Surplus workers in rural areas will be 'zero' this year

Labor | Zheng Yangpeng

Conundrums in the residential market

The price of urban residential housing continued to rise in April despite the central government's increasingly harsh price control measures and the supply of subsidized housing for low-income households.

Microblog insights

Topic 1: Average new home prices in 70 Chinese cities rose month-on-month by 0.95 percent, 0.14 of a percentage point lower than March's rise, the National Bureau of Statistics said on May 18. Guangzhou saw the biggest month-on-month price rise of 2.1 percent but the rise was lower than March's 2.5 percent growth.

Historical attraction

Shanghai's Nanjing Road has a colorful history that belies the banal shopping centers and office towers that line it today. The Iraqi-Jewish businessman Silas Aaron Hardoon, one of the most influential foreigners in early 20th-century Shanghai and among the richest men in Asia at the time, made a considerable part of his fortune investing in real estate along the street known as "the Fifth Avenue of Shanghai."

Leaders in luxury travel meet in Shanghai

The International Luxury Travel Market Asia 2013 will be held at the Shanghai Exhibition Center from June 3 to 6.

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Beijing

Who's who

Tech has key role in boosting imports

A leading Ministry of Commerce official said on Thursday that China should develop its import market by introducing advanced technology for local enterprises in order to balance the nation's import and export volume and upgrade its trading structure.

Yuan appreciation burdens exporters

The recent appreciation of the renminbi has had a major impact on Chinese exporters, especially those targeting the Japanese market, Ministry of Commerce spokesman Shen Danyang told a news briefing on Thursday.

China reports five consecutive months of net forex purchases

China witnessed a fifth straight month of net foreign exchange purchases among the central bank and commercial lenders, indicating accelerated capital inflows into the country.

Wealth fund head to become chairman of CICC

Jin Liqun, chairman of the supervisory board of China Investment Corp - the country's sovereign wealth fund - will step down on Friday to assume the position of chairman of China International Capital Corp on Monday, Jin told China Daily on Thursday.

Starting with the urban-rural divide

While urbanization has been one of the key batons conducting the new leadership orchestra, there are divided views on the measurements of its scale and effect.