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Date:2012/01/20
China may include solar products in a home appliance subsidy scheme for rural buyers in a bid to boost domestic consumption and the green industry, a local newspaper reported Thursday.
The government is mulling subsidizing farmers' purcha...
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Date:2012/01/18
The Chinese currency Renminbi, or the yuan, advanced 45 basis points to 6.3205 against the U.S. dollar on Wednesday, according to the China Foreign Exchange Trading System.
In China's foreign exchange spot market, the yuan is allowed to rise or...
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Date:2012/01/20
China and Qatar aim at more comprehensive cooperations, including in the field of investment, visiting Chinese Premier Wen Jiabao told a press conference here on Wednesday.
Among a series of cooperative agreements reached here Wednesday between the ...
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Date:2012/01/18
Chinese shares closed mixed for the morning break Wednesday, with the benchmark Shanghai Composite Index down 0.33 percent to close at 2,290.81.
The Shenzhen Component Index gained 0.14 percent to finish at 9,276.62.
Source: Xinhua
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Date:2012/01/19
Domestic steel market participants have not received the “good start” after the Three-Day New Year Holiday, which had been waited for during a long time. Recently, near the lunar New Year Holiday, Chinese spot steel markets run with depressed...
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Date:2012/01/18
US stocks opened higher on Tuesday as better-than-expected China GDP growth in the fourth quarter brightened up to a certain degree the downgrades of several European countries' credit ratings by Standard & Poor's on Friday.
China'...
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Date:2012/01/19
The Chinese currency Renminbi, or the yuan, advanced 32 basis points to 6.3173 against the U.S. dollar on Thursday, according to the China Foreign Exchange Trading System.
In China's foreign exchange spot market, the yuan is allowed to rise or ...
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Date:2012/01/18
The economy, buffeted by weaker export demand and cooling real estate investment, grew at its slowest pace in more than two years, according to the National Bureau of Statistics (NBS).
Analysts predict that the latest figures may prompt the governme...
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Date:2012/01/19
China's non-financial outbound direct investment (ODI) rose 1.8 percent year-on-year to $60.07 billion in 2011, the Ministry of Commerce (MOC) said Wednesday.
The figure brings China's total non-financial ODI to $322 billion as of the end ...
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Date:2012/01/18
Although China's economic expansion has made many people rich, soaring inflation and a poor stock market have chipped away at the savings and confidence of the nation's investors.
After booking heavy losses and walking away with less than ...
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Date:2012/01/19
China's latest revised submission on joining the Government Procurement Agreement (GPA) is "clearly better" than the previous one, an EU commissioner told reporters on Wednesday.
Michel Barnier, European Commissioner for Internal Market and Ser...
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Date:2012/01/18
Chinese Premier Wen Jiabao on Monday addressed the 5th World Future Energy Summit in Abu Dhabi and reaffirmed China's stand on clean and renewable energy.
His speech showcased China's unremitting support for new energy and unwavering deter...
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Date:2012/01/18
China launched its first iron ore spot trading platform on Monday, a move meant to help the nation - the world's largest user and importer of the commodity - gain more influence in global pricing.
The China Beijing International Mining Exchange...
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Date:2012/01/17
China's retail sales rose 18.1 percent year on year in December 2011, accelerating from the 17.3 percent growth in November, the National Bureau of Statistics (NBS) said Tuesday.
Retails sales in 2011 increased 17.1 percent year on year, slower...
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Date:2012/01/16
Chinese shipbuilders in 2011 finished building more ships year-on-year, but the global economic slowdown halved their orders, according to data released by the Ministry of Industry and Information Technology (MIIT) on Friday.
China's shipbuildi...
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Date:2012/01/17
China, along with other emerging countries, has been a role model in the UN's campaign for promoting sustainable energy and providing energy for all, UN General Secretary Ban Ki-moon said Monday at the ongoing World Future Energy Summit (WFES) i...
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Date:2012/01/16
According to the report compiled by CISA recently, the domestic steel market may continue fluctuating at comparatively bland levels in January of 2012 given to the inactive official industrial data on all sides.
As the economic growth slowdow...
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Date:2012/01/12
Local governments have formed a consensus on China's overall plan to control total energy consumption, the nation's energy chief said on Wednesday.
After some revisions, the plan will be submitted to the State Council, or China's Cabi...
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Date:2012/01/17
The trade between China and the United Arab Emirates (UAE) grew steadily in the past decade and is expected to reach $35 billion in 2011 despite the global economic downturn, thus placing the UAE as the second largest trading partner of China in the ...
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Date:2012/01/13
The Chinese currency Renminbi, or the yuan, gained 29 basis points to 6.3201 against the U.S. dollar on Friday, according to the China Foreign Exchange Trading System.
In China's foreign exchange spot market, the yuan is allowed to rise or fall...