Date
25 February 2020

World

  • GDP must be above 7% to create 12 mln jobs, website says

    Jan 6, 2014 12:44pm
    China will have to maintain the gross domestic product growth above 7 percent this year to create up to 12 million jobs and keep the unemployment rate within 4.6 percent, news website Caijing.com reported Monday, citing...
  • Fewer candidates take graduate entrance test, paper says

    Jan 6, 2014 12:42pm
    The number of candidates sitting the national graduate school entrance exam has dropped for the first time in five years, possibly due to the end of free postgraduate courses, China Daily reported Monday. The Ministry of Education said 1.72...
  • China disciplinary bodies spent less in 2013, Xinhua says

    Jan 6, 2014 10:03am
    China’s disciplinary and supervisory organs spent significantly less in 2013 amid the nation’s anti-extravagance drive, Xinhua news agency reported on Sunday. Money spent on receptions, meetings and printing decreased by 61 percent, 59 percent and 13 percent...
  • 357 businessmen found involved in crimes in 2013, magazine says

    Jan 6, 2014 9:00am
    A total of 357 businessmen, 75 percent of which are in private sector, were found involved in various crimes in 2013, Legal Daily’s Faren Magazine reported Sunday, citing a survey on business crimes jointly conducted by...
  • Qianhai gets some administrative approval rights, paper says

    Jan 6, 2014 8:59am
    Shenzhen’s Qianhai special financial zone has been granted nine administrative approval rights that were previously in the hands of provincial-level authorities, China Business News reported Monday, citing Wang Jinxia, liaison director of the zone. The move...
  • China acts on back wages of migrant workers, Xinhua says

    Jan 6, 2014 8:52am
    China will take action to ensure migrant workers get their wages in time for the upcoming Spring Festival, Xinhua news agency reported Sunday, citing the Ministry of Human Resources and Social Security. The ministry, joining hands...
  • Big four December new loans hit 180 bln yuan, paper says

    Jan 6, 2014 8:22am
    China’s big four state-owned banks — Industrial & Commercial Bank of China Ltd. (ICBC) (01398.HK, 601398.CN), Agricultural Bank of China Ltd. (01288.HK, 601288.CN), Bank of China Ltd. (03988.HK, 601988.CN) and China Construction Bank Corp. (00939.HK, 601939.CN)...
  • Major corruption prosecutions up last year, paper says

    Jan 6, 2014 8:08am
    China’s procuratorial authorities investigated 27,236 embezzlement and bribery cases between January and November last year, sentencing 36,907 people, China Daily reported Monday, citing a statement from the Supreme People’s Procuratorate the previous day. Of those cases, 80...
  • Shanghai, Zhejiang report H7N9 human infections, govt says

    Jan 6, 2014 7:44am
    Health authorities in Shanghai and Zhejiang provinces reported one human H7N9 infection each over the weekend, the government said on its official website. The Shanghai patient is an 86-year-old man and the Zhejiang one is a...
  • BDO China's Zhang Decai expects mainland firms to step up overseas M&A activity this year.

    China outbound M&A deals to pick up along with IPOs

    - Jan 6, 2014 6:45am
    Chinese outbound mergers and acquisitions (M&A) activity will pick up pace this year in tandem with the initial public offerings (IPO) market as the government reopens the financing tap, according to industry consultants and observers. “M&A...
  • Ensuring food safety has become a top priority of China's top leaders. Photo: Bloomberg

    POLICY WATCH: Govt steps up food and drug safety campaign

    - Jan 3, 2014 5:53pm
    Local governments across China are undertaking a massive revamp of their food and drug administration systems after the nation’s top leaders gave top priority to the issue. The Shanghai, Anhui, Zhejiang and Heilongjiang governments are in...
  • China introduces tiered pricing to save water, NDRC says

    Jan 3, 2014 5:07pm
    All cities in China should be charging tiered prices for household water supply by the end of 2015, to encourage people to use less water, according to guidelines jointly published by the National Development and Reform...
  • China will push the corporate bond market to reduce the funding pressure on banks. Photo: Bloomberg

    POLICY WATCH: Bond market push for corporates

    - Jan 3, 2014 4:37pm
    China will encourage enterprises to look to the bond market for new funding this year, rather than rely on bank borrowings, amid relatively tight liquidity in the banking system. The National Development and Reform Commission (NDRC),...
  • Several provinces gearing up for urbanization push, paper says

    Jan 3, 2014 12:07pm
    As many as ten provinces including Sichuan, Heilongjiang, Gansu, Shaanxi and Guangxi have held work conferences on urbanization goals and plans, National Business Daily reported Friday. According to estimates from China Development Bank (CDB), the capital...
  • H5N1 bird flu outbreak confirmed in Guizhou, Xinhua says

    Jan 3, 2014 12:00pm
    An outbreak of H5N1 bird flu on a farm in Libo county, Guizhou province, killed 8,500 chickens on Dec. 27, Xinhua reported Thursday, citing the Ministry of Agriculture. The National Avian Influenza Reference Laboratory confirmed the epidemic...
  • Dec non-manufacturing PMI falls to 3-month low, NBS says

    Jan 3, 2014 11:09am
    China’s non-manufacturing purchasing managers’ index, a gauge of business activity, fell to a three-month low of 54.6 in December from 56.0 in the previous month, the National Bureau of Statistics said in a statement on its...
  • Local govts urged to set scientific two-child policies, CNS says

    Jan 3, 2014 11:08am
    Local governments should set their two-child policies in a scientific manner, China News Service reported Thursday, citing an online statement from the National Health and Family Planning Commission. The commission also asked relevant local bodies to...
  • Fewer illegal publications found last year, Xinhua says

    Jan 3, 2014 10:02am
    China’s Office of the National Work Group for Combating Pornography and Illegal Publications has confiscated 20.53 million copies of illegal publications last year, Xinhua news agency reported Thursday, citing data published by the office the same...
  • Suspended death sentence for former rail official, paper says

    Jan 3, 2014 9:24am
    A former senior railway official in the Inner Mongolia Autonomous Region was handed a suspended death sentence at the end of last month for taking 130 million yuan (US$21.49 million) in bribes over a two-year period,...
  • Arsonist attacks China consulate in San Francisco, website says

    Jan 3, 2014 9:15am
    An arsonist set fire to the front door of the Chinese consulate in San Francisco at about 9.25pm Wednesday, government portal gov.cn reported Thursday. Police officers, firefighters and officers from the U.S. State Department’s Bureau of Diplomatic...