Personal revenue in China is likely to double in the five years to 2015 due to increasing social welfare and rising wages, says the chief economist at Bank of China International, Cao Yuanzheng.
Shanghai Charity Foundation responded to criticism about the distribution of funds for the victims of the fire in Shanghai last year
Pork prices in China rose to a record high of 26.22 yuan ($4.1 yuan) a kilogram last week, according to figures from the Ministry of Commerce.
Liang Wengen, chairman of Sany Heavy Industry Co., tops the Hurun Rich List 2011, China's equivalent of the Forbes list.
As the national Teachers Day in China approaches, parents have been urged not to present gifts to teachers for the occasion
The latest version of the British luxury yacht brand Sunseeker, Manhattan 63, has arrived in Ningbo after the order was made by a Ningbo hotel months ago.
Tourist trips during the National Day holiday (Oct 1-7) are expected to total 300 million, a year-on-year increase of 20 percent.
The People's Bank of China said it would continue to implement a prudent monetary policy as inflationary pressures still remains high.
Beijing’s housing inventory rose to 110,000 units on Sep 2, on sagging sales and new property projects.
The Ministry of Science and Technology is expected to announce an injection of 350 million yuan into the rare earth material industry.
China's private lending is booming as mainstream banks tighten up loan standards.
A couple in their 60s are planning a trip around the world in their homemade solar-powered tricycle.