 Crystal clear
Many traditional customers believe that luxury means big-logo watches, handbags or garments that can be worn every day to show off wealth and status. |
Individual housing loans tightened nationwide
Many commercial banks recently tightened individual housing loans by suspending second-hand home mortgage loans and stopping home equity loans. |
Consumption outpaces GDP in major YRD cities
16 major cities on the Yangtze River Delta, the economic engine of East China, saw their consumption growth exceed their GDP growth in the first half. |
Fosun says its annual output may catch Baosteel's
Fosun, one of China's largest private firms, said the combined annual crude steel output of its local holdings will close to that of the country's largest steelmaker. |
Boss arrested over death of 15-year-old labourer
Chinese police have arrested the boss of a construction company for illegally hiring a 15-year-old student who was killed at work. |
Hangzhou replough ancient octagon farmland
An overview of farmlands in the shape of an octagon in the city of Hangzhou, East China's Zhejiang Province, August 12, 2007. The design is a symbol of Taoism, and the field was first built in the Southern Song Dynasty (1127-1279AD) for emperors to work and show their recognition to the importance of agriculture. Xinhua] |
No let-up in foreign money in real estate
Over a year has passed since six ministers jointly released Circular 171 last July to rein in foreign investment in China's sizzling property sector. |
Trademark body sued in latest Wahaha-Danone twist
The legal wrangle between Danone and Wahaha has spread beyond the two companies to the nation's trademark authority. |
Property prices in major cities up 8.2% in August
Property prices in China's 70 large and medium-sized cities rose 8.2 percent year-on-year in August, the fastest monthly increase this year. |
Self-developed 'bullet' train to debut by year-end
China's first self-designed and self-manufactured passenger train with a designed speed of 300 km per hour will roll off the production line by year-end. |
Subways 'require careful thought'
A senior construction official urged cities building subways to be more careful and those planning subways not to rush. |
Alibaba.com wins HK IPO approval
Alibaba.com, China's largest e-commerce company, has won approval from the Hong Kong Stock Exchange for a long-anticipated IPO expected to be worth roughly US$1 billion, sources familiar with the deal said. |
Alibaba may raise HK$10b
Alibaba.com Ltd, operator of the mainland's largest trading website for companies, and its parent may raise as much as HK$10.3 billion in a Hong Kong initial public offering. |
HK products to be showcased
The Hong Kong Trade Development Council (TDC) will showcase a vast range of products from 30 Hong Kong companies at the Import Section of the 102nd Canton Fair. |
Traffic policy needs to encourage car pools
Specific measures such as having separate car pool lanes on highways need to be taken to encourage car pooling. |
BRT helps to ease traffic woes
Beijing is working on another two BRT (bus rapid transit) lines after the first line was put into operation last year, in a bid to extend the city's BRT lines to 60 km before the opening of the 2008 Olympics. |
Chinese companies at a glance
Clean chromium production |
Beauty in biomass
Thornton Group Asia took its first Chinese business steps in infrastructure. Now the strategic investment and advisory company has taken strides in the field of renewable energy. |
Novel transportation idea tainted by legal gray area
A local court in East China's Zhejiang Province has fined a man 20,000 yuan ($2,300) for taking 6 yuan from a passenger who got a lift in his car. |
Tropical storm Krosa affects 5M in E. China
Tropical storm Krosa has affected more than 5 million people in east China's Zhejiang Province after it drenched the Chinese mainland's southeast coast. |
