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China / Economy

Food imports increase 11.2% in 2013

[2014-02-28 20:35]

China imported more than $46 billion of food in 2013, which was 11.2 percent more than the previous year, said the General Administration of Quality Supervision, Inspection and Quarantine on Friday.

China rejects another 286,000 tons of US corn

[2014-02-28 19:14]

China's quarantine authorities rejected another 286,000 metric tons of US corn imports in January and February for contamination with the unapproved genetically modified MIR 162 strain, a spokesman for the country's quality watchdog said on Friday.

Alibaba to ride mobile tide in e-commerce

[2014-02-28 19:13]

Mobile business is the next focal point for China's e-commerce giant Alibaba Group, the company's chairman Jack Ma said in a letter to employees on Friday.

Food trader buys majority share in Nidera

[2014-02-28 19:13]

China National Cereals, Oils and Foodstuffs Corp, the country's largest food trader, has agreed to buy a 51 percent stake of Rotterdam-based grain trader Nidera to further expand China's grain supply channel in South America.

Hi-tech park attracts major investments in Chengdu

[2014-02-28 16:59]

Chengdu Hi-tech Industrial Development Zone (Chengdu Hi-tech Zone) and Singapore-Sichuan Hi-tech Innovation Park (SSCIP) on Feb 27 signed official cooperation agreements with five partners.

China to ease transition pains with reform dividends

[2014-02-28 10:33]

Whether or not China can sustain its unprecedented "growth miracle" after decades of rapid economic expansion is a question that has grabbed world attention.

Urbanization slows, raising challenges

[2014-02-28 09:58]

As China pins its hopes for boosting consumer demand on growth in the number of urban residents, an ominous sign looms large: The pace of urbanization in the world's most populous country is slowing.

Chinese companies expect more overseas contracts

[2014-02-28 03:19]

The value of China's overseas contracted engineering projects will rise about 15 percent in 2014, forecast the China International Contractors Association (CICA) on Thursday.

Chinese contractors seeing big success

[2014-02-27 22:40]

Chinese overseas contractors were actively seeking new customers in less-touched markets, especially in Europe and Latin America, as total revenues surged by 17.6 percent in 2013 compared with a year ago, a national trade organization said on Thursday.

Ministry urges local backing of family farm

[2014-02-27 20:37]

In order to avoid the loss of farm labor to urbanization, the Ministry of Agriculture called on local agriculture authorities to draw up regulations and support policy to back the development of family farms in China.

Alibaba invests $8m in Hainan tourism zone

[2014-02-27 20:08]

Alibaba Group Holding Ltd, China's e-commerce giant, signed an agreement with the Hainan provincial government on Thursday to invest 5 billion yuan ($816 million) in the Hainan International Tourism Island Pilot Zone.

Tibet's GDP up 12%, topping national average

[2014-02-27 20:07]

Tibet witnessed stable economic development last year, the region's statistics bureau said on Thursday.

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