Further elimination of outdated capacity to create strains

2011-06-23 09:29:48

The task to eliminate more outdated production capacity will stimulate the economic transformation, but the restructuring won't come without pain, said an official with China's industry supervisor.

China tourism promoted in Sydney

2011-06-23 09:19:09

China's marvellous tourist attractions were introduced to the Australians when the China Tourism Night was held in Sydney on Wednesday.

Hainan Airlines named China's best airline for 2011

2011-06-23 09:19:25

Hainan Airlines was named 2011 "Best Airline China" and "Staff Service Excellence China" in the annual Skytrax awards at the Paris Air Show Wednesday.

Party movie to set a new box office record

2011-06-23 09:17:00

Nearly 3 million Chinese paid to watch "The Founding of a Party," an epic film marking the 90th anniversary of the founding of the Communist Party of China (CPC), in the first five days of screening, the film's releaser said Wednesday.

CPI set to reach new high in June

2011-06-23 09:18:29

Inflation in June may exceed last month's 34-month high but will be under control in the second half of the year, the nation's top planning agency said, despite concern over rising pork prices and a drop in grain production following drought and flooding.

Yunnan investors eye Cambodia

2011-06-23 09:12:49

A group of investors from China 's southwestern Yunnan province has explored investment opportunities in Cambodia and expressed their interest in the country, Cambodian Ministry of Commerce said on Wednesday.

BMW opens the door to CMBC finance deal

2011-06-22 17:30:38

China Minsheng Bank and BMW signs Strtegic Cooperation Agreements on June 21, 2011.

Car models promote VW brands

2011-06-22 17:20:21

A model of a car placed on Guloudongdajie street in Beijing to promote Volkswagen’s People’s Car Project. The project is a contest for Chinese internet users to design the car of the future.

China to boost offshore wind power

2011-06-22 16:52:07

China will increase its offshore wind power installed capacity to 5 gigawatts (GW) by 2015 and 30GW by 2020, the National Energy Administration said Wednesday.

ChiNext Index closes down -- June 22

2011-06-22 16:42:53

The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, fell 4.09 points, or 0.52 percent to 791.51 on Wednesday.

China stock index futures close down -- June 22

2011-06-22 16:42:39

China's stock index futures closed lower on Wednesday with the contract for July, the most actively traded, down 5 points, or 0.17 percent, from the previous day to 2,897.6.

10 trust firms to trade stock index futures

2011-06-22 16:25:49

The first batch of ten trust companies, including Shanghai Trust Co Ltd, Huarun Trust Co Ltd, and Hwabao Trust Co Ltd, will trade the stock index futures, China Securities Journal reported Wednesday, citing a relevant source.