ICBC H1 profits rise 29 pct

2011-08-25 19:53:59

The Industrial and Commercial Bank of China said Thursday that its after-tax profits for the first half of this year rose 29 percent year-on-year as the result of higher loans and fees.

Apple's CEO resignation makes ripples in China

2011-08-25 19:34:06

The resignation of Silicon Valley icon Steve Jobs from the top managing post of Apple Inc. has got many in China questioning the mighty US technology firm's future.

Inflation control target difficult to achieve

2011-08-25 19:25:13

A senior Chinese official calls for all macro control policies in force to be fully implemented as it will be difficult to fulfill the government's inflation control target.

China not to ease policies on property sector

2011-08-25 19:14:31

China will continue to implement macro-control policies on its property sector, a senior official said Thursday.

Six dead in dessert shop fire in south China

2011-08-25 18:52:55

Six people were killed after a fire engulfed a dessert shop on Thursday in south China's Guangdong Province, said local authorities.

IT giant Huawei leads top 500 private firms

2011-08-25 18:45:51

Huawei, a leading information and communication technology solutions provider based in the southern city Shenzhen, ranked first among China's top 500 non-state owned firms in 2010

PetroChina first-half net profits edge up 1%

2011-08-25 18:38:45

The PetroChina Co. Ltd., the country's largest oil producer, said on Thursday its net profits edged up 1 percent year-on-year in the first six months of the year to 66.01 billion yuan ($10.31 billion).

China a big contributor to global anti-terrorism

2011-08-25 17:46:24

China said it has contributed greatly to the global fight against terrorism and urged the international community to fully respect its domestic concerns.

New Party chief appointed for Tibet

2011-08-25 17:40:08

Chen Quanguo has been appointed secretary of the Communist Party of China (CPC) committee of the Tibet autonomous region,the CPC Central Committee announced Thursday.

Police shut down chain of Chinese porn websites

2011-08-25 17:07:43

Authorities in China and the United States jointly shut down a chain of membership-based, Chinese-language pornographic websites targeting Chinese-speaking audiences in China, the US and other countries.

2/3 of govt spending went to public well-being

2011-08-25 17:01:01

The Chinese government spent 1.15 trillion yuan ($180 billion), or two thirds of the central budget, on improving people's livelihoods in the first half of the year, according to a government report submitted to China's top legislature on Thursday.

Drought dries up reservoirs, rivers in SW China

2011-08-25 16:06:06

A severe drought in Southwest China has dried up hundreds of reservoirs and rivers, devastated farm fields and made drinking water scarce, local authorities said.