VP stresses affordable housing program

2011-06-13 09:25:25

Chinese Vice-Premier Li Keqiang has called upon local authorities to step up efforts to build and fairly distribute high-quality affordable housing.

200 new cars to show at Beijing import auto expo

2011-06-11 17:32:31

More than 200 new vehicles will be displayed at 2011 Beijing import auto expo which is scheduled to be held from Oct 31 to Nov 6, organizer has said.

Watermelons hard to be sold, but to spoil

2011-06-11 16:06:48

Watermelons hard to be sold, but to spoil

Everbright Bank likely to list in HK in July

2011-06-11 14:24:46

China Everbright Bank Co is expected to list at the Hong Kong Stock Exchange as early as mid-July after it has got green light from the securities regulator.

Huaneng Renewables share price falls 2.8% on debut

2011-06-11 14:22:23

Huaneng Renewables Corp, the wind-power unit of China's biggest electricity producer, made a lackluster debut on the Hong Kong bourse on Friday, with its share price down 2.8 percent from the offering price to hit HK$2.43 (31 cents).

More power supplies urged to meet household need

2011-06-11 11:55:53

China's top planner on Friday asked local authorities and energy enterprises to increase power supplies to meet household demand in summer as the country faces a tight power supply.

SAIC-GM-Wuling Automobile recalls 22,457 cars

2011-06-11 11:52:51

China's quality watchdog said Friday that SAIC-GM-Wuling Automobile Co began on Wednesday to recall 22,457 vehicles in China to fix problems that could pose safety risks.

HK revises Mortgage Insurance Program

2011-06-11 11:35:47

The Hong Kong Mortgage Corporation Limited (HKMC) announced Friday that it will lower the cap on the value of property that can be covered under the Mortgage Insurance Program (MIP) from HK$6.8 million ($873,81) to HK$6 million.

China makes headway in energy savings over past 5 yrs

2011-06-11 11:29:55

China has made much headway in energy savings during the 11th Five-Year Plan period (2006-2010), the National Development and Reform Commission and the National Bureau of Statistics (NBS) said on Friday.

China to strengthen energy co-op with Russia

2011-06-11 11:29:14

China is willing to strengthen cooperation with Russia and other energy-producing and energy-consuming countries to jointly safeguard the stability of world energy market and achieve mutual benefits and win-win results, President Hu Jintao said Friday.

Sweeping privatization is no panacea

2011-06-11 11:06:12

Economic instability caused by the financial crisis in Western economies raises concerns for policymakers in developing countries. In particular, there is concern about the free market development model proposed by the Washington Consensus. Policymakers in developing countries are therefore beginning to see China as a role model for economic development.

Export engine hums along

2011-06-11 11:04:34

For those seeking clues on the health of the Chinese economy and global growth prospects, China's latest trade data are not of much help.