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Economic Pulse

China UnionPay Co Ltd, the country's largest bank card payment processor, aims to expand the international issue of its single-branded cards.

China won't engage in any "currency wars" by depreciating the value of the yuan through monetary easing policies to shore up the economy, as some major economies have done, said a former deputy central bank governor on Tuesday.

Service sector employers have reported one of their most optimistic hiring periods in years, with nearly 25 percent planning to hire more staff.

Legal experts are calling on legislators to shore up the commitment of China's employers to prevent sexual harassment in the workplace.

Deputies to the National People's Congress expressed concern that the construction of a non-profit railway in western regions may be jeopardized if the Ministry of Railways is split.

The Tibet autonomous region will open up further to the outside world and attract more visitors from aboard as of this summer, according to a senior Tibetan legislator.

A mayor in Henan province is vowing to maintain a clean supply of water for a project that diverts water from the Yangtze River to northern Chinese cities, including Beijing.

Chongqing Liangjiang New Area, an emerging hot investment destination in China, aims to maintain 20 percent annual GDP growth over the next eight years.

China's National Afforestation Committee released a bulletin showcasing developments in the forestry sector in 2012 to mark the country's 35th Tree Planting Day.

China Eastern Airlines may expand its joint-venture budget operation Jetstar Hong Kong to the Chinese mainland within three years.

Tencent to boost WeChat app

2013-03-12 11:07

Tencent Holding Ltd will speed up the commercialization process of its popular WeChat messaging application as part of its global expansion strategy.

China's troubled solar-panel manufacturing industry should see light at the end of the tunnel as early as this year, the CEO of a major panel manufacturer said.

Although China's exports to the EU dropped by 6.2 percent last year, the nation's share in the EU's market for foreign trade rose, experts said.

Pre-owned house sales soar

2013-03-12 08:54

Pre-owned home sales almost tripled in Beijing last week, following the latest moves by the State Council to control the property market.

China will earmark more funds and roll out favorable policies to further exploit its coalbed methane reserves amid efforts to step up new energy exploration.

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