Economy
Economy
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Home Price Rise in Nov in China
Dec 2, 2013The average home prices in 100 major cities in China rose 0.68% in Novermber from October to RMB10758 per sq m, according to a natioingl property price index released by the China Index Academy Sunday. This marked the 18th consecutive ...
Tags: Home Price, Construction, Service
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Gross Profits of Industrial Enterprises in China Increased by 13.7 Percent in Jan-Oct
Nov 29, 2013In the January-October period this year, the aggregate gross profits of large and medium-sized industrial enterprises in China amounted to RMB 4.62632 trillion ($755.9 billion), increasing by 13.7 percent year on year, according to data ...
Tags: Mineral, ferrous metal
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China's Economic Planners Are Taking an Increasingly Hawkish Stance on Overcapacity Issue
Nov 29, 2013China's economic planners are taking an increasingly hawkish stance on the overcapacity issue, reportedly mulling a "white list" for the next campaign. Several central ministries, including the National Development and Reform Commission, ...
Tags: overcapacity, White List
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Tangsteel's CR and HDG Received Certification From SIRIM to Export The Products
Nov 28, 2013On November 27, Hebei province-based Chinese steelmaker Hebei Iron and Steel Group Co. announced that the low carbon cold rolled and hot dip galvanized (HDG) products of its subsidiary Tangshan Iron and Steel Co. (Tangsteel) have received ...
Tags: Tangsteel, CR, HDG, product, receive, certification, Malaysia
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China to Over to Take JP in M&A
Nov 26, 2013China to set to become Asia's leader in outbound corporate acquisitions this year, ending Japan's 2-year reign, as the country's appetite for overseas targets expands beyond natural resources and into areas such as food and banking. So far ...
Tags: economy, overseas targets, bank
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China's Service Trade Grew 13.4 Percent Year on Year in The First Nine Months of 2013
Nov 25, 2013China's service trade grew 13.4 percent year on year in the first nine months of 2013 to reach 390.5 billion US dollars, official data showed on Tuesday. According to the Ministry of Commerce, service exports rose 6.8 percent from the ...
Tags: China's service, insurance, consulting
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Activity in China's Vast Factory Sector Grew at a Milder Pace in November
Nov 25, 2013Beijing - Activity in China's vast factory sector grew at a milder pace in November as new export orders shrank, a preliminary survey showed on Thursday, bolstering expectations the economy could lose some of its vigor in the fourth quarter ...
Tags: PMI, Chinese economy
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HSBC China Flash PMI Slips in November
Nov 22, 2013HSBC China flash Purchasing Managers' Index fell slightly to 50.4 from a 7-month high of 50.9 in October. It still stay above the key-mark that seperates expansion from contraction. Experts believed that PMI slips due to the weakening ...
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Frequent Occurrence of Extreme Weather Conditions in China Caused More Than 2,000 Deaths
Nov 21, 2013The frequent occurrence of extreme weather conditions in China has caused an average of more than 2,000 deaths and up to 200 billion yuan ($32.8 billion) of direct economic loss every year since the 1990s, according to Beijing's latest ...
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The Profits of China's SOEs Surged 10.1 Percent in The First 10 Months of The Year
Nov 21, 2013The profits of China's state-owned enterprises (SOEs) surged 10.1 percent in the first 10 months of the year from the same period in 2012, said the Ministry of Finance on Wednesday. Profits for national and local SOEs stood at 1.97 ...
Tags: SOE Profits, Economy
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Reforms Announced in China Could Begin to Change The Way The Country's LRGs Operate
Nov 21, 2013The series of reforms announced over the weekend in China could begin to change the way the country's local and regional governments (LRGs) operate, said Fitch Ratings, a London-based credit rating company, on Tuesday. If implemented ...
Tags: China's Reforms, Economy
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Chinese Consumer Confidence Rose After The Country's Macro-Economic Situation Recovered
Nov 21, 2013Chinese consumer confidence rose in the third quarter from a year ago after the country's macro-economic situation recovered, according to Nielsen's latest survey. Their confidence added 4 points to 110 points in the three months ended on ...
Tags: Chinese confidence, Economy
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In October 2013, The Total Retail Sales of Consumer Goods Reached 2,149.1 Billion Yuan
Nov 19, 2013Total Retail Sales of Consumer Goods in October 2013 National Bureau of Statistics of China 2013-11-12 14:49:06 In October 2013, the total retail sales of consumer goods reached 2,149.1 billion yuan, up by 13.3 percent year-on-year ...
Tags: Consumer Goods
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The Chinese Economy Has Recovered Solidly Based on Latest Data
Nov 17, 2013The Chinese economy, which saw a notable slowdown early this year, has recovered solidly based on latest data, and analysts expect the recovery momentum to be stable. One of the most convincing indicators emerged on Monday, or "Singles' ...
Tags: China's Recovery, Firm Footing
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China and The European Union Are Expected to Start Negotiations on a Investment Treaty
Nov 16, 2013China and the European Union are expected to start negotiations on a landmark bilateral investment treaty during the upcoming China-EU summit, the top EU envoy in China said. The agreement will help China upgrade its economy and better ...
Tags: Treaty Talks, EU
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