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Fund to improve water of diversion project
17 january 2013 WUHAN – The government will spend 12 billion yuan ($1.92 billion) to improve water quality on the middle route of the south-to-north water diversion project from 2011…
Chinese more willing to keep yuan amid appreciation expectations
17 january 2013 BEIJING — Chinese individuals and institutions sold more foreign currency than they bought through Chinese banks in September on expectations for a stronger yuan, statistics from the…
China vows to reform State-dominated sectors
17 january 2013 BEIJING — The Chinese government has vowed to reform State-dominated industries and aid them in market entry, a senior official said Wednesday. The country will stick to…
Sberbank expects surge in yuan, rouble settlement
17 january 2013 Trade settlement in national currencies between China and Russia will increase substantially starting in 2013, though there was no notable rise this year, a senior executive of…
Lawmakers hear reports on SOE, cultural system reforms
17 january 2013 BEIJING — Chinese legislators on Wednesday reviewed a series of reports on the reform of State-owned enterprises, the country’s cultural system and social aid. Minister of Culture…
China needs greater social assistance investment: report
17 january 2013 BEIJING — More government spending on social assistance is urgently needed, according to an official report tabled on Wednesday at an ongoing legislature session in Beijing. Civil…
Chinese public cultural institutions go private
17 january 2013 BEIJING — Progress has been made in converting government-funded cultural institutions into private enterprises, Minister of Culture Cai Wu said Wednesday. Cai made the comment when…
China, Poland hold trade, investment co-op forum in Warsaw
17 january 2013 WARSAW — A delegation of more than 30 Chinese enterprises attended the China-Poland Trade and Investment Cooperation Forum held here in Warsaw on Wednesday. The Chinese trade…
China’s urban unemployment rate stays at 4.1%
17 january 2013 BEIJING — China’s urban registered unemployment rate stood at 4.1 percent at the end of September, the same level as at the end of the second…
China’s industrial production to speed up in Q4
17 january 2013 BEIJING — China’s industrial production has been stabilizing as the government’s pro-growth measures gained traction, the Ministry of Industry and Information Technology said on Thursday. “Industrial production…
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