China's oversea projects see big rise in cost

2011-07-07 15:38:01

The infrastructure costs of Karara, a project jointly developed by Anshan Iron and Steel Group and Gindalbie Metals Ltd, went up significantly more than first estimated, the 21st Century Business Herald reported Wednesday.

Ministry sets up culture fund

2011-07-07 14:08:06

China has established the first State-level investment fund targeting the cultural industry as part of its effort to develop the sector.

Chinese firms raise $1.9b in US

2011-07-07 11:14:00

Led by a number of Internet companies, Chinese IPOs surged in the US in the first half of this year, Modern Express reported Thursday.

Private firms power half of China’s GDP

2011-07-07 11:11:39

China's private firms contribute more than 50 percent of the country's GDP, the Securities Daily reported Thursday, citing a senior official.

Drunken driving cases down amid harsh penalties

2011-07-07 11:10:34

Deaths caused by drunken driving and driving under the influence both dropped more than 30 percent since harsher punishments on drunk drivers took effect on May 1, the Beijing Times reported Thursday.

Li Na repays prize money to her hometown

2011-07-06 22:56:21

China's new sports idol Li Na, famous for her generosity of off-court wit, is also generous with her prize money as she donated 500,000 yuan to the Wuhan rest home in her hometown.

Coal price sees 1st drop in 3 months

2011-07-06 15:45:09

In late June, the price of power coal dropped up to 20 yuan per ton in the east coast region, the first decrease in three months, China Securities Journal reported on Wednesday.

CCTV host slams Lv Liping’s gay slur

2011-07-06 15:29:26

In an uncharacteristically bold move, a host on CCTV news has called for tolerance and respect towards homosexuality following the recent online slurs by award-winning actress Lv Liping.

China launches energy-saving reconstruction in 40 cities

2011-07-06 14:25:11

China's Ministry of Housing and Urban-Rural Development selected 40 key cities for the public building energy-saving reconstruction project during the 12th Five-Year period, China Securities Journal reported Wednesday.

Parasitic worm found in Chinese woman’s brain

2011-07-06 13:55:08

Removing a parasitic worm from someone’s brain sounds like a scene from a movie, but it happened in reality in China’s Jiangsu province.

Nokia lowers smartphone prices

2011-07-06 11:33:36

Nokia Corp lowered the price of all its smartphones to save its decreasing market share, reported on Tuesday.

20,000 students in summer internship program

2011-07-06 11:23:34

More than 20,000 college students are part of an internship program offered by Chongqing Municipal Government this summer, China Youth Daily reported Wednesday.