Wednesday, aimed at developing China's own electric cars, the Shanghai Securities News reported Wednesday.

Yangzhou underwriters enter Jiangsu underwriting system

2010-08-18 18:03:26

Yangzhou city in East China's Jiangsu province registered 10 underwriting companies this year, and 9 of them were added into the provincial underwriting system, said a city official on Wednesday.

Embedded ads to be regulated

2010-08-18 17:31:16

The State Administration of Industry and Commerce (SAIC) announced on Tuesday that embedded advertising in TV programs is likely to be regulated in Advertisements Law in China, the Beijing News reported.

No 500-yuan banknote issued

2010-08-18 16:44:01

No new bank notes with a face value of 500 yuan has been issued, nor is there a plan of issuing such a note on the agenda in China, the central bank, People’s Bank of China announced,the People Daily Overseas Version reported on Aug 18.

74% of young feel incompetent to tend the old

2010-08-18 16:38:08

As more post-1980s people are setting up families, most young couples are beginning to face the difficulty of tending to their aged parents, revealed according to a survey conducted by the Social Investigation Center of China Youth Daily.

Ansteel returns to profit in H1

2010-08-18 16:30:31

Angang Steel Co Ltd (Ansteel), the listed unit of Anshan Iron and Steel Group, returned to profits in the first half of this year with net profit surging 275.94 percent year-on-year to 2.75 billion yuan ($405.04 million).

Yunnan Copper posts profits rise

2010-08-18 16:18:25

China's Yunnan Copper said its net profit in the first half of this year rose 249 percent year on year to 188 million yuan ($27.69 million) because prices of nonferrous metal surged over the period.

Renren refutes reports of profit decline

2010-08-18 15:08:39

A senior executive of China's top social networking site (SNS) renren.com on Wednesday refuted media reports that the company's operating revenue declined for the first time in July.

National crackdown on gangs under way

2010-08-18 14:54:02

China's ministry of public security is waging a national campaign against Mafia-style gangs, involving 52 serious cases in 22 provincial level regions, people.com.cn reported Tuesday.