Industry faces rising power cost
2011-05-31 09:14:41
Electricity prices for industrial use will be raised on Wednesday in 15 regions to combat power shortages, amid concerns over increasing manufacturing costs and a slowdown in production.
Chery Auto to build $200m factory in S America
2011-05-31 09:07:45
Chery Automobile Co will break new ground in Latin America when its $200 million factory in Venezuela starts producing vehicles for the region later this year, a move seen as further enhancing foothold in the overseas market of the automaker.
Checks on land trades to control prices
2011-05-31 09:02:14
The Ministry of Land and Resources (MLR) said Monday that it will check land transactions completed since the beginning of the year to monitor unusual price fluctuations and prevent rebounds in residential land prices.
Beijing's second-hand housing transactions hit new low
2011-05-30 17:23:23
Beijing's monthly second-hand housing transaction volume only totaled 7,077 as of May 28, according to statistics released by bjfdc.gov.cn, hexun.com reported Monday.
China raises commercial power prices
2011-05-30 17:14:37
China has raised prices of electricity for industrial use in some regions by around 20 yuan ($3.08) per 1,000 kilowatt-hour, said the country's top economic planner on Monday.
Foreign staff to be covered by social insurance
2011-05-30 17:11:49
China is drafting details of the Social Insurance Law that will allow it to apply to foreign employees, a senior official with the Ministry of Human Resources and Social Security said Monday.
China to be the world's second largest movie market
2011-05-30 16:49:19
China will become the world's second largest movie market in the next five years, Shanghai Securities News reported on Monday, citing data from the China Film Association (CFA).
Hong Kong stocks close 0.29% higher
2011-05-30 16:49:07
Hong Kong stocks gained 66.25 points, or 0.29 percent, to close at 23,184.32 on Monday.
Int'l New Energy Equipment Expo opens in Lanzhou
2011-05-30 16:09:20
The 4th China Northwest International New Energy Equipment Manufacturing Expo opened in Lanzhou on Sunday.
China makes world's largest wind turbine
2011-05-30 16:04:37
A Sinovel made 6mW wind turbine prototype, fresh off the production line, can be used in onshore, offshore and inter-tidal wind farms, Tao Gang, vice-president of Sinovel Wind Group Co Ltd, said Monday.
NZ company fined for misleading label
2011-05-30 15:59:40
A company that imported Chinese powdered royal jelly into New Zealand, and sold it in capsules claiming it was "Made in New Zealand" has been fined 11,400 NZ dollars ($9,137) for violating the country's Fair Trading Act.
Chinese shares close lower on Monday
2011-05-30 15:52:57
Chinese shares fell for the eighth consecutive trading day on Monday, with the benchmark Shanghai Composite Index down 0.13 percent, or 3.59 points, to 2,706.36.