Economy
Economy
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The Total Value Added of The Industrial Enterprises Above Designated Size Was up by 10.2%
Oct 22, 2013Industrial Production Operation in September 2013 National Bureau of Statistics of China In September 2013, the total value added of the industrial enterprises above designated size was up by 10.2 percent year-on-year (the following ...
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Foreign Brands with High Price in China
Oct 22, 2013The statistics show that, the average price of luxury goods in China is 51% higher than US market, 72% higher than French market. There is a huge price difference between domestic and overseas, not only in luxury, consumer goods, but also ...
Tags: luxury, consumer goods, Consumer Electronics, Daily Use
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China Commodity Exchange Launched First Iron Ore Futures with Physical Delivery
Oct 22, 2013China's Dalian Commodity Exchange on Friday launched the country's first iron ore futures with physical delivery, which ended the trading day with smooth performance. The May 2014 contract, the most actively traded of the day, rising 1.77 ...
Tags: Iron Ore Futures
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Canada Will Continue to Welcome Chinese Investment and Further Strengthen Economic
Oct 22, 2013Canada will continue to welcome Chinese investment and has taken concrete steps to facilitate capital inflow to further strengthen economic interdependence with China, Canadian Governor General David Johnston said on Saturday. A ...
Tags: Chinese Investment
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Celebrated Chinese Economist Has Underscored The Need for China to Adopt a Unique Pattern
Oct 22, 2013A celebrated Chinese economist has underscored the need for China to adopt a unique pattern in its urbanization effort, much owning to the country's current urban-rural dualism that was implemented in the late 1950's. Li Yining, Honorary ...
Tags: Urban-Rural Dualism
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The US Congress' Dance with Default Impressed Policymakers
Oct 22, 2013Deal or no deal, the US Congress' dance with default impressed policymakers and investors in China and Japan with just how vulnerable their own economic revival plans are to the next political tantrum on Capitol Hill. The 11th-hour ...
Tags: Dollar Drama, Economy
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The Intention of The RMB's Appreciation Is Obvious
Oct 22, 2013Last week, the median price of their currency against the US dollar hit a record high, close to 6.1, the second high after the National Day. Market participants believe that the high innovation more intention shows the central bank ...
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The Overall National Economy Realized Steady Growth and Enjoyed Good Momentum
Oct 21, 2013In the first three quarters of 2013, the CPC Central Committee and the State Council committed to the general tone of making progress while ensuring the stability, stabilized the macro-economic policies, made innovation on the ...
Tags: economy
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China's GDP Amounted to RMB 38.6762 Trillion Growing by 7.7 Percent Year on Year
Oct 21, 2013According to data released by China's National Bureau of Statistics on October 18, in the first three quarters of this year, China's gross domestic product (GDP) amounted to RMB 38.6762 trillion ($6.32 trillion), growing by 7.7 percent year ...
Tags: Economy, Metallurgy, Mineral, Energy
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Jinling Bank Gained Pre-Approval From The State Administration
Oct 21, 2013The name of "Jinling Bank Co., Ltd.", co-sponsored by Sanpower Group and Yurun gained pre-approval from the State Administration for Industry and Commerce, marking private capital takes a step forward to enter the banking. This July 5, ...
Tags: Bank, Jinling Bank
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Top-Class Billionaires Club Won an Investment From ARA
Oct 18, 2013Top-class billionaires club, developed by global famous real estate developer Accurate, won an investment from ARA, a subsidiary of China's richest man Li Ka-shing's Cheung Kong Group. An insider of Accurate disclosed Li Ka-shing did not ...
Tags: economy, Li Ka-Shing
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The Central Parity Rate of Renminbi Against The US Dollar Hit 6.1412 on October 15.
Oct 18, 2013The central parity rate of renminbi against the US dollar hit 6.1412 on October 15. The exchange rate of renminbi against the US dollar closed at 6.1027 in the spot exchange rate inquiry system on October 15 and 6.1082 on October 14, a ...
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China's PPI Decreased by 1.3 Percent Year on Year and Was up 0.2 Percent Month on Month
Oct 16, 2013In September of the current year, China's producer price index (PPI) decreased by 1.3 percent year on year and was up 0.2 percent month on month, according to data released by China's National Bureau of Statistics (NBS) on October 14. ...
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China's Electricity Consumption Rose 10.4 Percent Year on Year in September
Oct 16, 2013Official data showed on Monday that China's electricity consumption, a common indicator of economic activity, rose 10.4 percent year on year in September. The growth, though lower than August's 13.7-percent rise, accelerated from the ...
Tags: Power Consumption, Energy
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China's Total Foreign Trade Value Amounted to $3.06 Trillion, up 7.7 Percent
Oct 16, 2013In the first three quarters of this year, China's total foreign trade value amounted to $3.06 trillion, up 7.7 percent year on year, as announced by the Chinese customs authorities. China's total export value in the given period reached ...
Tags: economy, Foreign Trade Value, Foreign Trade
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