China releases plan to create 45m jobs

2012-02-08 14:28:54

The plan aims to create 45 million jobs and keep the registered urban unemployment rate within 5 percent.

Beijing tops New York in office rent

2012-02-08 16:57:26

Beijing has become the fifth most expensive city in the world in terms of prime office rent after an eye-popping 75 percent price rise in 2011.

Gasoline and diesel prices raised

2012-02-08 09:10:41

China raised the ceiling for retail gasoline and diesel prices for the first time this year in tandem with international crude oil hikes.

MOC: Exports still driving growth

2012-02-08 08:06:08

Nation to seek continuity, stability in its policies for processing trade.

China growth estimate for 2012 cut to 8.25%

2012-02-07 09:02:53

IMF also downgrades prospects for global economy because of euro crisis.

Airlines told not to pay EU green tax

2012-02-07 09:16:30

Domestic airlines have been banned from complying with the European Union's scheme to impose charges on carbon emissions from flights to and from Europe, the civil aviation authority said on Monday.

Retailers set for difficult times ahead

2012-02-07 09:21:48

Retailers in the Chinese mainland may be in a long, cold winter, as a depressed stock market and gloomy predictions for the global economy dampened consumer enthusiasm, analysts said.

Li Ning to reduce staff to lower costs

2012-02-07 09:46:54

China's homegrown sports brand Li Ning Co Ltd has announced that it will reduce staff numbers to rein in costs after it had predicted its revenue for 2011 had fallen by 6 to 7 percent year-on-year.

China bans airlines into EU carbon scheme

2012-02-06 10:23:40

China's airlines are not allowed to pay a charge on carbon emissions imposed by the Europe Union(EU), and neither to hike freights nor to add other fees accordingly without government permission, the Civil Aviation Administration of China (CAAC) said Monday.

Hongqi to reclaim role as official ride?

2012-02-06 10:03:44

New Hongqi sedans made by FAW Group are likely to be used as standard ministerial-level officials cars as part of government demonstration efforts.

Vanke Jan home sales tumble 40%

2012-02-06 09:51:04

China Vanke Co, the country's largest property developer by market value, saw home sales slump 39.3 percent year-on-year to 12.2 billion yuan ($1.96 billion) in January.

VW forms new investment company

2012-02-06 09:53:44

German automaker Volkswagen is preparing to expand financial services in China to tap new business opportunities in after-sales services, car rentals and electric vehicles.