China's minimum wage to grow over 13% annually

2011-06-29 17:18:15

China's minimum wage will grow by an average rate of at least 13 percent over the next five years, the Ministry of Human Resources and Social Security said on Wednesday.

China's CAS and ICBC Leasing buy 88 A320 aircraft

2011-06-29 16:27:46

China Aviation Supplies Holding Company (CAS) and ICBC Financial Leasing Co Ltd (ICBC Leasing) have signed agreements with Airbus for a total of 88 A320 Family aircraft.

ChiNext Index closes down - June 29

2011-06-29 16:26:26

The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, fell 7.8 points, or 0.92 percent, to finish at 836.38 on Wednesday.

Stock index futures close down - June 29

2011-06-29 16:26:01

China's stock index futures closed down on Wednesday with the contract for July, the most actively traded, down 23.4points, or 0.77 percent, from the previous day to 3,017.6.

Jan-May inter-bank bond issues down 19.6%

2011-06-29 15:51:15

The value of bonds issued on China's inter-bank market fell 19.6 percent year-on-year to 3.2 trillion yuan ($492.31 billion) during the first five months of this year, the People's Bank of China said on Tuesday.

China UnionPay, CCB in mobile payment pact

2011-06-29 15:46:14

China UnionPay, one of the world's leading bank card associations, signed a framework agreement with China Construction Bank (CCB) on Tuesday to explore a mobile phone payment program.

China stocks close down Wednesday

2011-06-29 15:44:46

Chinese shares fell on Wednesday with the benchmark Shanghai Composite Index down 1.11 percent, or 30.72 points, to close at 2,728.48.

China to create 45m urban jobs in next 5 yrs

2011-06-29 15:30:13

China intends to create 45 million new jobs for urban residents and 40 million jobs for rural laborers over the next five years, the Ministry of Human Resources and Social Security said Wednesday.

Suning to raise stake in Japan's Laox

2011-06-29 15:06:03

Suning Appliance Co, China's largest consumer electronics retailer, announced Tuesday it will raise its stake in Laox Co, a Japanese home appliance chain, to 51 percent.

Hoping to take off in a new job

2011-06-29 14:54:46

Young women participated a recruitment of Hainan Airline hoping to land a job as an airline stewardess on June 27, 2011. In Beijing alone, 800 to 1,000 candidates registered for an interview through the internet up to June 26.

Social security set to cover foreign workers

2011-06-29 14:47:07

Foreign workers in China will soon be covered by the country's social security program, according to the Social Insurance Law, which will take effect on Friday.

Hong Kong's exports up 10.1% in May

2011-06-29 14:32:29

The values of Hong Kong's total goods exports and imports both recorded year-on-year increases in May, at 10.1 percent and 13 percent respectively, the Census & Statistics Department of the city government said Tuesday.