Economy
Economy
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Non-Manufacturing PMI Continues Dipping in China
Jun 3, 2015China's service sector activity expanded in May, but at a slower pace, an official monthly survey showed on Monday. The purchasing managers' index (PMI) for the non-manufacturing sector fell to 53.2 in May, down from 53.4 for April, ...
Tags: Non-Manufacturing, PMI, Economy
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China Manufacturing Activity Continues to Improve with an Important Index
Jun 3, 2015China's manufacturing business activity continued improving in May, with an important index remaining in expansion territory, official data showed on Monday. The manufacturing purchasing managers' index (PMI), a key measure of factory ...
Tags: Economy, Manufacturing
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Economies Pushing More Trade in RMB
May 25, 2015South Korea, which sends around a quarter of its exports to China, is one of the few countries in the world to run a trade surplus with the Asian giant. Both countries want more of this trade to be done in yuan, which would make trade ...
Tags: trade surplus, Chinese currency
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China Cuts Personal Import Tariffs by 50%
May 25, 2015The Ministry of Finance on Monday announced adjustments on the tariffs levied on the import of personal items to stimulate domestic consumption. Starting from June 1, import tariffs on suits and sneakers will be trimmed from 14-23 percent ...
Tags: Import Tariffs, personal items
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Positive Signs Emerge for Economy During Q2
May 21, 2015Industrial restructuring, growth in services good indicators of improving conditions, say experts Positive signs have started to emerge in China's economy since the second quarter, suggesting deepened industrial restructuring amid rapid ...
Tags: Industrial restructuring, Positive signs, China's economy
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'Made in China 2025' Plan Unveiled
May 19, 2015China's State Council has unveiled a ten-year national plan, Made in China 2025, designed to transform China from a manufacturing giant into a world manufacturing power. The plan, endorsed by Premier Li Keqiang, is the country's first ...
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China's Stocks Close Higher on Tuesday
May 19, 2015Chinese shares ended higher on Tuesday, with the benchmark Shanghai Composite Index surging 3.13 percent, or 134.06 points, to finish at 4,417.55 points. The Shenzhen Component Index soared 3.10 percent, or 454.74 points, to close at ...
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China Eyes 'Capacity Exports' to Sustain Growth
May 18, 2015China is pushing for exports of industrial capacity, a new economic dynamic. Chinese Premier Li Keqiang will witness the signing of several deals on industrial capacity cooperation in Brazil, the first leg of his Latin America tour, said ...
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China's Economy Faces Many Challenges
May 14, 2015China's economy is in transition from an industrial economy into a post industrial economy where both international and domestic markets can no longer support high speed growth of industrial sectors. China is facing the possibility of being ...
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China April's CPI up 1.5% Y-O-Y
May 12, 2015According to NBS's report, China's CPI grew 1.5% year on year in April. On a monthly basis, the CPI fell by 0.2%. Both CPI and PPI inflation came in below expectations. uted level of inflation highlights weak demand growth and makes it ...
Tags: CPI inflation, China's GDP
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Increase Followed Gains in International Oil Prices Due to a Tense Geo-Political Situation
May 12, 2015The NDRC said the increase followed gains in international oil prices due to a tense geo-political situation in the Middle East and a weakening dollar.China has a pricing regime which adjusts domestic fuel prices when international crude ...
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China to Promote The High-Tech Products Exports
May 11, 2015China's exports are mainly labor-intensive products, and the export of high-tech and high added-value products need to be promoted. Trade frictions dented exports of high-tech products and become a new concern for China and its trading ...
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Prices of Farm Produce in 36 Large and Medium-Sized Cities Continued to Fall
May 7, 2015According to the monitoring of MOFCOM, the prices of farm produce in 36 large and medium-sized cities continued to fall, and prices of production means in circulation stopped falling and picked up last week (April 27-March 3). Last week, ...
Tags: farm produce, vegetable market
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China to Maintain Foreign Trade's Annual Increase at a Moderate Growth
May 7, 2015The performance of China’s foreign trade sector is expected to increase at a moderate growth, helped by a recovering global economy. As China continues to undergo significant structural changes, the composition of imports and ...
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China's Consumers Continue to Surprise The World
May 6, 2015Chinese consumers will continue to increase in wealth and complexity, and fears about the country' s slowing economy are overblown, experts said. Many people who worry about economic rebalancing in China focus only on the low share of ...
Tags: Chinese consumers, slowing economy
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