Business News

China to float 15b yuan T-bonds next week (Xinhua) Updated: 2009-11-21 14:45 China will issue 15 billion yuan ($2.2 billion) of short-term treasury bonds next week, the Ministry of Finance said in Beijing Friday.

Sky's the limit as Beijing's smog lifts By Wang Qian (China Daily) Updated: 2009-11-21 08:49 Beijing residents are taking a collective deep breath and enjoying the best air the city has had for 11 years.

6.3m college grads to challenge job market (Xinhua) Updated: 2009-11-21 11:58 China's Education Minister Yuan Guiren warned Friday that the country's record number of 6.3 million college graduates next year would pose "severe challenges" to the job market.

Myanmar to build railroad linking Chinese town (Xinhua) Updated: 2009-11-21 16:05 Myanmar will construct a new railroad to link Myanmar's border town of Muse with China's Jie Guo, Yunnan province to facilitate commodity flow in bilateral border trade, sources with the Rail Transportation Department said on Friday.

Vietnam, China agree to further boost economic corridor (Xinhua) Updated: 2009-11-21 14:40 Vietnam and China agreed in Hanoi on Friday to further strengthen the cooperation in the economic corridor involving China's Yunnan province and four Vietnamese localities of Hanoi, Lao Cai, Hai Phong and Quang Ninh.

China needs national plan to boost consumption: expert (Xinhua) Updated: 2009-11-21 14:39 High savings and weak consumption remain the main structural problem for China's economy, and the country needed to craft a national plan to boost consumption and adjust the economic structure, an expert said.

Trading companies' creativity needed towards recovery (chinadaily.com.cn) Updated: 2009-11-21 13:21 Even as China suffers from trade protectionism, more than 200 entrepreneurs from home and abroad gathered to share ideas and experiences on international trade at Beijing International Forum on Nov 19.

Profits of central SOEs surge to 79.5b yuan in Oct (Xinhua) Updated: 2009-11-21 11:46 Profits of China's State-owned enterprises (SOEs) administered by the central government more than doubled in October from a year ago after months of declines, a senior official said in Beijing on Friday.

China reaffirms efforts to revive world economy (Xinhua) Updated: 2009-11-21 09:17 Chinese Vice President Xi Jinping on Friday pledged the country would work with other governments to seek global economic revival and sustainable development.

Google pledges only booklist in copyright row By Xie Yu (China Daily) Updated: 2009-11-21 08:48 Google on Friday agreed to provide a list of Chinese books it had scanned to put up in its digital library, but it still refused to admit having "infringed" upon copyright laws.

Dalong buys residential land in Beijing at 5b yuan (Xinhua) Updated: 2009-11-21 16:13 Dalong Estate, a Shanghai-listed property developer owned by Beijing's Shunyi district government, had acquired a parcel of residential land in Shunyi for 5.05 billion yuan ($739 million), the Beijing Times reported on Saturday.

Guangzhou's subway network to reach 220km in 2010 (Xinhua) Updated: 2009-11-21 15:13 The subway network in Guangzhou, capital of south China's bustling Guangdong province, will stretch to 222 km ahead of the Asian Games in November next year, an official said Friday.

China continues anti-dumping measures on imported TDI (Xinhua) Updated: 2009-11-21 15:01 China's Ministry of Commerce (MOC) announced Friday that it will maintain anti-dumping measures on some imported Toluene Diisocyanate (TDI) from Nov 21.

Malaysia OKs license to China's largest commercial bank (Xinhua) Updated: 2009-11-21 14:42 Malaysia has approved a commercial bank license to the Industrial and Commercial Bank of China Ltd (ICBC), China's largest commercial bank, the Malaysian central bank said in Kuala Lumpur on Friday.

Tax take from automobile industry surges in China (Xinhua) Updated: 2009-11-21 13:54 Tax take from the automobile industry has surged in the first 10 months this year as auto production and sales were booming in the world's largest market.

Telecom sector reports 700b yuan revenue in Jan-Oct (Xinhua) Updated: 2009-11-21 13:25 China's telecom industry reported 698.9 billion yuan ($101 billion) in main business revenue for the first ten months this year, up 3.4 percent year-on-year, according to a statement Friday by the Ministry of Industry and Information Technology.

Welcome to make-believe world of box office returns By Liu Wei (China Daily) Updated: 2009-11-21 08:48

Death highlights power shortage By Hu Yongqi (China Daily) Updated: 2009-11-21 08:49 The apparent suicide of an education bureau director who had been struggling to find heating fuel has highlighted the shortage of coal at schools in Yuxian county, Hebei province.

CNPC, the country's largest oil and gas producer, yesterday said it is supplying record volumes of natural gas to meet rising demand triggered by falling temperatures. By Wan Zhihong (China Daily) Updated: 2009-11-20 08:08 China National Petroleum Corp (CNPC), the country's largest oil and gas producer, yesterday said it is supplying record volumes of natural gas to meet rising demand triggered by falling temperatures.

China dismisses request for WTO panel (Xinhua) Updated: 2009-11-20 10:21 China on Thursday rejected requests made by the United States, the European Union and Mexico to establish a WTO expert panel to investigate and rule on so-called Chinese restrictions of raw materials exportation.

Huijin buying 38.8% in New China Life By Hu Yuanyuan (China Daily) Updated: 2009-11-20 08:08 Central Huijin Investment Co Ltd, the domestic arm of China's sovereign wealth fund, is buying a 38.8 percent stake in New China Life Insurance Co Ltd (NCL) from Insurance Protection Fund, the latter said in a statement yesterday.

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