The outline for China’s 13th five-year plan isn’t exactly summer beach reading: The 65,858-character document, which lays out in broad terms how China’s leaders want the country’s economy to develop between now and ...
Tags: five-year plan, political economy
(CCTV financial "dialogue") you know that every year China's imports of goods which is the most expensive? Food? Crude oil? Machinery? None of them! Every year, China spends far more money on a product that is small in size than the bulk ...
Tags: dialogue, Chinese electronics, Chinese core
The Communist Party of China (CPC) Friday specified major tasks for the economic work in 2017, including further advancing supply-side structural reform. The country should push forward reforms in key sectors, including state-owned ...
Tags: CPC, China's economic growth
As China rebalances its economy, some are concerned that the expected slowdown in investment might lead to job losses. Yin Weimin, minister for human resources and social security, told a news conference on February 29 that 1.3 million ...
Tags: Soft Skills, coal sector
The central bank on Tuesday announced plans to introduce green bonds to allow financial institutions to raise funds for green projects. The People's Bank of China (PBOC) said the green bond will widen financing channels for projects in ...
Tags: Green Bond, Interbank Market
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 Japanese government is set to announce a record-high budget of some 96.7 trillion yen (798 billion U.S. dollars) for the next fiscal year to cope with the nation's dire demographic circumstances and related welfare costs, government ...
Tags: Japanese Gov, Budget
A photo shows the household register of China. [Photo: cctv.com] There have been heated discussions over a planned points-based residence registration system in the Chinese capital that accommodates over eight million non-locals. The ...
Tags: household register, Non-Locals
The Communist Party of China (CPC) on Monday unveiled its major economic tasks for 2016, the first year of the country's 13th Five-year Plan. To reduce housing inventories, more migrant rural workers should be issued with urban-residency ...
Tags: Economic Tasks, economic development, social development
As demand for exports continues to slip and the real estate sector cools, China expects consumption and the service sector to help pick slack. The nationwide shopping spree on Single's Day (Nov. 11) offered solid proof of the spending ...
Father Francis Li Jianlin has been looking for investment opportunities and health insurance in his spare time, spurred on by a feeling of responsibility for the priests and nuns in his Catholic diocese in Xinxiang, Henan province. ...
China on Wednesday announced measures to improve the living standards of retired soldiers through pension reforms. The proposed amendments to the veteran pension system have been approved by the State Council and the Central Military ...
Tags: Pension System, Veterans
Apart from monetary easing moves, there is room for China to achieve faster and more balanced growth by cutting the private sector's tax burden, a major Chinese investment firm said Monday. China's central bank has cut benchmark interest ...
Tags: monetary easing, tax
Chinese shares ended higher on Tuesday, with the benchmark Shanghai Composite Index surging 3.13 percent, or 134.06 points, to finish at 4,417.55 points. The Shenzhen Component Index soared 3.10 percent, or 454.74 points, to close at ...
State Council decides to allow up to 300 billion yuan to be invested from social security fund China is to allow up to 300 billion yuan (nearly $48 billion) from the nation's social security fund to be invested in local government bonds ...