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Social equity for youth

Problems facing both migrant workers and the urban wealthy call for sincere efforts in building fair social security systems Following 30 years of reform and opening up, China’s educated youth are split into two ... Read More

Chinese interested in investing in Fiji vow to visit island nation

A large number of potential investors who turned up at the seminar organized by the Fiji Trade and Investment Bureau at the Shanghai Expo in China this week have vowed to visit Fiji. Fiji’s Minister for Trade Aiyaz ... Read More

Why can’t China climb up the value chain?

China is to a large extent at the bottom of the value chain. Though its high GDP and export figures have aroused world envy, it is the huge multinational corporations like Apple and Toshiba that make more handsome profits. A ... Read More

CIC deals with Harvard

China Investment Corp, the country’s sovereign wealth fund, is in talks with Harvard University’s endowment to buy the US institution’s stakes in property funds worth about $500 million, the Wall Street ... Read More

Soybeans to go non-GM

China’s biggest soybean producing province is trying to build a non-genetically-modified (non-GM) brand to revive its bean industry, according to a press release on the province’s Department of Agriculture website ... Read More

Energy efficiency drops despite new green regulations

China’s energy consumption per unit gross domestic product (GDP) increased a year-on-year 0.09 percent in the first half of this year while the energy consumption increased 11.2 percent compared with the same period last ... Read More

Urbanization not all that good

Urbanization has become synonymous with China’s modernization. The country’s urban population will reach 52 percent in 2015 and grow to 65 percent by 2030, according to the Chinese Academy of Social Sciences’ ... Read More

What does it imply after China becomes world’s No. 2 economy?

A deputy governor of China’s central bank recently unveiled a major economic milestone in a rather casual manner. “China is actually now already the world’s second-largest economy,” Yi Gang, who is also ... Read More

CIC Rides Bull Market to 2009 Profit

China’s sovereign wealth fund netted more than $41 billion last year after surviving a tough 2008 A bull market for global stocks helped lift China Investment Corp.’s overseas return on investment to 11.7 percent ... Read More

Nuclear power firms move into top gear

Global equipment makers are rushing to corner a slice of the fast growing nuclear power sector in China and the resultant opportunities in what analysts estimate to be a market in excess of 1 trillion yuan ($148 ... Read More

Experts urge fairer income distribution

Despite the government’s efforts to deepen reform of the income distribution system, there are still many challenges and obstacles, analysts said. A total of 23 provinces, regions and municipalities in China raised their ... Read More

Chalco faces downgrades after Rio JV

International credit rating agency Standard &Poor’s said Tuesday it has put Aluminum Corp of China on watch for downgrades after it announced it would invest $1.35 billion in a joint venture with Rio Tinto. S&P ... Read More

A roadmap for development

Strict regulations on ecological conservation and the optimal usage of resources is key to developing China’s western region The State Council’s recent stress on speeding up the development of the country’s ... Read More

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