16 prosecuted for fake money worth $24 million

2010-12-16 14:55:57

Sixteen men were prosecuted in Dongguan, South China's Guangdong province for making counterfeit RMB notes worth more than 160 million yuan ($24 million), according to the People's Procuratorate of Dongguan, Guangzhou Daily reported Thursday.

College graduates' pay fails expectations

2010-12-16 13:55:11

The estimated monthly salary employers would offer to fresh college graduates in 2010 was 2,694 yuan ($404), 155 yuan lower than the 2,849 yuan expected, People's Daily reported citing a consulting firm's survey.

70% fiancées want a house from the other half

2010-12-16 11:28:06

Seven in 10 women in China consider marriage on condition their boyfriends own a property and have a stable income, according to a report cited in Henan Daily Wednesday.

Huanghuali furniture creates new craze

2010-12-16 08:58:17

Huanghuali, a rare species of rosewood, has become a favorite for Chinese antique furniture collectors. A huanghuali chair from Ming dynasty was auctioned at 62 million yuan ($9.3 million) on Dec 12, setting new record for its category.

Beijing plans one million subsidized apartments

2010-12-15 21:31:48

Beijing plans to build one million government-subsidized apartments for low-income families during the next five-year plan (2011-2015) as the housing price continues to rise amid government controls, People's Daily reported Thursday.

Media warns of hot-pot bed charge

2010-12-15 19:17:08

Sitting around a table with a bunch of friends to eat from a piping hotpot is a blessing for many Chinese on a cold winter day. However, the delicious hotpot soups are worth a bit of worry and concern, because too many chemical additives are part of the recipe, the Yangtse Evening News reported on Dec 15,2010.

Report says Chinese farmers changing roles

2010-12-15 18:57:52

Chinese farmers are evolving, according to the 2011 Blue Book of Society issued by the Chinese Academy of Social Sciences(CASS) Wednesday,news.china.com.cn reported.

Public transport key to better traffic

2010-12-15 16:26:29

Boosting public transport is the fundamental resolution to ease traffic pressure in Beijing, according to Professor Zhang Zhuting, a member of the legal consulting committee of the Ministry of Transport.

China's economic growth needs diversity

2010-12-15 15:27:35

China needs to take notice of the risk involved in its economic growth dominated by the real estate sector with excessive investments in the country’s housing market, according to a housing green paper issued by the Chinese Academy of Social Sciences on Dec 8, 2010.

China sets 2011 economic growth target at 8%

2010-12-15 14:35:24

China's top economic planner has set the 2011 GDP growth target at eight percent and raised the 2011 inflation target from this year's three percent to four percent, the Shanghai Securities News reported Wednesday.

Small, big cities share same traffic woes

2010-12-15 13:18:49

Smaller Chinese cities are experiencing the same traffic troubles as larger ones, even though they are far less populated and underdeveloped, China Business News reported Monday.

9 injured, 137 vehicles damaged in 52 car pile-ups

2010-12-14 17:29:24

Nine people were injured and 137 vehicles damaged after 52 pile-ups occurred on the same stretch of road in less than two hours, Western China City Daily reported.