China stocks close mixed Friday

2011-07-01 15:53:08

Chinese shares closed mixed Friday with the benchmark Shanghai Composite Index down 0.1 percent, or 2.71 points, to close at 2,759.36.

60m people exempt from paying tax after amendment

2011-07-01 10:02:00

The number of people who have to pay personal income tax will reduce from 84 million to 24 million after China raised the monthly personal income tax threshold. Tax threshold in surprise increase

Three market-oriented ways to energy saving

2011-06-30 17:23:15

China is going to reveal an energy-saving and environment protection plan very soon. It will apply three market-oriented approaches to ensure products meet the energy-saving requirements, 21st Century Business Herald reported Thursday.

Beijing-Shanghai rail to spur economic growth

2011-06-30 16:46:27

The Beijing-Shanghai high-speed railway, which started its fresh trip at 3 pm Thursday, will create a new economic growth belt along 1,318 kilometers of rail lines. Video

1t yuan for urban rail

2011-06-30 13:13:00

China hopes to invest more than 1 trillion yuan ($155 billion) by 2015 for 96 planned urban rail lines covering 2,500 kilometers, the Beijing Morning Post reported.

Shanghai won't change family planning policy

2011-06-30 11:09:38

Authorities in Shanghai have refused to relax the city's strict family planning policy despite calls to allow all couples the right to have a second child, the Oriental Morning Post reported.

300,000-yuan reward to help capture gunman

2011-06-29 09:48:18

A 300,000-yuan ($46,000) reward has been offered to help capture a gunman who shot a man in Changsha, the capital of Central China's Hunan province, the Beijing News reported Wednesday.

Coca-Cola price hike won't affect China

2011-06-28 17:40:03

A US price hike by soft drink giant Coca-Cola won't affect Coca-Cola prices in China, China Business News reported Tuesday.

Official confident in China’s IPO market

2011-06-28 16:30:32

China became the world’s largest initial public offering (IPO) market in 2010 and will cement this position during the next 10 years, the Guangzhou-based Yangcheng Evening News reported Monday, citing an official from the country’s securities watchdog.

2,000 yuan pickle only a sales gimmick

2011-06-28 16:25:01

A report released by Citic Securities Co Ltd (CITICS) on an exorbitantly priced mustard tuber, a kind of pickle popular in China, is a stunt as the product has been on sale for several years and has little effect on the producer's profits.

Official apology for doctored photo

2011-06-28 11:21:01

Government of Huili county, Southwest China's Sichuan province apologized for posing a doctored picture of its officials on Monday, Xinhua News Agency reported.

Man seeks help over stingy wife

2011-06-28 10:51:39

A 41-year-old man surnamed Chen knocked at the door of a women's organization to ask for help to deal with his wife and her penny-pinching habits, the Wuhan Evening News reported.