Shabby or luxurious? 'Lamborghini' upgrade for 90,000 yuan
2011-05-14 17:28:07
A "Lamborghini" made by a salon owner in Kunming, Yunnan province, May 11, 2011. It took him 12 days and 90,000 yuan ($13,851) to transform a Nissan A31 into this sports car. [Photo / CFP]
PetroChina to take joint control of Ineos' assets
2011-05-14 15:59:11
The European Union (EU)'s antitrust regulator on Friday approved PetroChina's bid to take joint control over certain assets currently wholly-owned by Ineos of Switzerland.
China faces tight power supply this year
2011-05-14 15:57:17
China is facing expectations of tighter power supplies this year with expanding power supply shortages possible this summer, an industry report said Friday.
Commodities price slump prompts growth concerns
2011-05-14 15:50:38
Big drops in international commodities prices have added to concerns over the uncertainty of global economic recovery amid slowing consumer spending in the US and monetary tightening policies aimed at cooling inflation in China.
Pension program to cover 60% of China's rural areas
2011-05-14 15:44:43
China plans to expand a piloted pension program to 60 percent of its rural areas this year, an increase from the original target of 40 percent, Chinese Vice Premier Zhang Dejiang said Friday.
China to complete registration of collectively-owned land
2011-05-14 15:43:39
China plans to confirm and register ownership for all of the country's rural collectively-owned land by the end of 2012 in order to better protect farmers' rights, the Ministry of Land and Resources (MLR) said Friday.
China cracks down on home appliance subsidy fraud
2011-05-14 15:40:48
The Chinese government recently moved to crack down on scalpers trying to take advantage of a nationwide subsidy program that was designed to fuel home appliance sales in rural areas.
China to spend $23m to ensure nuke safety
2011-05-14 14:43:25
China's environmental regulator will spend 150 million yuan on nuclear and radiation safety supervision and control, as well as in offering relevant technical support this year in an effort to ensure nuclear safety.
Underwear show held in Shanghai
2011-05-14 14:21:56
An underwear show is held in Shanghai on May 13, 2011. [ Photo / CFP]
HK upgrades growth forecast for 2011
2011-05-14 14:16:26
The Statistics Department of the Hong Kong government said Friday in a report that it has revised the full-year GDP forecast for 2011 to 5 to 6 percent, up one percentage point from the February forecast of 4 to 5 percent, after the city registered a higher-than-expected GDP growth of 7.2 percent in the first quarter.
Import catalog to serve emerging industries
2011-05-14 14:14:20
China's top economic planner released a revised catalog on Friday for technologies and products that the country wants its companies to import in 2011.
Chrysler recalls 8,309 Jeep Wranglers in China
2011-05-14 13:49:32
China's top consumer product quality watchdog said Friday that US automaker Chrysler will recall 8,309 Jeep Wrangler vehicles sold on the Chinese mainland over potential safety hazards concerning the vehicles' automatic transmissions and related systems.