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Yao Ming slams 30m yuan into gold basket 2010-03-17 17:41:35

With more celebrities making a fortune in the Chinese stock market, the famous basketball player, Yao Ming is also getting on board. Beijing Unistrong Science & Technology Co Ltd, a high-tech firm in Beijing's Zhongguancun, issued its fundraising plan yesterday. The company plans to raise 469 million yuan through offering 30 million shares on ChiNext.

Happiness harder to achieve in big cities 2010-03-17 17:36:15

The happiness index of people in Jiangsu, Sichuan, Fujian provinces and Chongqing municipality was found to be high.

MOC to support steel mills in iron ore talks 2010-03-17 17:18:37

China's Ministry of Commerce (MOC) will take moves to support Chinese steel mills in the iron ore talk with foreign producers, including adopting necessary trade measures, the China Securities Journal reported.

Hainan plans administrative reshuffle 2010-03-17 17:06:32

South China's Hainan province is planning to reshuffle its administrative divisions by consolidating its 18 counties and cities into six major groups.

China's fastrack to the high speed era 2010-03-17 17:00:43

News that China is developing high speed trains with a maximum speed up to 500km/h may arouse the interests of frequent rail travelers in the country.

Firm gets bogus 2b yuan loan for railway 2010-03-17 16:59:09

A construction firm in Shanghai was found to have illegally acquired 2 billion yuan in bank loans in the name of the still-in-progress Beijing-Shanghai high-speed railway.

Public healthcare may cover pricy medicine 2010-03-17 16:46:54

The Ministry of Human Resources and Social Security will start negotiating with pharmaceutical companies to include some high-priced but therapeutic medicine in the list covered by public health insurance, the 21st Century Business Herald reported on Wednesday.

Central SOEs reduced to 127 2010-03-17 14:59:30

China New Era Group Corporation and China Energy Conservation Investment Corporation, two centrally-administered State-owned enterprises (SOEs), were approved by the State Council to restructure into one company, China’s State-assets watchdog said in a statement on its website.

Supreme Court VP gets life for taking bribes 2010-03-17 14:46:36

Huang Songyou, former vice-president of the Supreme People's Court, who was found guilty of taking more than 3.9 million yuan ($574,000) in bribes from 2005 to 2008, was sentenced to life, the Legal Evening News reported on Wednesday.

Tiger-bone liquor 'open secret' in zoo 2010-03-17 14:17:11

Tiger-bone liquor made by a zoo in northeast China's Liaoning province where 13 Siberian tigers have died in the last three months is an open secret. More animals reported dead