China will continue to support the inclusion of the RMB in the IMF Special Drawing Right (SDR) basket and push ahead with capital account liberalization and the internationalization of RMB, according to a proposal unveiled Tuesday. The ...
Tags: Capital Market, CPC
China will coordinate different economic indicators during the next five years to make development more balanced, inclusive and sustainable than before, a latest official document showed. To ensure the realization of a "moderately ...
China's economy posted a 6.9-percent growth year on year in the third quarter of 2015, lower than 7 percent in the first half of the year, the National Bureau of Statistics (NBS) announced on Monday. In the first three quarters of the ...
Tags: China's GDP, interest rate
China's value-added industrial output was down in September, partly due to a slowdown in the country's mining and energy sectors, data from the National Bureau of Statistics (NBS) showed on Monday. China's value-added industrial output ...
Tags: Industrial Output, overcapacity
China has adopted International Monetary Fund rules aimed at helping to improve the transparency, reliability and international comparability of the country's statistics. The move, announced on Thursday, is being viewed by Beijing-based ...
Tags: IMF, Economic Statistics
Chinese consumers of luxury products are spending increasingly big money online, as growing use of smartphones makes Internet shopping ever easier, according to a new industry report. The report, by auditor KPMG, Chinese e-retailer ...
Tags: luxury items, smartphones
China's economic data for September may show a stabilizing economy but they can't prevent the third-quarter growth sliding to as low as 6.6 percent, said analysts ahead of the data's release starting next week. "We expect the upcoming ...
Tags: China's Economy, economic data
China's slowing power consumption and falling railway freight are signs of progress in economic restructuring, rather than evidence of failing industry, the statistics chief said on Thursday. Power use and rail freight are two major ...
Tags: power consumption, railway freight
Despite foreign and domestic challenges facing the Chinese economy, including the recent turbulence in the stock market, former Australian prime minister Kevin Rudd has full confidence in the world's second-largest economy. "I think the ...
Tags: Chinese economy, stock market
China's securities regulator has stressed that it would stand by its recent market-stabilizing rules and maintain its hard-line stance on share dumpers. Deng Ge, the spokesperson for the China Securities Regulatory Commission (CSRC), ...
Premier Li Keqiang has encouraged State-owned enterprises to play a key role in the drive by the nation's industries to "go global", and make the most of their financial and technological advantages as they step up their international ...
Tags: nation's industries, economy
2010-2014 Countries/Regions that China Exported to (Unit: Thousand Million USD) 2010 2011 2012 2013 2014 Total 15777.54 18983.81 ...
Tags: China Export Markets
Chinese shares rose on Friday, with the benchmark Shanghai Composite Index up 0.38 percent to end at 3,097.92 points. The Shenzhen Component Index rose 1.14 percent to close at 9,850.77 points. The ChiNext Index, which tracks China's ...
China recorded export value of CNY1.20 trillion (US$189 billion) and import value of CNY836.1 billion in August, respectively decreasing 6.1% and 14.3% on year, according to statistics released by China's General Administration of Customs ...
Tags: GDP growth, declining imports
China's central bank continued to pump billions of yuan into the financial system on Tuesday to ease liquidity strains. The People's Bank of China (PBOC) conducted 150 billion yuan (23.6 billion U.S. dollars) of seven-day reverse ...