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Shanghai has set a GDP growth rate target for the year of more than 8 percent, almost the same as 2009's economic development rate. Party Secretary Yu Zhengsheng Saturday announced the target at a one-day session of the Shanghai Committee of the Communist Party of China. He added the growth rate of value-added output from the service industry should be...
On the wall in a Beijing subway Line 4 station, a dozen posters feature beautiful scenes at risk of being destroyed by climate change, like arctic ice-caps and herds of penguins. The posters read, "Low-carbon life, walk your talk." Recently, there has been much talk about climate change in China. Awareness-raising ads like the subway posters are common in...
The General Office of the State Council, China's cabinet, Sunday issued a notice that required central governmental departments and local governments to strengthen management, stabilize market expectations and facilitate stable and sound development of the real estate market. "With the recovery of the real estate market, such problems as excessively risi...
China's unusually high lending growth last year has sparked differences among the country's top economists as the central bank seems to be taking new measures to contract credit and control inflation. While many economists believe that control of credit is a must to prevent serious inflation and ensure stable growth, some hold that too drastic a contrac...
Zhang Jilong's new year resolution is to buy a light-duty truck, taking advantage of the government's stimulus measures on vehicle purchase in rural regions. "I didn't expect the government to prolong the favorable policy and raise the subsidy," said the owner of a small brickyard in Yancun village, Weinan, Shaanxi province. "But thanks to it, purcha...
Google said its communication with Chinese authors was "not good enough" after it published sections of their work in its online library Google Books without their permission. Chinese writers accused Google of copyright infringement last October when the search engine used sections of their work online, and without their permission. They asked Google to a...
There will be no question of China surpassing Germany as the world's largest exporter in 2009, based on the nation's higher-than-expected performance on exports in December, said analysts. According to statistics released by Customs yesterday, China's exports in December surged by as much as 17 percent from a year earlier to $130 billion, which ended 1...
China publicized draft regulations for government investment Thursday to solicit public opinions, a move expected to better regulate investment and improve investment efficiency. To shun from extravagant government buildings or projects simply built to boost image, the draft stipulates the government should mainly use its funds on projects related to the ...
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