With global crude prices having plunged below $50 per barrel as the year began, domestic retail fuel prices are scheduled to be cut again on Monday, energy consultancies have forecast.
The growing appetite for high-quality products and the convenience of purchasing goods online are expected to generate a huge demand for imported food products, as Chinese shoppers start stocking up ahead of the upcoming Spring Festival, also known as the Lunar New Year.
Billionaire Jack Ma apologized for calling Chinese e-commerce rival JD.com Inc a "tragedy", saying he was sorry for causing the company trouble by "putting it all out there".
Increasing demand in China for Apple Inc's latest flagship devices, the iPhone 6 and iPhone 6 Plus, has spurred consumers there to buy more of the devices than their American counterparts for the first time, data from Switzerland-based financial services company UBS AG showed.
China's Industrial Bank has been selected from 16 commercial banks in a competitive bidding launched by the Ministry of Finance to collect non-tax income on behalf of the central government.
The year 2014, which marked both the 100th anniversary of World War I and the 25th anniversary of the fall of the Berlin Wall, saw some notable changes in global affairs.
AS GLOBAL DAIRY PRODUCT prices fall, dairy farmers in the greater Beijing region are finding it hard to sell their products; reports show they discard tons of milk every day. Comments:
THE APPEAL COURT has upheld the decision against Lin Senhao from Fudan University, who received the death sentence last year for murdering his roommate with poison in April 2013. Comments:
For all its barbaric nature and ruthless manner, the horrific massacre at the office of Charlie Hebdo in Paris was an act of cowardice that must be condemned by people of all cultures and beliefs.
When technology advances create competitors for a monopoly, the authorities should not only regulate the newcomers, but more importantly take the opportunity to end the monopoly that has fattened a few.
The opening of the China-CELAC Forum (CELAC is the abbreviation of Community of Latin America and Caribbean States) in Beijing follows the intense activity the two sides have had over the past years.
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