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Fireworks sales down in Beijing during holiday

Sales of fireworks and the number of people injured due to fireworks setting off in Beijing have dropped significantly during this year's Spring Festival holiday.

Road traffic rises as returning begins

The number of road passengers is expected to hit 46.2 million on Tuesday, the fourth-day of the week-long Spring Festival holiday.

Beijing sees first power quota trades

Beijing launched its first quota trading platform for electrical power saved during production in a bid to boost the energy service sector.

Fireworks firms' share prices take hit

After a blanket of brown haze hovered over Beijing for two weeks in January, calls to cut back on fireworks during this year's Spring Festival celebrations have increased, making a dent on the stock performance of companies in the sector.

Office rents slowing down

Office vacancy rates in China will continue to rise in 2013, with rents under pressure after skyrocketing over the past few years, industry experts said.

UBS to reshuffle business in China

UBS AG, a leading Swiss Bank, will further strengthen its wealth management business in China, the bank's global chairman, Axel Weber, told China Daily.

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