China to reform prices in energy sector

BEIJING, Feb. 28 (Xinhua) -- China will reform its energy and resource pricing system this year, but will time it to minimize impacts on consumer prices, the country's price regulator said Tuesday. The move is aimed at letting the market play a role

中国取消药品最高限价

The National Development and Reform Commission, China's economic regulator, has confirmed the country will lift price controls on most medicines starting from next month. CRI's Huang Shan reports. From June 1, China will relax price controls over the

China cuts its reserve ratio again

BEIJING, May 13 (Xinhuanet) - China's central bank announced on Saturday it would lower the reserve requirement for commercial lenders by 50 basis points, the second time it has taken such action this year to inject more market liquidity and shore up

生猪价格创历史新高

Less demand for pork after the festive season of China's traditional Lunar New Year usually causes a price dip, but this year the market has seen an unexpected surge in hog prices. Statistics show that the hog price is nearly 20 yuan per kilogram, a

中国汽车厂商蔚来汽车发布全球最快电动超跑

On Nov. 21, Chinese electric carmaker NextEV unveiled its EP9 model at the Saatchi Gallery in London, along with its NIO brand and logo. 11月21日，中国电动汽车制造商蔚来汽车在伦敦的萨奇艺术馆展出了其EP9车型以及其NIO品

旅游业有望帮助中国扶贫

The National Tourism Administration and the poverty alleviation office under the country's cabinet have announced a joint plan for further development of countryside tourism between 2015 and 2020. The plan is expected to help lift about 12 million pe

央行降准降息支持实体经济

The People's Bank of China says the economy is still facing downward pressure. Meanwhile, the global financial market has shown major fluctuations recently. Therefore, the central bank has concluded that it's necessary to apply flexible monetary poli

土豪我们不约 BMW在华销量下降

A drop in sales in China and investment in new vehicles has hit German luxury car maker BMW's second-quarter profits. 由于在华销量下降和对新车的投资，德国豪华汽车制造商宝马第二季度的利润受到了影响。 The Munich-

救市不断 中国股市仍跳水

China's A-share market has seen another day of sell-offs, despite the government's attempt to shore up market confidence. The Shanghai Composite Index has closed the day down 3.5-percent. Nearly 15-hundred issues in Shanghai ended the day down the da

China waves goodbye to veteran MD jet

SHENYANG, Nov. 17 (Xinhua) -- A MD-90 aircraft left the northeastern city of Shenyang for its American home on Thursday, ending the service of the last McDonnell-Douglas jet for Chinese airlines. Chinese carriers will no longer operate MD-made jets d

美国英语口语俚语(8)

美国英语口语俚语(8) 1.let the cat out of the bag 泄漏秘密 I won't let the cat out of the bag. 我不会泄漏秘密的。 2.in the market for 想买，积极物色 People are always in the market for something new and different. 人们总想

宝马第三季度销量创纪录

The Made in Germany brand is alive and well at BMW, which recorded another sales volume record in the third quarter. But concerns about China's economy dominate and the uncertainty could prompt a weakening outlook. 就宝马(BMW)的情况而言，德国

中国养老保险基金将投资股市

Amid worries about the pension fund's low investment return over the past years, the Ministry of Human Resources and Social Security (MHRSS) released a draft guideline that allows the fund to be invested in the stock market. Ministry spokesperson Li

万达电影院线上市IPO

China's biggest movie theatre operator, Wanda Cinema Line, is reportedly going to scale back its IPO, scheduled to take place on the Shenzhen Stock Exchange later this week. Reports say Wanda will seek to raise about 1.2 billion yuan or 203 million U

中信证券回应做空指控

BEIJING, Aug.2 (Xinhua) -- China's top securities broker, CITIC Securities, responded on Sunday to claims that it has short-sold Chinese shares. On Friday, the Shanghai and Shenzhen exchanges restricted trading of 24 accounts as they were suspected o

社交之心不死! 支付宝新上线社交功能!

Alipay, one of China's most widely used digital wallets, is testing a new social networking feature in its latest attempt to take on WeChat, the country's leading messaging app. 我国应用最广的数字钱包之一支付宝正在测试一项新的社

游轮公司放眼中国市场

It's really relaxing, this style of holiday. On the boat your (phone) signal might not be very good, so it's a different way of living, not looking at your phone every day. It's like a utopia. Very relaxing. This is the first time we've been on a cru

4S phone fever hits China

BEIJING, Oct. 24 (Xinhuanet) -- Thirty-year-old Chen Liang acquired his iPhone 4S in a relatively straightforward way without visiting the gray market. He typed Looking for an iPhone 4S through weibo on the Chinese equivalent of Twitter at 9 am on Oc

Fitch: US Still AAA

The Fitch rating agency is keeping its top-level credit rating on the United States. Fitch says it kept the AAA credit rating in place because the U.S. economy is flexible, diversified, and wealthy, which helps the nation adjust to marketplace shocks

淘宝与工商总局口水战升级

At the core of the quarrel is whether Taobao, the most profitable branch of e-commerce giant Alibaba Group, has been fairly treated by the regulator. The State Administration for Industry and Commerce or SAIC published a quality inspection report las