Poor village gets $48 million after Xi's visit

2013-02-22 15:49:30

An impoverished village visited by China’s top political leader has received 300 million yuan ($48 million) in poverty relief funds just weeks after Xi Jinping visited the county vowing to help the poor.

Beijing adds 390k vehicles in 2 yrs, a big drop

2013-02-22 15:10:01

About 390,000 motor vehicles have been registered in Beijing over the past two years, less than half of those in 2010.

Jike denies reports of Qihoo investment

2013-02-21 17:36:26

Chinese search engine firm Jike.com on Thursday denied reports that it is in talks with Qihoo 360 Technology Co Ltd to receive investment from Qihoo.

China may tighten credit policy in H2: UBS

2013-02-21 17:33:59

China may start to tighten its credit policy as the economy recovers, inflation and property prices rise further and concerns about over-investment and financial sector health return, investment bank UBS said in a report on Thursday.

Watchdog approves new foreign investors

2013-02-21 17:26:31

China's top securities watchdog, the China Securities Regulatory Commission, has approved six new QFIIs, bringing the total number to 213.

Power firm plans 1st B-to-A shares conversion

2013-02-21 17:23:13

Shanghai-listed Zhejiang Southeast Electric Power Co Ltd plans to swap its US dollar-denominated B shares for the main A-share board.

Social security fund opens stock market accounts

2013-02-21 17:14:14

China's national social security fund opened 30 new trade accounts in January to expand investment in the domestic stock market.

New-energy buses to hit the road in Shanghai

2013-02-20 18:31:56

Shanghai is to introduce 200 new-energy buses in a bid to cut emissions and reduce noise, Xinhua News Agency reported on Feb 20.

Railway freight prices to increase: report

2013-02-20 17:07:03

China's railway freight prices will be raised by 13 percent, the National Business Daily reported on Tuesday.

Ferrari reported best results ever in 2012

2013-02-20 17:03:11

Italian automaker Ferrari released record figures for its business performance for 2012 despite the global economic turmoil.

Foxconn halts recruitment as they look to robots

2013-02-20 15:23:21

Recruitment at Foxconn’sZhengzhouand Shenzhen plants has stopped, and many other plants have been asked to stop recruiting.

Gansu poised to cash in on cultural resources

2013-02-20 10:37:19

The culture industry of Gansu province has enjoyed a double-digit growth of about 26 percent last year, housing projects that will rake in more than 62 billion yuan.