Date
21 February 2020

World

  • Govt backs holidays to boost consumption, paper says

    Oct 18, 2013 8:23am
    The Ministry of Commerce said the week-long National Day holiday should not be canceled without any justifiable reason as it contributes a lot to consumption, Beijing News reported Friday, citing ministry spokesman Shen Danyang. China is banking...
  • China pushes jobs for military spouses, Xinhua says

    Oct 18, 2013 8:10am
    Local government agencies and public institutions should recruit trailing qualified spouses of military service personnel, Xinhua reported Thursday, citing directives from the State Council and the Central Military Commission. Civil servants or employees of public institutions relocated...
  • ARATS chief to visit Taiwan next month, paper says

    Oct 18, 2013 6:55am
    Chen Deming {陳德銘}, chairman of the mainland’s Association for Relations Across the Taiwan Straits (ARATS), is set to make an official visit to Taiwan as soon as November and will meet Wang Yuqi {王郁琦}, chairman of...
  • In some surveys

    POLICY WATCH: ‘Golden week’ holiday sparks row

    - Oct 18, 2013 6:47am
    Public holiday arrangements may seem the last thing the ruling Chinese Communist Party needs to worry about. Not true. An ongoing nationwide views-gathering exercise launched by a CPC national committee on statutory public holidays has sparked...
  • China to join TISA talks, govt says

    Oct 17, 2013 2:57pm
    China has formally announced it will join US-led Trade in Services Agreement (TISA) talks to update the rules on the US$4 trillion annual trade in global services, government-backed news portal China.com.cn reported Thursday, citing commerce ministry...
  • ICBC launches new wealth management product, paper says

    Oct 17, 2013 1:59pm
    Industrial & Commercial Bank of China (ICBC) (01398.HK, 601398.CN) has launched an investment product for high net worth customers that allows them to invest up to 70 percent of their assets directly in bonds and equities,...
  • China Sept FDI up 4.9% to US$8.84 bln, govt says

    Oct 17, 2013 12:39pm
    China attracted US$8.84 billion of foreign direct investment (FDI) in September, up 4.9 percent from a year earlier, the Ministry of Commerce said in a statement on Thursday. In the first three quarters, FDI rose 6.2...
  • Famed Yunnan internet commentator arrested, govt. says

    Oct 17, 2013 12:38pm
    The Ministry of Public Security said on its website Thursday that Dong Rubin, a well-known online commentator in Yunnan who posts under the name “Bianmin”, was arrested for falsely reporting registered capital and illegally operating a...
  • China’s CPI in check for 2013, 2014, paper says

    Oct 17, 2013 10:26am
    China looks set to keep the consumer price index within 3.5 percent this year, even though there are still two months to go, the Securities Times reported Thursday, citing Yao Jingyuan, former chief economist at the...
  • RMB midpoint softens to 6.1431 per US dollar

    Oct 17, 2013 9:46am
    The People’s Bank of China set the renminbi’s daily midpoint at 6.1431 against the US dollar on Thursday, 23 pips softer than Wednesday’s 6.1408 fixing, according to the China Foreign Exchange Trade System. The renminbi is...
  • China to promote eco-friendly industry, paper says

    Oct 17, 2013 9:18am
    China to promote eco-friendly industry, paper says China is expected to roll out a slew of measures to promote the development of eco-friendly industries in the near term, the China Securities Journal reported Thursday, citing unnamed...
  • Four in every five Chinese centenarians are women, report says

    Oct 17, 2013 8:55am
    About four-fifths of the more than 54,000 living Chinese centenarians are women, and a 127-year-old woman from northwest China is the oldest of them all, Xinhua news agency reported Wednesday, citing statistics from the Geriatric Society of...
  • China may roll out pension reforms in March, paper says

    Oct 17, 2013 8:55am
    China is likely to roll out a pension reform plan in March next year, as the financial burden from the country’s aging population rises, National Business Daily reported Thursday, citing sources. Several ministries and think tanks...
  • Nanjing mayor under scrutiny for economic crimes, paper says

    Oct 17, 2013 8:27am
    Ji Jianye, mayor of Nanjing, Jiangsu province, is being investigated by the Communist Party’s top disciplinary watchdog over economic crimes, People’s Daily reported Thursday. Officials in Nanjing were not surprised about the investigation into Ji because...
  • PBoC sees strong pressure for credit expansion, paper says

    Oct 17, 2013 7:37am
    Pressure for credit expansion remains high due to the fast growth of new loans in recent months as well as rising trade surplus and capital inflows, the Economic Information Daily reported Thursday, citing a statement issued...
  • Reporter receives death threats over Wenzhou stories, paper says

    Oct 16, 2013 2:31pm
    Chen Zhouxi, a reporter from China Business News, has received death threats after he published a series of stories about the declining home prices in Wenzhou, the Zhejiang city known for its robust private sector, China...
  • Govt eyes 2.22 bln yuan for public services, statement says

    Oct 16, 2013 1:48pm
    The Ministry of Finance will allocate 2.22 billion yuan (US$363.87 million) to support public services including health care and elderly care, it said in a statement on the government website Wednesday. Priority will be given to...
  • Drop in visitors on Canton Fair’s first day, report says

    Oct 16, 2013 11:32am
    Visitor numbers were down by a large margin on the first day of the China Import and Export Fair, also known as the Canton Fair, a sign that overseas demand remains weak, Economic Information Daily reported...
  • China in for tough 5-year economic transition, paper says

    Oct 16, 2013 10:05am
    The next five to eight years will be a difficult transitional period for China’s economy as the country weeds out overcapacity, Economic Information Daily reported Wednesday, citing National Development and Reform Commission researcher Zhang Yansheng. Zhang said if...
  • China cabinet promises information transparency, Xinhua says

    Oct 16, 2013 8:51am
    The State Council, China’s cabinet, on Tuesday promised to improve information transparency to better respond to people’s concerns and boost the government’s credibility, Xinhua news agency reported Wednesday, citing a circular. The cabinet warned that some...