Yesterday, in Wuhang city, Mr.Hu, vice mayor said, ‘forty cement enterprises, such as Dongfang cement factory, Hangang cement factory etc, were suspended for wasting resource and pollution' . 

Mr.Hu said, ‘in this year, the government would take some actio

China has realized some fundamental economic problems contributing to the ongoing overheating in certain economic sectors and has begun to take actions against them.

    These issues, identified at an executive meeting of the State Council in mid-July and

China's banking regulator has urged commercial banks to take a differentiated approach when tightening lending policies as part of the State's efforts to cool down expansive investment and credit growth.

Liu Mingkang, chairman of China Banking Regulatory Commission (CBRC), c

XI'AN: Coal boilers are to be shifted out of urban areas in this tourist city to clean up the air in the Shaanxi Province capital, reported Tuesday's China Daily.

    Residents and tourists should soon be able to enjoy clear blue skies and fresh air as th

The overhaul of the banking system should be a top priority for macroeconomic control in China, a country boasting a big, roaring economy but stymied by loan-backed overheating, a financial expert warned here Saturday.

    China's capital markets, includi

China's commodity market will continue to register steady growth in the second half of this year, but this will be slightly slower than the first half of 2004.

    Retail sales of consumer goods are likely to grow by 10.5 per cent year-on-year to 5 trilli

 All-out efforts should be made by all localities and departments to ease the summer power shortage problem, and controlling electricity demand should be the priority in solving the problem, said Chinese Premier Wen Jiabao here Monday.

 Wen made the remark w

 Extremely concerned about the short supply of coal, oil, electricity and transport services across the country, the Chinese premier has been inspecting related sectors recently, and called for guaranteeing transport of key materials including coal, oil, fertilizer and grain

 China's ongoing reform in its investment system will create a more favorable system environment for foreign investors by simplifying relevant procedures, a senior official with the State Development and Reform Commission said here Wednesday.

    Jia

GUANGZHOU: The cost of eight key infrastructure projects in Guangdong Province was cut by more than 265 million yuan (US$32 million) after audits last year.

In his annual report to the Guangdong Provincial People's Congress, Zeng Shouxi, director-general of the Guangdong