China News

Foxnews | Oct 25, 2011

China says it is considering new legislation better defining terrorism in order to strengthen domestic and international efforts against such acts and those who would commit them.

Voice of Russia | Oct 25, 2011

China’s rise to power has caused major concerns around the world. This month the U.S. Senate aimed to pass a bill that would limit China’s currency manipulation. The U.S. Secretary of State Hillary Clinton wrote in Foreign Policy Magazine that we should look to the Pacific for a stronger relationship.

Voice of Russia | Oct 25, 2011

Today we are talking about the two-year-old little girl Yue Yue, who was recently run over twice by a truck in China, and not only that, but 18 passersby passed by her body and did not even look twice. To discuss this incident we have on the line with us , Joe Xu, blogger for ChinaSMACK.

BBC | Oct 25, 2011

China is considering new legislation to define terrorism more precisely, in a move officials say could help it combat "real threats".

People's Daily | Oct 25, 2011

BEIJING, Oct. 25 (Xinhua) -- China will rely more on electricity as total energy consumption eases, but reforming the power sector is essential to ensure supply, according to experts.

Wang Min, vice president of the State Grid Corp. of China (SGCC), the country's leading power distributor, said with the rapid development in clean energy generation, electricity will account for a larger part in China's terminal energy consumption in the coming years.

A report from the energy research instit ...

People's Daily | Oct 25, 2011

BEIJING, Oct. 25 (Xinhua) -- Farm produce prices in China continued to fall in the week ending Oct. 23 compared to the previous week, the Ministry of Commerce said in a report released on Tuesday.

Vegetable prices posted the sharpest declines, with the wholesale prices of 18 staple vegetables down 2.5 percent on average during the week, the report said.

Meanwhile, the price of pork fell 1.8 percent, 0.6 percentage points more than the fall of the previous week. Pork prices have dropped 3.7 ...

People's Daily | Oct 25, 2011

BEIJING, Oct. 25 (Xinhua) -- The National Development and Reform Commission (NDRC), China's top economic planner, said on Tuesday that China is able to guarantee natural gas supply in the coming winter with increased capacity, even though demands rise rapidly.

"Generally, our natural gas output can satisfy demands for this winter,"the NDRC said in a joint statement with the National Energy Administration (NEA).

China's major natural gas producers, PetroChina, Sinopec and CNOOC, plan to inc ...

People's Daily | Oct 25, 2011

BEIJING, Oct. 25 (Xinhua) -- China's daily maximum power load declined 50 million kilowatts month-on-month to 548 million kilowatts in September, according to the country's top economic planner.

To ease supply pressure in September, 13 provincial power grids resorted to power rationing policies during peak times that limited the total kilowatt hours of power to 6.26 billion, said the National Development and Reform Commission(NDRC) in a statement on its website.

Supply in the provinces of ...

People's Daily | Oct 25, 2011

BEIJING, Oct. 25 (Xinhua) -- China's private sector was more aggressive in investing than the public sector in the first nine months of this year, with a fixed-asset investment growth of 34.2 percent year-on-year, said the country's top economic planner on Monday.

Excluding investment by rural households, fixed-asset investment from January to September rose 24.9 percent from a year earlier to 21.23 trillion yuan (3.34 trillion U.S. dollars), of which about three-fifths came from the private ...

People's Daily | Oct 25, 2011

BEIJING, Oct. 25 (Xinhua) -- The number of qualified applicants for China's annual national public servant exam has declined for two consecutive years, according to official statistics.

On Monday, the final day to qualify for this year's exam, a total of 1.23 million people had qualified to take the exam, said a statement from the State Administration of Civil Service on Tuesday.

It is estimated that after the conclusion of the qualification procedure, 1.33 million will be qualified for th ...

People's Daily | Oct 25, 2011

BEIJING, Oct. 25 (Xinhua) -- Chinese shares gained Tuesday, led by strong real estate shares as property developer China Vanke's third-quarter profit jump boosted investors' confidence.

The benchmark Shanghai Composite Index climbed 1.66 percent, or 39.34 points, to close at 2,409.67.

The Shenzhen Component Index increased 2.47 percent, or 245.78 points, to close at 10,203.40.

...

People's Daily | Oct 25, 2011

BEIJING, Oct. 25 (Xinhuanet) -- Allowing local governments to issue bonds for the first time is credit positive for China, Moody's said yesterday.

The Ministry of Finance said last Thursday that it will start a trial program that will allow the governments of Shanghai and Shenzhen cities as well as Guangdong and Zhejiang provinces to issue bonds for the first time. The central government's move may narrow financing shortfalls and prevent debt defaults by overextended provinces.

Moody's sai ...

People's Daily | Oct 25, 2011

BEIJING, Oct. 25 (Xinhuanet) -- China's Mengniu Dairy Co. yesterday expressed for the first time publicly its keen interest to bid for Pfizer Inc's infant nutrition business if the giant United States pharmaceutical company put the assets up for sale.

"If Pfizer finally decides to dispose of its infant nutrition business, Mengniu will closely monitor the development as other dairy producers would," the nation's largest dairy firm said in a statement to the Hong Kong stock exchange yesterday.
...

People's Daily | Oct 25, 2011

BEIJING, Oct. 25 (Xinhua) -- Inventories of iron ore at 25 of China's major sea ports fell to 93.02 million tonnes in the week ending Oct. 24, according to the Xinhua-China Iron Ore Price Index released on Tuesday.

The stock of imported iron ore last week was 50,000 tonnes lower than one week earlier, down 0.05 percent week-on-week, according to the index compiled by Xinhua News Agency to track iron ore inventories and imports on Chinese spot markets.

Prices of imported iron ore dropped la ...

People's Daily | Oct 25, 2011

BEIJING, Oct. 24 (Xinhua) -- China's top legislature, the Standing Committee of the National People's Congress (NPC), opened its bimonthly session Monday to read draft laws and amendments concerning civil procedure, military service and other areas.

According to a report on the results of a review of a draft amendment to the Military Service Law, the draft amendment perfects the resettlement system for demobilized servicemen, stating that they will get preferential treatment when they registe ...

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