China Travel & Tourism News

Beijing is expected to witness a consumer price index (CPI) of 103 percent in 2005, according to the local reform and development commission. The commission attributed the expect...

Foreign trade via the Fuzhou Port in East China's Fujian Province surged by 31.25 percent year on year to reach US$11.421 billion in 2004, according to the Fuzhou Customs. Figure...

China's foreign trade volume of high-tech products maintained a rapid growth for three consecutive years and exceeded US$326.97 billion in 2004, up 43.8 year-on-year, sources with ...

China will invest 100 billion yuan (about 12 billion US dollars) to build railways in 2005, almost double the amount from 2004, said Liu Zhijun, minister of railways here Wednesday...

China's State Council passed in principle guidelines on encouraging, supporting and guiding the development of the non-public sector of the economy at its executive meeting here We...

China plans to establish a deposit insurance system that aims to protect depositors when financial institutions go bankrupt. A reliable source said yesterday the State Council, C...

Third generation (3G) mobile telecoms have been given a definite development timetable for the first time in China. "In collaboration with related government sectors, we are...

China's authorities have announced a campaign to stop rampant gambling, especially among government officials. When the communists took over in 1949 they branded gambling "a ...

WASHINGTON (Reuters) - The U.S. trade deficit widened unexpectedly in November to a record $60.3 billion, propelled by the highest-ever oil import bill and a drop in exports, a gov...

China's exports rose 33 percent to a record in December, widening the trade surplus to an all-time high, as consumers in the United States, Europe and Japan bought more mainland-ma...

MACAO, Jan. 12 (Xinhuanet) -- The number of hotel rooms in China's Macao Special Administrative Region (SAR) will double the present capacity in three to five years as the city's t...

Xiushui Market, a major Beijing tourist attraction with an international fame, was officially closed on January 6 after 20 years of business when a huge bucket of a yellow forklift...

The latest statistics from the General Administration of Customs shows China imported 120 million tons of crude oil in 2004. That is a year-on-year leap of 34.8 percent. The stat...

The city vowed yesterday to create 500,000 jobs this year, a fifth of which will see local farmers relocated in a bid to improve living standards, according to Jiao Yang, spokeswom...

GUANGZHOU: Guangzhou plans to launch several massive construction projects this year after winning a bid for the 2010 Asian Games, the Guangzhou municipal government said. Guangz...

A senior Ministry of Commerce (MOFCOM) official rebuked media speculation over a new law that aims to curb the actions of monopolies who stamp out competition. A Beijing newspape...

SHANGHAI, Jan. 11 (Xinhuanet) -- A regular direct air flight service between Shanghai and Venice, Italy is launched officially Tuesday, said sources from East China Air Traffic Con...

BEIJING, Jan. 11 -- As the traditional Chinese Spring Festival approaches, the travel market is showing definite signs of heating up. Many travel agencies have introduced new packa...

In 2004 China managed to have its foreign trade top 1 trillion USD. It is an exciting milestone which makes China a big trading nation in the world. But this does not mean China is...

So far the total rail traffic under construction in Beijing extends 88 kilometers with a total investment of RMB 40 billion yuan, witnessing 34 stations underway for construction a...

China's foreign exchange regulator said yesterday it had approved the investment quota for the first Chinese insurer to invest in overseas markets, four months after restrictions w...

China's top tax official said Tuesday that China's total tax revenue hit 2.57 trillion yuan (US$313 billion) in 2004, up 25.7 percent on a yearly basis. Xie Xuren, director gener...

A law has been drafted to boost environmental protection by helping out projects that use renewable energy. If implemented, the draft code, submitted to the Standing Committee of...

ZHUHAI: It is obviously a chilly winter for Wang Jinglun, the owner of a local food trading company. He was shocked to learn that Deng Bowen and Zhang Xiuzhi, a couple who duped hi...

The municipal government of Beijing will restrain the structure and scale of real estate development in the city in 2005, according to a senior municipal official. "It's...

BEIJING, Jan. 9 (Xinhuanet) -- Storm tides and other marine disasters cost China 5.4 billion yuan in direct economic losses in 2004, with 140 people left dead or missing, China's S...

Bank of Beijing said it is in talks with overseas financial institutions that may result in at least two foreign banks taking a combined 24.98 percent stake in the 16th biggest of ...

With the greenback going weak, prices of basic energy resources including oil and coal will continue the upward movement. This will finally hurt the profitability of the downstream...

Marine pollution has posed a grave challenge to China over the past year, a spokesman for the State Oceanic Administration said yesterday in Beijing. "The coastal marine eco...

Two prominent Chinese economists have called for caution in revaluing the yuan, saying authorities must keep an eye on other currencies as well as China's export sector before maki...