New loans to top trillion-yuan mark in Jan

2013-01-17 23:46:49

New lending in January is likely to exceed 1 trillion yuan ($159 billion), as credit demand backed by investment projects surges and banks' willingness to lend at the start of the year increases.

Tougher penalties to put taxi industry on right track

2013-01-17 23:43:24

Beijing taxi drivers have reacted angrily to strict new penalties aimed at cleaning up the industry.

Turnstile jumpers taking free rides

2013-01-17 23:43:24

Lan Tian, spokesman for Shanghai Metro's operation management center, told China Daily that during rush hour more than 50 inspectors check the city's metro stations to ensure commuters pay for their rides.

Chinese marine economy to hit 10% of GDP by 2015

2013-01-17 22:07:42

China is aiming to expand its marine economy output to 10 percent of its GDP by 2015, according to a government plan issued Thursday.

Organ brokers receive up to four years in prison

2013-01-17 21:39:40

A court in Poyang county, East China's Jiangxi province, sentenced four people to up to four years in prison for organizing trade in organs, Jiangnan City Daily reported on Thursday.

Couriers revenue surpasses $16 billion

2013-01-17 21:32:25

Major Chinese couriers' sales figures last year hit 100 billion yuan ($16 billion) for the first time since the industry was created in the 1980s.

Spring Festival to see 35.5m plane trips

2013-01-17 20:30:41

As many as 35.5 million plane trips will be made in China during the six-week Spring Festival travel period, the Civil Aviation Administration of China (CAAC) forecast on Thursday.

Alibaba denies talking to banks about IPO

2013-01-17 19:50:34

Alibaba Group Holding Ltd, China's biggest e-commerce company, denied a report that it is in talks with investment banks for an initial public offering.

Zoo visitors disturb crocodiles

2013-01-17 19:17:46

Hibernating crocodiles were stoned by visitors at a zoo in Shenzhen, Guangdong province, because the sightseers wanted to check they were alive.

Seven dead in company bus accident

2013-01-17 19:06:01

Seven people were killed after two company buses collided in Zhengzhou, Henan province, on Jan 17.

China urges Japan to improve ties

2013-01-17 17:44:35

A spokesman for China's Foreign Ministry on Thursday urged Japan to make concrete efforts and take effective measures to resolve tensions over the Diaoyu Islands and improve bilateral relations. Ex-Japan PM apologizes for wartime crimes

China plans 650b yuan in rail investment

2013-01-17 16:00:11

The Chinese government plans to invest 650 billion yuan ($103.56 billion) in railway construction this year, nearly equivalent to the amount spent last year.