Beijing police nab 11 scalpers, an all-time feat

2011-02-23 14:44:39

The Beijing railway transportation procuratorate said 11 people were arrested for scalping train tickets this year, the highest for the period in the city's history.

CISA suggests establishment of iron ore reserves

2011-02-23 14:23:33

According to the latest research by the China Iron & Steel Association (CISA), price manipulation worsened in the iron ore market, it was revealed at an internal meeting on Tuesday.

Well digger uncovers ancient burial mound

2011-02-23 13:53:34

A tumulus, or ancient burial mound, thought to be from the Han Dynasty (206 BC - AD24), was uncovered in a private yard in Lianyungang, Jiangsu province on Feb 19, 2011.

Delegate expresses concern over growing wealth gap

2011-02-23 13:46:43

The growing gap between the rich and the poor is very dangerous, said Zhong Nanshan, delegate of Guangzhou People's Congress, Guangzhou Daily reported on Wednesday.

Beijing, world's 72nd most livable city; HK 31st

2011-02-22 16:41:59

Beijing ranks number 72 in a table of the world’s most livable cities in an annual survey by the Economist Intelligence Unit. Hong Kong was placed at No 31 in the list, the sina.com reported Tuesday.

Shanghai plans tax refund and duty-free shopping program

2011-02-22 16:32:09

Shanghai is planning to carry out a pilot tax refund and duty-free shopping plan for foreign shoppers. Officials hope to build Shanghai into a famous international tourism city, according to the Shanghai municipal tourism administration.

Shanghai's population to hit 23 million

2011-02-22 15:51:09

Shanghai census results will be announced in April and one demographic expert estimates the city's population might reach 23 million, far over the earlier estimates of 20 million

Poll says govt feasts drive up liquor price

2011-02-22 14:44:43

A survey by Chinese Youth Daily found that 92.9 percent think the price increase in upscale baijiu, or Chinese liquor, is closely linked to the misuse of public funds for government banquets.

CBRC to adopt new regulatory framework

2011-02-22 13:39:02

The China Banking Regulatory Commission (CBRC) is drafting a guidance document to adopt a new regulatory framework consisting of four new regulatory tools for commercial banks. The document will be released soon, said the CBRC spokesperson.

Yuan's appreciation 'won't alleviate US woes'

2011-02-21 21:53:22

Even if China allows the yuan to appreciate rapidly, it won't alleviate US economic woes, a British leading professor of international political economy has said.

Head of elite Chinese university jailed

2011-02-21 20:00:05

A former leader of a prestigious Chinese university in central China's Hubei province has been sentenced to 10 years in prison for taking bribes, the Legal Daily reported Monday.

China to invest 75b yuan to curb heavy metal pollution

2011-02-21 17:34:20

China will spend 75 billion yuan ($11.15 billion) to curb heavy metal pollution in the next five years, caixin.com reported, citing a report of Hubei Daily.