Macao's Gross National Income (GNI) at current prices amounted to 380.23 billion patacas (about 47.63 billion U.S. dollars) in 2014, up 6.7 percent year-on-year in real terms, the region's Statistics and Census Service(DSEC) said in a press ...
Tags: Per Capita Income, Macao
Taiwan consumers have continued to show lower expectations about future income and investment as well as general economic situation for the eighth-consecutive month in December, said a survey publicized Monday. The consumer confidence ...
Tags: Consumer Confidence, Keep Lowering
The Chinese government's leading think-tank has released a new study downplaying concerns about the level of debt being held by local governments, suggesting that more spending needs to take place to cope with social issues. On the heels ...
Tags: People's Livelihoods
In the Chinese government's ongoing fight to try to clean up this country's air, a new focus is being being put on small-scale companies in an effort to get them onboard with reducing emissions. Over the past few years, the central ...
Tags: Local Enterprises, Green
China's value-added tax reform is expected to be implemented across all industries next year. Business taxes in four sectors - finance, construction, property and consumer services - will be replaced by VAT. Business tax refers to a ...
Tags: VAT
The China-proposed Asian Infrastructure Investment Bank (AIIB) was formally established Friday. Expectations are high for the new global multilateral financial institution, which will operate in an open, fair and efficient manner, AIIB's ...
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
Against the backdrop of the gloomy global economy, almost all countries have taken innovation as a key to success. So does China. On top-level design, China's 13th Five-Year Plan for 2016-2020 clearly lists innovation as the number one ...
Tags: Innovation, China, Innovation Trend
China's top think tank predicts that China will see its economic growth post between 6.6 and 6.8 percent in the coming year. The number comes ahead of a major economic conference this week, during which authorities are to evaluate the ...
Tags: China's Top Think Tank, Growth
he Bank of Japan (BOJ) announced on Friday it would expand the size of its asset purchasing program while maintaining the same size of the monetary base, in a bid to drive wages higher and boost business spending, two mainstays of the ...
Tags: Bank of Japan Unveils, Increase Wages, Business Spending
The free trade agreement (FTA) between China and South Korea will officially come into force from Sunday, providing an opportunity for the two countries to push forward their already-close cooperation partnership further. Seoul's trade ...
Tags: FTA, China and ROK
The free trade agreement (FTA) between China and South Korea will officially come into force from Sunday, providing an opportunity for the two countries to push forward their already-close cooperation partnership further. Seoul's trade ...