More retired personnel from the People’s Liberation Army (PLA) are turning to the private sector to find jobs, as China’s top legislature Monday began procedures to revise an amendment to its Military Service Law, with…
Category: China
The country’s largest offshore oil and gas producer has strongly denied charges that it attempted to cover up oil spills off the coast of Shandong Province, insisting that the incident is now “under control.” “The…
The governor of China’s restive western region wants to boost its economy by further opening it up to external trade and investment, state media said Monday. Gov. Nur Bekri said he would promote Xinjiang’s foreign…
China’s bank regulator has cracked down on off-balance-sheet lending by the country’s banks as its latest step to prevent risky lending from hurting its financial system, sources told Reuters on Monday. The China Banking Regulatory…
China has issued a new classification standard for small and medium-sized enterprises (SMEs) and introduced the concept of micro-enterprises for the first time, a move signaling more policy support to small and micro-enterprises. Companies with…
Sharing a double bed with a roommate in a 20-square-meter bedroom, Ma Chao is quite satisfied with his living conditions. A year ago Ma lived with another person in a 7-sq-m room, sharing a bathroom…
The Chinese has got away with two new nuclear reactors for Pakistan by the Nuclear Suppliers Group (NSG). At the June 23-24 plenary meeting of the 46-nation nuclear cartel in Noordwik, Netherlands, China was questioned about the two new…
BEIJING – China’s inflation is expected to reach a three-year high in June – possibly exceeding 6 percent for the first time since August, 2008 – driven by soaring food prices and living expenses, analysts…
A heavy tax burden is one of the reasons behind the high cost of living in China, some experts said while looking into why the prices of some goods are higher in China than in…
A senior Chinese official has called on international community to conduct closer cooperation to fight corruption. Zhou Yongkang, a member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau,…