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Beijing's land sales reached 9-year high in Jan
2013-02-01 16:19
Beijing's revenue from land transfers in January totaled 24.17 billion yuan ($3.88 billion), the highest since 2003.
China 2011 per capita GDP ranks world's 87th
2013-02-01 15:49
China's GDP per capita reached $5,445 in 2011 and ranked 87th worldwide, allowing China to become an "upper middle income" country.
China may postpone property tax expansion
2013-02-01 14:54
China might postpone the expansion of the property tax pilot program, the China Securities Journal reported Friday, citing an anonymous source.
Kindergarten teacher accused of cutting child's nose
2013-01-31 17:28
A kindergarten teacher has been dismissed from her job after being accused of cutting a child's nose with a pair of scissors.
Few privately-owned brands meet emissions standard
2013-01-31 17:01
Beijing will take lead in executing the fifth stage of the vehicle emission standard (Beijing V Standard) beginning next month.
Internet speed in Shanghai fastest: report
2013-01-31 16:55
Web users in Shanghai enjoy the fastest connection speeds in China, according to the latest quarterly survey by ChinaCache International Holdings Ltd.
Sinochem to buy into US oil-gas field
2013-01-31 16:20
Sinochem will buy a 40 percent stake in the 207,000 acres Wolfcamp oil-gas field owned by an American oil and gas company.
Santander's JV with Jianghuai Automobile approved
2013-01-31 16:17
Spanish lender Banco Santander SA has received Chinese regulatory approval to form a 50-50 joint venture with Jianghuai Automobile.
Daimler to extend CEO's contract
2013-01-31 13:13
Dieter Zetsche, CEO of Daimler AG, expects that his contract with the company will be renewed, according to sources close to the situation.
CDB to allocate more loans to urbanization projects
2013-01-30 17:01
China Development Bank Corp, the country's major policy bank, is to put more than half of its new loans this year into supporting urbanization construction projects.
Five more banks to set up fund management firms
2013-01-30 16:49
Five more commercial banks are likely to be allowed to set up fund management companies under a pilot program approved by the State Council.
Burton to serve GAC Fiat as general manager
2013-01-30 16:49
GAC Fiat Automobiles Co Ltd will appoint John Burton as general manager. Burton will officially take office on March 1.

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Geng Jiasheng, 54, a national master technician in the manufacturing industry, is busy working on improvements for a new removable environmental protection toilet, a project he has been devoted to since last year.