1/22/2008 3:31:00 PM
Premier Wen Jiabao called for the entire nation to continue the reform and opening-up policy launched by late leader Deng Xiaoping almost three decades ago. Wen, also a Standing Committee member of the Political Bureau of the Communist Party of China (CPC) Central Committee, called for deepening econ…
1/22/2008 3:28:00 PM
China´s central government has sent inspection teams to 22 provinces in a nationwide survey of efforts to ensure adequate market supply and stabilize prices of household commodities. "The move aims to ensure the central government´s policy will be carried out to the letter by…
1/22/2008 1:26:00 PM
Chinese investors continue to dump shares in panic sellings on Tuesday, driving the key Shanghai index down as much as 7 percent after a 5 percent loss in the previous session. The benchmark Shanghai Composite Index nose-dived 6.9 percent within 30 minutes of the opening of trading, to 4,575.53 point…
1/21/2008 1:20:00 PM
The consumer goods retail sales in China have surged 17 percent to stood at 8.9 trillion yuan (about 1.2 trillion U.S. dollars) in 2007, said the Commerce Ministry at a work conference here on Saturday. The increase, which paled the national output growth, was significantly higher than the growth rat…
1/21/2008 1:18:00 PM
China absorbed 74.7 U.S. billion dollars of overseas investment last year, official data released here on Saturday said. The country´s trade volume jumped from 620.8 billion U.S. dollars in 2002 to 2.17 trillion U.S. dollars in 2007, official sources said at a national commerce work confere…
1/21/2008 10:34:00 AM
Reliance Industries Ltd. (RIL) produced almost 1.17 million tons of polyester (PFY, PSF, PET) in the nine months to Dec. 31, 2007, an increase of 5% on the same point a year ago.Speciality products accounted for 54% and 39% of PSF and PFY production respectively.Polyester saw exciting demand growth i…
1/21/2008 10:25:00 AM
The uniforms of Beijing Olympics´ workers, technical staff and volunteers were unveiled last night to mark the 200-day countdown to the Games.The uniforms have the key element of the lucky clouds and will be in three colors: red for Beijing Olympic Games Committee (BOCOG) staff, blue for th…
1/18/2008 4:14:00 PM
Guangdong´s economy has overtaken that of Taiwan for the first time following 14.5 percent growth last year, according to figures released at the provincial people´s congress yesterday. Its GDP rose to 3.06 trillion yuan ($422 billion) last year, with a per capita figure of more t…
1/18/2008 1:56:00 PM
bioliq® process from Karlsruhe nominated for the Innovation Award of German IndustryOn 19 January 2008, the Innovation Award of German Industry will be presented in the Alte Oper concert hall in Frankfurt. Nominations include the bioliq® process developed at the Karlsruhe research cen…
1/17/2008 2:09:00 PM
China´s central bank announced a 0.5 percent hike in the bank reserve ratio Wednesday in the latest move to cool down the economy and curb inflation.Lenders must park 15 percent of deposits with the People´s Bank of China as reserves from Jan. 25, up from 14.5 percent, the central…
