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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 Angus Mcneice(China Daily UK)2017-08-17 16:33

    Chinese visitors will be able to visit their own version of Cornwall's Eden Project in Qingdao in Shandong, where construction is scheduled to start this year.It will be one of three versions due to be built in China.The Eden Project's biomes in Cornwall attract over a million visitors each year-m...

  • By Chen Meiling(China Daily)2017-08-17 08:50

    Blacklist, warning system established to raise awareness of design rights, deter plagiarism Jewelry companies that plagiarize designs will be put on the industry blacklist if they refuse to rectify their actions after two warnings, according to Shi Hongyue, secretary-general of the Gems and Jewelry ...

  • (China Daily)2017-08-17 08:50

    Zhejiang Alibaba, French fashion house Kering team up Hangzhou-based e-commerce giant Alibaba and French luxury group Kering reached an agreement last week to work together against counterfeiting, both online and offline. The two sides have established a joint working group to share information. Ali...

  • By Zhuan Ti(China Daily)2017-08-17 08:50

    As the Chinese military-themed action movie Wolf Warrior II has gained huge market acclaim, the potential value of the movie's name is drawing increasing attention. Industry experts said there is an ongoing intellectual property battle behind the scenes of the battle for the box office. Since 2014 -...

  • (China Daily)2017-08-17 08:49

    Toutiao helps quake victimsChinese online content aggregation application Toutiao launched its online people search platform together with China National Radio on Aug 8 when the earthquake hit Jiuzhaigou county of southwestern Sichuan province. By 10 pm the next day, more than 2,500 pieces of inform...

  • By Luo Weiteng In Hong Kong(China Daily)2017-08-17 08:47

    As China's regulatory environment on overseas transactions gets tighter, domestic companies buying up assets overseas should adopt a more prudent and rational outlook, experts say. "Companies hungry for overseas deals should take in 'vitamins' rather than 'antibiotics'. This means doing their homew...

  • By Zhou Wenting In Shanghai(China Daily)2017-08-17 08:45

    Chinese bike-sharing giant Mobike testified in a Shanghai court on Wednesday that its technical process for unlocking the shared bikes is different from the invention of an auto parts technician surnamed Hu, who sued the company for patent infringement. "The unlocking process of Mobike - which invo...

  • By Cao Yin(China Daily)2017-08-17 08:43

    China's top court has ruled that the two leading brands of herbal tea may both use the exact same packaging, as long as they do not harm each other's interests. The makers of Jiaduobao and Wong Lo Kat have been locked in a five-year legal battle over the right to a trademark design: a red can with d...

  • By Dan Steinbock (chinadaily.com.cn)2017-08-16 15:41

    US President Donald Trump speaks about the violence, injuries and deaths at the "Unite the Right" rally in Charlottesville as he talks to the media with Secretary of Transportation Elaine Chao (R) at his side in the lobby of Trump Tower in Manhattan, New York, US, August 15, 2017. [Photo/Agencies] A...

  • (Xinhua)2017-08-16 09:47

    BEIJING - Any US trade protectionism move against China will surely damage bilateral economic and trade ties, a Chinese Foreign Ministry spokesperson said Tuesday.China's Ministry of Commerce (MOC) Tuesday expressed "grave concerns" about a memorandum signed by US President Donald Trump to direct US...

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