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Public employees get salary increase

China has raised salaries for public employees sharply this year, after they had been frozen for years and after government officials had been leaving their jobs because of low pay.

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Tibet maintains ambitious growth target with strong investment

While several Chinese provinces have lowered their growth targets amid an economic downturn, the plateau region of Tibet has maintained a 12-percent growth target for 2015 with strong investment from the central government.

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China expects investment surge in tourism sector

​China's tourism industry will play a growing role in the country's economic growth, with direct investment in the sector expected to hit three trillion yuan (490 billion U.S. dollars) in the coming three years, according to a tourism official.

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China smartphone maker Xiaomi releases new model

Chinese smartphone maker Xiaomi released the Xiaomi Note, a 5.7-inch screen smartphone, in Beijing on Thursday afternoon.

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Shanghai tops country in year-end bonus

Employees in Shanghai lead the country in earning the highest amount of year-end bonus with 8,515 yuan ($1,346) on average, followed by their peers in Shenzhen with 8,265 yuan and Beijing with 7,855 yuan, according to a recent survey by a human resource company.

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China's weak foreign trade growth suggests more policy easing

China's foreign trade increased 3.4 percent year on year in 2014 denominated in U.S. dollars, significantly lower than the 7.6-percent rise in 2013 and the 7.5 percent target, indicating more room for monetary easing.

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Beijing increases housing credit ceiling

With a stagnant housing market, Beijing has increased the ceiling of housing public accumulation fund loans from 800,000 yuan (130,000 U.S. dollars) to 1.2 million yuan, local authorities announced Wednesday.

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Beijingers' lives changed by new subway lines, higher transportation cost

Monday morning commuters on Beijing's public transport began the day with mixed feelings following a raise in subway and bus fares and the unveiling of four new subway lines.

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Beijingers say goodbye to low price transportation system

Beijingers will wave goodbye to low price transportation after the government raised bus and subway fares on Sunday.

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Villagers' startup goat loans improve their lives

Ablimit Tudi, a 67-year-old farmer in Kashgar, the Xinjiang Uygur autonomous region, enthusiastically supports a "gift goat" program that began in the district in December 2011.

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Family of wrongly killed man may get $193,860: media

The parents of a young man wrongly convicted and executed in a controversial 1996 rape and murder case in Inner Mongolia autonomous region are expected to get around 1.2 million yuan ($193,861) in compensation, according to Chinese law, news.163.com reported.

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Former SOE executive sentenced to death for huge graft

​A former executive of an SOE in south China's Guangdong Province was sentenced to death on Wednesday on charges of bribery and embezzlement amounting to nearly 400 million yuan.

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"Interstellar" rules China's box office

"Interstellar" continued to lead China's box office by taking 144 million yuan (23.4 million U.S. dollars) in the week ending Nov. 30.

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China's harsher workplace safety law to take effect

​China's revised Workplace Safety Law, which imposes harsher punishment on offenders, will take effect Monday.

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Won-yuan market opens in Seoul, moving toward global yuan

​A market to directly trade currencies of South Korea and China, rather than brokering the two currencies with the U.S. dollar, was opened here in Seoul Monday, taking its first step toward Chinese yuan's internationalization efforts in Northeast Asia.

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"Interstellar" breaks director's China box office records

"Interstellar" took 258 million yuan (42.04 million U.S. dollars) in China in the week ending Nov. 23, grossing a total of 527.5 million yuan and making it director Christopher Nolan's biggest grosser in the world's second-largest film market.

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Chinese rumormonger gets four years

A Chinese rumormonger was sentenced to four years in prison for illegal business practices on Tuesday in Beijing.