China Economic News, Chinese Economy & Company - Made-in-China.com

Chinese Yuan Rises to 6.1213 Against USD

Dec 25, 2014

The value of the Chinese currency renminbi, or the yuan, strengthened by 34 basis points to 6.1213 against the U.S. dollar in its central parity rate on Thursday, according to the China Foreign Exchange Trading System. In China's spot ...

Tags: Chinese Yuan, U.S.dollar

China Revises GDP Figure for 2013 Upward by 3.4%

Dec 22, 2014

According to the revised data issued by China’s National Bureau of Statistics (NBS) on December 19, the country’s final gross domestic product (GDP) figure for 2013 has been recorded at RMB 58.8019 trillion ($9.58 trillion), ...

Tags: GDP Figure, Metallurgy

China Plans to Merge Its Two Railway Vehicle Manufacturers Into One Conglomerate

Dec 21, 2014

China's plan to merge its two railway vehicle manufacturers CNR Corp and CSR Corp into one conglomerate will create an industrial giant which will provide a significant boost to the country's export sector.The planned marriage is expected ...

Tags: CNR Corp, CSR Corp, railway vehicle

Chinese Companies Feels Chill From The Rouble Crisis

Dec 19, 2014

Chinese companies are feeling the chill from the rouble crisis, with automobile and food trading firms aching the most. Automaker Zhejiang Geely Holding Group Co has started to increase the prices of its vehicles in Russia to offset losses ...

Tags: rouble crisis, China's central bank

China's Lottery Sales Reached 32b Yuan

Dec 17, 2014

China's lottery sales in October hit 32.7 billion yuan ($5.34 billion), up 20.3 percent year on year, the Finance Ministry said Thursday. In the first ten months of 2014, total lottery sales stood at 312.11 billion yuan, up 24 percent from ...

Tags: China's Lottery, lottery sales

HK Losing Its Appeal as an IPO Market

Dec 17, 2014

Hong Kong was suggested to enrich its IPO platform to attract capital from more good quality companies from overseas, a local financial advisory body said on Wednesday. Hong Kong is likely to end this year as the world's second-largest ...

Tags: IPO Market, IPO platform

China's Fabric Exports Increases Significantly in Jan.- Oct.

Dec 16, 2014

China's fabric exports increases significantly during the period from January to October, export price rises as well. Fabrics export merchants says new type of flexible and frivolous breathable fabric with delicate patterns is the most ...

Tags: Fabric, yarn, Textile

China Has Changed to Be Capital Exporting From Commodity Exporting

Dec 16, 2014

Gao Hucheng,Minister of commerce, saidChina's exports would qualitatively change and capital output characteristics will be embodied through the foreign trade data. China has combined foreign investment and foreign trade together. Through ...

Tags: Foreign Trade, Capital Export

US Commerce Department to Take Anti-Dumping Investigation on Chinese Melamine Imports

Dec 12, 2014

The U.S. department of commerce announced that they would take anti-dumping countervailing investigation on Chinese melamine imports on Nov.3, this investigation may lead the United States imposing punitive tariffs on these products that ...

Tags: Melamine, punitive tariffs

China's Export Was Far Less Than Expected in November, The Trade Surplus Hit a Record High

Dec 10, 2014

China's export was far less than expected in November, crude oil and other commodity prices tumbled to the unexpectedly sharp drop in imports, the trade surplus hit a record high. China's economy is facing more downward pressure. China's ...

Tags: China's export, crude oil

China Nov. CPI Growth Dips to 5-Year Low

Dec 10, 2014

China's consumer prices in November grew by their slowest pace in five years, official data showed on Wednesday, raising the probability of more easing measures by the central bank. China's consumer price index (CPI), the main gauge of ...

Tags: consumer prices, November's CPI

China and Asean Trade Growth to Slow Down

Dec 10, 2014

Affected by the global economic recovery of uncertainty, this year's the asean countries growth momentum is healthy but conservative.According to the latest issue of the international monetary fund annual economic outlook report this year, ...

Tags: economic recovery, Asian nations

China Faces Pressure as Imp.Drop,Exp Slow

Dec 8, 2014

China's imports shrank unexpectedly in November while export growth slowed, fuelling concerns that the world's second-largest economy could be facing a sharper slowdown and adding pressure on policymakers to ramp up stimulus measures. ...

Tags: export growth, economy

Economists Call for Increased Public Spending

Dec 8, 2014

Economists are calling for more proactive fiscal policies to counter the deepening slowdown in growth, as China's annual Central Economic Work Conference is set to start on Tuesday. The meeting, usually held in early December, sets the ...

Tags: Public Spending, active fiscal policy

China Expanded Its Trade Surplus by 61.4% in Nov.

Dec 8, 2014

China imports growth percent declined and the trade surplus expanded 61.4% in November. According to the data released by National Statistics, China total imports and exports value reached $368.85 billion in November, down 0.5%. The export ...

Tags: Trade Surplus, import value