19 April 2018


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    The Big Picture: TIANANMEN CAR CRASH

    - Oct 29, 2013 8:48am
    Security has been tightened in Beijing and police officials are on high alert after a sports utility vehicle crashed and exploded in the heavily guarded Tiananmen Square Monday afternoon, killing at least five people and injuring...
  • Tianjin tops Jan-Sept GDP growth list, CNS says

    Oct 29, 2013 8:42am
    Tianjin led China’s provinces and major cities in GDP growth in the first three quarters, with its economy expanding 12.6 percent compared with the same time last year, China News Service reported Monday, citing data from...
  • Five dead, 38 injured in Tiananmen car crash, paper says

    Oct 29, 2013 7:39am
    At least five people died and 38 others were injured when a car crashed and erupted into flames in front of the Tiananmen rostrum in Beijing on Monday, the Hong Kong Economic Journal reported Tuesday. It...
  • SOE, financial sector reform to top CPC meet agenda, report says

    Oct 29, 2013 7:39am
    Reforms related to state-owned enterprises (SOEs) and the financial sector are expected to top the agenda of the upcoming 3rd plenary session of the 18th CPC Central Committee, China Economic Weekly reported Tuesday, citing unnamed sources....
  • Chinese Premier Li Keqiang has stressed the need to consolidate the gains of the past with more reforms. Photo: Reuters

    POLICY WATCH: Staying the course on reforms

    - Oct 29, 2013 6:43am
    Encouraged by the recent positive data, China’s leaders plan to push the reforms button further to provide fresh impetus to the economy and lay the ground for long-term sustainable growth. Outlining the need for more action was...
  • More Chinese to head offshore to study, paper says

    Oct 29, 2013 6:41am
    More than 450,000 Chinese students are projected to head overseas to study this year, up from last year’s total of 399,600, China Daily reported Monday, citing an education official. Zong Wa, deputy secretary general of the China...
  • Govt think tank points to 8 reform areas, Xinhua says

    Oct 29, 2013 6:35am
    The Development Research Center of the State Council has identified eight key areas for reform in a report released ahead of the Communist Party’s Central Committee plenum next month, Xinhua reported Monday. The central government think tank...
  • XLX inks deal for off-season fertilizer reserve, statement says

    Oct 28, 2013 3:04pm
    China XLX Fertiliser Ltd. (01866.HK), the country’s fourth largest coal-based urea producer, has been selected by the National Development and Reform Commission and the Ministry of Finance to maintain 200,000 metric tons of off-season commercial reserves...
  • Three killed in Tiananmen vehicle crash, Xinhua says

    Oct 28, 2013 2:40pm
    A driver and two passengers were killed when their wayward jeep plowed into a crowd and caught fire in front of Tiananmen Rostrum in Beijing Monday noon, Xinhua news agency reported. Several visitors to the tourist...
  • Shanghai to trim FTZ’s off-limits list, paper says

    Oct 28, 2013 2:01pm
    Restrictions will be loosened eventually on businesses allowed in the Shanghai free trade zone (FTZ), National Business Daily reported Monday, quoting the city’s mayor, Yang Xiong {楊雄}. Yang said that as the zone opens up, policies will...
  • Foreign investment in Tianjin up 15.8% Jan-Sept, Xinhua says

    Oct 28, 2013 1:53pm
    The Tianjin Municipal Commission of Commerce said 450 direct investment projects that involved foreign capital were approved during the nine months to September, involving total investment of US$12.654 billion, Xinhua news agency reported Monday. Such investment represents an...
  • Phoenix Healthcare mulls US$200 mln HK IPO, paper says

    Oct 28, 2013 11:07am
    Mainland hospital investment firm Phoenix Healthcare Group is planning an initial public offering on the Hong Kong stock exchange this year to raise at least US$200 million, Apple Daily reported Monday, citing people with knowledge of...
  • KMT urges cross-strait free trade links, Xinhua says

    Oct 28, 2013 10:45am
    Taiwan’s ruling Kuomintang (KMT) party has urged comprehensive cooperation between a pilot economic area on the island and the Shanghai free trade zone as well three other economic zones in eastern China’s Fujian and Jiangsu provinces, Xinhua...
  • Anti-graft activists to go on trial, Reuters says

    Oct 28, 2013 10:38am
    Three Chinese anti-graft activists pushing for officials to disclose their assets go on trial on Monday in the first case of its kind, Reuters reported Sunday. Liu Ping, Li Sihua and Wei Zhongping were detained in late...
  • ‘Eldergartens’ ease worries over senior citizens, Xinhua says

    Oct 28, 2013 10:11am
    Nursing homes that bear more resemblance to kindergartens than traditional elder care facilities have been sprouting up in China’s urban communities, Xinhua news agency reported on Sunday. When they leave for work in the morning, young people...
  • China nuclear subs begin sea patrols, report says

    Oct 28, 2013 10:01am
    China has said its first fleet of nuclear submarines has started sea patrols, in the latest sign of the growing confidence of the country’s military, Financial Times reported on Sunday. The official Xinhua news agency released photographs...
  • Fujian investment plan fuels fresh local debt fears, paper says

    Oct 28, 2013 9:50am
    An initiative by Fujian province to follow Sichuan and earmark nearly four trillion yuan (US$657.6 billion) for a stimulus package has drawn sharp rebuke from Chinese state media, The Standard reported Monday. An article carried by Xinhua...
  • Chinese No.1 in spending in S Korea duty-free shops, Yonhap says

    Oct 28, 2013 9:42am
    Chinese visitors to South Korea spent a total of US$863.38 million in Korean duty-free shops in the first seven months of this year, surpassing the US$845.75 million spent by locals for the first time and topping...
  • Shanghai FTZ may pilot free yuan convertibility, paper says

    Oct 28, 2013 8:17am
    The Shanghai free trade zone is likely to pilot a program to allow free renminbi convertibility under the capital account, the Securities Times reported Monday, citing unnamed sources. Banks and other financial institutions in the zone...
  • Govt to revamp company capital registration system, Xinhua says

    Oct 28, 2013 8:09am
    The central government will overhaul the corporate capital registration in a bid to lower start-up costs and stimulate private investment, Xinhua reported Sunday, citing deliberations at a State Council standing committee meeting chaired by Premier Li...

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