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UnionPay, Huaxia Bank jointly tap mobile payment market

2011-06-22 13:23:09

China UnionPay, one of the world's leading bank card associations, said it has signed a framework agreement with Huaxia Bank to cooperate in the field of cell-phone payment.

Zhengzhou Commodity Fair promotion meeting held in Vietnam

2011-06-22 13:19:22

The China's Zhengzhou National Commodity Fair and Consumer Goods Expo held a promotion conference here Tuesday to introduce its 17th session.

China says urbanization drive will be low-carbon

2011-06-22 13:20:37

China will push for the use of clean power and energy-saving technologies in its massive urbanization drive across the country over the next five years, a senior energy official said Tuesday.

Shares rebound as market adjusts

2011-06-22 11:19:25

Stocks on the Chinese mainland rose, with the benchmark index climbing the most in a week, as property and cement companies rallied on an improving profit outlook and on speculation the market's slide has been excessive.

China's wheat harvest to rise for 8th year

2011-06-22 10:40:22

An official with the Ministry of Agriculture said Tuesday that China will see an output increase of winter wheat for the eighth straight year.

Middle class has a growing appetite for cruises

2011-06-22 10:34:47

China is turning the busy eastern seaport of Qingdao into the country's third cruise terminal in order to tap the Chinese middle class' growing appetite for luxurious ocean travel.

China backs global airline alliances

2011-06-22 10:33:11

Chinese Vice Premier Zhang Dejiang said on Tuesday the government supports domestic airlines to join global air carrier alliances and that foreign airlines are welcome to open new routes to China.

Sri Lanka seeks greater cooperation with China

2011-06-22 10:29:49

Sri Lanka looks forward to greater cooperation with China in the international arena after President Mahinda Rajapaksa met with his Chinese counterpart Hu Jintao, a senior official said here Tuesday.

NSSF to be PICC 'sole investor'

2011-06-22 10:20:53

China's National Social Security Fund, which has invested 10 billion yuan ($1.55 billion) to buy an 11 percent stake in the People's Insurance Co (Group) of China (PICC), will be PICC's sole investor before the insurer's planned listing.

Lower-tier cities see record realty prices

2011-06-22 10:18:12

Property prices in a number of coastal cities are rising faster than those in large cities as investors with deep pockets look to second- and third-tier cities amid tightening measures to cool the market.

Dot-Com becoming Dot-Con?

2011-06-22 09:57:00

Just a couple of months ago the debate was still open as to whether there was a bubble in US-listed Chinese Internet stocks. Today, it's hard to deny that the bubble is there - unless it has already burst.

VP urges import of advanced technology

2011-06-22 09:36:14

China should import more "advanced technology, managerial experience, high-end talents and international brands" to improve the quality of the country's industrial development, Vice Premier Wang Qishan said on Tuesday.

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