Business - China Daily

Economy & Politics - Reserves may aid buyouts

By Wang Xiaotian — 10 Mar 2012 08:55:46 +0800

China is in position to direct more foreign capital toward acquisitions

Real Estate - Early year property sales retreat

By Hu Yuanyuan — 10 Mar 2012 08:46:48 +0800

Home sales and property investment in China both slowed in the first two months of the year, as the correction in the real estate market deepened because of the government's continuing curbs on the property market.

Economy & Politics - Spring finally blossoms in Shanghai

By Shi Jing — 13 Mar 2012 09:39:29 +0800

It seems that the Year of the Dragon has stolen spring.

Economy & Politics - Rediscovering old Shanghai

By Wu Yiyao — 13 Mar 2012 08:49:56 +0800

A newly opened pizza joint in Shanghai sought publicity and got a lot more than it expected.

Financial - Room for further RRR cuts

By Wang Xiaotian in Beijing and Oswald Chen in Hong Kong — 13 Mar 2012 08:27:38 +0800

But market liquidity must be taken into account, says central bank chief.

Media & Technology - Web video leaders in surprise marriage

By Chen Limin in Hong Kong — 13 Mar 2012 08:23:22 +0800

Increasing competition in China's online video market has pushed the two biggest players to a merger that will create the largest company in the industry.

Financial - Fears over US consumer debt

Agencies — 12 Mar 2012 08:59:49 +0800

Concern over some banks' proposals to pay dividends and buy back shares.

Economy & Politics - Tourism chiefs call for easier US visa application forms

By Wang Zhuoqiong — 12 Mar 2012 08:36:42 +0800

Experts say visitor numbers would grow if policy was more simplified.

Healthcare - In search of a healthy growth model

By Liu Jie in Xi'an — 12 Mar 2012 08:30:10 +0800

Manufacturers of TCM are adapting to survive in the global marketplace.

Economy & Politics - February CPI declines to 3.2%

By Wei Tian — 10 Mar 2012 08:41:20 +0800

1st time monthly inflation rate has fallen below 4% since October 2010

Media & Technology - iPad2 sales may rise on high price of new device

By Chen Limin in Hong Kong and Tang Zhihao in Shanghai — 09 Mar 2012 08:24:06 +0800

Potential mainland customers wait for release of product with excitement.

Market Updates - Baidu's Robin Li richest on mainland

By Ma Liyao in New York — 09 Mar 2012 08:21:24 +0800

The Internet magnate ranks 86th globally on Forbes' list with $10.2 billion.

Economy & Politics - Survey: Fewer women in executive posts

By Wang Zhuoqiong — 08 Mar 2012 08:27:54 +0800

Number declines from year before but remains above world average.

Economy & Politics - Trade off to slow start but target 'achievable'

By Ding Qingfen — 08 Mar 2012 08:15:39 +0800

China's foreign trade in the first two months of 2012 expanded 7 percent year-on-year, and the nation's 10 percent growth target for imports and exports this year is "achievable", said Minister of Commerce Chen Deming on Wednesday.

Economy & Politics - Import taxes 'will be cut' this year

By Ding Qingfen — 07 Mar 2012 08:38:54 +0800

Move to help boost domestic consumption, top official says.

Transportation - Bullet trains still on the fast track

By Tuo Yannan — 07 Mar 2012 08:21:19 +0800

China will launch nine new lines for bullet trains by the end of this year, indicating that the country will not change its plans for railways in the 12th Five-Year Plan (2011-15) despite a fatal bullet train crash in July, a railway official said on Monday.

Energy & Environment - PV outlook darkens in Europe

By Ding Qingfen — 07 Mar 2012 08:19:40 +0800

Officials believe investigation will deal huge blow to Chinese exporters.

Transportation - COSCO forms strong anchor for Boston port

By Zhang Yuwei — 06 Mar 2012 08:25:42 +0800

China Ocean Shipping (Group) Company, or COSCO, the largest shipping group of China, has been recognized in Massachusetts for its contribution in helping the ailing US economy and job market.

Financial - Stock delisting procedure on track

By Chen Jia — 06 Mar 2012 08:21:26 +0800

Top securities regulator wants to set up sound, fair market for investors.

Media & Technology - Tablets topple netbooks

By He Wei — 05 Mar 2012 08:30:01 +0800

Computer fight moves on to portability and touch screen.

Materials - Letting the grain take the strain

By Zhou Siyu — 05 Mar 2012 08:25:26 +0800

The central government has thrown the focus firmly on food security this year.

Economy & Politics - China reduces holdings of US government bonds

By Wei Tian — 03 Mar 2012 08:09:05 +0800

China has made the first annual reduction in its holdings of US Treasury bonds in a decade. Experts are viewing the move as a sign that the country is accelerating the move away from dollar assets in search of more diversified investment channels.

Financial - Cross-border scheme for yuan settlement extended

By Gao Changxin — 03 Mar 2012 08:05:25 +0800

The People's Bank of China on Friday again expanded the yuan-denominated cross-border trade settlement scheme, in a move that will further promote the use of the Chinese currency in foreign trade and its rise as a global currency.

Manufacturing - Ceramic makers seek legal aid to fight anti-dumping probe

By Qiu Quanlin — 02 Mar 2012 08:22:33 +0800

Household ceramics companies in Guangdong province are preparing to mount a legal response to an anti-dumping investigation initiated by the European Union, industry insiders said.

Energy & Environment - Auction to boost shale gas exploration

By Zhou Yan — 02 Mar 2012 08:12:28 +0800

Ministry plans to open 25 blocks in 10 provinces, regions to woo bidders.

Economy & Politics - China to support tech sectors

By Li Jiabao and Wu Yiyao — 01 Mar 2012 08:33:39 +0800

Nation to speed up development of competitive advantages, says ministry official.

Economy & Politics - City explains housing rule 're-explanation

By Hu Yuanyuan and Wang Ying — 01 Mar 2012 08:30:26 +0800

China's real estate policies will remain tight this year and the recent quickened pace of property transactions is not likely to last long, industry insiders said on Wednesday.

Economy & Politics - China to cultivate biofuel use

By Zhou Yan — 29 Feb 2012 09:01:16 +0800

New fuels will reduce greenhouse gas emissions in airline industry.

Economy & Politics - China investment set to increase

By Li Wenfang — 29 Feb 2012 08:56:50 +0800

Members of the American Chamber of Commerce in southern China plan to invest more in China in the coming years despite a sluggish global economy, according to a survey published on Tuesday.

Economy & Politics - Iron ore prices 'to weaken'

By Du Juan — 29 Feb 2012 08:55:39 +0800

Domestic market continues to contract; growth in output slows.

Energy & Environment - Nation on the path to efficient use of energy

By Tuo Yannan and Lan Lan — 28 Feb 2012 09:50:24 +0800

China aims to curb its energy consumption for each unit of industrial output by 21 percent during the period of the 12th Five-Year Plan (2011-15), the Ministry of Industry and Information Technology said on Monday.

Economy & Politics - 'It's time for revamp of financial system'

By Wang Xiaotian — 28 Feb 2012 09:47:16 +0800

World Bank report urges liberalized interest rates and fiscal transparency.

Economy & Politics - Big boom in tailor-made clothes

By Li Woke — 27 Feb 2012 09:28:41 +0800

Customers from around the world discover they are cheaper than off-the-peg department store garments and provide a better fit.

Economy & Politics - The new software that's animating industries

By Tuo Yannan — 27 Feb 2012 09:26:24 +0800

The use of 3D graphics is radically altering the way we view our lives.

Economy & Politics - Protectionism and disputes 'will rise'

By Fu Jing — 27 Feb 2012 09:24:03 +0800

More law suits predicted as the EU economy continues to ship water.

Transportation - On the runway to success

By Xie Yu — 25 Feb 2012 09:02:35 +0800

Thirty years ago, when Jane McBride first got behind the controls of her father's airplane, she felt hardly any fear about the daunting task before her.

Energy & Environment - Domestic solar market to expand

By Du Juan — 25 Feb 2012 09:00:29 +0800

Plan intends to promote PV industry as production capacity goals set.

Economy & Politics - Housewives spend more in 2011, mostly on travel and investment

By Wang Zhuoqiong — 24 Feb 2012 09:04:22 +0800

Chinese housewives, who traditionally hold the purse strings, spent more last year, with most of the increase going into trips and investments in stocks and real estate, a report has found.

Economy & Politics - 'Chance' to open capital account

By Wang Xiaotian — 24 Feb 2012 09:02:23 +0800

Waiting for perfect timing could mean reform 'never' happens: Study.

Economy & Politics - Developed countries targeted for FDI

By Ding Qingfen — 23 Feb 2012 08:44:02 +0800

'Grim outlook' for first six months prompts new govt approach.

Real Estate - City 'clarifies' policy on second-home purchases

By Wang Ying — 23 Feb 2012 08:26:53 +0800

Shanghai report cheers up housing agents, boosts stocks in the sector.

Economy & Politics - Aid to Europe likely through IMF

By Wang Xiaotian — 23 Feb 2012 08:21:10 +0800

China will help Europe through the International Monetary Fund as long as other countries also make contributions toward the same end, a senior IMF official said in Beijing on Wednesday.

Media & Technology - Film agreement offers reel opportunities

By Huang Ying — 22 Feb 2012 08:33:10 +0800

The recent agreement to allow screenings of an increased number of United States-made movies in Chinese theaters will simultaneously provide both opportunities and challenges to Chinese film makers and theaters, analysts said.

Energy & Environment - Nuclear safety improvement a priority

By Liu Yiyu — 22 Feb 2012 08:23:55 +0800

New plan paves way for renewed expansion after Japanese disaster.

Economy & Politics - Inflation hits people's pockets

By Chen Jia — 21 Feb 2012 08:35:51 +0800

Even leaving money in banks is unsafe because deposit interest rates are lower than the CPI.

Consumer Goods & Retail - Sudden NBA stardom signals big haul for Lin

By Wang Wen — 21 Feb 2012 08:31:09 +0800

Jeremy Lin, who has rocketed to stardom in the NBA, has become a hot ticket in the sports business sector, especially in China.

Economy & Politics - Vintners looking for a another vintage year

By Wang Zhuoqiong — 20 Feb 2012 09:45:53 +0800

The sharp drop in the price of the legendary wine Chateau Lafite hit a bottom in 2011 and the price has registered a slight increase, according to a report from a Chinese wine exchange.

Economy & Politics - Crops in cyberspace

By Du Juan — 20 Feb 2012 09:34:26 +0800

The Internet has changed the way small communities can profit from sales of agricultural produce

Economy & Politics - Reform good for service sectors

By Wei Tian and Xie Yu — 18 Feb 2012 08:56:31 +0800

Vice-Premier Li Keqiang on Friday reiterated the urgency of extending Shanghai's pilot value-added tax reform across the nation to promote a better and faster development of the service sector.

Media & Technology - Apple's share of Chinese smartphone market declines

By Lee Chyen Yee and Huang Yuntao — 18 Feb 2012 08:27:03 +0800

Apple Inc's share of China's smartphone market slipped for a second straight quarter between October and December.

Consumer Goods & Retail - Diamonds set to sparkle

By Zhou Yan — 18 Feb 2012 08:24:20 +0800

Rising demand will make China major importer of gemstones.

Consumer Goods & Retail - China goes for the gold

By Oswald Chen — 17 Feb 2012 08:29:32 +0800

Country likely to surpass India in demand for precious metal in 2012.

Economy & Politics - Exports face difficult outlook in 1st quarter

By Li Jiabao — 17 Feb 2012 08:22:33 +0800

Government takes steps as demand in developed countries stays weak.

Economy & Politics - Investment 'will continue'

By Zheng Yangpeng — 16 Feb 2012 08:24:21 +0800

Central bank chief urges Europe to offer China more attractive products.

Economy & Politics - Experts: EU statement opens door to status

By Fu Jing and Ding Qingfen — 16 Feb 2012 08:21:08 +0800

Beijing and Brussels are showing an "unusual determination" to grant China market economy status quickly but the path toward that goal is still unknown, Chinese and European experts say.

Manufacturing - Freezing weather heats up demand for down products

By Shi Jing — 15 Feb 2012 08:33:07 +0800

Down product companies in Zhejiang province are working flat-out to provide warm products to customers in Europe and other places where the weather has been bone-chilling.

Economy & Politics - Eurozone downgrades 'won't deter' investment

By Wei Tian — 15 Feb 2012 08:27:28 +0800

Crisis seen as opportunity to take part in global financial restructuring.

Real Estate - Wuhu scraps week-old housing policy

By Wang Ying — 14 Feb 2012 08:27:21 +0800

A third-tier city in eastern Anhui province has called an abrupt halt to a housing policy that was announced only last week.

Economy & Politics - CBRC weighs debt extensions

By Chen Jia and Wang Xiaotian — 14 Feb 2012 08:16:49 +0800

Bad loans set to be restructured and gradually resolved, experts predict.

Consumer Goods & Retail - Direct purchase plans help farmers grow bigger profits

By Tang Zhihao — 13 Feb 2012 10:30:45 +0800

For Zhang Youhai, a 33-year-old pomelo grower in Meizhou, Guangdong province, one of his happiest memories of 2011 was having all his produce sold through the government's farmer-supermarket direct purchase program at an early negotiated price.

Economy & Politics - Valentine's Day 'will boost business'

By Tang Zhihao — 13 Feb 2012 10:29:10 +0800

Chocolates and flowers said to be high on the list of priorities for young sweethearts.

Economy & Politics - New camera lines look set to snap up the photo market

By He Wei and Tuo Yannan — 13 Feb 2012 10:20:26 +0800

Mini SLRs don't have the bulk of the professional devices, but they do the same job.

Economy & Politics - US short-sellers muddy the waters

By Cai Xiao — 13 Feb 2012 10:17:26 +0800

Convergence of accounting rules could help firms lose 'fraud' label.