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Moving back home: the upside and the down

2011-07-05 11:07:10

While there is no shortage of people available for work in China, their distribution is problematic. "In China, we have 200 million people without jobs, and a huge gap between urban and rural areas," Premier Wen Jiabao said last year at the China Development Forum.

Policy outlook helps to boost equity markets

2011-07-05 10:58:17

Stocks on the Chinese mainland rose on Monday, erasing the benchmark index's 2011 loss. The advance came on speculation that the government will offer help to smaller businesses and refrain from boosting interest rates amid signs of slumping economic growth.

China-made buses make up 66% Malta's new public bus system

2011-07-05 10:56:32

Malta's new public bus system was launched here on Saturday evening, and 174 China-made buses were delivered, accounting for 66 percent of the country's bus pool.

Two SOEs top list of dream employers among grads

2011-07-05 10:54:26

Two large State-owned enterprises (SOEs) top the list of most-favored potential employers among university students this year.

Nobel laureate: No single Third Way but balance and variations

2011-07-05 10:49:31

Finding a balance between government regulation and market forces is key to improving a country's economy, but there is not just one way to achieve this, said Joseph Stiglitz on Monday in Beijing.

State Grid in battle against tropical storm

2011-07-05 10:47:21

When tropical storm Meari hit the East coast of China in late June, the State-owned electric-power supplier, State Grid Corp, told its companies in the area to institute emergency plans to make sure facilities could withstand the storm's force.

Offshore RMB market helps strengthen HK's financial status

2011-07-05 10:39:20

The offshore renminbi market will help strengthen the competitiveness and status of Hong Kong as an international financial center, according to the latest issue of monthly Economic Review released on Monday by Bank of China (Hong Kong).

China to auction state sugar reserves

2011-07-05 10:18:39

China will auction 250,000 tons of reserve sugar on Wednesday, the Ministry of Commerce (MOC) announced Monday in a notice on its website.

Nestle's bid for snack firm may win approval

2011-07-05 10:17:21

The proposed takeover of Chinese snack and candy maker Hsu Fu Chi International Ltd by Nestl SA, reported by the Wall Street Journal, is very likely to be approved by Chinese regulators, analysts said.

China has 7m hectares of reserve farmland

2011-07-05 10:15:02

China has 7.34 million hectares of "reserve land" that can be developed into arable land, the Ministry of Land and Resources said in a research report published Monday.

China's old-age subsidies benefits 8m people

2011-07-05 10:04:06

Chinese Minister of Civil Affairs Li Liguo said Monday the country's old-age subsidies system has expanded to 14 provincial-level regions, benefitting 8 million citizens aged above 80.

Chinese capital eyes Brazil's high-tech sector

2011-07-05 09:54:40

China will invest $4.5 billion in Brazil's technology sector this year, as Chinese investment in the Latin American country shifts from agriculture and mining.

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