China Travel & Tourism News

Siemens Power Transmission and Distribution (PTD) and Shenzhen Baochang Power Supply Co. Ltd. signed an agreement Monday to form a joint venture to manufacture medium-voltage switc...

The State Administration of Foreign Exchange announced Tuesday that China's foreign debt (excluding that from Hong Kong, Macao and Taiwan) totaled 233.4 billion US dollars by the e...

Germany on Monday signed a railway cooperation deal with China which it said would boost the German railway industry's position in China, one of the world's fastest growing economi...

Efforts are being stepped up to remove legal hurdles hindering the development of China's 3.4 million private enterprises. Officials with the Law Department of the All-China Fede...

China says to realize the goal of working decently is the common wish of all workers around the world and the prerequisite of economic development and social progress. Vice Minis...

China will spend some $48.33 billion on building new nuclear power plants by 2020. China, the world's second-largest energy consumer after the United States, will spend some 400 ...

With the go-ahead from regulators, China's private businesses are making inroads into one of the last "bridgeheads" of State monopoly developing weapons for national defe...

Swiss foodmaker Nestle has made an apology to the public after admitting one of its infant milk powder formulas contains iodine higher than the national standard, according to a re...

A senior Chinese official urged the United States to properly settle the Sino-US textile trade issue and claimed that the protection of intellectual property rights are progressing...

Chinese PC maker Lenovo Group said it will supply equipment to US TV network NBC for 2006 Winter Olympic coverage in the first deal outside its home market since its purchase of IB...

The first large-scale campaign to promote employment among private enterprises opens today in Beijing. Co-organized by the Beijing Municipal Labour and Social Security Bureau, Be...

China will gradually push for the full convertibility of the yuan, Vice Premier Huang Ju told a forum on Monday in a restatement of long-standing government policy. Speaking to t...

Bank of China, the country's largest foreign exchange bank, hopes to sell more than 10 percent of its shares to a number of foreign investors, its president, Li Lihui, said on Mond...

The Siemens China Power Transmission and Distribution (PTD) Group kicked off a road show in Guangzhou on Wednesday as part of its efforts to capitalize on China’s rapidly inc...

China does not want large incremental rises in foreign exchange reserves because it poses a difficult problem for the government, Commerce Minister Bo Xilai said on Friday. China...

Visiting US Commerce Secretary Carlos Gutierrez said the US government hopes to solve the US-China textile issue through consultations and continue strengthening economic and trade...

French hotel group Accor S.A. said Tuesday it expected to double its number of hotels on the mainland and in Hong Kong to 50 by 2007. Accor operates hotels under various name...

May, usually a blossoming month on the earth, showed certain ambivalent signs for Chinese textile producers and traders amidst trade tensions. Their colleagues in the United State ...

Renault Trucks is putting China at the top of its development strategy and pumping investment into the country. The company aims to sell 50,000 trucks in China by the year 2010, ...

China is not in danger of overheating and will be able to sustain growth of 8 percent a year for the next decade, a leading economist said on Tuesday. Growth has averaged more t...

China's car market was set for steady growth and stable prices despite a collapse in sales growth and heavy discounting last year, the head of Ford Motor Co.’s main joint ven...

Present at the 2005 Beijing Forum of Nobel laureates, famous economist and Nobel laureate American university professor Vernon L. Smith said in his speech delivered on the morning ...

Shanghai absorbed 4.11 billion US dollars worth of foreign investment in the first four months of this year, with more than half going to the municipality's tertiary sector, said t...

The Bank of China, on of th the country's largest lenders, plans to sell stakes worth 10 billion dollars to strategic investors to help it recapitalise. "The final results o...

China was considering canceling the dividend tax paid by shareholders to liven the laggard stock market, The Economic Observer reported. Citing unidentified sources, the paper re...

In a move to safeguard thousands of jobs, China declared it will scrap - after only 10 days - its sharply increased export duties on Chinese-made textiles. The withdrawal comes a...

The banking sector of China registered a profit of approximately 93 billion yuan (some 11.24 billion US dollars) last year, a year on year rise of 200 percent, according to a repor...

Some of the world's heavyweight thinkers in economics took centre stage at Beijing's Great Hall of the People yesterday - and offered their insight and wisdom which could have impl...

Economies in the regions mainly inhabited by ethnic minorities have risen by over 10 per cent since the turn of the new century, new government statistics show. The disposal of t...

Ministry of Commerce spokesman Chong Quan yesterday stated the country's opposition to the European Commission's decision to launch safeguard measures on two categories of Chinese ...