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Market of one billion becomes reality
By Andrew Moody (China Daily) BEIJING - James McGregor believes the much-heralded one-billion-customer China market may at last be becoming a reality. The bestselling author on China business says that far from being too late for foreign companies to enter China, there may never have been a ... >>
Steps on to trim service trade deficit
BEIJING: China will make every effort to achieve a 10 percent growth in service trade this year, on the back of steps to narrow the trade deficit in the sector, the Ministry of Commerce said on Thursday. The ministry said the nation's service trade fell by 6 percent to $286.8 billion in 2009, t... >>
Govt OKs guidelines to promote economic system reforms
The State Council, or China's Cabinet, on Thursday approved guidelines tailored to promote the country's economic system reforms in 2010, in a bid to build more flexible systems to keep pace with the fast economic growth in the nation. China will continue to encourage the non-public sectors of t... >>
Nuclear firm to rope in new strategic investors
CGNPG plan to induct fresh allies seen as precursor to public float BEIJING: Nuclear power plant operator China Guangdong Nuclear Power Group (CGNPG) is planning to rope in new strategic investors as part of its plan to launch an initial public offering (IPO), a source familiar with the matter ... >>
Climate change mechanism set up
China-EU move positive sign for Cancun summit BEIJING - A ministerial-level dialogue mechanism on climate change has been set up between China and the European Union, a move analysts believe will help the United Nations climate summit to be held in Mexico in December bear fruit. The two sid... >>
Rising interest margins to aid bank profits
BEIJING: Despite concerns over the downside risks of the government clampdown on the property market, analysts said Chinese lenders are likely to maintain stable profits this year on growing interest margins. The government unveiled a series of measures this month to curb property prices, trig... >>
Home prices expected to fall amid govt measures
BEIJING: Home buyers who can afford a one-off payment could save 2,000 yuan ($293) per square meter compared to a typical installment plan, a saleswoman surnamed Yang told Xinhua on Tuesday. "You can save about 80,000 yuan for a one-bedroom flat of 40 square meters," Yang said. This is equiva... >>
Trade measures signal more active response
BEIJING - The government announced on Wednesday that it would slap anti-subsidy duties of up to 31 percent on chicken products from the United States - the move coming hot on the heels of a series of such cases initiated against the US during the past two weeks. The Ministry of Commerce (MOC) r... >>
China vows to boost exports of cultural products
BEIJING: China's Minister of Culture Cai Wu has vowed to boost the nation's exports of cultural products to address the nation's deficit in cultural products trade. Figures from the ministry show average revenue from one foreign performance in China is ten times that of a Chinese performance abo... >>
Market of one billion becomes reality
BEIJING - James McGregor believes the much-heralded one-billion-customer China market may at last be becoming a reality. The bestselling author on China business says that far from being too late for foreign companies to enter China, there may never have been a better time. "Foreigners have a... >>

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