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Economy

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Economy

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  • China Vows Investment, Financing Reform
    Jul 18, 2016

    China will overhaul its investment and financing system to stimulate market vitality amid the economic downturn, according to a document released Monday by the central authorities. The government will cut red tape, improve supervision and ...

    Tags: Financing Reform

  • Domestic Demand Key Pillar of Chinese Economy
    Jul 13, 2016

    Domestic demand is a key pillar of Chinese economy as the second quarter saw smooth growth and China will continue to promote the new economy to foster growth, Chinese Premier Li Keqiang said on Monday. The Chinese economy is going on ...

    Tags: Chinese economy, Domestic demand

  • China's FDI Jumps 9.7% in June
    Jul 13, 2016

    Foreign direct investment (FDI) into the Chinese mainland rose 9.7 percent year on year to 15.23 billion U.S. dollars in June, the Ministry of Commerce said on Tuesday. This compared with a 1-percent decline registered in May. In the ...

    Tags: FDI, China's FDI

  • Farm Produce Prices Post Mild Declines
    Jul 12, 2016

    Farm produce prices posted mild declines last week, the Ministry of Commerce said on Tuesday. The average price of six types of fruit fell 1.5 percent, compared to a drop of 0.7 percent a week earlier, according to the ministry's website. ...

    Tags: Farm produce prices, Meat

  • China's Foreign Debt Decline Narrows in Q1
    Jul 1, 2016

    The drop in China's outstanding foreign debt narrowed in the first quarter of the year, with improving structure and rebounding intercompany loans, data from the country's forex regulator showed Thursday. The debt settled at 1.36 trillion ...

    Tags: foreign debt, forex regulator

  • China's Manufacturing PMI Down in June
    Jul 1, 2016

    China's manufacturing sector in June posted a slight drop in June, official data showed on Friday. The purchasing managers' index (PMI) came in at 50 in June, slightly lower than May's 50.1. It was the lowest reading since March's 50.2, ...

    Tags: manufacturing sector, PMI

  • China Struggling to Meet Fiscal Target
    Jun 30, 2016

    The Chinese government is struggling to meet its annual fiscal targets, finance minister Lou Jiwei warned Wednesday. The central treasury received 2.968 trillion yuan (about 446.4 billion U.S. dollars) from January to May, a year-on-year ...

    Tags: fiscal targets

  • China June Inflation Forecast at 1.9%
    Jun 30, 2016

    China's Consumer Price Index (CPI) in June is likely to increase 1.9 percent year on year, slightly less than the 2 percent recorded in May, according to an industry report. The official CPI for June is due to be released by the National ...

    Tags: June Inflation, CPI

  • China to Make up 25% of Foreign Delegations
    Jun 12, 2016

    Chinese companies make up a quarter of the foreign delegations to take part in the International Festival for Business (IFB) held this year in the northwestern British port of Liverpool, organizers said Saturday. "Our target had been for ...

    Tags: bilateral trade, Foreign Delegations

  • China Q1 Non-Cash Payments Rise
    Jun 8, 2016

    The amount of non-cash payments in China in the first quarter rose 7.1 percent year on year, according to a central bank report released on Tuesday. The amount of money involved in non-cash payments,including commercial papers, bank cards ...

    Tags: Non-Cash Payments, commercial papers

  • Yuan Rises Versus Basket of Currencies
    Jun 8, 2016

    The yuan edged up against a basket of currencies in May despite hopes for a stronger US dollar, according to an index released by financial services provider China Foreign Exchange Trade System. The yuan exchange rate composite index, ...

    Tags: basket of currencies, US dollar

  • China's IP Market Slows: Report
    Jun 8, 2016

    China's intellectual property (IP) market slowed last year under economic pressure, an official report showed on Tuesday. The index evaluating trademark transfers, patent pledge financing and technology market transactions fell markedly ...

    Tags: intellectual property, IP market

  • China's Exports Rise, Imports Rebound in May
    Jun 8, 2016

    China's export growth in yuan-denominated terms slowed to 1.2 percent year on year in May from 4.1 percent in April, customs data showed Wednesday. Imports grew 5.1 percent, significantly rebounding from a 5.7-percent decline in April, ...

    Tags: China's export, Imports Rebound

  • China's Manufacturing Activity Expands Slowly
    May 1, 2016

    China's manufacturing activity expanded for the second month in a row in April but at a slower pace, official data showed on Sunday. The purchasing managers' index (PMI) came in at 50.1 in April, slightly down from March's 50.2 and below ...

    Tags: manufacturing activity, sub-index measuring production

  • China's Non-Manufacturing PMI Slows
    May 1, 2016

    Business activity in China's non-manufacturing sector expanded at slower pace in April, official data showed on Sunday. The purchasing managers' index (PMI) for the non-manufacturing sector stood at 53.5 in April, down from 53.8 in March ...

    Tags: purchasing managers'index, PMI