12/14/2009 7:14:00 PM
China should take more forward looking and preemptive measures to fight inflation expectations following this year´s credit boom and runaway property prices, said a report released by a leading Chinese bank. Bank loans should be extended at a more reasonable pace with improved structures ne…
12/11/2009 11:35:00 AM
China will continue resource products pricing reform next year to promote energy saving and emissions reduction while efforts would be made to guarantee that people´s livelihood not affected by price fluctuations, a senior economic planning official said Thursday. Pricing reform concerning …
12/10/2009 10:15:00 AM
The State Council, the nation´s top administrative authority, said the country will push to boost consumer spending in line with a strategy laid out at the recent Central Economic Work Conference. The top cabinet will also raise the cost of second-hand house transactions in a move that anal…
12/10/2009 10:11:00 AM
Recently, data from National Bureau of Statistics show that National Manufacturing Purchasing Managers Index (PMI) was 55.2 percent in November 2009, unchanged from the previous month. The index has been at the critical point - more than 50 percent for nine consecutive months, indicating that manufac…
12/9/2009 10:22:00 AM
China´s exchange rate regulator said Tuesday it would work to promote balance of payment next year by stabilizing exports while expanding imports. The promotion of balance of payment should be the fundamental of the work in 2010 in order to safeguard the nation´s economic and fina…
12/8/2009 9:53:00 AM
China´s economic recovery is alluring back overseas investors who had withdrawn from the country under the tide of the global financial crisis. In Qingdao, an eastern China port city, the number of overseas investors coming to make investment in the Chengyang District has been on the rise s…
12/8/2009 9:44:00 AM
Member of the Chinese Academy of Social Sciences and editor-in-chief of Chinese Economic Blue Book President Chen Jiagui stated at the “issuing of 2010 Economic Blue Book and Chinese Economic Situation analysis and forecast symposium” held on this morning that China’s GDP may reach above 8.3% this…
12/7/2009 9:40:00 AM
The Chinese feather and down industry has seen the price of raw feather and down products rebound to the level at the beginning of 2008 after touching a five-year low during the global economic slowdown. "The drastic price plunge devalued my stocks of 90,000 tons by 100,000 yuan in a week at the…
12/7/2009 9:38:00 AM
China will, without any doubt, be able to achieve the 8 percent growth in gross domestic product (GDP) this year, a senior Chinese economist said Sunday. Yao Jingyuan, chief economist with the National Bureau of Statistics, made the remarks at a fortune forum in Beijing. However he warned that the Ch…
12/4/2009 1:29:00 PM
On December 2, the average trading price of T229 lint cotton in Hubei Province was 14,800 yuan per ton, down 400 yuan compared to the previous week. The average price of T329 lint cotton was 14,600 yuan per ton. Merchants in the province are growing more confident regarding forward market prices for …
