Households wary of investments: Survey

2011-07-18 10:54:33

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).

Airlines quick to drop discounts

2011-07-18 10:20:40

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.

Vietnamese chefs cook up a storm

2011-07-18 10:06:20

Sweet and spicy Vietnamese food enjoyed much popularity among Europeans, and Phodaiz plans to promote it to a wider Chinese audience.

Used car market in turmoil

2011-07-18 09:08:51

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.

China's auto industry caught in dilemma

2011-07-18 09:06:10

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 to pilot carbon emission trading

2011-07-18 09:38:25

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.

Sitting in the lap of luxury

2011-07-18 09:05:41

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.

China hails WTO ruling against EU duties

2011-07-16 17:25:27

The Ministry of Commerce welcomed the World Trade Organization ruling that the European Union is illegally taxing Chinese steel fasteners. 

China to check affordable housing implementation

2011-07-16 14:44:56

China's housing authority has ordered local governments to check whether policies on affordable housing have been implemented. 

China insurance premium tops 800b yuan in H1

2011-07-16 14:25:18

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. 

Local govt sign deals with US

2011-07-16 11:55:19

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. 

Govt spends chunk of GDP on education

2011-07-16 11:16:47

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.