China's railway track should total more than 200,000 kilometers by 2030, in line with the nation's economic goals, and at least 10 percent of it will be for high-speed rail, the former chairman of China's largest rolling stock producer told China Daily.
A weaker yuan crushed the first-half net profits of China's three largest airlines, statements from the carriers show.
The first time the bandits came, Si Su's wife was home alone. She locked herself in the house and managed to scare them off with a warning shot through the front door.
Medical tourism, once the exclusive preserve of the rich, is growing and changing as hospitals and clinics offer far-flung patients advantages hard to come by at home - whether it be high-tech therapy, less-expensive care or alternative treatments.
Among 70 major cities in China, 55 recorded month-on-month price declines for new homes last month, up from 35 in May, the National Bureau of Statistics said in a statement on Friday.
China's biggest cities recorded slower economic expansion in the first half, but many municipal officials are sounding a confident note, saying that structural changes are laying a solid foundation for future growth.
Microsoft Corp's biggest reduction in company history could cost China more than 1,000 jobs, analysts warned on Friday.
Prices of gold are set to surge in the short term, amid heightened concerns over geopolitical stability, following the downing of a Malaysian airliner on Thursday, analysts said on Friday, adding that crude prices may see further fluctuations.
Programs to help create level playing field for domestic, foreign firms
The Xinjiang Uygur autonomous region, China's prime cotton-growing area, plans to pump some 20 billion yuan ($3.2 billion) into its textile industry to create jobs and maintain social stability, local officials in its Beijing representative office said on Friday.
Angel investors are expected to see handsome returns on their investments in China this year, thanks to the favorable policies being enacted by the Chinese government, said a report released by ChinaVenture Group on Friday.
Labor shortage and rising manpower costs on the mainland continue to be major concerns for Hong Kong-based manufacturers in the Pearl River Delta, a leading manufacturing base in China, , a new survey said on Friday.
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