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Ping An Property & Casualty Insurance Co Ltd has received approval from the China Insurance Regulatory Commission to boost its registered capital from 6 billion yuan ($885.87 million) to 12 billion yuan to fuel its business development and improve solvency capacity.
PetroChina Co, the country's largest oil producer, will open 119 projects to private investment, involving oil exploration, refining, and sales, Beijing Times reported, saying the total investment of the 119 projects would amount to nearly 600 billion yuan ($88.5 billion).
Newlyweds spend nearly 150,000 yuan ($22,000) on their wedding in Shanghai, with 62 percent having their parents bear some of the cost, according to a recent survey.
China plans to launch 14 meteorological satellites over the next year, said an official with the National Satellite Meteorological Center (NSMC), People's Daily reported Sunday. The satellite FY-3B is scheduled to launch at the end of this year and FY-4 is scheduled to launch in 2015.
Super stars of sports and art littered an opening ceremony for a summer camp where 100 AIDS-orphaned children would kick off a five-day tour from the Bird's Nest in Beijing on Sunday.
Experts attending an international forum called for China to set the goal of eliminating the social group of migrant workers in the new 12th Five-Year Plan.
Chinese police arrested 11 suspects and rescued two women after busting a human trafficking ring in Xing County, North China's Shanxi province, Xinhua reported.
China urged the United States and South Korea to consider its concerns as media reports said a US aircraft carrier will participate in the upcoming joint drills with South Korea in the Yellow Sea, Xinhua reported on Saturday.
For my Pakistani friends, Lahore is a city for living because “people will take to the streets to celebrate a cricket win,” while in other cities like Karachi people are too busy working.
China's Nasdaq-style ChiNext board has fostered more than 250 multi-millionaires whose assets total more than 100 million yuan as of Thursday, just nine months after the board's debut on the Shenzhen Stock Exchange, the Shanghai Securities News reported Friday.
“Safety is a state of mind, and accident is an absence of mind.” Visitors to the Pakistan Aeronautical Complex (PAC), about 75 km northwest of Islamabad, will not find this slogan difficult in this heavily-guarded aviation engineering base.
China is now one of the world's five most attractive mobile payments (m-payment) markets, though competition here is high, according to a report recently released by Arthur D Little (ADL), a global management consulting firm.
