90% county-maintained hospitals in debt

2011-05-16 10:56:10

The director of Chinese Hospital Association, Cao Ronggui says that 90% of county-maintained hospitals are in debt, on a forum for hospital directors.

China to set limits on new-energy JVs

2011-05-13 15:16:12

China plans to limit foreign investors' investment proportion in new projects for key components of new-energy vehicles to under 50 percent, the National Business Daily (NBD) reported.

China's PLA develops own military game

2011-05-13 14:39:00

Chinese People's Liberation Army (PLA) officers and soldiers will soon have the chance to play the army's first self-developed military game, as it finishes the main development and is in the debugging process.

March buy of Japanese bonds biggest since 2005

2011-05-13 14:18:32

China purchased a net 234.5 billion yen ($2.9 billion) in long-term Japanese bonds in March, the biggest amount since January 2005, China Business News reported Friday, citing latest data released by Japan's Ministry of Finance.

Coke sizes down to avoid rising costs

2011-05-13 14:10:30

Beverage giants Coca Cola and Pepsi have avoided raising prices in China by reducing the size of their packaging, the Beijing Morning Post reported on Thursday.

Group buying website admits cheating

2011-05-12 17:17:18

Group-buying website Gaopeng.com has acknowledged cheating on an iPhone 4 drawing through the Sina micro blog and Tencent micro blog on May 10, Beijing Business Today reported on Thursday.

PBOC Shanghai to fight against 'hot money'

2011-05-12 16:40:10

The People's Bank of China's (PBOC) Shanghai headquarters will strengthen supervision on abnormal cross-border capital flow and combat the influx of illegal funds such as "hot money," China Business News reported Thursday.

Rental market becoming hot in big cities

2011-05-10 16:24:51

Rental markets in Chinese cities are becoming hot because of high housing prices and the new restriction policy on property investment.

Group buys help lower carbon emissions

2011-05-10 16:18:17

Ge You said that group buys contribute to a low carbon life and happiness at a news conference Tuesday in Beijing.

Famous musician Gao Xiaosong could face jail

2011-05-10 16:06:10

Renowned musician Gao Xiaosong has been arrested by police on suspicion of drink driving after a four-vehicle collision on Monday night, Legal Evening News reported.

Shenzhen withdraws petition ban, apologies

2011-05-10 14:28:39

An order banning migrant workers from claiming unpaid back pay has been revoked and local government bosses have apologized for any offence caused.

Cellphone use much cheaper in Hong Kong

2011-05-10 14:20:36

Monthly payments from mobile phone service in Shanghai is six times higher than in Hong Kong, the Beijing News reported on Tuesday.