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  • September 24, 2014
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  1. Homebuyers protest in Shenzhen against shabby public flats

    Posted Aug 14th 2009, 12:00am by Fiona Tam

    ... their employers and children's school principals. 'Although we have found huge holes in our flats, the government only offered 12,000 yuan [HK$13,600] compensation,' property owner Huang ... Ms Huang said she expected 60,000 to 70,000 yuan in compensation from the government after paying about 5,000 yuan per square metre for the apartment. Property owners complained ...

  2. Top leader to head health care taskforce

    Posted Apr 09th 2009, 12:00am by Josephine Ma

    ... of central government departments, local governments and hospital managers. The central government also clarified that the 850 billion yuan (HK$965 billion) pledged for the medical sector in the next three years was in addition to the 282.6 billion yuan that the central and local governments spent last year. 'The amount of 850 billion yuan is the total investment in the next three years ...

  3. Beijing backing for HK as yuan trading centre

    Posted Mar 06th 2012, 12:00am

    ... Gary Cheung and Tanna Chong in Beijing, Colleen Lee Beijing supports Hong Kong's drive to develop into an offshore yuan trading centre, Premier Wen Jiabao reiterated yesterday. Wen's pledge marks the first time the central government has included its backing for the development of offshore yuan business in Hong Kong in its work report, although it also made ...

  4. 22 cadres in poor provinces punished for wasteful spending on buildings

    Posted Jun 02nd 2007, 12:00am by Minnie Chan

    ... spending 32.84 million yuan to build a palatial, 15,000 square metre government office building in 2004, that was about 2.4 times overbudget, with 1.34 million yuan still unpaid. The county's labour and social security bureau was accused of embezzling 7.7 million yuan of pension funds and living subsidies for laid-off workers to decorate government offices and set up training centres, ...

  5. Military outlay to rise by 17.8pc

    Posted Mar 05th 2007, 12:00am by Staff Reporter

    ... Gary Huang The nation's military spending this year will see its largest rise for the past five years, increasing by 17.8 per cent from nearly 298 billion yuan last year. The defence budget would hit 350.921 billion yuan, a 53 billion yuan rise over spending last year, an NPC spokesman said. ...

  6. State agencies reveal spending

    Posted Jul 20th 2012, 12:00am

    ... Diversion, the Ministry of Land and Resources and the Xinhua news agency. The South-North Water Diversion Office said it spent an average of 56,300 yuan (HK$68,500) per person per overseas trip, and 63,000 yuan per government vehicle, last year. However, the office did not reveal how much it spent per official on receptions, which are widely known for being extravagant, as they have featured ...

  7. Censor visits author to explain book ban

    Posted Feb 08th 2007, 12:00am by Staff Reporter

    ... to defend himself. Wu Shulin, deputy director of the General Administration of Press and Publication, visited Yuan Ying, a long-standing party member and retired People's Daily editor, on January 31. The visit came two days after Yuan wrote to Mr Wu and administration director Long Xinmin seeking an official explanation for why his memoir, The Other Stories of History: My Days ...

  8. Hawkish commander heads South Sea Fleet

    Posted Jul 10th 2012, 12:00am

    ... Teddy Ng teddy.ng@scmp.com A famously hawkish senior navy commander has been appointed as the political commissar of the South Sea Fleet of the Chinese Navy. Vice-Admiral Wang Dengping, previously the political commissar of the North Sea Fleet, will now o ...

  9. Displaced farmers' wait for compensation goes on as abuses continue

    Posted Apr 22nd 2004, 12:00am by Staff Reporter

    ... David Fang Mainland farmers are still owed almost 4 billion yuan in land compensation payments, according to the minister of land and resources, and continue to fall victim to land seizures. Sun Wensheng said the government had paid out almost 6 billion yuan of the 9.8 billion yuan in compensation it discovered was owed to farmers last year. He said an inspection team composed ...

  10. U.S. threat on yuan seen as pure politics

    Posted Oct 13th 2011, 12:00am

    ... Cary Huang in Beijing cary.huang@scmp.com Analysts say a US bill threatening Beijing with tariffs if it does not lift the value of the yuan is politically motivated and would do nothing ... law'. The People's Bank of China said US claims the yuan was significantly undervalued were erroneous and China would continue 'reform of the exchange rate formation mechanism ...




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