2009: Aluminum powder exploded in an abandoned factory that was being rented out as temporary housing in Danyang, Jiangsu province. Eleven people died and 20 were injured.
When I arrived at a hospital that had received dozens of the wounded from Saturday's explosion at an auto parts factory in Kunshan, Jiangsu province, what popped out at me immediately was a man waving a banner at hundreds of onlookers.
The explosion in a Kunshan auto parts factory, along with a string of similar cases in China, revealed safety loopholes in some high-risk sectors, as well as gaps in the protection of workers' rights and occupational safety.
The Chinese economy may have touched bottom last month as manufacturing activity reached a nearly two-year high, suggesting that government support policies are having the desired impact.
The International Monetary Fund said on Friday that China should set an economic growth target of 6.5 percent to 7 percent for 2015. Chinese economists said the IMF's prediction sounds too "pessimistic" and most think a growth rate above 7 percent would be reasonable for next year.
The recent strong performance of the A-share market along with the falling returns of certain online fund products may affect some people's wealth management plans, analysts said.
The government on Friday approved a revamp of the ownership structure of China Everbright Group as the country deepens the reform of State-owned enterprises.
US-based fast food giant McDonald's Holdings Co has increased sourcing from food suppliers in China to satisfy the demand for meat by its 2,000 restaurants in the country.
Easing of many cities' purchase curbs fails to halt ongoing decline in market
The worry of overseas technology companies that the State-owned enterprises may favor local vendors is gradually becoming a reality after a number of US IT firms were subject to monopoly investigations or security criticisms in China.
Falls in the prices of iron ore and coal helped Chinese steelmakers to gain better profits for the first half even though the domestic industry still faces a serious overcapacity problem, experts said on Friday.
China's steel industry had 12 trade friction cases in the first half of 2014 involving 2 million metric tons of products, which will affect the country's exports for the whole year, said experts on Friday.
|
|
|
|
|
|
|
|
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
