CNOOC buys LNG from BG Group

2013-05-07 15:05:26

CNOOC announced it has signed an agreement worth $1.93 billion to buy liquefied natural gas from BG Group and increased its stake in BG's LNG project in Australia.

Foster family program for homeless children

2013-05-07 14:29:23

Families in Guangzhou may serve as foster parents for homeless children if they qualify, Guangzhou Daily reported Tuesday.

Beijing offers plan to raise cabbies' income

2013-05-07 12:37:18

The starting taxi fare in Beijing is likely to be raised from the current 10 yuan ($1.60) to 13 yuan, in an effort to raise the income of taxi drivers.

Hot-pot restaurants involved in fake lamb scandal

2013-05-06 15:24:55

Tainted lamb productshave been used in well-known hot-pot restaurants such as Little Sheep, Macao Hot Pot and Dai Mei.

CRC reports $1.12 billion loss in Q1

2013-05-03 15:53:53

China Railway Corp made a loss of 6.88 billion yuan ($1.12 billion) in the first quarter, as freight growth slowed, according to its quarterly report.

Regulators issue financing vehicles warning

2013-05-03 15:32:00

Risks related to loans to local governments through financing vehicles are generally "controllable", while financing through non-bank channels by these vehicles should be watched closely, Chinese banking regulators said.

Tax revenue on property surges in Q1

2013-05-01 13:38:34

Levies from property transactions rocketed in the first quarter despite generally sluggish growth in tax revenue, as the property market heated up.

Pork price drops to 30-month low

2013-05-01 13:29:24

Pork prices in China, the world's largest pork producer and consumer, have been declining since mid-February and reached their lowest point since January 2011 on Tuesday.

Toyota FT-HT world premiere at Shanghai auto show

2013-04-26 11:33:13

Toyota's FT-HT concept car, a four-door hybrid exclusively designed for the Chinese market, made its global debut on April 20 at the ongoing Shanghai auto show 2013.

Beijing officials to sweep streets

2013-04-25 15:56:28

The city of Beijing will kick off a spring cleanup campaign on Thursday, urging all officials to set an example by getting involved in street cleaning.

Property tax may be expanded

2013-04-25 15:05:20

Second-tier cities with rapidly increasing housing prices might be subjected to property tax, business newspaper China Times reported.

Lenovo targets unit sales of 100 million

2013-04-25 13:34:04

Lenovo Group, the world's second-largest personal computer manufacturer by market share, is eyeing a challenge to Apple and Samsung ahead of predicted dramatic sales growth.