Enterprises listed on China's NASDAQ-style board witnessed robust net profit growth in 2016, evidence of ongoing industrial upgrading and economic restructuring. Combined business revenue of 603 growth enterprises listed on the board ...
China's direct investment in the U.S. is expected to grow fast in 2017, but political realties pose major downside risk to it, according to a research report by a U.S. consulting firm. Chinese companies invested a record of 45.6 billion ...
Consumption is the major economic driver, showing the nation's success in rebalancing the economy, but more efforts are needed to sustain growth, with heightened pressure in sectors with overcapacity, economists said. "China is on the ...
Tags: Consumption, economic driver
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'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's slowing power consumption and falling railway freight are signs of progress in economic restructuring, rather than evidence of failing industry, the statistics chief said on Thursday. Power use and rail freight are two major ...
Tags: power consumption, railway freight
Renewable energy statistics, viewed in isolation, sketch a misleading picture of wind and solar energy growth in China. According to the Energy Information Agency, China's total installed wind and solar electricity capacity was 7% in ...
Tags: Renewable energy, Solar Power
Growth in China's electricity consumption, an important indicator of economic activity, slightly recovered in May but still remained low, suggesting persistent weakness in the world's second largest economy. Power-use rose 1.6 percent ...
Chinese Premier Li Keqiang on Tuesday called for improved import and export policies to offer more choice to the domestic market. Boosting domestic demand is key to ensuring steady growth and successful economic restructuring, said a ...
Tags: Domestic Market, Consumer Goods
More steps necessary to reverse trend, says government think tank China may need more time to reverse the current economic downturn than previously expected, and further measures are necessary to prevent an accelerated cooling, a leading ...
Tags: economic downturn, China economy
Chief executive officers have less confidence in growth prospects for their businesses amid China's economic restructuring, even as most of them continued to remain bullish on the size and strength of the Chinese economy, a survey said on ...
China will stabilize its property market this year, with tailored, market-based policies to guide "stable and healthy development," according to the government work report delivered by Premier Li Keqiang Thursday.[Special coverage] ...
The Chinese economy is confronted with more difficulties than anticipated in 2014, but it has scored more achievements than expected, said Xu Shaoshi, minister in charge of the National Development and Reform Commission, China's top ...
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. ...
As the tax authority said, China's pilot program to replace business tax with value-added tax (VAT) reduced tax revenue by 191.8 billion yuan ($30.7 billion) in 2014, the tax authority said Wednesday. The country expanded the VAT reform to ...
Tags: VAT Reform, Tax