Foreigners' ownership of homes to be restricted

2012-02-03 09:37:43

People from overseas hoping to buy a home in China will no longer be granted medium- or long-term mortgages.

Facebook IPO likely to boost SNS

2012-02-03 09:32:20

Facebook's planned initial public offering is likely to give impetus to China's social networking service and boost its development.

Holiday gift market is booming

2012-02-03 10:14:01

The demand in the Chinese gift market was as much as $122 billion in 2011, and the Spring Festival accounted for up to 60 percent of this huge market.

New hot spot for luxury-goods buyers

2012-02-03 09:35:47

Along with Beijing and Shanghai, Guangzhou in Guangdong province, is rising to be another hot spot for buyers of luxury goods.

China mulls more efforts in EU debt

2012-02-02 20:02:59

China is considering "involving itself more deeply into" the efforts to address Europe's debt issue through channels like the European Financial Stability Facility (EFSF) and the European Stability Mechanism (ESM).

Housing prices pushed down again

2012-02-02 09:05:03

China's home prices fell for a fifth month in January as the government maintained its curbs on the property sector and more developers cut prices to stimulate sales.

China vows to aid small businesses

2012-02-02 09:19:30

China's State Council on Wednesday called for more efforts to support the sound development of small and micro-sized enterprises.

Fiscal policy to maintain steady growth

2012-02-02 07:49:30

The focus of further fiscal operations will fall on structural tax cuts, experts said.

Uptick in official PMI 'signals stabilization'

2012-02-02 07:49:30

The index rose to 50.5 in December, showing the pace of economic moderation was stabilizing.

Scientific input to seed agriculture

2012-02-02 09:22:15

China vowed to renew its efforts to improve agriculture through science and technology as part of a major effort to boost the country's agricultural production and increase farmers' incomes.

PMI rises to 50.5 in Jan

2012-02-01 13:32:31

China's January Purchasing Managers' Index (PMI) rose to a higher-than-expected level of 50.5 from 50.3 in December, indicating an expansion in the manufacturing sector despite the weak demand from European countries struggling with the debt crisis.

Maintaining proactive fiscal policy 'necessary'

2012-02-02 03:23:33

It is both necessary and possible for China to maintain a proactive fiscal policy this year, Chinese Finance Minister said.