Housing boom in small cities to cool down after cuts in subsidies for shantytown redevelopment: analystHousing boom in small cities to cool down after cuts in subsidies for shantytown redevelopment: analystSurging home prices in small Chinese cities will probably experience a downturn as the country begins to cut down cash compensations for local residents whose homes are demolished in what’s called “shantytown redevelopment”, said market observers.

Beijing adopts 100,000 new public slogansBeijing adopts 100,000 new public slogansA new version of 100,000 public signs will sweep across the capital by March 2013.

Scientific Outlook on Development becomes CPC's theoretical guidanceScientific Outlook on Development becomes CPC's theoretical guidanceHu Jintao said Thursday that the theory of Scientific Outlook on Development is the most important achievement of the Communist Party of …

China adds resident's per capita income into economic growth targetChina adds resident's per capita income into economic growth targetA new target for economic growth was set by CPC on Thursday, including the resident's per capita income for the first time in history.

How much of Mao Thought will stay?How much of Mao Thought will stay?In 1981, five years after his death, China's ruling Communist Party began to save history from Mao Zedong. Today, speculation about wheth…

China welcomes its first F1 playerChina welcomes its first F1 playerChina finally witnesses the birth of its first F1 driver. On a press conference by Shanghai Sports Bureau yesterday, Spanish team HRT for…

Obama wins election for second term as presidentObama wins election for second term as presidentPresident Barack Obama handily defeated Gov. Mitt Romney and won himself a second term Tuesday after a bitter and historically expensive …