Retailers report better results in June

2012-07-10 15:21:26

The top 50 Chinese retail companies reported 17 percent revenue growth in June compared to the same time last year, the highest growth rate this year.

260m chronic patients cause 85% of deaths

2012-07-10 11:07:51

China has around 260 million people suffering from chronic diseases which are responsible 85 percent of all deaths, Beijing Times reported Tuesday citing a Ministry of Health report.

Shanghai buses will soon have WiFi

2012-07-10 09:51:07

China Telecom, one of China's major telecom providers, and Shanghai's bus agency plan to offer WiFi access on Shanghai's public buses, according to a China Telecom branch in Shanghai.

Minimum salaries grown slower in China

2012-07-09 17:53:09

China's minimum salaries have grown slower in 2012 when compared to last year due to the economic slowdown.

Fund to inject $157m into Chinese cultural firms

2012-07-09 17:14:10

The China Culture Industry Investment Fund plans to plough $157 million into Chinese cultural and media enterprises over the next six months.

China auto rental got funding after IPO suspended

2012-07-09 17:06:23

China Auto Rental Holdings Inc, the country's top car-rental provider, announced on Monday it has received $200 million from US-based private equity firm Warburg Pincus LLC.

CCTV: Dangdang sells fake Casio watches

2012-07-09 15:42:50

Dangdang, one of China's major online stores, sells fake Casio watches, China Central Television reported Sunday.

Maritime administration weak in Sansha

2012-07-09 14:50:41

The establishment of the prefectural-level Sansha city will help enhance the weak maritime administration in Xisha, Zhongsha and Nansha islands in the South China Sea.

Land market at lowest point in three years

2012-07-06 16:10:25

Land sales revenue, a barometer of the developers' confidence, is at its lowest point in three years due to shrinking supply, especially in first-tier cities.

Brazil impose tariffs on Chinese footwear

2012-07-06 15:36:09

Brazil decided on July 4 to impose tariffs of up to 182 percent on footwear parts and accessories from China.

China's 2011 average salaries revealed

2012-07-06 15:16:30

Beijing tops the list of employees' salary with an average monthly pay of 4,672 yuan ($730) among the 23 provinces and cities that recently published the statistics.

IEA: China to lead renewable energy development

2012-07-06 14:44:15

China will lead the world’s renewable energy development, accounting for 40 percent of the growth from 2011 to 2017, according to a report published by the International Energy Agency on July 5.