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The central government has repeatedly restated its determination to control the property market. It has also vowed to keep in place measures such as higher down-payments and restrictions on third-home purchases. Despite the measures, China's real estate market is showing signs of recovery. According to a report released by the China Index Academy, home prices in most major cities increased for the sixth consecutive month in November in 2012. New home prices in 10 major cities, including Beijing and Shanghai, rose by 0.39 percent in November from October, marking a year-on-year rise for the first time in 2012.
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  • By Ma Si(China Daily)2017-10-19 07:50

    Homegrown Chinese chipmakers aim to increase their presence in a variety of industrial products as data security becomes a priority.Based in Beijing, Loongson is at the forefront of these ambitious, expansion plans.The brand name for the country's first general-purpose microprocessor with intellectu...

  • By Zhang Yan(China Daily)2017-10-19 07:43

    "The fundamental reason for my corrupt behavior is that I lost faith and disregarded Party principles, I failed to be alert, and I committed a crime." Those words were spoken during a 10-episode documentary aired by China Central Television in July. The speaker was Huang Xingguo, a former acting Pa...

  • By Yuan Shenggao And Han Junhong(China Daily)2017-10-19 07:40

    Province is home to many leaders in manufacturing sector, as well as industrial research institutes A new high-speed bullet train that started service in late September - linking Beijing and Shanghai and running at a maximum speed of 350 kilometers per hour - was a watershed moment for the country, ...

  • (China Daily)2017-10-19 07:14

    Hebei Trademark festival to be held in Tangshan The China Trademark Association has decided that Tangshan will be the host city of the 2018 China Trademark Festival, the largest and most influential annual international event for trademarks and brands in the nation. Tangshan is now home to more than...

  • By Zhang Zhao(China Daily)2017-10-19 07:14

    Experts see the dispute - part of intense international rivalry - probably going to mediation The recent patent lawsuits between Qualcomm and Apple in China will probably end in mediation after a prolonged wrangle over the interests of the two IT giants, industry experts said. Qualcomm filed the law...

  • By Chen Meiling(China Daily)2017-10-19 07:14

    Multi-functional robots, intelligent air conditioners, low-carbon equipment - these are just some of the many cutting-edge technology products gracing the ongoing 122nd China Import and Export Fair, or Canton Fair. As many leading companies are exhibiting new products with their own patents, brands ...

  • (China Daily)2017-10-19 07:13

    Govt and policies Central bank continues net cash injection China's central bank on Wednesday continued to pump money into the interbank market via reverse repos to ensure stable liquidity. The People's Bank of China conducted 160 billion yuan ($24 billion) of seven-day reverse repos with an interes...

  • By Wu Yiyao In Shanghai(China Daily)2017-10-19 07:13

    China recently gave the green light to a new financing product that is based on rental income from apartments in major cities. The new product is modeled on the lines of quasi-Real Estate Investment Trusts (REIT) which are allowed to use securitization techniques to monetize assets and access fundin...

  • By China Daily(China Daily)2017-10-19 06:11

    HK's biggest fashion sourcing pageant to show off the hottest designs with a smart touch in various categories Smart apparel, internet-connected accessories, eco-friendly fibers - the convergence of fashion and technology, along with other latest trends in fashion - will come under the spotlight at ...

  • By Zhu Lingqing(chinadaily.com.cn)2017-10-18 11:00

    View of a construction site of China State Construction Engineering Corporation in Yichang city, Central China's Hubei province, April 12, 2016.[Photo/IC]China State Construction Engineering Corp Ltd (CSCEC), China's largest construction company and biggest building work contractor, said on Tuesday...

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