Record trade surplus
(China Daily)
Updated: 2006-07-17 11:33
Defusing missile tension
President Hu Jintao said last week that China
opposes any action that may aggravate tension on the Korean Peninsula after
Pyongyang's missile tests and urged for dialogue to solve the crisis.
He
made the remarks when meeting with Yang Hyong-sop, vice-president of the
Presidium of the Supreme People's Assembly of the Democratic People's Republic
of Korea (DPRK).
Hu said China, as a close neighbour of the DPRK, is
seriously concerned over its test-firing a barrage of missiles two weeks ago,
which he described as "new complicated factors" on the peninsula.
Real
estate consistency
The Ministry of Construction, the National Development
and Reform Commission and the State Administration for Industry and Commerce
have issued a joint circular calling for a crackdown on irregular practices in
real estate sales.
The circular, issued last week in Beijing, warns that
developers who violate the rules might have their licences revoked.
It
orders local authorities to tighten their supervision over the market, including
disclosing real-time sales information on all housing projects on the Internet
as well as at the sales offices of each project.
The circular tightens
control over real estate advertisements and exhibitions, banning developers with
bad records from taking part in shows and promotional activities
(For more biz stories, please visit Industry Updates)
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