Expanding domestic demand is number one on the list of top ten priorities of China’s 12th Five-Year Plan, says Pan Shengzhou, vice director of the CPC Central Committee Policy Research Office. This is the first time expanding domestic demand will occupy a
China is negotiating with the three international mining giants, BHP, Rio Tinto, and Vale to promote a new pricing system of iron ore, Luo Bingsheng, executive deputy chairman of the China Iron and Steel Association (CISA) said yesterday. He also said tha
A loud explosion ripped through an area close to Beijing's Dongzhimen subway station at around 15:10 on Thursday afternoon. According to eye witness reports, the explosion took place close to a newspaper stand located right below the Sky Plaza building on
The CPC convened a conference on October 18 with non-party members to listen to their ideas regarding China’s 12th Five Year Plan on economic and social development. China’s President Hu Jintao presided over the meeting. Several non-party representatives
Ten renewable energy projects, including hydropower and wind power projects and the construction of demonstration "renewable energy" cities, will be implemented as part of the country's 12th Five-Year Program, a reporter from the China Securities Journal
Inner Mongolian police have announced that An Yong, a project manager with the Mengniu Dairy Group, one of China's leading dairy firms, recruited Beijing Bosi Zhiqi Public Relations Company to defame a product produced by Mengniu competitor Yili. An Yong
Many commercial banks have begun to stop issuing loans to local financing platforms after receiving instructions from their supervisory body to cease lending to the institutions. This policy is especially targeted at financing platforms that have been use
China's CPI rose by 3.6% in September on the level of the same period last year and up 0.6% compared with that of August, the National Bureau of Statistics announced today. The CPI of the first three quarters of this year has increased by 2.9% on that of
The Beijing Traffic Management Bureau has already cancelled the release of license plates containing the number 4. According to the current system of alloting plates, car owners are allowed to choose a number plate from 10 available options. Given that ma
America’s Newsweek Magazine recently announced the results of a study comparing the professional ambitions of Chinese and American women. The study found that roughly 2/3 of highly educated women in China are “very ambitions”, compared to only 1/3 of fema
Recently the occurrence of smuggling iPads into China has increased. According to media reports, the Shenzhen Luohu District Customs has begun levying a 1000 yuan tax on travelers carrying personal iPads into China.
Yesterday, Shanghai Jiao Tong University released its “Report on Influences on Public Sentiment.” The report shows that microblogs significantly influence public opinion and are becoming a favored news source. The report also suggests that governments are
Four staff members from the Henan Pingyu coal mine have expressed that in the 22 hours leading up to the mining disaster there were indicators that the concentration of gas in the coal mine was too high, but urgent measures were not taken. The number of m
On October 16th, Li Moumou, hit two University students with his car in the parking lot of Hebei University’s campus supermarket. One student has died and the other remains in intensive care. Witnesses say that after hitting the girls, Li did not stop the
The Fifth Plenary Session of the Seventeenth CPC Central Committee decided to appoint Xi Jinping to the position of Vice President of the Central Military Commission.
Two of mainland China's best-selling brands of instant noodles or 方便面 (fangbianmian) have stealthily raised their prices by reducing the net weight of various products and not adjusting prices. The Hong Kong-listed Master Kong (康師傅) and Taiwanese-based U
The National Bureau of Statistics has released real estate information on the first three quarters of 2010. The information shows that in September the housing prices of 70 large and mid-size cities have gone up by 9.1 percent, a 0.2 percent decrease in i
Ministry of Education Language Information Management Bureau Chief Li Yuming stated yesterday that regulations unifying the pinyin spelling of names will soon be launched. These regulations will require family names to be written first followed by given n
According to the National Energy Bureau, China has shut down 1,611 coal mines and eliminated 135.49 million tons in backward production capacity in the first three quarters of this year. The mine closures have reached 88% of the total reduction target. Th
