SOEs to have stricter work safety standards
2011-05-20 13:10:32
China announced on Thursday it's requiring the nation's State-owned enterprises (SOEs) to implement stricter work safety standards over the next five years in order to reduce casualties resulting from accidents.
Penglai field to reach peak production
2011-05-20 13:09:34
The US oil and gas energy company ConocoPhillips Co expects the Penglai 19-3 field in Bohai Bay, China's biggest offshore oil discovery, to reach a production peak this year of more than 150,000 barrels daily, said a top company executive.
Hong Kong jobless rate rises slightly
2011-05-20 13:07:03
The jobless rate in Hong Kong for the three months ended April rose slightly due to increased labor force outpacing total employment, the Census and Statistics Department of Hong Kong Special Administrative Region said here on Thursday
Nuclear crisis raises China's aquatic product export
2011-05-20 11:25:57
China's aquatic product exports rose significantly in March, as Japan's nuclear leak crisis prompted consumers to look for other sources, official data showed on Thursday.
Severe challenges for China's SMEs
2011-05-20 11:22:44
China's small and medium-sized enterprises (SMEs) are facing staggering operational challenges as they are hit by increasing production costs and tight monetary policies, said officials and economists on Thursday.
Fosun buys in luxury retailer Folli Follie
2011-05-20 11:17:29
Fosun International, one of the largest privately owned conglomerates in China, further expands its overseas presence by acquiring a 9.5 percent equity stake in Greece-based jewelry and luxury goods retailer Folli Follie Group (FFG).
China's high saving rate risks overheating
2011-05-20 11:11:21
China's high saving rate may lead to high investment, which could in turn trigger overheating and overcapacity in some fields, or even asset bubbles, said Zhou Xiaochuan, governor of the People's Bank of China.
Sandvik still sees opportunities in nuclear power
2011-05-20 11:08:07
The international engineering group Sandvik AB still sees the development of nuclear power as one of its important business opportunities in China, according to the company's president and chief executive officer.
China orders check into land expropriation
2011-05-20 11:03:02
China's State Council has ordered a prompt special investigation into land expropriations and house demolition practices around the country, in order to put an end to illegal forced demolitions.
Markets fall on interest rate, costs concerns
2011-05-20 10:51:04
Stocks of Chinese mainland fell for the first time in three days, led by property developers and power producers, on concern the central bank will boost borrowing costs and higher energy costs will hurt corporate earnings.
IMF should better reflect emerging markets
2011-05-20 10:47:11
China's central bank governor on Thursday said the high-level leadership structure of the International Monetary Fund (IMF) should better reflect the changes in the global economic layout and emerging markets.
Market exchange rates in China -- May 20
2011-05-20 10:44:17
The following are the central parity rates of the Renminbi (RMB) against seven major currencies announced Friday by the China Foreign Exchange Trading System.