Tue, Apr 22, 2025
China's big four banks issued 164 billion yuan ($26.3 billion) of new credit in December, Economic Information.
The Ministry of Land and Resources on Monday urged local land authorities to overhaul the reporting system of land uses, the Shanghai Securities Daily reported.
The president of a painting academy was sentenced to death by a court in East China’s Anhui province on Sunday for raping 23 females, including five underage girls.
Four police officers in Xi'an, capital of Shaanxi province in Northwest China, have been sentenced to prison after they were caught running a racket where they would use prostitutes as a honey trap to unlawfully fine the prostitutes’ clients and keep the money.
The net asset value of Chinese public funds increased 30.77 percent year-on-year to 2.87 trillion yuan ($454.97 billion) by the end of 2012.
China may speed up its pace of integrating central State-owned enterprises as it announced it will merge two central SOEs, reducing the total number of such companies to 116.
China Securities Journal reported that ministries including the Ministry of Commerce are drafting a 2011-2020 guide for border areas to develop new engines for foreign trade.
China's budget deficit is likely to expand in 2013 as the government's increased expenditure and tax reform measures will lower the growth rate of its revenue.
An official from China's quality watchdog has said in an interview the administration is closely monitoring the quality of Volkswagen's direct-shift gearboxes.
The number and value of equity investment deals in the Chinese clean-energy sector in 2012 reached a six-year low, with only eight deals receiving funds of $510 million.
Experts forecasted that China's food prices will face a new round of inflation amid unfavorable weather and the approaching Spring Festival.
China's GDP is projected to grow 7.8 percent in 2012 and 8.1 percent in 2013 as foreign trade, consumption and investments will outperform those seen in 2012.
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