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Criminal suspect escorted back to China from Thailand

A Chinese national suspected of embezzling more than 13 million yuan ($1.9 million) has been escorted back from Thailand where he had stayed 11 years, China’s Ministry of Public Security (MPS) said Friday.

[ More ] January 29th, 2010 | No Comments | Posted in China |

China funds 50M yuan to fight severe drought

China has earmarked 50 million yuan ($7.35 million) of emergency fund to help South China fight the worst drought in 50 years, the Ministry of Finance said on Friday.

[ More ] January 29th, 2010 | No Comments | Posted in China |
 

Chinese ‘eat’ 1.8 trillion yuan in 2009

China’s catering industry grossed 1.8 trillion yuan ($263 billion) in 2009, with a 16.8 increase from the previous year, according to a report by China Cuisine Association (CCA), the Beijing News cited today.

[ More ] January 29th, 2010 | No Comments | Posted in China |

China to make $1.76B rural green investment in 3 yrs

China’s central government plans to spend 12 billion yuan ($1.76 billion) on rural environment protection in the three years to 2012, the Ministry of Finance (MOF) said in a statement on its website Thursday.

[ More ] January 28th, 2010 | No Comments | Posted in China |
 

Jellyfish aquarium opens in Nanjing

Nanjing invested 8 million yuan in the aquarium, which showcases thousands of jellyfish belonging to dozens of categories.

[ More ] January 28th, 2010 | No Comments | Posted in China |

China to issue 26B yuan of two-year treasury bonds

China is scheduled to issue 26 billion yuan (3.82 billion US dollars) of book-entry treasury bonds from January 28, the Ministry of Finance (MOF) announced Wednesday.

[ More ] January 27th, 2010 | No Comments | Posted in China |
 

NBO: Marine disasters claim 95 in 2009

Marine disasters in China were responsible for the loss of 95 lives with a direct economic loss of an estimated 10 billion yuan and ($1.5 billion) last year, according to an announcement released by National Bureau of Oceanography (NBO) on Wednesday.

[ More ] January 27th, 2010 | No Comments | Posted in China |

New 15-million-yuan school set to be demolished

A newly built primary school worth of 15 million yuan ($2.2 million) may have to be demolished because it stands in the way of a planned business district, cnr.cn reported today.

[ More ] January 26th, 2010 | No Comments | Posted in China |

Foxconn worker killed; reward offered for info

Foxconn Technology Group, a unit of Taiwan electronics giant Hon Hai, is offering a 500,000-yuan ($73,219) reward for information on the sudden death of a worker at a plant in south China on Saturday.

[ More ] January 26th, 2010 | No Comments | Posted in China |

Tourism to exceed 1.44 trillion yuan in 2010

China’s tourism industry will grow by 12 percent to exceed 1.44 trillion yuan ($210 billion) in 2010 and employ 500,000 more people in the industry, according to a nationwide tourism meeting today, reported by xinhuanet.com.cn.

[ More ] January 25th, 2010 | No Comments | Posted in China |
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