China Travel & Tourism News

Bank of America, the third-largest US banking group, is to invest 2.5 billion US dollars to buy shares of the China Construction Bank (CCB), according to an agreement finalized bet...

China's container handling capacity has reached 61.68 million TEU (Twenty foot equivalent unit) last year, ranking first in the world, the Beijing-based Economic Information Daily ...

China's securities regulator has published regulations on listed companies' buy-back of public shares, which became effective as of June 16. According to the regulations, whi...

First Auto Works (FAW) Car Co., China's biggest automaker, warned Wednesday that its first-half net profit could fall by more than 50 percent amid sluggish sales, rising costs and ...

Coal output in north China's Shanxi Province reported a decline of 20 million tons, or 14 percent, in the first four months over the same period last year, local resources said ear...

China's ship building capacity is expected to surpass 10 million dead weight tonnages (DWT) this year, accounting for 18 percent of the world total. Vice Minister of the State Co...

The number of mobile phone subscribers in China is expected to reach 535 million by 2009, predicted the American telecom research company International Data Corporation (IDC). Th...

Beijing housing prices are expected to grow 16.3 percent annually, faster than the overall economic growth rate, until the 2008 Olympic Games, Beijing-based China Business Times re...

Taxation adjustments, as a key means of macro-control, are already having an effect on cooling growth in housing prices in several cities cross the country. During the last t...

China has stepped up its efforts to set up a more flexible foreign exchange regime, fearing that capital being kept overseas could flood back into the country, the central bank sai...

China demands that the European Union "observe its political commitment" and lift arms embargo against China as soon as possible, said Liu Jianchao, spokesman for the Chi...

The Chinese markets for mobile phones and personal computers are likely to grow larger than those in Japan in value for the first time this year. After the hardware, the value of ...

The international shipping giants, including The Maersk Company Ltd, Hutchison Whampoa, China Merchants Holdings (International) Company Limited and PSA Corporation Limited, expres...

Most families in Beijing will have their own car by 2020. That is more than 5 million vehicles on the capital's streets. And you think your commute now is difficult. But all is...

Many economic frictions including the US restrictions on Chinese textiles are because some people like to meddle in trade, said Dr. Vernon Smith when asked to comment on the tenden...

Hong Kong has praised Saturday's EU-China agreement on the textile trade. The local government's Acting Chief Executive Henry Tang says it will create a stable environment for H...

China's foreign trade surged by 23.2 percent year on year to reach 522.78 billion US dollars in the first five months, the latest customs statistics show. Figures from China Cust...

China's general consumer price index reported a 1.8 percent year-on-year increase in May, a monthly report released by the National Bureau of Statistics said on Monday. The r...

China was on track to finish building its first strategic oil reserve storage tanks by August, but China had not indicated when it might start filling them in the face of high oil ...

China Construction Bank said Thursday its 2004 pretax profit rose 34.01 percent to a record high of 50.2 billion yuan (US$6.07 billion). Its nonperforming loan ratio dropped ...

New business opportunities in the Chinese tourist market are on show at the 19th Hong Kong International Tourism Exhibition. It's the largest ever in the event's history with par...

PetroChina was paying about US$3 billion to buy overseas oil and gas fields. PetroChina was paying about US$3 billion to buy overseas oil and gas fields from its State-owned pare...

China's rolled steel price, which kept sagging this year due to governmental macro-control policies, will probably rebound in the long run and stay at a high level, insiders said r...

The recent United States and European Union textile quotas will likely affect 400,000 Chinese workers in the industry, said a Chinese official at a forum in Ningbo, a city of east ...

China's Minister of Commerce Bo Xilai and European Union (EU) Trade Commissioner Peter Mandelson began talks here Friday afternoon to seek a solution to the textile trade dispu...

Taiwan's biggest mobile phone maker, BenQ Corp., announced here Wednesday that it will purchase the mobile phone business of Siemens and the deal will be completed before Sep. 30. ...

China and the Association of Southeast Asian Nations (ASEAN) have agreed to reduce duties on more than 7,000 kinds of products as of July 1, the Economic Information Daily reported...

An official with the China Leather Association said the attempt by the European footwear makers to launch safeguard measures against China cannot be justified. Wei Yafei, spo...

he government should completely lift barriers keeping overseas investors from China's urban infrastructure market, a senior construction official said yesterday. Zhang Yue, deputy...

The Bush administration's effort to increase pressure on China to overhaul its currency regime got less than rave reviews from Federal Reserve Chairman Alan Greenspan and key cent...