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Chinese see fast income growth in Jan-June

2011-08-03 17:36:45

The urban and rural income growths of 31 Chinese provinces exceeded that of the consumer price index (CPI), a main gauge of inflation, and 29 of these exceeded 10 percent in the first half of this year.

Cars sales could decline under new policy

2011-08-03 16:51:23

Car sales in China may drop due to a government proposal to amend purchase subsidies on small engine cars, Economic Information Daily reported Wednesday.

More fledgling Chinese firms seek to list

2011-08-03 15:06:42

In the first half of 2011, 339 enterprises listed in 13 overseas and three domestic markets. Of these, 207 companies were Chinese companies, who raised $35 billion in total.

Dogs ban raises concerns in S China city

2011-08-02 18:16:16

Dogs will be prohibited in urban public places and illegally raised dogs will be confiscated or hunted in Jiangmen city beginning August 26, according to the city government of South China's Guangdong province.

China suspends RMB loans from foreign banks

2011-08-02 17:37:18

Domestic businesses in China have been barred from borrowing RMB from foreign banks in the latest move to tighten monetary policy, Shanghai Securities News reported Tuesday.

Dairy products license tightened

2011-08-02 16:03:59

All merchants and companies in China who have not been licensed to sell dairy products can no longer sell infant formula and dairy drinks such as "AD calcium milk" and "Nutrition Express" starting from Aug 1.

Chinese airlines hike fuel surcharge to record high

2011-08-02 15:26:48

A number of Chinese airlines have raised the fuel surcharge on domestic flights to an historic high despite a drop in international oil prices, China Business News (CBN) reported Tuesday.

City's new terminal drenched after rains

2011-08-02 15:02:32

A rainstorm that hit Changsha, Hunan, has brought into doubt the construction quality of the city's newly-opened airport terminal as photos of flooded floors appeared online.

Plan to replace road signs denied

2011-08-01 22:21:09

Urban administration officials in Nanjing said the notion that the the city plans to spend nearly 100 million yuan ($15.54 million) to replace all of its road signs is a misunderstanding.

Student sends teacher SMS threat for higher grade

2011-08-01 18:14:04

A teacher in a key university has contacted police after receiving threatening text messages from a student demanding higher grades, China Youth Daily reported Monday.

China's cargo throughput grows slower in H1

2011-08-01 17:39:23

China's shipping market was not growing as fast as expected in the first half of the year, but most port enterprises could still make a profit compared with those shipping companies.

Guangxi faces most severe power shortage

2011-08-01 16:54:58

Guangxi is facing a serious electricity crunch this year which has arrived much earlier than expected, according to an interview with one of the province’s top utility providers.