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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 Laurence Brahm(China Daily)2017-12-11 08:23

    The most consistent thing about US President Donald Trump is his inconsistency. With consistency, he has reneged on most campaign promises, with a few flagrant exceptions, such as withdrawing from the Paris climate change agreement, building up trade barriers, forcing American companies to divest in...

  • By Louis Kuijs(China Daily)2017-12-11 08:23

    China should face a relatively favorable external economic environment next year, with global GDP growth, according to our (Oxford Economics) estimate, expected to increase to 3.2 percent in 2018. While global import growth is likely to slow next year, it should remain higher than in 2015-16, suppor...

  • By Cang Wei In Nanjing(China Daily)2017-12-11 08:22

    Law enforcement departments of countries along the Belt and Road Initiative are enhancing cooperation in the pursuit of fugitives, as well as in anti-terrorism efforts and intellectual property protection, according to the Ministry of Public Security. Niu Haifeng, a director in the ministry's intern...

  • By An Baijie(China Daily)2017-12-11 08:20

    President also calls for tech firms to aid manufacturing, governments, security Implementing a big data strategy to better serve the country's development and improve people's lives should be accelerated, President Xi Jinping said at a key meeting. Xi, also general secretary of the Communist Party...

  • (China Daily)2017-12-11 08:20

    Visit for breaking news and exclusive content Education: Four Chinese win Rhodes scholarships Four Chinese students passed a rigorous final round of face-to-face interviews in Shanghai and stood out in a group of 14 final candidates to earn prestigious Rhodes scholarships for postgraduate study at t...

  • By Wang Ying In Shanghai(China Daily)2017-12-11 07:41

    China is making rapid progress in green buildings and appears set to cement its place among the world's top markets for cost-effective and environment-friendly structures, according to an industry report. The 2017 China Green Building Report by CBRE Research said the green building concept has been ...

  • By Ouyang Shijia(China Daily)2017-12-11 07:40

    Chinese internet celebrities convert 470 million fans into consumers, spawn novel businesses At 6 am, Yang Xia, 26, is already up and about, complete with attractive makeup, ready to roll for yet another hectic 12-hour work day to turbocharge new-age Chinese brands. As the day unfolds, Yang, wearing...

  • By Erik Nilsson(China Daily)2017-12-09 07:17

    The Hyatt Regency Qingdao's location makes the hotel ideal for visitors either for business or leisure, as it stands in the commercial heart of downtown Laoshan district and in proximity to Shilaoren Beach, a poplar tourist destination in the coastal city in Shandong province. The hotel in East Chin...

  • By China Daily(China Daily)2017-12-09 07:17

    The first China and the World: For Children and Mothers gala night was held at the Bulgari Hotel Beijing on Wednesday, attracting more than 200 participants. "The charity gala night leveraged the public fundraising platform of the China Friendship Foundation for Peace and Development, and mobilized ...

  • By Xin Zhiming(China Daily)2017-12-09 07:14

    Resolving risks, targeting poverty and controlling pollution top agenda China will make efforts to forestall and resolve major risks as well as push targeted poverty alleviation and pollution control next year, China's top leadership agreed at a major meeting on Friday. An overall plan should be m...

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