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The Shanghai Branch of The Bank of Taiwan Was Designated Yesterday

Sep 18, 2012

Taipei,Sept.18,2012(CENS)--The Shanghai branch of the Bank of Taiwan was designated yesterday(September 17)as the clearance bank for the NT dollar in mainland China.The Shanghai branch of the Bank of Taiwan is scheduled to start NT-dollar ...

Tags: Bank of Taiwan, clearance bank for Nt dollar, agent bank

In August, The Total Retail Sales of Consumer Goods Reached 1,665.9 Billion Yuan

Sep 10, 2012

In August, the total retail sales of consumer goods reached 1,665.9 billion yuan, up by 13.2 percent year-on-year (Nominal growth rate. The real growth rate was 12.1 percent. The follows are nominal growth rates if there’s no ...

Tags: economy, China, Economy Statistics, Consumer Goods

From January to August 2012, The Investment in Fixed Assets Reached 21,795.8bn Yuan

Sep 10, 2012

From January to August 2012, the investment in fixed assets (excluding rural households) reached 21,795.8 billion yuan, up by 20.2 percent year-on-year, dropped 0.2 percentage points over the first seven months. In August, the ...

Tags: economy, China, Economy Statistics, Fixed Assets Investment

CBC Tends to Keep The Existing Low Rates

Sep 7, 2012

Taipei,Sept.7,2012--In the face of the sluggish economy and rising inflation,the Central Bank of China(CBC)tends to keep the existing low rates,to bolster economic growth,while tightening fund control,to avoid its flow to the realty market ...

Tags: CBC, rising inflation, economy

FSC and CBRC Will Sign Memorandum of Cooperation

Sep 7, 2012

Taipei,Sept.7,2012--The Financial Supervisory Commission(FSC)and the China Banking Regulatory Commission(CBRC)will sign memorandum of cooperation for"offshore discretionary-account wealth-management operation,"allowing China's banking ...

Tags: FSC, CBRC, QFII, cross-Taiwan Strait, stock, investment

Taiwan's Consumer Price Index in August Scored an Annual Increase Rate of 3.42%

Sep 6, 2012

Due to the effect of double typhoons,Taiwan's consumer price index in August scored an annual increase rate of 3.42%,a four-year high,and the CPI advanced 1.84%on average in the first eight months,reported the Directorate General of ...

Tags: Taiwan, CPI, DGBAS

The World Economic Forum Publicized The'Global Competitiveness Report'

Sep 6, 2012

The World Economic Forum publicized the"global competitiveness report"for 2012 yesterday(Sept.5),according to which Taiwan's global competitiveness ranks 13th place for the third consecutive year,outstripping South Korea for the fourth ...

Tags: competitiveness, Taiwan, Korea

The Government Incorporating Foreigners Working in Taiwan Into The Labor Pension System

Sep 5, 2012

Taipei,Sept.5,2012--In response to the invitation of the Council for Economic Planning and Development(CEPD),foreign firms in Taiwan have suggested the government incorporating foreigners working in Taiwan into the labor pension system and ...

Tags: CEPD, Taiwan, economy

Listed Companies Will Be Allowed to Float Renminbi-Denominated International Bonds

Sep 5, 2012

Taipei,Sept.5,2012--In line with the establishment of cross-Taiwan Strait currency clearance mechanism,listed companies will be allowed to float renminbi-denominated international bonds in Taiwan,giving them an extra channel for fund ...

Tags: cross-Taiwan Strait, currency clearance mechanism, FSC

CBC Is Studying The Feasibility of Expanding The Scope of Financial Institutions

Sep 4, 2012

Taipei,Sept.4,2012--As a further step for foreign exchange liberalization,the Central Bank of China(CBC)is studying the feasibility of expanding the scope of financial institutions for engaging in forex business,a move which may be ...

Tags: foreign exchange, CBC, FSC, forex businesses

In August, Non-Manufacturing Purchasing Manager Index Was 56.3 Percent

Sep 4, 2012

In August, non-manufacturing purchasing manager index was 56.3 percent, 0.7 percentage points higher than that in the previous month, still staying above the threshold. In view of different industries, the purchasing manager index of ...

Tags: Statistics of China, PMI, Service

In August, China's Manufacturing Purchasing Managers Index Was 49.2 Percent

Sep 4, 2012

In August, China's manufacturing purchasing managers index (PMI) was 49.2 percent, down by 0.9 percentage points month-on-month. In view of the sizes of enterprises, the PMI of large-sized enterprises was 49.1 percent, decreased 1.2 ...

Tags: Service, PMI, Statistics of China

MOEA Has Decided to Step up Effort in Soliciting Foreign Investments

Sep 3, 2012

To bolster economic development and improve foreign investments,the Ministry of Economic Affairs(MOEA)has decided to step up effort in soliciting foreign investments,such as acquisition by foreign strategic investors.As a result,it has ...

Tags: MOEA, foreign investment, economy

Taiwan and China Have Signed The Memorandum of Understanding

Sep 3, 2012

Perng Fai-nan, governor of the Central Bank of China (CBC), announced on August 31 that Taiwan and China have signed the memorandum of understanding for cross-Taiwan Strait currency clearance and will select the clearance bank in the next ...

Tags: CBC, FSC, Taiwan, MOU

Mining Use Crushing Equipment Makes Industry Entering The Peak Period

Sep 3, 2012

September 3,2012--China's economic development has been in the momentum of rapid development since the 1980s,no matter which industry,including China's railway construction,highway construction,and real estate development,mining,water ...

Tags: China, rock crusher industry, economic development, industry chain