3/15/2012 1:39:00 PM
Investment growth rate to decline by more than half: senior researcherThe yuan will be under increasing downward pressure in 2012, and the increase in yuan holdings for foreign exchange purchases and the investment growth rate will both decline by more than half, a senior researcher close to the auth…
3/13/2012 11:06:00 AM
Statistics from China Dyestuff Industry Association show that in the January-November period of 2011, the dyestuff industry in China operated steadily, with major economic indicators including production, sales revenue and foreign exchange earning by export all maintained steady growth. The productio…
3/13/2012 11:02:00 AM
BEIJING - A trade deficit in the first two months of this year, as well as its impact on the exchange rate of the Renminbi in the foreign exchange market, is "a good thing" for China, the governor of China´s central bank said Monday. The supply-and-demand relation in the market is…
3/12/2012 11:42:00 AM
The Artificial & Synthetic Leather Committee of China Plastics Processing Industry Association predicts that during 2011-2014, the demand for artificial and synthetic leather on Chinese market will keep an annual growth of more than 10%, in which, the demand for PU leather with high physical …
2/29/2012 11:28:00 AM
BEIJING - China aims to cut its energy consumption per unit of industrial value-added output by 21 percent during the 12th Five-Year Plan period (2011-2015), the Ministry of Industry and Information Technology said Monday.China is expected to save the equivalent of 670 million tons of coal during the…
2/27/2012 2:59:00 PM
China Petroleum and Chemical Industry Federation recently has published the "Guidelines for the Development of Polyurethane Industry in the 12th Five-year Plan Period", according to which, the production scale of this sector is expected to reach 9 – 10 million tons/year by the end of 2015.…
2/27/2012 2:51:00 PM
BEIJING - China´s central bank may cut the interest rate in the second and third quarters this year, as the economies in the EU and US slow down further while domestic inflation pressure gradually eases, economists said on Saturday.According to research co-sponsored by Xiamen University and…
2/24/2012 11:33:00 AM
GUIYANG - China´s economy is expected to expand by 8.5 percent in 2012, slightly down from 9.2 percent in 2011, the head of a Chinese government think tank said Thursday.The world´s second-largest economy faces relatively significant downward pressure this year due to increasingly…
2/22/2012 10:27:00 AM
In the first three quarters of 2011, the sales of textile machinery and equipment amounted to CNY 29.95 billion, up 10.44% year-on-year. The textile machinery realized a total profit of CNY 1.5 billion, down 0.37%. The pre-tax profit stood at CNY 2.69 billion, up 6.26%. The per-capita profit dropped …
2/22/2012 10:24:00 AM
SEOUL - The Chinese economy will not face hard landing as major risks facing the world´s No 2 economy lessened significantly compared with the 2008 global financial crisis, a Chinese economist said Tuesday."Worries exist about a Chinese hard landing, but three risks facing China weaken…
