Middle-class families play significant roles in China nowadays, and they tend to manage their growing wealth more rationally in the face of a rising consumer price index (CPI).
Seeing a string of malfunctions and ensuing delays on the Beijing-Shanghai high-speed railway in the past week, domestic airlines stopped giving deep discounts and started charging higher prices for air tickets between the two cities over the weekend.
Sweet and spicy Vietnamese food enjoyed much popularity among Europeans, and Phodaiz plans to promote it to a wider Chinese audience.
A second-hand Volkswagen Bora is on sale in Beijing for 210,000 yuan ($32,308), more than double the price of a new model, because of strict limits on car purchases in the capital.
The stunning growth of the world's largest auto market over the past two years has created some serious problems: grid-lock, pollution and energy shortages.
Used car market in turmoil
China will start a pilot carbon emissions trading project, and gradually set up a carbon emissions trading market, said a top climate change official at a major international conference on Sunday.
As if tuned to the tempo of the conductor's baton, the orchestra of the world's top fashion houses is playing a crescendo of price increases with surprising gusto.
The Ministry of Commerce welcomed the World Trade Organization ruling that the European Union is illegally taxing Chinese steel fasteners.
China's housing authority has ordered local governments to check whether policies on affordable housing have been implemented.
Chinese insurance companies' premium income topped 805.66 billion yuan in the first half of the year, up 13 percent year on year, the China Insurance Regulatory Commission said.
At least 20 agreements were inked between local governments of China and the US at a grand signing ceremony on Thursday at Little America Hotel.
China spent an amount equal to 3.69 percent of the country's GDP on education in 2010, a senior official of the Ministry of Finance said on Friday.