Shanxi to raise electricity price

2011-04-15 17:54:35

China's coal-rich Shanxi province has gotten the green light to raise the on-grid power price, the 21st Business Herald reported Friday.

Air Force plane makes emergency landing

2011-04-15 10:29:23

A plane made a safe forced landing on a farmland in East China's Anhui province after some glitches, on the morning of March 27, 2011, PLA Daily reported Friday.

Life insurance to keep growing in China

2011-04-14 17:39:16

Many Chinese people live underinsured or without insurance. That means China's life insurance sector will continue to grow, Peter A Smyth, regional managing director of MetLife Asia Pacific, told chinadaily.com.cn.

Listed companies' inventory value up 35%

2011-04-14 17:37:41

The total value of 1,409 listed companies' inventories climbed 35.4 percent in 2010 to 2.6 trillion yuan ($396 billion), after removing banking and finance companies' non-comparable factors, China Securities News reported Thursday.

Banks suspend mortgage loans

2011-04-14 15:50:38

Some bank outlets in Shanghai have suspended mortgage loans to home buyers, the China Securities Journal reported Thursday.

Sinopec's huge spending on liquor exposed

2011-04-14 13:20:17

Copies of invoices exposed online show that 1.68 million yuan ($0.25 million) had been spent on luxury wines in one week in 2010 by a branch company of Sinopec Group in Guangdong province, and 93.8 percent of netizens surveyed on sina.com.cn believe that the alcohol was for personal use at public expense.

China calls for immediate cease-fire in Libya

2011-04-13 22:12:28

China called for immediate ceasefire in Libya to prevent the country from falling into more serious humanitarian disasters, Chinese President Hu Jintao told visiting South African President Jacob Zuma on Wednesday.

Ding Junhui accepts $3,255 fine for not reporting illness

2011-04-13 19:01:39

Chinese snooker ace Ding Junhui has been fined £2,000 ($3,255.70) for not reporting his illness to organizers in a match that he lost 0-4 to his Chinese counterpart Liang Wenbo in Germany last year.

Three minutes' silence for quake victims

2011-04-13 16:31:09

The victims of the devastating 7.1 magnitude earthquake that struck Yushu in Northwest China's Qinghai province will be honored with three minutes’ silence, chinanews.com reported.

Guangzhou Dayi Villa tops China's luxury homes

2011-04-13 15:22:24

The World in Guangzhou ranked first on the list of China's top ten luxury homes in 2011 released Tuesday, the Beijing times reported.

China Unicom offers non-contract iPhone 4

2011-04-13 15:21:41

China Unicom launched another promotion campaign for iPhone 4 starting April 14, the Guangzhou Daily reported Wednesday.

China's trains join superhighway with e-tickets

2011-04-13 11:26:51

A raft of new customer-friendly schemes is to be introduced including printing passengers names on tickets to help combat the scourge of the scalpers.