Call for yuan to become more freely convertible
2011-06-10 10:17:43
The yuan needs to be more freely convertible and widely used in global trade in order to be included in the special drawing rights basket of the International Monetary Fund, acting managing director of the IMF said.
Legendary Pictures forms JV in China
2011-06-10 10:15:32
Legendary Pictures has formed a joint venture in China that aims to produce and distribute English- language movies that have the potential to be worldwide hits.
Italy's RDM Group opens first outlet in China
2011-06-10 10:12:54
The Italian luxury real estate developer and fashion retailer RDM Group opened its first outlet store in China on Thursday.
China approves demonstration zone in Lianyungang
2011-06-10 10:12:37
The State Council has approved a scheme to set up a demonstration zone in Lianyungang city in Jiangsu Province to enhance economic cooperation among the country's east, central and western regions.
Sinopec looks to Shengli field for overseas sales
2011-06-10 09:29:31
China Petroleum and Chemical Corp's Shengli Oilfield is expected to generate 20 percent of the company's total output value from the overseas market by the end of 2015.
China welfare lottery sales shoot up by 30%
2011-06-09 17:19:20
China's welfare lottery sales hit 50.16 billion yuan ($7.74 billion) as of June 5 this year, up 30.61 percent year-on-year, the Welfare Lottery Distribution and Management Center said on Thursday.
Improved access to loans not a cure-all for small firms
2011-06-09 17:18:47
New government measures that will create more financing opportunities for China's small businesses will provide aid in the short-term, but will not be a complete cure for the problems these companies face, according to some of the country's financial experts.
A midyear pep talk
2011-06-09 17:04:05
Amid mounting uncertainties about the ongoing recovery of the world economy, it is brave for the World Bank to predict that global growth will remain strong from 2011 through 2013.
Employment rate for college graduates rises
2011-06-09 17:03:51
More Chinese college graduates are finding jobs, with the employment rate back to the pre-crisis level and a significant rise in salaries, a latest survey shows.
Chinese tourists are biggest spenders in Australia
2011-06-09 17:02:05
Tourists from China are the biggest spenders in Australia, and they are likely to spend more in future, the Tourism Research Australia (TRA) report said on Thursday.
China's auto sales continue to drop in May
2011-06-09 17:00:50
China's auto sales and output in May continued the downward trend in April, the China Association of Automobile Manufacturers (CAAM) said Thursday.
Pharmas to feel lure of deals
2011-06-09 17:00:16
Market ‘will experience explosive growth’, KPMG report predicts