Beijing's GDP growth was 6.9 percent in 2015 and it will maintain steady growth for the next year, the statistics bureau announced Thursday. Beijing's GDP was about 2.29 trillion yuan (about 350 billion U.S. dollars) in 2015 and its ...
Tags: GDP growth, Service
China will continue to be a driver of global economy as it has sufficient investment opportunities and internal resources, a leading Chinese economist said Tuesday. "China will continue to grow economically and continue to be the main ...
Myanmar authorities announced Wednesday that a consortium of six foreign group companies, led by China's CITIC, has won the bid for implementing two projects of the country's newly planned special economic zone (SEZ) in Kyaukphyu, western ...
Tags: Six-Company, Implementing SEZ
China's online retail volume is expected to outperform the rest of the world by reaching four trillion yuan (618 billion U.S.dollars) this year, Commerce Minister Gao Hucheng said Sunday. China has attained key targets outlined by the ...
Tags: Online Retail, Volume
China's economy has entered a "new normal" and those fretting over disappointing data in traditional sectors, will have to adapt. The structure of China's economy has changed and traditional measurements, including GDP growth and ...
Tags: economy, new Normal
China will continue to actively destock its massive property inventory over concerns that the ailing housing market could derail the economy. Along with cutting overcapacity and tackling debt, destocking will be a major task in 2016, ...
The U.S. Commerce Department on Tuesday revised down its estimate for the real gross domestic product(GDP) in the third quarter to a growth of 2 percent, slightly lower than its last projection of 2.1 percent. The growth was on par with ...
Tags: U.S.Economic, Down
Yesterday's U.S. interest rate adjustment narrows the scope for China to balance currency stability with economic growth. The U.S. Federal Reserve raised the benchmark interest rate by 25 basis points on Wednesday, the first increase ...
Tags: U.S.Rate, China's Policy
Workers examine an electric power transmission line of a nuclear power plant in east China's Shandong Province, Aug. 29, 2015. The 675-kilometer transmission line, a part of the 500-KV power supply project of the Haiyang Nuclear Power ...
Tags: clean energy, nuclear power plants
Over 50 World Trade Organization (WTO) members have reached agreement on phasing out tariffs on imports of 201 information technology products. The deal was announced at a WTO ministerial conference in the Kenyan capital of Nairobi. The ...
Tags: IT Product, Tariff Cuts, printers, cartridges
Call it a tale of two sectors -- China's slipping manufacturing and flourishing service sector have defined the country's economy. The Chinese economy is undergoing heavy restructuring as it slowed to a six-year low of 6.9 percent in the ...
Tags: economy, service sector, manufacturing
The mainland company Unigroup's investment in Taiwan's semiconductor industry is purely commercial and should not be politicized, a mainland official said Wednesday. Unigroup, controlled by the prestigious Tsinghua University, is buying ...
Tags: Unigroup, semiconductor
China's annual economic growth could be between 6.6 percent and 6.8 percent next year, with employment and consumer prices remaining stable, a government think tank forecast on Wednesday. However, with growing downward pressure due to ...
Tags: economic growth, GDP
Certain LED manufacturers have turned their attention to niche lighting market applications in the wake of declining LED profits, but MLS is ambitiously vying the IC semiconductor industry and emerging markets to boost its profitability in ...
Tags: MLS, IC Semiconductor, LED display
Thailand's state-owned buyer PTT has deferred the delivery of a tendered LNG cargo until early December because of low downstream consumption, an informed source said Tuesday. PTT bought two cargoes above $6.50/MMBtu from two separate ...