The 100 largest home appliance chains in China reported slower growth in April, with a year-on-year increase of 18.5 percent, according to the Ministry of Industry and Information Technology (MIIT). The growth rate for April was 17.9 percentage points low
According to data released by the China Iron & Steel Association (CISA), China paid 85.7 billion yuan more for iron ore imports in the first four months of this year when compared to the same period last year. According to CISA, this figure is 2.6 times t
A drought centered on the middle and lower reaches of the Yangtze River has affected almost 35 million people and caused economic losses of almost 15 billion yuan, the National Meteorological Center said on Sunday. The Ministry of Civil Affairs also relea
It's becoming harder for new graduates to find jobs in Beijing that offer them the chance to switch their household registration or hukou to the capital, thus allowing them to enjoy the social benefits that flow from having a Beijing hukou. The number of
This morning at a meeting of the standing committee of Chongqing's Municipal People's Congress, Wang Lijun was unanimously elected as one of the deputy mayors of the city. Wang has served as the head of the city's Public Security Bureau since March 2009,
According to a report released by the National Development and Reform Commission yesterday, the central government's introduction of a nationwide ban on the free provision of plastic bags in major supermarkets 3 years ago, has resulted in 24 billion less
An official from the National Development and Reform Commission told journalists yesterday that Unilever's decision to increase in the price of the company's Hazeline and Lux
products in various cities in China, announced on May 24, was a normal marke
Yesterday afternoon, the Yueqing People's Court in Zhejiang province sentenced Qian Chengyu to 20 months prison on charges of obstructing a public officer. The trial is related to the high-profile case of Qian Yunhui (no relation), who died after being ru
At a meeting of the standing committee of Shandong's provincial People's Congress held yesterday, the provincial government put forward a proposal to remove Zhang Wanqing, the former Secretary of Shandong Provincial government. In April, the 56 year-old Z
Major Chinese airlines have raised their fuel surcharges for domestic routes for the third time this year to help offset the cost of rising oil prices. Carriers including China Eastern Airlines and China Southern Airlines raised the fuel surcharge to 140
Beijing Business Today has reported rumors that Xi Guohua, the current vice-director of the Ministry of Industry and Information Technology (MIIT) and the recently appointed Deputy Director of the new State Internet Information Office, is likely to replac
Many retailers in Guangzhou began raising the price of Hazeline and Lux products yesterday. Unilever didn't comment on the price increases. Earlier, Unilever was fined 2 million yuan by the National Development and Reform Commission after finding the Angl
The State Administration of Foreign Exchange issued preliminary data on China's balance of payments for the first quarter, with the narrowing of both the current account surplus and the capital and financial account surpluses, as China's balance of paymen
The index of China's growth enterprise board, ChiNext, dropped to a historical low of 828.50 points yesterday before rebounding sharply to achieve the highest close in the past 3 months on significantly enlarged trading volumes. However, analysts believee
The largest real estate company in China, Vanke Co., Ltd, was told to stop its Lake Side "Festival City" project in Hebei's Xianghe County on May 23, and many other well-known real estate companies that are developing large projects in the area were also
Gao Qingchang, the chairman of Zibo Wanchang Science & Technology Co. Ltd, died yesterday, according to an announcement from the company. According to sources familiar with the situation, Gao is said to have died after a fall from a building yesterday mor
Of the 537 ingredients used in the production of Chinese traditional medicine whose prices are monitored, 84% saw their price increase over the course of 2010, with prices increasng 109% on average and the price of 96 products increased by more than 100%.
An official with the Ministry of Housing and Urban-rural Development's policy research center told journalists yesterday that the fact that revenue from the two pilot property tax programs that were introduced in Chongqing and Shanghai earlier this year h
The State-owned Assets Supervision and Administration Commission, the central government body charged with regulating China's large centrally-controlled state-owned enterprises(COE), replied to a National Audit Office report published on Friday revealing
88 of China's 98 central government departments had published their budgets as of May 20, the Ministry of Finance announced on Saturday, an increase on the 75 departments that published budget figures last year. The publication of budgets by some departme
