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The nation’s stimulus package has benefited energy conservation and emission controls with energy used to generate growth dropping further in the first quarter, the National Bureau of Statistics (NBS) has said. Energy ... Read More

China has allocated 23 billion yuan (3.37billion U.S. dollars) for energy saving, anti-pollution, ecological and environmental protection projects since the fourth quarter of last year, a senior official told Xinhua ... Read More

Screw with the numbers and you could screw yourself out of a job. Such was the word given to China’s number-crunchers, the ones who gather the information used to guide government decisions. “False statistics will ... Read More

China has allocated 23 billion yuan (3.37billion U.S. dollars) for energy saving, anti-pollution, ecological and environmental protection projects since the fourth quarter of last year, a senior official told Xinhua ... Read More

After becoming a settlement currency, the next logical step would be for the yuan to become a regional reserve currency. The yuan is likely to become a regional currency because of China’s expanding trade links with the ... Read More

International Monetary Fund Managing Director Dominique Strauss-Kahn said on Tuesday that it is legitimate for China to play “a bigger role” in the world economy. “The crisis is certainly an opportunity to ... Read More

The People’s Daily on Monday reported a decision of the Party School of the Hubei provincial committee prohibiting its students from using public money to treat each other to feasts. The students are all leading officials ... Read More

China’s demand for oil may be dampened by the spread of swine flu, as the tourism and transportation sectors take the brunt of any possible pandemic, analysts said. There would be further cuts in domestic fuel prices if ... Read More

China National Petroleum Corp (CNPC), the country’s largest oil and gas producer, has got government approval to acquire a stake in a commercial bank in the Xinjiang Uygur autonomous region. The Beijing-based CNPC has got ... Read More

China on Tuesday signed a free trade agreement (FTA) with Peru covering commodities, services and investment - the second in Latin America following the pact inked with Chile in 2005. Under the agreement, the two countries will ... Read More

China is concerned over the difficulties that African countries are suffering from the global financial crisis and hope to work together with them to tide over the difficulties posed by the crisis, said a Chinese deputy speaker ... Read More

ATUX - China is building a $315-million hydropower station in the Pamirs to improve irrigation, power generation and flood control in the northwestern Xinjiang Uygur Autonomous Region. The project, whose construction began ... Read More

China’s demand for oil may be dampened by the spread of swine flu, as the tourism and transportation sectors take the brunt of any possible pandemic, analysts said. There would be further cuts in domestic fuel prices if ... Read More