Yesterday, Li Jianqin, head of the Ministry of Land and Resources' law enforcement and supervision division, said that the ministry would release a plan aimed at tackling the problem of "minor property rights" in the near future. Under the existing Land A
At the recent Fifth APEC Human Resources Development Ministerial Meeting held in Beijing, President Hu Jintao said that China would promote "inclusive growth" that promoted equalitiy of opportunity. According to the China Economics Weekly, this is the fir
After halting production for over 20 days, steel companies in Hebei's Wu'an City resumed production yesterday. However, not all local steel producers have been allowed to resume production and power consumption quota have been imposed, with restrictions o
An official from the National Development and Reform Commission has stated that China faces some pressure to provide a steady supply of natural gas in the peak gas consumption period this coming winter, as natural gas production has faced a growth in dema
The National Bureau of Statistics is soliciting opinions on the method of determining statistics on housing prices, which it released on September 25. The new statistic method is planned to take effect at the beginning next year.
The complete investment of the first three phases of the Jiangbei Airport in Chongqing will reach 20 billion yuan, Zhang Ruling, CEO of Sodefinance, a French financial giant, told a reporter from the Beijing News. She said the new airport would be constru
The Ministry of Land and Resources and the Ministry of Housing and Urban Rural Development have released a notice prohibiting property developers who have kept land idle for one year from future bidding for land. It also states that land slated for constr
Li Weimin, the former chief of the personel department of Sanmenxia City's CPC Committee, is under investigation for allegedly receiving bribes. Eight other officials, including Zhang Jungui, former deputy mayor, Shan Xiangdong, former director of the loc
The National Tourism Administration has expressed "understanding" for Chinese citizens abandoning travel plans to Japan for political reasons. The Japanese government's decision to illegally detain the Chinese captain will severely damage Chinese tourism
The New York Times published a report yesterday claiming that the Chinese government has barred the export of rare earth to Japan. According to a Reuters report, the Ministry of Commerce has denied taking measures to restrict the export of rare earth to J
Zhang Jianwei, deputy director of China Automobile Technology Research Center, says that Chinese car makers are eager to purchase land and attract investment, but the whole industry is facing the risk of overcapacity.
Wang Rupeng, the general secretary of the Red Cross Society of China, wrote on his blog on Wednesday evening that the "One Foundation established by Jet Li will not be shut down." He then told a reporter from Beijing News that the initial contract signed
The Industrial and Commercial Bank of China (ICBC) released an announcement Tuesday stating that its two largest shareholders, the Ministry of Finance and the Central Huijin Investment Ltd. - an investment arm of the nation's sovereign wealth fund - will
The Zijin Mining Group may be responsible for the deadly flood that hit Xinyi City in Fujian Province yesterday. Local residents told reporters from the Guangzhou New Express that a dam break at a tin mine owned by the Zijin Mining Group caused the flood.
An anonymous source with the National Development and Reform Commission (NDRC) told a reporter from China Finance Information that the NDRC has no plans to reduce the fuel price readjustment period from 22 days to 10 days. Other media, including the Econo
Yang Weimin, secretary general of the National Development and Reform Commission (NDRC), said yesterday that China should maintain its current household registration system (Hukou system) and limit the number of rural migrant workers registered in urban a
Two publicly-listed companies have been accused of selling genetically modified (GM) corn seeds. The accusations are based on the observation that no mice are attracted to large piles of the strain of corn stored in Shanxi and Jilin provinces and that sow
Yesterday, the Beijing police announced that Xiao Chuanguo, a professor at Huazhong University of Science and Technology, was responsible for an attack on Fang Shimin, a writer and blogger who is better known by his pen-name Fang Zhouzi, who specializes i
An unidentified source told a reporter from China Business News 《第一財經日報》that revisions to the existing property tax law are likely to be released around the time of the National Day holiday that begins on October 1. The source is also quoted as saying
