Oil reserves equal 30 days consumption
2011-03-09 17:23:24
China's strategic oil reserve capacity is enough for one month's use, and the storage proportion of crude oil to product oil is 3:1, according to Wang Qingyun, director of the State Bureau of Material Reserve, the National Business Daily (NBD) reported Wednesday.
1.3t yuan for subsidized housing
2011-03-09 16:58:51
China will invest about 1.3 trillion yuan ($197.9 billion) this year on building or renovating 10 million affordable apartments, people.com.cn reported Wednesday, citing Qi Ji, vice-minister of Housing and Urban-Rural Development.
Zhang Dazhong likely to head Gome's board: report
2011-03-09 14:08:01
Gome Electrical Appliance Holdings Ltd is likely to appoint Zhang Dazhong as the new chairman of the board, sina.com reported Wednesday, citing sources close to the matter.
Social Security Funds may hit 1t yuan
2011-03-09 10:52:32
Dai Xianglong, chairman of China's National Council for Social Security Funds, said the asset of funds may reach 1 trillion yuan ($148.70 billion) by the end of this year. And it could hit 1.5 trillion yuan by 2015, Shanghai Securities News reported Wednesday.
New car rules for officials
2011-03-08 15:54:50
Officials whose rank is lower than minister or governor will not be given special cars, according to new rules to be issued to public departments.
China spends 223b yuan on civil affairs in 2010
2011-03-08 15:49:07
China's expenditure on civil affairs in 2010 reached 223.23 billion yuan ($33.99 billion), 3.1 times as much as that of 2005.
China's pledge to reduce poverty
2011-03-08 15:00:19
China is considering "raising" the poverty line this year due to the large numbers of Chinese still living in inadequate conditions, a top level official from China's poverty alleviation office told China Daily.
New asset managemnt firm set to invest
2011-03-07 10:53:38
The nation's newest asset management company announced its future investments, China Securities Journal reported Monday. Xie Qihua, the board chairwoman of China Reform Holdings Corp Ltd, said the company will focus on core resources and strategic emerging industries.
Chinese constitution as coming of age gifts
2011-03-05 19:05:27
On Friday, 2,300 high school students in Chongqing celebrated their adult ceremony and received Constitution of the People’s Republic of China as a gift.
Official urges better disaster preparedness
2011-03-05 17:46:00
China's rural areas are totally exposed to the danger of disasters such as fires, flooding and earthquakes, and its more than 600 cities are also in urgent need of improving disaster relief capabilities, an official said Saturday.
Resource tax should cover more items
2011-03-05 17:18:30
Resource taxes should not only be expanded to more regions, but also cover more items, said an official with the Ministry of Finance on Saturday.
Zero property projects opening in 15 cities in February
2011-03-04 15:51:49
The Chinese real estate developers' willingness to open new projects was hit by the government's new round of policies to cool the property market, the Shanghai Securities News reported Friday.