Local government borrowing up

2012-03-07 07:52:28

Local governments are borrowing ever more from banks.

Sinopec to develop Xinjiang oil

2012-03-06 17:17:58

China Petroleum and Chemical Corporation plans to invest 53 billion yuan to boost oil and gas production in Xinjiang.

China's debt-to-GDP ratio hits 43%

2012-03-06 17:14:04

China's government debt amounts to about 17.5 trillion yuan, about 43% of its gross domestic product.

Chery exports jump almost 60% in Feb

2012-03-06 17:15:04

Chinese carmaker Chery Automobile said its overseas shipments jumped 56.7 percent year-on-year to 11,035 units last month.

Proposed special fund for SMEs

2012-03-06 16:09:09

China's central government should set up a fund of 500 billion yuan to help SMEs tackle the financial difficulties they are facing.

Jilin to strengthen European ties

2012-03-06 15:56:33

Jilin province is keen to strengthen its cooperation with Europe.

Chinese overseas spending surges

2012-03-06 15:41:50

Su Ning, board chairman of China UnionPay said that overseas consumption from China continued to surge dramatically last year.

Quality is Job No 1 for economy

2012-03-06 15:41:23

The most important task facing China's economy in 2012 is to improve the quality of economic growth.

China to 'safely and effectively' develop nuclear power

2012-03-06 15:31:25

Premier Wen Jiabao said to the top legislature that China will "safely and effectively" develop nuclear power.

China will continue to invest in euro zone

2012-03-06 14:20:17

China is confident about the euro zone and will continue to invest in the euro zone.

Coast guard needed for maritime disputes

2012-03-06 13:29:40

China should set up a coast guard to cope with the "increasingly challenging" maritime disputes.

Government raises education spending

2012-03-06 13:24:00

The central government will spend 4 percent of the country's GDP on education this year.