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China Must up Its Game to Boost Export Growth Against The Backdrop

Mar 8, 2015

Chinese leaders and economists have said China must up its game to boost export growth against the backdrop of an anemic global economic recovery. SIX-PERCENT GROWTH Commerce Minister Gao Hucheng said on Saturday that China is confident ...

Tags: economic growth, export growth

China's Economic Growth Target for 2015: Putting an End to Months of Speculation

Mar 6, 2015

China unveiled its economic growth target for 2015 Thursday, putting an end to months of speculation.[Special coverage] The target, as expected, was lowered to "around 7 percent," a level not seen since 2004 and 0.5 percentage points ...

Tags: Consumer Electronics, Growth

Hong Kong Was Expected to Play a Bigger Role in Promoting The Country's Development

Mar 6, 2015

China's top economic planner said Thursday that Hong Kong was expected to play a bigger role in promoting the country's development. Xu Shaoshi, minister in charge of the National Development and Reform Commission, told a press conference ...

Tags: Promoting Development, 13th Five-year Plan

Chinese Mainland Stocks Declined as The Country's Leader Lower The Growth Target

Mar 6, 2015

Chinese mainland stocks declined as the country's leader hints at an economic 11-year-low growth target. The benchmark Shanghai Composite Index fell by 0.95 percent or 31.06 points to 3,248.48 points on Thursday. The Shenzhen Component ...

Tags: Chinese stocks, Hang Seng Index

Chinese Economy Scored More Achievements Than Expected

Mar 6, 2015

The Chinese economy is confronted with more difficulties than anticipated in 2014, but it has scored more achievements than expected, said Xu Shaoshi, minister in charge of the National Development and Reform Commission, China's top ...

Tags: Economic Performance, Chinese economy

China's Confidence in Achieving Economic Growth Rate of 7% Is Not Weakened

Mar 6, 2015

China's confidence in achieving its economic growth rate of around 7 percent this year is not weakened despite rising downward pressure, a senior official said Thursday. The economic development has entered "new normal" and economic ...

Tags: economic growth rate, economic development

China's Services Sector Grew Modestly in February

Mar 4, 2015

Activity in China's services sector grew modestly in February as new orders rose at their quickest pace in three months, a private survey showed just a few days after the central bank cut interest rates to stimulate the world's ...

Tags: HSBC Services, PMI

China Innovation Index rose 3.1 percent to 152.8 in 2013

Mar 3, 2015

The China Innovation Index (CII), which measures innovation capability, rose 3.1 percent to 152.8 in 2013, the statistics authority said Monday. The first CII results were released in April 2013 by a National Bureau of Statistics (NBS) ...

Tags: Innovation Index

Europen Dramatic Monetary Policies Likely to Create Hot Money Inflow Into China

Mar 3, 2015

Dramatic monetary policies in Europe have lots of potential to create a new surge of hot money inflow into China, says Simon Derrick, chief currency strategist at the Bank of New York Mellon. Hot money is speculative money that flows ...

Tags: Dramatic monetary policies, hot money

Chinese Economy Is Expected to Grow 7% in The First Quarter of 2015

Mar 3, 2015

The Chinese economy is expected to grow 7 percent in the first quarter of 2015, according to an estimate released by the State Information Center, a government think tank, on Monday. A steady slowdown is expected for the Chinese economy, ...

Tags: Chinese economy, steady slowdown

China's Economy to Grow at a Medium-to-High Rate

Mar 3, 2015

China's economy is likely to grow at a medium-to-high rate under the "new normal", Economic Daily reported Justin Yifu Lin, a member of China's 12th CPPCC as saying on Monday. Under the "new normal", China has both the conditions and the ...

Tags: medium-to-high rate, new normal

Small Firms Decided to Quit The East China Fair

Feb 28, 2015

HE Spring Festival holiday last week did not upset plans for the East China Fair which will open tomorrow as originally scheduled, although some small firms decided not to attend, the fair organizers said yesterday. The fair, the ...

Tags: Economy, East China Fair

China's a Shares Raised Altogether 724.9 Billion RMB

Feb 27, 2015

China's A shares raised altogether 724.9 billion yuan (118.19 billion U.S. dollars) in 2014, according to the country's securities watchdog. The China Securities Regulatory Commission (CSRC) said that 47.1 billion yuan was raised through ...

Tags: A Shares, better policies

Slower 'New Normal' Economy Adds Value

Feb 27, 2015

China's "new normal" economy, although growing at a slower pace, actually added value last year as more jobs were created, inflation was under control, and trade rose, said a senior official at the National Bureau of Statistics yesterday. ...

Tags: economic growth, new normal economy

China Spends Big Reviving Northeast

Feb 27, 2015

China has invested 382 billion yuan (62.2 billion U.S. dollars) in northeast regions since the government announced an action plan to assist the area's sagging economy last August. The money has been used on 60 projects, two of which are ...

Tags: Northeast Reviving