Public bidding for national oil reserve projects started over the weekend, marking the first time that the national oil reserve project was opened to private enterprises, the Beijing Times reported Tuesday, citing a source close to the matter.
Multinational firms are expected to increase procurement value by 30 percent in Shanghai this year, thanks to the recovering economy and their expansion plans in China, a United States-based business-to-business media firm said yesterday.
Authorities are working on detailed rules to cool down the property market in Shanghai, which will be more strict than central government policies, a municipal government official said.
Chen Qiwei, a spokesman for the Shanghai municipal government, did not rule out the possibility of levying pr
China's exports surged by 48.5 percent year on year in May, while the imports climbed 48.3 percent, the General Administration of Customs (GAC) announced Thursday.
The growth rate for exports was 18.1 percentage points up from the figure for April, and the import gr
Consumer prices in the United States declined a seasonally adjusted 0.2 percent in May, the second consecutive monthly drop, reported the Labor Department on Thursday.
The May Consumer Price Index (CPI), which tracks inflation at the retail level, marked the biggest decline since consumer
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