Transparency in IMF chief selection: China
2011-05-26 15:18:53
China said Thursday that the chief of the International Monetary Fund (IMF) should be chosen through democratic consultation with a merit-based and transparent selection process.
Tsinghua building name incurs debates
2011-05-26 15:10:43
China's prestigious Tsinghua University has triggered heated debates one month after its 100th anniversary of founding as it has named one teaching building after a well-known clothes brand.
Job fair for women held in Henan
2011-05-26 14:59:04
The job fair, which was specially held for women, featured more than 2,600 jobs from 110 companies.
Performance of financial firms to determine execs' salaries
2011-05-26 14:30:15
China's Ministry of Finance issued a policy which will require the salaries of financial enterprises' top executives to depend on the enterprise's performance, Securities Times reported on Thursday.
China's inflation to be eased in 2012: OECD
2011-05-26 14:26:50
The Organization for Economic Cooperation and Development (OECD) has predicted that China's tightening monetary policy will keep working to pull CPI to the controlling target of 4 percent, the China Business News (CBN) reported Thursday.
Authorities OK currency trades
2011-05-26 13:54:20
China will allow two banks to enter the interbank foreign exchange market, according to two separate statements on Chinamoney.com.cn, a website of the China Foreign Exchange Trade System.
Shiseido to make up China
2011-05-26 13:53:33
Shiseido, Japan's top cosmetics firm, is aiming to grow its Chinese cosmetics business faster than the market and is considering boosting the use of local raw materials to lower production costs.
Citic to offload stake in CAMC
2011-05-26 13:52:53
China's Citic Securities, the country's biggest listed brokerage, will sell a 51 percent stake in China Asset Management Co Ltd for at least 7.6 billion yuan ($1.2 billion), it said on Wednesday.
Banks' $44.7b forex surplus
2011-05-26 13:49:13
Chinese banks bought $129.8 billion of foreign currency for their clients in April, the State Administration of Foreign Exchange said on its website.
Ctrip to sell rail tickets online
2011-05-26 13:48:10
China's leading travel agency Ctrip.com plans to sell railway tickets online in the near future, its chief executive said on Wednesday, opening up a potentially huge revenue stream.
Macao chief executive pledges policies for middle class
2011-05-26 13:46:42
Chief Executive of Macao Special Administrative Region (SAR) Chui Sai On has pledged to focus more on middle class living standards in the second half of the year, the Macao Daily Times reported on Thursday.
Restaurants targeted in crackdown on illegal food additives
2011-05-26 13:45:34
China's State Food and Drug Administration (SFDA) on Wednesday announced that they will conduct an inspection tour to check the implementation of an earlier measure regulating the use of additives in food by restaurants.