• Forty cement enterprises are suspended In Wuhang

    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 tackles underlying problems in economy

    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

  • Regulator urges loan support to private cement sector

    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 cleans up coal boilers in urban areas

    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

  • Bank overhaul should be priority: expert

    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

  • Commodity market growing steadily

    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

  • Wen highlights power demand control

     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

  • Premier stresses transport of coal, oil, fertilizer, grain

     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
  • Reform underway to favor foreign investment

     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.


  • GUANGZHOU:Audits cut millions from project costs

    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

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