China investigates offshore oil spills

2011-07-05 18:14:25

The spill at Penglai 19-3 oilfield in Bohai Bay in East China had caused a "certain" degree of environment pollution to the surrounding area, said the State Oceanic Administration Tuesday, but the leak is under control now. Fishing industry braces for oil-leak impact

Mainland tourists contribute $3.2 billion to Taiwan

2011-07-05 17:14:28

Travelers from the Chinese mainland are estimated to have contributed $3.25 billion to Taiwan by March 2011 since a travel ban between the two sides was lifted in July 2008, the Xinhuanet reported Tuesday.

China releases new index for iron ore

2011-07-05 15:39:39

A research website for the steel industry in China launched the China Iron Ore Index, Beijing Times reported on Tuesday.

China adds micro-business category

2011-07-05 11:15:54

China's top economic regulators subdivided categories of small and medium-sized enterprises (SMEs) by adding a "micro-sized enterprises" category, the Oriental Morning Post reported on Tuesday.

Man captured after supermarket blast

2011-07-05 11:08:23

A man who detonated remote-controlled explosives in a supermarket locker has been arrested by police, reported.

Survey: Perception rises on European models

2011-07-04 17:28:52

More Chinese customers intend to buy cars from European manufacturers as fewer consider Japanese and domestic Chinese models, according to a study recently released by J.D. Power Asia Pacific.

At least 15 killed in traffic collision in C China

2011-07-04 14:54:44

The death toll in a road accident in central China's Hubei province has risen to 26 while 31 others were injured. The bus then overturned and caught fire after it was hit by a truck.

Estee Lauder Group raises cosmetic prices

2011-07-04 13:12:57

From July 1, Estee Lauder Group has raised the prices of its cosmetic brands,which include Estee Lauder, Clinique, MAC and Origins, by eight percent to ten percent on average, The Beijing News reported Monday.

Year-to-date sales surge for major developers

2011-07-04 13:11:04

Sales of China's top 10 property developers totaled 332.3 billion yuan ($49.41 billion) in the first half of 2011, up 80 percent year-on-year, the China Securities Journal reported Monday, citing a report of the China Real Estate Information Corporation.

Plan to rebuild Di'anmen canceled

2011-07-04 10:54:11

A plan announced by Beijing Municipal Administration of Cultural Heritage to rebuild Di'anmen, a missing gate on the capital's central axis, has been cancelled as it may disrupt traffic.

China likely to announce interest rate hikes in Q3

2011-07-02 19:32:20

China is likely to raise its benchmark interest rate one or two times during the third quarter of this year to contain inflationary pressures, the Beijing Times reported on Saturday.

ChiNext Index closes up - July 1

2011-07-01 16:01:51

The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, rose 9.35 points, or 1.11 percent to finish at 855.27 on Friday.