I have a secret to tell you

2011-06-01 14:22:41

When I was asked to write this column, I felt a little embarrassed. The main reason is that as a senior correspondent and editor covering the auto industry over 12 years at China Daily, I'm still not a car owner, although I got a driving license eight years ago. For this, I'm always ridiculed by many colleagues.

Evolving export strategy

2011-06-01 14:18:34

In July 1978, Hong Kong businessman Zhang Zimi approached the Dongguan government, in South China's Guangdong province, with a radical idea: to start making handbags for the Hong Kong market.

SOEs to cut energy intensity

2011-06-01 14:09:59

China's SOEs are asked to cut their energy intensity by 16 percent during the next Five Year Plan (2011-2015), China Business News reported on Wednesday, citing the State-owned Assets Supervision and Administration Commission.

Canton Fair barometer of exports

2011-06-01 14:08:05

If you want to learn how China's export engine works, check out the Canton Fair.

Joining WTO was a positive move

2011-06-01 14:07:36

It's been 10 years since China joined the WTO, a landmark event in the process of China's opening-up to the outside world. Despite great concerns both in China and in other member states about the challenges China would face and those it might bring to other members, the worst-case scenario did not happen. On the contrary, China's membership has proved to be positive both for the country and for the rest of the world.

Mapping service websites urged to get licenses

2011-06-01 14:06:37

China's State Bureau of Surveying and Mapping (SBSM) has published a list of 46 domestic websites that offered online mapping services without obtaining permission, warning they would be punished if they fail to obtain approval after July 1.

Futures transaction value up to $8.71t

2011-06-01 14:05:29

Trading in China's four commodity futures exchanges surged 22.58 percent year-on-year in the first five months of this year, the China Futures Association said on Wednesday.

Overseas investors get more aggressive

2011-06-01 13:52:21

The period between 2001 and 2010, amid China's continuously expanding economy with the GDP compounded annual growth rate (CAGR) reaching 15.4 percent, has attracted rising foreign direct investment (FDI). Over the past 10 years, China's FDI CAGR averaged 9.5 percent.

Keeping the dream alive in my 'little white house'

2011-06-01 13:52:02

For many young college graduates before the 1990s, tongzilou was an important word in their vocabulary. It referred to the low-rise apartment buildings with long central corridors, communal toilets and cooking facilities at one end.

Going through the roof

2011-06-01 13:51:31

Wang Yang, a 46-year-old college teacher, clearly remembers the time he lived in a small apartment in the university. Similar to the college dormitories of today, there was usually only one shared kitchen and a toilet on the same floor.

May CPI prospect heralds another rates hike

2011-06-01 13:49:10

Analysts believe China's inflation in May may reach 5.4 percent growth due to the increasing price of food, China Securities Journal reported on Wednesday. Some also predict a hike in interest rates in June.

China Everbright eyes Hong Kong listing

2011-06-01 13:42:25

China Everbright Bank is seeking to list in Hong Kong in July, the lender said in a statement late on Tuesday, in a listing that could be worth around $6 billion-$7 billion.