Bringing up Private Investment

Encouraging and guiding healthy development of private investment was at the forefront of the State Council's latest measures to invigorate the private sector.     

Merging,Expanding And Developing

Major readjustments are being made in Chinese administrative divisions involving four municipalities and two special economic zones The maps of many Chinese urban centers will need to be redrawn     

Sichuan Prosperity

Lin Shunsheng,a farmer from Sichuan Province who owns the use right to his land,likes to think of himself as his own boss.But Lin is no longer the highest authority entitled to the land use,despite the fact that he has owned the use right for his plot of land since 1978when the household contract responsibility system was implemented.     

Fighting the Next Superbug

Chinese pharmaceutical giant sets five-year goal to develop treatments for future contagions using traditional Chinese medicine     

Changing the Economic Course

The Chinese economy grew a robust 9.6 percent in the third quarter of this year, maintaining its sound momentum even though the quarterly growth rate was 0.7 percentage points less than that of the second quarter, the National Bureau of Statistics (NBS) announced on October 21. The growth has been largely spurred by domestic consumption instead of foreign markets.     

Why the Tiers?

As part of ongoing green efforts,China will soon adopt a tiered electricity pricing system to encourage residents to cut back on energy use.The government will first determine a basic electricity quota,and any consumption above that level will be charged at higher prices.     

How Inflation Is Stealing Profits

Growth in product prices is far below that of raw material prices and other costs, leading to a decline in profits for Chinese enterprises     

More ATMS in Farm Country

<正>As competition in China intensifies,foreign-funded banks and joint ventures look to rural areas to expand operations With recruitment and personnel training in full swing,BOC Fullerton Community Bank is preparing to open more community banks in Shandong Province’s four counties     

Deficiencies in Water Conservancy

<正>Recent droughts and floods show the fragility of China’s water conservancy capabilities Be it extreme flooding or severe droughts,China has yet to find a stable middle ground concerning its water supply.These disasters,primarily in the Yangtze     

Private Economy Burgeons Privately owned enterprises are becoming an important force in China's economy

<正>Privately owned enterprises (POEs)now represent the biggest sector of the Chinese economy-by number of companies—as well as the major source of innovation