More Media Digests

Chinese steel mills pay $26b more for iron ore imports

2011-01-05 17:16

The Chinese steel industry paid much more for iron ore imports last year because of the soaring prices, resulting in lower profitability or even losses for some steel makers the Economic Information Daily reported Wednesday, citing information from an internal industry meeting.

Beijing car plate petition hits 100,000 in 4 days

2011-01-05 16:47

A new restriction on Beijing's monthly car license has achieved no significant result, at least for now, as the municipal government says more than 100,000 applications have been filed online just four days into the new year.

Personal income tax reform won't alter threshold

2011-01-05 16:38

The personal income tax reform is unlikely to change the 2,000 yuan ($303) threshold, but may adjust the tax rates and the distances between rate levels, China Business Herald reported Tuesday citing anonymous sources.

Beijing leads in housing price hike

2011-01-05 15:48

Average prices of newly built commercial-residential buildings in the country’s four first-tier cities, Beijing, Shanghai, Guangzhou and Shenzhen, all surged in 2010, according to China Real Estate Information Corp (CRIC), the Shanghai Securities News reported Wednesday.

Olympic champion divorces after 2-year fight

2011-01-05 15:44

Famous table tennis player Ma Lin has finally settled his divorce with Zhang Ningyi after six trials in two years, Guangzhou Daily reported.

15-year jail for 3m yuan vice-mayor conman

2011-01-05 15:37

A man who swindled a female vice mayor 2.86 million yuan ($430,000) through a false relationship was sentenced to 15 years in jail on charges of fraud in Beijing, Beijing News reported Wednesday.