Call for more realistic fiscal budgets, powers
2013-03-23 00:06:25
Local governments need to be given fiscal powers commensurate with their spending responsibilities, a group of mayors from Zhejiang province have said.
Coastal resort embraces surging Russian tourists
2013-03-22 17:23:43
Russian tourists are flocking to China's southernmost costal resort of Sanya in Hainan province as they seek tropical beaches and get away from their country's winter chill.
Wal-Mart to close two stores in China
2013-03-22 16:37:51
Wal-Mart Stores Inc said on Friday that it will close two stores in China next month, one of which is located in Wuxi city and the other in Shenzhen.
Starbucks upbeat about China
2013-03-22 09:03:02
Coffee giant has 'no doubt' nation will become its second-largest market after US.
Overseas boom for builders
2013-03-22 01:49:12
Overseas business by Chinese contractors registered double-digit growth in 2012, with the total value of their new contracts reaching $156.5 billion.
Tencent shifts attention to smartphones
2013-03-21 07:33:59
Tencent Holdings Ltd, China's biggest Internet company, is shifting its focus from personal computers to smartphones, following trends in changing user activities.
Brewing up the right recipe for success
2013-03-21 07:33:59
In 2012, Chinese beer breweries produced 49.02 million kiloliters, outnumbering the US as the world's largest beer market.
Wuxi court declares Suntech bankrupt
2013-03-21 03:34:56
Suntech, one of the world's biggest solar panel manufacturers, was declared bankrupt on Wednesday, ringing alarm bells in the nation's solar industry.
Train tickets may cost more than air travel
2013-03-20 01:18:47
Traveling by train could become more expensive than flying after the reform of China's railways authorities, a top engineer said.
Shale gas to spark equipment boom
2013-03-20 00:09:01
China's shale gas development will bring business opportunities to the related equipment manufacturing industry with a market value of 3 billion yuan this year.
Harder push likely on yuan, says HSBC
2013-03-19 05:36:58
HSBC Holdings PLC expects China to push harder for the yuan's convertibility and trading freedom as part of nation's goal to make yuan a global reserve currency.
City property prices in monthly surge
2013-03-19 01:35:17
Most major cities reported a sharp monthly rise in property prices in February, fueled by demand outstripping supply, analysts said.