Green light for Beijing cab fare hike
Source: Chinadaily
Shanghai :: China | updated 2013-06-06 22:43:46 -0700 | business-news
XIN ( China Daily) Beijing will raise taxi fares from Monday in a bid to improve drivers' income and address complaints about poor service and cab shortages during peak times. The starting fare will increase from 10 to 13 yuan...
Local govt assessment to weigh product quality
Source: Chinadaily
Shanghai :: China | updated 2013-06-06 18:44:10 -0700 | business-news
Upcoming performance a sse ssments of China's provincial-level governments will be largely based on their quality control work in products, projects and services in a new scheme approved by the State Council, the Cabinet. The assessment, to be carried out...
MOF to sell local government bonds in mid-June
Source: Chinadaily
Shanghai :: China | updated 2013-06-06 09:34:43 -0700 | business-news
The Ministry of Finance (MOF) said Thursday that it will issue this year's first batch of local government bonds valued at 42.2 billion yuan (6.85 billion US dollars) in mid-June. On June 14, the ministry will sell 21 billion yuan...
CHINALCO to cut output of 380,000 tons
Source: China News
Shanghai :: China | updated 2013-06-06 06:35:44 -0700 | business-news
Wednesday that it will temporarily close some electrolytic aluminium production lines in a bid to shore up prices. The lines involved have an annual output of around 380,000 tons, according to the announcement...A-share price lost 1.48 percent, closing at 3.99...
Shanghai tops Chinese cities in investment and development prospects
Source: Chinadaily
Shanghai :: China | updated 2013-06-06 04:30:00 -0700 | business-news
Shanghai ( chinadaily.com.cn) Shanghai is China's most promising city for investment and development as confidence in the real estate market shows signs of recovery, a report said. A survey issued by Urban Land Institute has found a significant revival in...
American Teacher At Elite French School In China Accused Of Sexually Abusing Students
Source: BusinessInsider
Shanghai :: China | updated 2013-06-06 04:04:50 -0700 | business-news
An American teacher at an elite French school in Shanghai has been arrested on suspicion of sexually assaulting at least seven children, school officials and parents told AFP on Thursday. The news comes after a former instructor at the school,...
Shenzhou Ⅸ launch to boost aerospace shares
Source: China News
Shanghai :: China | updated 2013-06-06 03:18:47 -0700 | business-news
Shenzhou launch to boost aerospace shares Updated: 2012-06-13 17:25 ( chinadaily.com.cn) The launch of the Shenzhou IX spacecraft in mid-June will drive the aerospace sector in the A-share market to rocket, Western China Metropolis Daily reported on Monday.
China's economic recovery below expectations
Source: Chinadaily
Shanghai :: China | updated 2013-06-06 02:46:02 -0700 | business-news
The Chinese economy this year will experience a tempered growth weaker than expected, predicted JP Morgan Chief China Economist Zhu Haibin on Thursday. Speaking during a media briefing, he said that JP Morgan has revised down its GDP forecast for...
Securing bank credit is key to financial reform, expert says
Source: Chinadaily
Shanghai :: China | updated 2013-06-06 02:45:58 -0700 | business-news
Securitizing commercial banks' credit assets is the key to financial sector reform, said Li Daokui, a former adviser to the People's Bank of China. And yuan convertibility under capital account will take shape in five years, he said. The China...
New rule for interbank bond market settlements
Source: Chinadaily
Shanghai :: China | updated 2013-06-06 02:45:57 -0700 | business-news
The move is aimed to further strengthen the interbank bond market, lowering the risks in bond trading settlements and make bogus transactions less likely, according to the SSN report. China Securities Depository and Clearing Corp has given verbal notice to...
Better cargo service on track
Source: China News
Shanghai :: China | updated 2013-06-06 01:19:04 -0700 | business-news
Cheng Xiandong, head of the transport division of the corp, said that the reform aims to provide the most direct, convenient and best service for customers. It will simplify current procedures that customers are required to go through before getting...
Learn How To Make Your Everyday WPC garage decking
Posted by: qizhenkim2012
Shanghai :: China | updated 2013-06-06 00:41:27 -0700 | business-news
Many older homes didn't come with a garage. They had what is called, carports. They were not an enclosed building in which you could keep things protected from the weather except for a car, a boat, or some other type...
How To Protect composite wood decking
Posted by: qizhenkim2012
Shanghai :: China | updated 2013-06-06 00:38:53 -0700 | business-news
In an age where composite wood decking is so prevalent in many houses across the UK, one of the biggest problems for builders, plumbers, decorators and delivery companies is how slippery this surface can become when wet. Wet, slippery composite...
Dialogue agrees on strengthened China-US commercial ties
Source: Chinadaily
Shanghai :: China | updated 2013-06-06 00:25:27 -0700 | business-news
China and the United States will take steps to deepen coo peration and strengthen trust for closer commercial ties, according to the fourth annual US--China CEO and Former Senior Officials' Dialogue ending Wednesday. Starting from June 4, the fourth dialogue...
New yuan loans continue to drop in May: Report
Source: Chinadaily
Shanghai :: China | updated 2013-06-05 20:35:07 -0700 | business-news
The four biggest State-owned banks extended 208 billion yuan ($33.6 million) in loans last month, in contrast to 245.5 billion yuan in April, the 21st Century Business Herald reported on Wednesday, citing anonymous sources. It said Industrial and Commercial Bank...
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