China's geothermal energy market set to boom
2011-06-16 15:49:10
China will list the geothermal energy as renewable clean energy in the National 12th Five-Year Energy Plan (2011-2015), with a goal to supply heating to 350 million square meters in the next five years, which has an expected market size of around $ 10.8 billion.
China Southern Airlines makes debut flight to Vancouver
2011-06-16 15:33:36
China Southern Airlines entered the Canadian market Wednesday when its inaugural flight to Vancouver touched down with 282 passengers aboard.
China's stocks close down 1.52% on Thursday
2011-06-16 15:24:44
Chinese shares closed lower on Thursday with the benchmark Shanghai Composite Index down 1.52 percent, or 41.15 points, at 2,664.28.
China's funds outstanding for foreign exchanges up in May
2011-06-16 15:24:20
The People's Bank of China (PBOC), the central bank, said Thursday the country's yuan funds stemming from foreign exchanges grew quicker in May as the newly increased funds in the month hit $57.9 billion.
Rising pork prices heightens inflation concerns
2011-06-16 15:09:59
Since early May pork prices in China have kept rising mainly due to the cyclical live-pig supply shortage and higher costs for pig feed caused by rising grain prices.
China to be largest growth market for Starwood
2011-06-16 15:08:10
Starwood Hotels & Resorts Worldwide Inc (HOT), which opened China's first international-branded hotel 26 years ago, expects the nation to be its largest growth market in the next three to four years as it adds more properties.
Warner Bros offer films in China
2011-06-16 14:21:19
Warner Bros Entertainment will begin offering its new releases and catalog films to Chinese consumers this summer in a tieup with its Chinese partner, marking its advance into China.
Lower tariffs might boost luxury buys
2011-06-16 14:02:30
A proposal to lower China’s import tariffs might lead to an increase in spending on luxury consumer goods, China Business News reported Thursday.
Chinese debate income tax exemption plan
2011-06-16 13:57:18
Chinese citizens around the country have been debating a proposal to raise the threshold for individual income tax exemption to 3,000 yuan per month.
Yuan to facilitate business with other economies
2011-06-16 13:54:18
Chief Executive of the Hong Kong Monetary Authority (HKMA) Norman Chan on Wednesday said here that the use of Chinese currency Renminbi will facilitate the business between China and emerging market economies.
Taking inflation by the horns
2011-06-16 13:23:56
Two types of inflation have pushed the CPI to a historic high, namely, imported inflation and cost-push inflation.
Beijing to Shanghai speed to hit 350km/h
2011-06-16 13:18:57
The operating speed of the much-anticipated Beijing-Shanghai high-speed railway is likely to reach 350 km/h in the future, said a senior railway official.