South Korea's YIN news channel has reported that Yeonpyeong Island was attacked by dozens of artillery shells shot by its northern neighbor this afternoon, leaving four solders and two civilians injured and damaging dozens of buildings and residential hou
A reporter with the New Express has learned from an anonymous source that the National Development and Reform Commission is considering reforming the way the central government's car pool is managed. Atthis year's National Peoples Congress, the central co
China's annual Central Economic Work Conference will convene sometime over the coming weeks . Some analysts have predicted that China's monetary policy might be fine-tuned at the meeting, which takes place towards the end of every year in Beijing and invo
The State Council has released a notice ordering local governments and related ministerial agencies to take 16 measures to stabilize commodity prices. The measures include increasing the supply of agricultural products, reducing the logistics costs of agr
Qin Hong, deputy director of the policy research center of the Ministry of Housing and Rural-Urban Development, said in the Annual Meeting of China’s Property Sector in Shenzhen that housing prices have not dropped because of inflation, but prices will st
The Ministry of Industry and Information Technology has circulated a notice criticizing Qihoo 360 and Tencent for unfair competition methods and cutting off service to customers. The Ministry also claimed that it will cooperate with related ministerial ag
A reporter from Huaxi Metropolis Daily learned from an anonymous source that the basic framework of the wage bill has been drafted and industrial monopolies will be required to publish the salaries of their employees. Industrial monopolies will also be re
The People's Bank of China, the country's central bank, posted a notice to its official website at about 6pm this evening announcing that it had decided to increase the reserve ratio of deposit-taking financial institutions by 0.5 percentage points, as of
The China Earthquake Administration has confirmed that today at 14:42 a 2.8 magnitude earthquake struck Shenzhen. Areas surrounding Shenzhen including Guangzhou and Hong Kong also felt the quake. No damage has been reported.
Kang Rixin, former manager of the China National Nuclear Corporation, was handed a life sentence by Beijing's No. 1 Intermediate People's Court, on charges of accepting around 6.6 million yuan worth of bribes.
The Supreme People's Procuratorate has released a notice today requiring procuratorial agencies at upper and lower levels to review cases where criminals used their profession to commit a crime and reduce the number of temporary suspensions and imprisonme
Provincial governments will be given limited tax management rights and local governments will have access to increased tax revenue during the 12th Five-Year Plan period, according an article written by Xie Xuren, Minister of Finance, published in Qiushi m
Five ministerial agencies, including the Ministry of Public Security, the Ministry of Supervision, the State-owned Asset Supervision and Administration and the China Securities Regulatory Commission, will cooperate to crack down on insider trading. The mi
Foreign companies will soon be required to pay an urban maintenance tax and an additional education tax. Xinhua News Agency published an article advising foreign enterprises to stop complaining about the altered investment climate and focus on adapting to
Wang Xiping, former deputy director of the Chongqing coal mine safety supervision bureau, was handed a life sentence by Chongqing's No. 5 Intermediate People's Court on Wednesday morning, on charges of accepting almost nine million yuan worth of bribes.
Premier Wen Jiabao chaired an executive meeting of the State Council on November 17 which discussed various measures which could be adopted in order to stabilise consumer prices. The meeting adopted measures that require urban and rural governments to ens
The vice-president of McDonald’s China, Luan Jianghong, has stated that McDonald's food and beverages prices will rise by 0.5 to 1 yuan per item due to rising material costs.
"The sex ratio in in China is now around 120, the
highest in the world," according to Shi Jingchun, deputy director of
the publication department of the National Population and Family
Planning Commission. She said that China needs to crack down on
ill
A year has passed since five professors from Peking University submitted a long letter urging revision of the "Expropriation and Management Regulations for Urban Housing" to the National People's Congress. Though the professors have since met with various
