Economy
Economy
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China's Fixed Asset Investment Increases 13.5%
Apr 15, 2015China's fixed asset investment rose 13.5 percent from a year earlier to 7.75 trillion yuan (1.26 trillion U.S. dollars) in the first quarter of 2015, the National Bureau of Statistics said on Wednesday. The pace of increase slowed further ...
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China Q1 Retail Sales Increases 10.6%
Apr 15, 2015China's consumer spending posted a double-digit growth in the first quarter of 2015, despite mounting pressures the country is facing. China's retail sales rose 10.6 percent year on year in the first three months to 7.07 trillion yuan ...
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Chinese Investors Are Allowed to Subscribe for New Shares From 30 Companies
Apr 13, 2015Chinese investors are allowed to subscribe for new shares from 30 companies this week, according to the country's initial public offering (IPO) schedule. Among those companies, 11 will be listed in the Shanghai Stock Exchange, 2 in the ...
Tags: Chinese investors, Subscriptions, Service
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Self-Driving Vehicles Will Be on Roads
Apr 13, 2015Don't panic if you see a driver in a moving car with no hands on the wheel because chances are the vehicle is self-driving. Such scenes, previously only found in fiction, are likely to be reality very soon. In late March, Volvo ...
Tags: BMW, Volvo, Transportation
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China Makes Effort to Get More New Energy Cars on The Road
Apr 13, 2015Local governments are taking action to respond to the central government's appeal to popularize new energy vehicles across the nation. Earlier this month, Beijing authorities announced that pure electric vehicles would not be affected by ...
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China's Foreign Trade Declines Continuously
Apr 13, 2015China's foreign trade remained anaemic in the first quarter of 2015, with exports registering a big slump in March following signs of improvement, official data showed on Monday. Last month, the foreign trade volume dropped by 13.5 ...
Tags: Foreign Trade, GAC, Transportation
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Stock Reform Leads to Investors up to 20 Accounts
Apr 13, 2015Investors will no longer be restricted to only one stock account in China's A-share market and each can have up to 20 accounts from Monday, the managing institution for stock accounts said on Sunday. The China Securities Depositary and ...
Tags: Science, Technology, Service
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Retail Biz Is Booming in China
Apr 13, 2015China is quickly finding itself in uncharted retail territory, with a large availability of new shopping malls coinciding with the fast adoption of e-commerce by its rapidly-expanding consumer class, says JLL, a professional services and ...
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Investors Can Open up to 20 Trading Accounts on The a-Share Market Starting
Apr 13, 2015Chinese securities regulators are allowing investors to open up to 20 trading accounts on the A-share market starting today. This will allow investors to transfer their accounts to other brokerage firms. Investors have only been allowed ...
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Apparel Retailer Aldi Pledged to Ban All Hazardous Chemicals
Apr 7, 2015In response to the Greenpeace Detox Campaign, Aldi one of the top ten discounters worldwide, has pledged to ban all hazardous chemicals from their textile and footwear supply chain by 2020. “Aldi scored poorly when Greenpeace tested ...
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E-Commerce Is Booming in China
Apr 2, 2015The State Council, China's cabinet, has promised policies to boost e-commerce, including through cutting red tape and liberalizing investment rules covering a sector it recognizes as very important to the economy. E-commerce is ...
Tags: China's cabinet, e-commerce
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Local Govt Bonds Are Booming
Apr 2, 2015State Council decides to allow up to 300 billion yuan to be invested from social security fund China is to allow up to 300 billion yuan (nearly $48 billion) from the nation's social security fund to be invested in local government bonds ...
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Blueprint of The China-Proposed Belt Will Boost Practical Cooperation in Key Fields
Mar 30, 2015The blueprint of the China-proposed belt and road initiative unveiled on Saturday will boost practical cooperation in key fields such as infrastructure, said analysts. The action plan for the Silk Road Economic Belt and 21st Century ...
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Issues of China's Inclusive Approach to International Finance Were High on Official Agenda
Mar 27, 2015The Annual Conference of the Boao Forum for Asia held its first discussion session on Thursday afternoon. For the first time, issues of China's inclusive approach to international finance and rural banking were high on the official ...
Tags: Rural Banking, Boao's Agenda
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China's industrial profits for the first two months of the year declined 4.2%
Mar 27, 2015China's industrial profits for the first two months of the year declined 4.2 percent year on year, narrowing from the 8-percent decrease seen last December. Profits of Chinese industrial businesses hit 745.24 billion yuan (121.5 billion ...
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