Lifting consumption top priority for 2012

2012-01-06 07:42:08

Expanding China's domestic consumption will be a priority of the government's economic work this year.

Weak export hits 2011 trade surplus

2012-01-06 07:12:00

China's trade surplus narrowed to $160 billion in 2011 as export demand weakened in US and Europe.

Yuan expected to rise more this year

2012-01-06 07:42:08

The value of the yuan will fluctuate greatly but ultimately appreciate by 2% to 3% against the greenback

'Time to diversify' crude sources

2012-01-06 07:42:08

With tensions rising between Western countries and Iran and geo-political risks increasing, it's time for China to further diversify its crude oil import sources

Oil windfall tax threshold raised to $55

2012-01-06 04:45:08

The levy will be set at a progressive rate between 20 and 40 percent on the excess of the average realized oil price from a base of $55 per barrel.

New capital rules for banks 'delayed to 2H'

2012-01-05 08:00:34

Current economic conditions said to lead officials to rethink timing

iPhone 4S to hit China market

2012-01-05 10:04:57

Apple announced that iPhone 4S will be available in China and 21 other countries as of Jan 13.

Ministry predicts new surge in ODI

2012-01-05 07:18:25

Outbound direct investment for 2011-15 is expected to register double-digit annual growth.

Big cities' home prices slide again

2012-01-05 08:00:34

A new report shows average property prices in the country's 100 biggest cities fell further last month, sliding 0.25 percent from November.

More trade friction ahead as protectionism surges

2012-01-05 02:30:13

Chinese exporters are likely to encounter more trade barriers in 2012 as trade protectionism resurges, the Ministry of Commerce said.

Risk high on agenda of financial meeting

2012-01-04 07:50:12

Risk control is expected to be a chief topic during the approaching two-day National Financial Work Conference.

Power shortfalls 'to persist'

2012-01-04 07:51:08

Coal prices 'will rebound' after government controls expire.