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SHANGHAI - A luxury hotel in Suzhou of East China's Jiangsu province is offering a dinner package priced at 388,888 yuan ($59,080) for the Chinese lunar new year, making it one of the most expensive New Year's Eve dinners in the country. The five-star Crowne Plaza Suzhou, located in the city's industrial park, is offering the package from mid-January....
BEIJING -- The Chinese mainland would support the government of the Hong Kong Special Administrative Region (SAR) in seeking an economic cooperation agreement with Taiwan, a mainland spokeswoman on Taiwan affairs said Wednesday. Fan Liqing, spokeswoman for the State Council's Taiwan Affairs Office, made the remarks at a press conference when a reporter ...
BEIJING -- China's imports from the Association of Southeast Asian Nations (ASEAN) rose 44.8 percent to $154.56 billion in 2010, said the General Administration of Customs on Thursday. Since the establishment of the China-ASEAN Free Trade Area at the beginning of 2010, bilateral trade had risen 37.5 percent year on year to $292.78 billion, the customs ...
China reported a record surge of crude oil imports in 2010, buying more than 200 million tons of overseas crude. The country's overseas crude dependence ratio surpassed 55 percent, the Economic Information reported Monday, citing an industry report. The report was issued by the China National Petroleum Corp (CNPC) Research Institute of Economics and Te...
BEIJING - China expects to maintain the stability of its export-related policy, and it is "highly unlikely" that the country will reduce export rebates for highly polluting and energy-intensive industries "during the first half", said a senior Ministry of Commerce (MOFCOM) official. The Economic Information newspaper reported on Monday that some Chinese...
Chinese economists believed inflation would be controllable this year, but warned of stagnation, in exclusive interviews with Xinhua. Inflation will be generally "controllable" this year, as prices have mainly soared in agricultural products, vegetables and grains, and have not spread widely, said Ba Shusong, a researcher with the Development Research C...
Although the central government has said it will try to slow the country's economic growth over the next five years, many provinces have set ambitious targets of two-digit yearly expansion when making plans for the period from 2011 to 2015. Experts have warned that overheated economic growth might not be good for sustainable development. According ...
The value of Hong Kong's total goods exports rose 12.5 percent year-on-year in December 2010, while goods imports increased 14.8 percent, said the Census and Statistics Department of Hong Kong on Tuesday. According to the department, Hong Kong's value of total good exports in last December rose 12.5 percent over a year earlier to 253 billion HK dollar...
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