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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

Robust Holiday Consumption in China

Feb 27, 2015

Chinese consumers spent lavishly on travel, movies and gifts during the lunar New Year holiday. While hoards of travelers were on their way home on Feb. 18, New Year's Eve in China, Wu was enjoying the sunshine in Bali with her family, ...

Tags: Holiday Consumption, travel, movies, gifts

China to Take Actions on Steel Pipe Trade Dispute

Feb 23, 2015

An official of China's Ministry of Commerce (MOC) said on Saturday that the ministry will consider taking possible actions in response to a ruling by the World Trade Organization (WTO) panel about a steel pipe trade dispute. "China will ...

Tags: Steel Pipe, Trade Dispute

China's New Yuan Loans Rise in January

Feb 23, 2015

The Chinese currency has seen sharp volatility against the US dollar this week as a strengthening dollar stokes worries of the yuan's depreciation. The yuan continued to decline against the dollar on Wednesday with its spot exchange rate ...

Tags: China's New Yuan, Chinese currency

UAE Would Like to Serve as The Gateway to Better Ties Between China and The Countries

Feb 21, 2015

The United Arab Emirates (UAE) would like to serve as the gateway to better ties between China and the countries in the Gulf region and the Arab world, a senior UAE official said on Saturday. UAE Vice President Sheikh Mohammed Bin Rashid ...

Tags: Belt and Road initiatives, economy

Volatile Capital Flows in China 2015

Feb 20, 2015

China's cross-border capital flows will remain volatile this year amid uncertainties both at home and abroad, the country's forex regulator said on Sunday. As China gradually moves to make its foreign exchange mechanism more ...

Tags: cross-border capital, monetary policies