China stocks close higher Monday

2011-06-27 15:49:13

Chinese shares closed higher on Monday with the benchmark Shanghai Composite Index up 0.44 percent, or 12.02 points, to 2,758.23.

300 brands of high-end items on show

2011-06-27 15:40:34

300 brands of high-end items were displayed on June 26, 2011, at the China (Shenyang) International Top Personal Items Show. The show attracted more than 300 high-end brands, 40 percent of which were international brands.

Sino-Russia power co-op plan on agenda

2011-06-27 15:33:24

With 500-kilovolt (kV) cross-border electricity transmission lines nearly finished, the second phase of the China-Russia power project is about to begin, China Business News (CBN) reported Monday.

NPC to mull securities funds proposal

2011-06-27 15:22:33

The Financial and Economic Committee of the National People's Congress (NPC) will deliberate proposed changes to the Securities Investment Funds Law, Shanghai Securities News reported Monday.

Debate: Safe milk

2011-06-27 15:04:43

Can the safety standards set for the dairy industry ensure supply of quality products? Three experts lock horns on this important issue.

China steps up subsidies for the needy

2011-06-27 15:02:59

More than half of all Chinese provincial-level regions have established a mechanism to offer subsidies to the needy as high inflation pushes up their daily living costs.

Sun set to shine on Inalfa deal

2011-06-27 14:51:18

Beijing Hainachuan Automotive Parts Co Ltd, a subsidiary of BAIC Group, said its acquisition of Inalfa Roof Systems will be completed next month after it passes antitrust scrutiny by the Chinese government.

Government pension for all

2011-06-27 14:50:55

The urban pension system and its rural counterpart will cover all who are not secured by work-unit pensions, finally realizing the goal of all citizens receiving pensions in their old age. This is not just the promise Premier Wen Jiabao made on behalf of his cabinet on Monday, it is also a significant breakthrough the government has realized in creating a cover-all social security net.

China uncovers misuse of affordable housing program

2011-06-27 14:50:37

Improper allocation of housing units, misuse of funds and an insufficient supply of land are undermining China's massive affordable housing program, a report by the State Audit Office said on Monday.

Remove the barriers to investment: Ambassador

2011-06-27 14:35:45

China's ambassador to the UK said ahead of Premier Wen Jiabao's visit that London should avoid politicizing investment from Beijing.

Spat between Visa, China UnionPay spills into BC Card

2011-06-27 14:09:19

The world's largest payment network Visa has been in a one-year-long battle with China's biggest electronic payment network China UnionPay over royalty payments.

China's legislature reads draft laws on income-tax

2011-06-27 14:06:26

The Standing Committee of China's National People's Congress (NPC) started bimonthly session Monday to review a batch of draft laws, including draft amendment to the Personal Income Tax Law and draft law on administrative mandatory.