Traditional Chinese medicine R&D gets boost

2012-08-02 16:08:28

The development of the TCM industry got a boost after the NDRC approved eight research and development projects on Aug 1, six of which in the TCM sector.

Shenzhen Development Bank now Ping An Bank

2012-08-02 15:56:33

Shenzhen Development Bank Co Ltd renamed as Ping An Bank Co Ltd Wednesday after it merged with the bank under Ping An Insurance (Group) Co of China Ltd.

Apple continues dominance in tablet market: IDC

2012-08-02 15:28:50

Apple's mobile devices take 75 percent of total profit among all mobile devices worldwide, while its shipment only accounts for 9 percent of the total, says Bob Carrigan, CEO of IDG Communications, in today's speech in Macworld Asia 2012 in Beijing.

Host blames rule for badminton farce

2012-08-02 11:26:32

CCTV news anchor Bai Yansong has come to the defense of the eight female Olympic badminton players who were disqualified from the Games for intentionally trying to lose their early matches, Sina Sports reported.

Party secretary takes aim on PLA anniversary

2012-08-02 10:39:33

Wang Yang, Party secretary of Guangdong province shoots a rifle during a Military Day on Aug 1, 2012 at a camp in the province.

Beijing home to most wealthy people in China

2012-08-01 17:51:17

One out of every 1,300 people in China has a million yuan or more, according to the Hurun Wealth Report 2012, which was released on Tuesday.

Carbon credit program launched in Shanghai

2012-08-01 17:45:30

Shanghai municipal government issued guidelines for a pilot carbon trade market that will allow companies to buy and sell carbon credits.

$1.2m loan to preserve Confucius birthplace

2012-08-01 17:00:22

The ancient birthplace of the great Chinese philosopher Confucius will be preserved under a 7.5 million yuan ($1.2 million) investment loan.

Chinese labor costs remain advantages

2012-07-31 17:36:02

Although labor costs in China are gradually losing their advantage, the advantage will still remain for a period of time, reported People’s Daily Overseas Edition on Tuesday.

More channels open for foreign investors

2012-07-31 11:22:05

More financial channels in the Chinese mainland are being opened for foreign investors, in a move to better support stable economic growth.

New loans to hit 700b yuan in July

2012-07-30 18:00:27

New loans are estimated to hit around 700 billion yuan ($109.9 billion) in July, according to an authoritative source,reported Economic Information Daily on Monday.

China may have largest shale gas reserves

2012-07-30 16:30:29

China may have the world's largest minable shale gas reserves, about 20 percent of the world's total, according to a report published on the website of the Ministry of Land and Resources on July 30.