Deluxe Family earnings soar in H1

2011-07-18 11:07:04

Deluxe Family Co Ltd, a Shanghai-listed housing developer, realized 559 million yuan ($95.33 million) of net profits in the first half of this year, up over 88 times from the same period last year, according to the company's half year report.

Gymnast down on his luck ends up on the street

2011-07-16 17:57:42

A former champion gymnast was chased out of Wangfujing commercial street area by Beijing police after engaging in unauthorized begging and street performance on July 14, the Beijing Times reported.

Subway to force relocation of 300 trees

2011-07-15 17:52:06

A proposal to make way for subway construction in Nanjing, the capital of East China's Jiangsu province, calls for 303 trees to be removed and replanted, reported Thursday.

Income growth contributes to higher income tax revenue

2011-07-15 14:17:07

China collected 355.48 billion yuan of personal income tax revenue in the first half of this year, up 92.9 billion yuan or 35.4 percent year-on-year, said the Ministry of Finance on July 14, 2011.

China still using 1995 elevator standard

2011-07-15 13:55:24

China is still using an outdated standard that Europe adopted in 1995 for its elevators, but a new one is expected to be issued in the near future, said an expert.

COFCO raises stake in Mengniu

2011-07-15 13:36:02

COFCO Corporation bought another 142 million shares of China Mengniu Diary Co Ltd for around HK$3.59 billion, raising its stake in the dairy producer to 28.04 percent, the Shanghai Securities News reported Friday.

Headquarter's ballroom for singing, dancing police

2011-07-15 11:10:42

The police bureau of Jingjiang city, East China's Jiangsu province, has specially set up a ballroom in its office building to meet the demand of some police officers who like singing, the Yangzi Evening News reported Friday.

Property loans halted in 2nd and 3rd-tier cities

2011-07-14 17:00:06

Commercial banks are halting individual property loans in the face of tightening monetary policy and limited lending quota, the China Securities Journal reported Thursday.

China launches 1st int'l railway standard

2011-07-14 16:01:06

An international standard drafted by China South Locomotive and Rolling Stock Industry Group Corp (CSR) on overhead railway contact lines was permitted by the International Electrotechnical Commission (IEC), Beijing Daily reported on Thursday.

Cost of living in Beijing higher than New York

2011-07-14 15:35:59

The results of a survey showed that the cost of living in Beijing is higher than in New York for expatriates.

'Tiger dad' cheers for kids' brutal fight

2011-07-14 14:50:43

The image of a little gril ruthlessly beating up her younger cousin on the ground was disturbing enough. What's more, her father was standing there, cheering. He even took a video before putting it online, for what he said was a tiger dad's teaching.

Sina microblog named hottest consumer brand

2011-07-14 14:10:27

Sina's microblog is the most popular brand for Chinese consumers this year, reported on Wednesday, citing a survey by Nikkei Business Publications Inc.