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China’s top economic planner has punished four heating companies for violating pricing rules as it urged local governments to protect public rights amid rising demand in winter.

The National Development and Reform Commission found the heating companies in Heilongjiang Cheap Marquette King Jersey , Zhejiang, Sichuan and Shandong provinces breached pricing rules in an investigation which started on December 19, the NDRC said yesterday.

The Heilongjiang company had imposed additional charges of 361,200 yuan (US$55,205) on users when they joined the heating network Cheap Lee Smith Jersey , while the firms in the other three provinces had arbitrarily demanded higher heating prices and made a profit of over 718,100 yuan.

All the firms have been asked to pay back the illegal income to the users or to hand in it to the local governments. The Heilongjiang firm was also fined 541,900 yuan.

China aims to ensure public rights by monitoring heating prices and supplies, and ordering local governments to beef up investigation into pricing violations.

China’s heating demand has been surging during winter, “especially raising the natural gas prices” after the government asked users to switch from coal to gas Cheap T. J. Carrie Jersey , the commission said.

The NDRC has also started an antitrust investigation on December 20 in 17 natural gas heating companies.

BEIJING, Aug. 14 (Xinhua) -- The Chinese currency strengthened against the U.S. dollar for the fifth straight working day on Monday to its highest level since September last year.

The central parity rate of the Chinese currency, the renminbi or the yuan, strengthened 41 basis points to 6.6601 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System.

The dollar was weighed down by weak U.S. inflation data which dampened prospects of another Federal Reserve interest rate hike later this year.

Friday's data showed the U.S. consumer price index edged up just 0.1 percent last month after it was unchanged in June.

Meanwhile Cheap Donald Penn Jersey , China's economy continued its steady expansion in the first half of this year with GDP up 6.9 percent, supporting the Chinese currency.

"The renminbi, despite moving closer to the level consistent with overall assessment, remained broadly in line with fundamentals and desirable policies," said the IMF in its latest External Sector Report released last month.

China's policies put in place to stabilize growth have led to recent appreciation of the RMB and helped ease capital outflows and foreign exchange reserve loss Cheap Justin Ellis Jersey , according to the IMF.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Torrential rain causes floods, landslides in China's Guangxi

"Comfort women" statues installed on buses in Seoul

Students attend military trainings camp in HK

China key to modernizing Egypt's railway infrastructure: official

Weekly choices of Xinhua photo (Aug. 5 - Aug. 11)

Highlights of multinational drill in Georgia

People mark national Fitness Day around China

Aerial view of Gula Town in S China

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