The Hard Road to Reform

The road to reform is always hard, especially it seems for Shenzhen’s South University of Science and Technology of China (SUSTC), which has been a hot topic for discussion among China’s netizens since July 6th,…

China signs $4.3 billion deals with UK

Premier Wen Jiabao walks with British Prime Minister David Cameron toward 10 Downing Street in central London on Monday. [Photo/Agencies] During talks at 10 Downing Street, the official residence of the British prime minister, the…

China placing priority on biotechnology

  A company exhibits biodiesel fuel at an expo held in Beijing. From 2011 to 2015, the biotechnology industry is expected to generate 1 million jobs and reduce emissions of the most common pollutants by…

Benchmark indices climb continues

Shanghai and Shenzhen A-shares ended on gains on Monday for the fifth trading day in a row, with the benchmark Shanghai Composite Index up 12.02 points, or 0.44 percent, to close at 2,758.23, and the…

Figures show 3G network expanding

  As of the end of last month, China had 714,000 3G base stations, of which 214,000 were built and run by China Mobile, 226,000 by China Telecom and 274,000 by China Unicom, according to…

Ministry denies lower dairy standard

BEIJING – Chinese officials have denied adopting a looser national standard of milk quality and claim to be developing grading levels for raw milk to guide the production of differentiated products. In response to recent…

China’s local government debts exceed 10t yuan

  BEIJING — China announced the size of its local governments’ debts for the first time on Monday, which experts said will ease concerns over systemic financial risks.  Liu Jiayi, the auditor-general of the National…

China to cut duties on luxury goods

  Reduction to boost domestic consumption, say experts  BEIJING – Reducing import duty on luxury goods is only “a matter of time” as key ministries have reached general agreement on the issue, Yao Jian, Ministry…