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Date:2011/12/02
China will resume the operation of all 54 bullet trains previously recalled over safety concerns starting from Dec 12, the Ministry of Railways (MOR) said Thursday.
A new operation schedule for the Beijing-Shanghai high-speed railway, on ...
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Date:2011/11/29
The preparation for RMB Qualified Foreign Institutional Investors (RQFII) scheme has sped up following the slowdown of hot money inflow in October, said sources with the China Securities Regulatory Commission(CSRC).
Relevant government departments, ...
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Date:2011/12/01
According to the data released by MOFCOM recently, Chinese domestic steel price decreased by 0.5% last week as compared to prior week. Looking at the price trend in last week concretely, the price for HR strip steel with specification of 145*...
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Date:2011/12/02
"Cut the price from 2 million yuan ($315,000) to 1.95 million yuan!" Huang Zhen told an agent at Homelink Real Estate Agency Co Ltd, with a tone of frustration.
It was the third time that Huang, 35, had cut the price in the past few months. "B...
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Date:2011/11/29
The rapidly deteriorating crisis in the eurozone has worsened the global economic outlook and decisive policies are urgently needed to stop the contagion of sovereign debt turbulence spreading, the Organization for Economic Cooperation and Developmen...
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Date:2011/11/30
Chinese shares opened lower on Wednesday, with the benchmark Shanghai Composite Index opened at 2,406.33, down 0.25 percent.
Then Shenzhen Component Index opened at 9,991.95, down 0.21 percent.
Source: Xinhua
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Date:2011/12/02
Authorities have turned down at least 10 billion yuan ($1.57 billion) in investment because it could harm the environment in a new development zone beside Bohai Bay, a senior official said on Thursday.
Experts and officials have voiced concern...
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Date:2011/11/29
Scotland and China can deepen cooperation in new energy technologies, especially offshore wind power, Scotland's First Minister Alex Salmond said.
"China already has strong onshore wind power technologies, and we can now cooperate on offs...
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Date:2011/11/30
Vice Premier Zhang Dejiang will this coming Friday attend the launching ceremony of a trans-national free trade center on the border of China and Kazakhstan in Horgos of northwest China's Xinjiang Uygur autonomous region.
Foreign Ministry spoke...
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Date:2011/12/02
Fresh PMI data confirmed slowdown in the world's second-largest economy, fueling speculation that Chinese policy makers may shift more focus to steering the economy through hard times.
Purchasing Managers' Index (PMI), a preliminary indica...
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Date:2011/11/29
According to the data released by CISA (China Iron and Steel Association), Chinese registered steelmakers contributed a daily crude steel output of 1.484 million metric tons in middle November, unchanged from early November. Meanwhile, Chines...
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Date:2011/11/30
Pressed by the difficult market conditions, China plans to enhance the competitiveness of its shipbuilding industry by developing a handful of major players, said Guo Yanyan, a senior official at the Ministry of Industry and Information Technology (M...
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Date:2011/11/28
The Chinese currency Renminbi, or the yuan, weakened 31 basis points to 6.3585 against the U.S. dollar Monday, according to the China Foreign Exchange Trading System.
In China's foreign exchange spot market, the yuan is allowed to rise or fall ...
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Date:2011/11/28
After China has met its target of starting construction on 10 million affordable housing units this year, more emphasis should be laid on construction quality and fair distribution, Vice-Premier Li Keqiang said.
All construction materials used in af...
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Date:2011/11/25
Chinese mining companies will continue to increase both purchases and investment in the overseas resources market in 2012, even though costs and challenges in the industry are rising, said experts.
"China has continued to gain strong influence in th...
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Date:2011/11/28
The downcast sentiment in China's shipping market will persist for a long period of time, due to growing uncertainties worldwide, a transportation official has said.
Despite a brief upturn after the financial crisis in 2008, China's ...
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Date:2011/11/24
The Chinese currency Renminbi, or the yuan, lost 72 basis points to 6.3570 against the U.S. dollar Thursday, according to the China Foreign Exchange Trading System.
In China's foreign exchange spot market, the yuan is allowed to rise or fall by ...
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Date:2011/11/28
China's economy is expected to grow 8.5 percent in 2012, a slower pace than this year, an official from a government think tank said on Friday.
Lu Zhongyuan, deputy director of the Development Research Center (DRC) of the State Council, or Chin...
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Date:2011/11/24
According to the data released by The Ministry of Commerce of the People's Republic of China recently, China's domestic coke price declined by 0.1% last week (ended on November 20) compared to prior week and by 2.9% vs middle October. Meanw...
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Date:2011/11/28
China's road passenger and freight transport extended growth in the first 10 months of 2011, a transportation official has said.
From January to October, the country's road transportation served 27.2 billion passengers, up 7.7 percen...