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06/14/2012

State Council Improves Food Safety

Country will reward people who expose substandard products. The State Council laid out measures to improve food safety on Wednesday, including tighter supervision and harsher punishment for violators." It is an onerous task for the government to ensure food safety," as China's food industry is still suffering from nonstandard management and many hidden safety risks, [...]

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06/14/2012

Officials Dismiss Online Claim of Forced Abortion

Family planning officials in a rural county in northwest Shaanxi Province denied that they forced a woman to abort her second baby, saying she agreed to terminate her seven-month pregnancy. Feng Jianmei, 23, was married to a man in Zhenping County in 2006 and gave birth to a girl the next year. When she was [...]

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06/14/2012

Yuan Internationalization Mainly Driven by Market Demand

The internationalization of the yuan, which has not achieved full capital account convertibility, is mainly driven by market demand, experts said at the sixth China International Private Equity that kicked off in Tianjin on June 10. Demand for yuan trade settlement promotes the currency’s internationalization. Wang Xiaoyi, deputy head of the State Administration of Foreign [...]

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06/14/2012

China’s Spacecraft Launch to Set New Records

The impending launch of the manned Shenzhou IX spacecraft will be the first time that China's astronauts will stay in space for more than 10 days, said Cui Jijun, chief commander of the country's first space docking mission's launch site system, on Wednesday. The previous record is five days, set by the Shenzhou VI spacecraft [...]

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06/14/2012

Trade Outlook Poor Despite May Figures, Economist Says

(Beijing) – Despite improved figures for foreign trade in May, an economist says the outlook for China's exports remains uncertain due to the weak economic recovery of major trade partners. The growth of exports and imports reached a historic high in May, the General Administration of Customs said. Exports rose 15.3 percent from May 2011 [...]

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