Briefs

BANKING

CBRC Acts on Excessive Lending

The China Banking Regulatory Commission recently issued two circulars requiring banks ensure that new loans are channeled into the real economy.

Liu Peng | 2009-07-31

SOLAR POWER

China to Subsidize Investment in Solar Energy Prod...

The initiative, known as Golden Sun, will provide subsidies to projects that produce more than 500 megawatts of solar power over the following two to three years.

Zhou Yuning | 2009-07-27

ENVIRONMENT

Audit Office Releases Critical Report on Dam Proje...

The National Audit Office has published a critical report on China's second-largest dam project.

Tang Xiangyang | 2009-07-27

GDP

China's GDP Grows 7.1% in First Half

China's gross domestic product grew by 7.1 percent in the first half of 2009, putting it back on track to achieve the government's goal of 8 percent growth for 2009.

Yao Bo | 2009-07-23

CURRENCY

Central Bank Denies Plan to Release 500 Yuan Note

The People's Bank of China denied rumors that a new 500 yuan bank note will be released in November this year.

Zhou Yuning | 2009-07-23

GROWTH ENTERPRISE BOARD

China to Start Accepting Listing Applications for ...

China will start accepting applications from companies interested in listing on Shenzhen's soon-to-be-established Growth Enterprise Board (GEB) from July 26.

Liu Peng | 2009-07-21

EARTHQUAKE

5.6-Magnitude Quake Rocks Sichuan

Mianzhu, one of the areas hardest-hit by last year's devastating earthquake, was rocked by another moderately strong quake early Tuesday morning.

Liu Peng | 2009-07-20