Government Updates
Chinese auto giant FAW reports record sales in '08
China's major automaker First Automobile Works (FAW) Group said Thursday its sales volume and revenue both reached record highs in 2008.
Read moreForeign banks may regret rush out of China
In the scramble to unload their stakes in Chinese banks, international lenders are hurrying out through a door that took years to pry open and may be shut more tightly on them in the future.
Read moreChina suspends fuel surcharges on domestic flights
China will suspend fuel surcharges on domestic flights from Jan. 15 due to fall in kerosene prices, China's top economic planner and the Civil Aviation Administration of China (CAAC)jointly announced Wednesday.
Read moreChina cuts gasoline, diesel prices
China cut its benchmark retail gasoline and diesel prices by 2 percent and 3.2 percent respectively on Thursday.
Read moreChina vows unchanged policies on developing ties with EU
China vowed Thursday to continue its policies on relations with the European Union (EU) to achieve a stronger, comprehensive strategic partnership.
Read moreChina overtakes Germany in terms of GDP
China surpassed Germany to become the world’s third largest economy after it raised its economic growth estimate for 2007 Wednesday.
Read moreChina-EU dialogue a sign of improving ties
Tomas Pojar, first vice-foreign minister of the Czech Republic, will lead a European Union (EU) delegation at the forth China-EU strategic dialogue to be held in Beijing Next Monday, the Foreign Ministry said.
Read moreChina GDP growth for '09 predicted at 7%
China's gross domestic product (GDP) growth might slow to 7 percent this year from 9 percent in 2008 on weakening external demand and decreasing domestic investment, a Deutsche Bank economist said.
Read moreChina to enhance reform during financial crisis
China will resolutely advance its reform and opening-up despite the global financial crisis, said Jia Qinglin, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) Wednesday.
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