Policies

Green credit criteria taking shape

China is working on criteria with which to evaluate the implementation of its green credit policy by banks and enterprises.
Govt approves many property stimulus steps

China has approved more than 80 percent of the housing-purchase policies that have been proposed in 33 cities since August last year.
Shanghai: One house policy for singles

For each single Shanghai householder whoa has an apartment already registered under the owner's name, they are unable to purchase another property.
Local gov'ts to continue bond issuance trials

The State Council has given approval to the cities of Shanghai and Shenzhen, and the provinces of Zhejiang and Guangdong, to continue bond issuance trials this year.

PetroChina to develop Canadian LNG project

PetroChina said that it will cooperate with Shell Canada Ltd, Korea Gas Corporation and Mitsubishi Corporation to jointly develop a proposed LNG project in Canada.
McDonald's to double Chinese employees

McDonald's Corp said it will almost double the number of Chinese employees by the end of this year to follow its fast expansion plan.
Corning expands production in Shanghai

Corning Incorporated broke ground for the $170 million fourth phase of its wholly-owned automotive substrate facility in Shanghai on Tuesday.
Rising releases new anti-virus software

Beijing Rising International Software Co Ltd on Tuesday released the nation's first business-level anti-virus system based on private cloud technology.

Banks urged to fulfill green obligation

China may publish the names of banks and companies which did not perform well in regards to green credit and environmental protection.
Hong Kong stocks close 3.19% lower - May 16

Hong Kong stocks plunged 634.48 points, or 3.19 percent, to close at 19,259.83 on Wednesday, tracking losses in the global markets.
HKMA promotes offshore RMB business in Tokyo

The Hong Kong Monetary Authority and the Hong Kong Trade Development Council organized a seminar on promoting offshore Renminbi business in Tokyo on Tuesday.
Yuan position shows 1st monthly decline in April

Yuan position for purchasing foreign exchange showed its first monthly decline in April this year, sparking concerns over the negative effect.

Building value

Despite a nationwide drop in home prices, the cost to rent prime office space in Beijing is skyrocketing.

Five-star pipeline

China is poised to become the top market for hotels and major international brands are gearing up

Spinning forward

Ordos, which some refer to as the Capital of Cashmere, is searching for a way to upgrade its manufacturing sector

A picture of health

Changes to foreign investment regulations have given an invigorating injection to private care.

Excess of success

Manufacturing hub looks for ways to upgrade as costs increase

New wave of luxury

Hide & Seek

Some stewed pig ears have been made from chemicals that could cause blood and heart problems in East China.

Dragon baby boom drives up infant formula prices

A baby boom in the current Year of the Dragon has led to an increase in the price of imported infant formula.

Luxury goods demands grow in smaller cities

Consumers in second-tier Chinese cities are becoming more keen on luxury goods, according to a survey.

Baidu, Changhong debuts 899 yuan smartphone

Baidu and Changhong jointly launched an entry-level smartphone running Baidu Cloud operating system at $142.

Economy

Do you qualify as a white-collar worker?

To be a white-collar worker, one needs to earn a monthly salary of no less than 20,000 yuan ($3,169), own an apartment and a car.
Macao's forex reserves reach $16.31b in April

The preliminary estimate of the Macao SAR's foreign exchange reserves amounted to 130.3 billion patacas ($16.31 billion) at the end of April 2012.
China remains largest foreign US creditor

China remains the largest foreign holder of US Treasury securities after boosting its stockpile by $14.7 billion to $1.17 trillion in March.
Li calls for closer ties with Australia

China and Australia should provide a fair and friendly investment environment for each other's enterprises, Vice-Premier Li Keqiang said.

Tourism hit as Huangyan dispute escalates

Chinese tourist numbers to the Philippines are dropping as the ongoing territorial dispute continues over Huangyan Island in the South China Sea.
Aggressive reforms brings logistics growth

Countries that adopted aggressive shipping and storage reforms saw steady growth in the industry, said a World Bank survey Wednesday.
Beijing home sales surge in May

Beijing's property sales, including new and pre-owned homes, saw a strong rebound in the first half of May, statistics showed on Wednesday.
Pork price may soar in June

The price of pork is predicted to increase by 20 percent as the supply of live pigs will see a substantial decline around June and July.

Mixed effects of liquidity

The monetary authorities should not ignore the likelihood that the increased liquidity will push prices further higher.
Bid to unleash region's vitality

Deepening cooperation of China, Japan and the ROK is a further step toward integration of East Asia.
Answering tricky interview questions - Career counselor

In today's human resources market, are you up against some fierce competition? Saying the right thing can mean winning or losing your dream job.
China's economy must advance on two legs: private, State-owned

SOEs need to better interact with non-State-owned companies to promote the joint development of all, instead of squeezing them with monopolies.

China is working on criteria with which to evaluate the implementation of its green credit policy by banks and enterprises.

China has approved more than 80 percent of the housing-purchase policies that have been proposed in 33 cities since August last year.

For each single Shanghai householder whoa has an apartment already registered under the owner's name, they are unable to purchase another property.

The State Council has given approval to the cities of Shanghai and Shenzhen, and the provinces of Zhejiang and Guangdong, to continue bond issuance trials this year.

PetroChina said that it will cooperate with Shell Canada Ltd, Korea Gas Corporation and Mitsubishi Corporation to jointly develop a proposed LNG project in Canada.

McDonald's Corp said it will almost double the number of Chinese employees by the end of this year to follow its fast expansion plan.

Corning Incorporated broke ground for the $170 million fourth phase of its wholly-owned automotive substrate facility in Shanghai on Tuesday.

Beijing Rising International Software Co Ltd on Tuesday released the nation's first business-level anti-virus system based on private cloud technology.

China may publish the names of banks and companies which did not perform well in regards to green credit and environmental protection.

Hong Kong stocks plunged 634.48 points, or 3.19 percent, to close at 19,259.83 on Wednesday, tracking losses in the global markets.

The Hong Kong Monetary Authority and the Hong Kong Trade Development Council organized a seminar on promoting offshore Renminbi business in Tokyo on Tuesday.

Yuan position for purchasing foreign exchange showed its first monthly decline in April this year, sparking concerns over the negative effect.

Some stewed pig ears have been made from chemicals that could cause blood and heart problems in East China.

To be a white-collar worker, one needs to earn a monthly salary of no less than 20,000 yuan ($3,169), own an apartment and a car.

The preliminary estimate of the Macao SAR's foreign exchange reserves amounted to 130.3 billion patacas ($16.31 billion) at the end of April 2012.

China remains the largest foreign holder of US Treasury securities after boosting its stockpile by $14.7 billion to $1.17 trillion in March.

China and Australia should provide a fair and friendly investment environment for each other's enterprises, Vice-Premier Li Keqiang said.

Chinese tourist numbers to the Philippines are dropping as the ongoing territorial dispute continues over Huangyan Island in the South China Sea.

Countries that adopted aggressive shipping and storage reforms saw steady growth in the industry, said a World Bank survey Wednesday.

Beijing's property sales, including new and pre-owned homes, saw a strong rebound in the first half of May, statistics showed on Wednesday.

The price of pork is predicted to increase by 20 percent as the supply of live pigs will see a substantial decline around June and July.

The monetary authorities should not ignore the likelihood that the increased liquidity will push prices further higher.

Deepening cooperation of China, Japan and the ROK is a further step toward integration of East Asia.

In today's human resources market, are you up against some fierce competition? Saying the right thing can mean winning or losing your dream job.

SOEs need to better interact with non-State-owned companies to promote the joint development of all, instead of squeezing them with monopolies.

Green China