Beijing will invest a record 262.6 billion yuan ($40.3 billion) in 210 major projects this year, a city official said on Wednesday.Xu Xi, deputy secretary-general of the Beijing Municipal Government, said overall investment in the projects, 95 of which are new, stood at 1.2 trillion yuan.According t...

People seek alternate modes of transportation to get around city Increased taxi fares have been a hot topic since they were introduced at the beginning of June. Some passengers are finding it easier to hail a cab on the capital's streets, although the fare hike has caused some disgruntlement. Cui Sh...

Some of the measures, especially a ban on single adults purchasing second homes in Beijing, are considered the harshest imposed in recent years.The average price of newly built apartments in 100 Chinese cities hit 10,098 yuan ($1,640) per square meter in April, rising 1 percent from the previous mon...

Tycoon Wang Jianlin is moving fast, both in the United States and , to build a multifunctional conglomerate featuring and TV, theater and theme parks, Liu Wei reports.Eighty billion yuan ($12.8 billion): That's the annual revenue Wang Jianlin, chairman of China's Wanda Group, expects from his cultu...