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REAL ESTATE

Blue Book of Real Estate Warns of Tighter Measures

The Chinese Academy of Social Sciences and Social Sciences Academic Press jointly released an annual report on China's real estate sector yesterday. According to Li Enping, the associate editor of the "Blue Book of Real Estate: Annual Report on the Development of China's Real Estate (No. 8)," high demand for housing will eventually ease as demographic changes begin to bite. The report also emphasi...

Shenzhen Evening News | 2011-05-06

FUEL

Fuel Prices Could Go Up on May 9

The National Development and Reform Commission (NDRC) may raise the retail price of refined oil on May 9, as a basket of international crude oil prices increased by more than the amount required to trigger the possibility of a price hike, according to an analyst. If true, fuel prices could climb to double those of 6 years ago.

Guangzhou Daily | 2011-05-06

SICHUAN

New Economic Zone Linking Chongqing and Sichuan

The National Development and Reform Commission (NDRC) said yesterday that the State Council has given approval to a plan to set up a special economic zone linking various cities in Sichuan and most of Chongqing. Over the next 4 years, the zone is expected to become a focal point of economic activity in Western China and by 2020, is expected to be one of the most important economic areas in the cou...

Chengdu Commercial Daily | 2011-05-06

GOVERNMENT SPENDING

SASAC Reveals 2011 Budget

The State-owned Assets Supervision and Administration Commission (SASAC) is the latest central government department to reveal details of its 2011 budget, publishing the figures on its official website yesterday. Responsible for overseeing the large centrally-run government-owned enterprises, SASAC plans to spend 3.9445 billion yuan on "ordinary expenditure" in 2011, 510 million yuan more than it ...

Shanghai Securities Journal | 2011-05-06

AVIATION

A Quarter of all Chinese Commercial Flights Behind Schedule in 2010

The Civil Aviation Administration of China (CAAC) issued a report yesterday which included details of the proportion of commercial flights that took off according to schedule. According to the report, of the 1,888,000 scheduled flights operated by the major commercial airlines last year, 75.8% departed on schedule, a drop of more than 5 percentage points on the rate recorded in 2009. According to ...

The Beijing News | 2011-05-05

MEDIA

SARFT Calls for 3-month Halt to Spy Shows on Satellite TV

According to sources at some of China's largest satellite TV stations, the State Administration of Radio, Film and Television (SARFT) has required large satellite TV stations across the country to refrain from broadcasting spy dramas or related programs between May and July this year. The Zhejiang, Tianjin, Jiangsu and other major satellite TV stations have all been officially notified by SARFT ab...

Chongqing Morning News | 2011-05-05

COMPENSATION

Supreme People's Procuratorate Lifts Compensation in Keeping with New Wage Figur...

The Office of Compensation of the Supreme People's Procuratorate announced yesterday that it had adjusted the standard rate at which compensation paid to citizens involved in compensation cases will be calculated, in line with the most recent average annual wage figures released by the National Bureau of Statistics. The procuratorate increased the daily payment by 16.9 yuan to 142.33 yuan per day....

Xinhua News Agency | 2011-05-05