Marriott aims to keep apace of tourism growth

2011-05-31 11:00:40

Burgeoning Chinese inbound and outbound tourism has provided a boost for US-based Marriott International Inc to further tap the domestic hospitality market and lure more Chinese tourists traveling abroad to its businesses, a senior company executive said.

Investigation into alleged graft at telcos

2011-05-31 10:54:33

Chinese authorities have launched a large-scale investigation into the country's three largest State-owned telecom carriers on suspicion of corruption.

China secures summer harvest despite drought

2011-05-31 10:32:35

China will reap a bumper harvest of wheat and rapeseed this summer, Minister of Agriculture Han Changfu said on Monday.

Yuan hit new high of 6.4856 per USD Tuesday

2011-05-31 10:29:45

The Chinese currency Renminbi, or the yuan,strengthened 11 basis points to an all-time high at 6.4845 per US dollar on Tuesday, according to the China Foreign Exchange Trading system.

Trade unions set wage talks target

2011-05-31 10:25:51

Unions will introduce collective wage negotiations by 2013 in at least 95 percent of enterprises set up by Fortune 500 companies operating in the country, a senior union official said.

ABC set to issue bonds to boost CAR

2011-05-31 10:23:24

Agricultural Bank of China Ltd (ABC), the country's third-biggest lender by assets, will sell 40 billion yuan ($6.17 billion) of subordinated bonds from June 2 to 7, according to a statement.

Gold price opens higher in Hong Kong

2011-05-31 10:17:57

The gold price in Hong Kong went up HK$40 to open at HK$14,300 per tael on Tuesday, according to the Chinese Gold and Silver Exchange Society.

China stock index futures open mixed Tuesday

2011-05-31 10:17:25

China's stock index futures opened higher on Tuesday, with the contract for settlement in June, the most actively traded, opening 1.2 points higher at 2,973 from the previous close.

CNGGC sees heart of gold in Africa

2011-05-31 10:16:44

China National Gold Group Corp, the State-owned company that controls the nation's largest gold deposits, wants to invest in projects in Africa as it expects bullion to trade near record levels for the next three years.

Hong Kong stocks open 0.85% higher

2011-05-31 10:10:57

Hong Kong stocks went up 195.97 points, or 0.85 percent, to open at 23,380.29 on Tuesday.

ChiNext Index opens higher Tuesday

2011-05-31 10:10:40

ChiNext Index opened 2.03 points higher at 836.35 on Tuesday.

Chinese shares open slightly higher Tuesday

2011-05-31 10:10:25

Chinese shares opened higher on Tuesday, with the benchmark Shanghai Composite Index up 0.04 percent to 2,707.56.