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

Massive Fund to Help Reform Giant SOEs

Sep 27, 2016

Major Chinese State-owned enterprises have launched the nation's largest private equity fund, worth 350 billion yuan ($52.5 billion), to finance SOE restructuring as part of China's efforts to advance supply-side reform. The money will be ...

Tags: Giant SOEs, nation fund

China Establishes SOE Structural Adjustment Fund

Sep 27, 2016

China on Monday established a national fund for structural adjustment of state-owned enterprises (SOEs). The fund has an estimated capital of 350 billion yuan (around 50 billion U.S. dollars) and will mainly invest in programs including ...

Tags: national fund, state-owned enterprises

China Retail Sales up 10.6% in Aug.

Sep 14, 2016

China's consumer goods retail sales grew 10.6 percent year on year in August, accelerating from the 10.2-percent growth posted in July on the back of robust online sales. Total retail sales of consumer goods amounted to 2.75 trillion yuan ...

Tags: consumer goods, retail sales

China's Fiscal Revenue Rises 1.7% in Aug.

Sep 14, 2016

China's fiscal revenue rose 1.7 percent year on year to 989.4 billion yuan (US$224 billion) in August, data from the Ministry of Finance showed Tuesday. Revenue growth was down from the 3.3-percent gain posted for July. The ministry ...

Tags: China's fiscal revenue, China's economy

Industrial Output Expands 6.3% in Aug.

Sep 14, 2016

China's value-added industrial output, an important economic indicator, increased mildly in August -- an encouraging sign for a slowing economy. Industrial output expanded 6.3 percent year on year last month, faster than the 6-percent ...

Tags: industrial output, economic indicator

China's FDI Returns to Growth in Aug.

Sep 14, 2016

Foreign direct investment (FDI) into the Chinese mainland rose 5.7 percent year on year in August, compared with a 1.6-percent drop in July, official data showed Tuesday. FDI hit 57.3 billion yuan (US$8.8 billion) last month, according to ...

Tags: China's FDI, economic activity

Brief Report of Hong Kong's Trade in July 2016

Sep 13, 2016

According to the statistics from C&SD in Hong Kong, its volume of goods trade was USD582.12 billion from January to July in 2016, down 3.5% year-on-year (the same below). Overall Exports (including export and re-export) fell by 0.3% to ...

Tags: Hong Kong, goods trade

Brief Report of Taiwan's Trade in June 2016

Sep 9, 2016

According to the statistics from General Directorate of Tariff in Taiwan, its volume of goods trade was USD227.85 billion from January to June in 2016, down 9.3% year-on-year (the same below). Exports fell by 10.3% to USD120.73 billion, and ...

Tags: Taiwan, goods trade

China's Imports From Brazil Accelerate in 2016

Aug 2, 2016

Despite declines in China's exports to Brazil, its imports from the South American country have accelerated this year, with the growth rate reaching 17.3 percent year on year during the first five months, the Ministry of Commerce said on ...

Tags: China's imports, poultry, beef

A-Share Firms' Forecasts Positive

Aug 1, 2016

Corporate financial results for the first half of this year are nigh, and more than 60 percent of some 1,800 A-share listed companies have said they expect positive growth. Agriculture, biopharmaceutical, food and beverage are among the ...

Tags: Corporate financial results

China's Manufacturing PMI Slightly Down

Aug 1, 2016

China's manufacturing sector posted a slight drop in July due to the flood season and weak demand, official data showed on Monday. The purchasing managers' index (PMI) came in at 49.9 in July, slightly lower than June's 50, according to ...

Tags: Manufacturing PMI, PMI

China July Inflation Forecast at 1.9%

Aug 1, 2016

China's Consumer Price Index (CPI) in July is likely to increase 1.9 percent year on year, staying flat with that in June, according to an industry report. The official CPI for July is due to be released by the National Bureau of ...

Tags: July Inflation, CPI

IMF Cuts 2016 Global Growth Forecast to 3.1%

Jul 20, 2016

The International Monetary Fund (IMF) on Tuesday revised down its forecast for global growth in 2016 and 2017, due to the uncertainty surrounding Britain's exit from the European Union (Brexit). The IMF expects the global economy to grow ...

Tags: IMF, global growth

China's Yuan Further Weakens

Jul 19, 2016

The Chinese currency renminbi, or the yuan, continued to weaken on Tuesday but analysts said more sharp depreciation is unlikely. The central parity rate of the yuan weakened 10 basis points to 6.6971 against the U.S. dollar, the weakest ...

Tags: Chinese currency, sharp depreciation

China's ODI, Service Trade Jump in H1

Jul 19, 2016

Chinese companies continued to boost their overseas investment in the first half (H1) of the year, official data showed on Tuesday. China's non-financial outbound direct investment (ODI) rose 58.7 percent from a year earlier to 580.28 ...

Tags: outbound direct investment