CBRC announces measures to aid small businesses

2011-06-08 10:36:49

The China Banking Regulatory Commission (CBRC) on Tuesday announced a series of favorable policies for lenders to offer more loans to small-scale enterprises.

55 websites closed for illegal online publicity

2011-06-08 10:35:18

Authorities have shut down 55 websites engaging in illegal online publicity based on information provided by the public.

Shanghai exchange prepares for int’l board

2011-06-08 10:30:41

All the preparation for a long-awaited international board on the Shanghai Stock Exchange is "basically" in place, Shanghai's vice-mayor said in a speech, giving the clearest sign yet that the board's launch is imminent.

Mining rights trade website launched

2011-06-08 10:23:34

The Ministry of Land and Resources on Tuesday launched a website to provide information about the country's mining rights trade and to make mining operations more transparent and fair.

Yuan advances to record high Wednesday

2011-06-08 09:55:40

The Chinese currency Renminbi, or the yuan,strengthened 21 basis points to hit 6.4795 per US dollar on Wednesday, according to the China Foreign Exchange Trading system.

Coal, property fuel private-capital boom

2011-06-08 09:48:19

In addition to their obsession with the nation's red-hot property market, many of them extend high-interest private loans, a semi-legal and largely unregulated business where the average annual interest rate is 30 percent.

China adds 1.2b yuan to drought-hit regions

2011-06-08 09:42:42

The Chinese Ministry of Finance (MOF) on Tuesday said it had added 1.2 billion yuan ($182.65 million) to help five regions along the middle and lower reaches of the Yangtze River make a success of disaster relief work.

China to halt wind turbine subsidies

2011-06-08 09:36:03

China's wind power companies expect to see little impact from the recent news that the country will end industry subsidies because of the investigation launched seven months ago following complaints from US manufacturers.

Natural gas co-op with Russia to make progress

2011-06-07 17:25:38

Cooperation between the natural gas industries of China and Russia is expected to make great progress, Assistant Foreign Minister Cheng Guoping said Tuesday.

Foreign investments in emerging industry urged

2011-06-07 17:19:24

China is adopting favorable policies to attract foreign investments in emerging industries, Economic Information Daily, a subsidiary of Xinhua News Agency, reported Wednesday.

Hong Kong stocks end 0.35% lower

2011-06-07 17:14:57

Hong Kong stocks went down 80.89 points, or 0.35 percent, to close at 22,868.67 on Tuesday.

What makes young people tick?

2011-06-07 17:13:12

In a concealed office on one of Beijing's oldest residential streets, some young entrepreneurs sit in a hutong courtyard house tapping away at computers as they delve into the secret lives of China's rising generation.