China

Economy

E-biz boom hits a bump on logistics shortfall

2011-01-25 15:37

Due to lower prices and broader choices, Chinese netizens have been roaming shops online for weeks before the Spring Festival, or the lunar New Year. But for those who are still hesitating about what to buy, it would be best to visit a real store.

China's urban unemployment rate at 4.1% by 2010

2011-01-25 14:39

China's urban unemployment rate stood at 4.1 percent by the end of last year, with 9.08 million people being registered to be unemployed, an official with the Ministry of Human Resources and Social Security said Tuesday.

Nation 'unlikely' to reduce export rebates

2011-01-25 09:04

China expects to maintain the stability of its export-related policy, and it is "highly unlikely" that the country will reduce export rebates for highly polluting and energy-intensive industries "during the first half", said a senior Ministry of Commerce (MOFCOM) official.

Stamping personality on one's home

2011-01-24 15:03

Having a walk-in closet at home like Hollywood celebrities such as Paris Hilton - who even owns a separate shoes closet - is no longer a dream for Chinese women. Demand for fittings and furniture with a personal style is booming in China.

Production of fireworks sparks safety concerns

2011-01-24 14:43

Government safety crackdowns throughout the county have all but wiped out the once-ubiquitous family workshops, forcing 40,000 farmers to find post-harvest jobs with registered and, more importantly, regulated businesses.

Retail sales in China to grow 15% in 2011

2011-01-24 14:30

Retail sales in China this year are expected to rise 15 percent year on year to over 17 trillion yuan ($2.58 trillion), amid plans to boost domestic demand, experts said Thursday.

China predicts 9.8% GDP growth in 2011

2011-01-24 12:28

China is expecting a 9.8 percent growth rate of its Gross Domestic Product (GDP) and a 3.7 percent raise of its Consumer Price Index for the year 2011, the China National Radio (CNR) reported Sunday Jan 22.