Mongolia close to decision on Tavan Tolgoi unit

2011-07-02 11:16:52

Mongolia said on Thursday that it has reduced the number of shortlisted bidders seeking to develop the prized Tavan Tolgoi coking coal mine to three and that Chinese and Russian groups are still in the running.

Crackdown on IPR infringement is set to continue

2011-07-02 09:42:50

As part of China's nine-month campaign to combat the infringement of intellectual property rights (IPR), the nation has implemented legalization of the software in its 135 central authorities, said the Ministry of Commerce on Friday.

China's ports will remain number one

2011-07-02 09:41:12

Chinese ports will remain the busiest in the world this year, although sluggish economic recovery in the United States and the European Union (EU) will dent their container volume growth, according to an outlook report by the Chinese Academy of Sciences.

Oil spilled at offshore fields in Bohai Bay

2011-07-02 10:43:31

Authorities confirmed that an offshore oilfield in Bohai Bay had spilled oil but they have "effectively controlled" the leak.

Property firms come under price pressure

2011-07-02 10:28:05

The mid-sized listed developer Beijing Capital Development Co is under pressure to cut new home prices later in 2011 to support sales and ride out China's property tightening measures, a senior executive said on Friday.

Monetary policy likely to remain tight, says CICC

2011-07-02 09:18:46

China's monetary policy will remain tight for the rest of the year but the risk of a "hard landing" for the economy is small, the top-ranked brokerage China International Capital Corp (CICC) said on Friday.

Markets get a boost from June PMI data

2011-07-02 09:04:34

Most stocks on the Chinese mainland rose on Friday, capping a second week of gains for the benchmark index. The advance came on speculation the government will refrain from raising interest rates after manufacturing expanded at the slowest pace since February 2009.

Manufacturing production slows

2011-07-02 09:04:01

China's manufacturing production fell to a 28-month low in June, indicating a sizeable slowdown in economic growth against a recent background of soaring inflation.

Ministries' budgets lack detailed data

2011-07-02 08:50:18

Central government agencies spent 9.47 billion yuan ($1.46 billion) in 2010 on publicly financed vehicles, official receptions and overseas trips, according to the Ministry of Finance.

Warrior redux

2011-07-01 14:12:46

Xi'an's Lintong district helps terracotta army finds its way into people's homes

Powered by star attraction

2011-07-01 13:44:51

Mingyuan Garden is like many other residential communities in the northern suburb of Xi'an, capital of northwest Shaanxi province.

Green makeover

2011-07-01 13:36:01

Cleanup of Xi'an wasteland pays off for ancient city