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China Issues Guidelines on Building Better Cities
Feb 22, 2016Chinese central authorities on Sunday issued a document to set the basic principles, key tasks and targets for future urban development and management, aiming to make China's sprawling cities more livable, efficient and green. The ...
Tags: Guidelines, urban development
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Special Fund to Be Set up to Deal with Zombie Companies in China
Dec 31, 2015It's being reported the Chinese government is setting up a 30-billion-yuan fund to help eliminate industrial overcapacity and reconstruct so-called "zombie companies". The money is going to compensate the employees of the "zombie ...
Tags: Special Fund, Zombie Companies
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Chinese Shares Register Gains Friday on Strong Transportation Sector
Dec 28, 2015Chinese stocks posted gains on Friday as market sentiment was boosted by a strong transportation sector. The benchmark Shanghai Composite Index rose 0.43 percent to close at 3,627.91 points. The smaller Shenzhen index gained 0.37 percent ...
Tags: Shares, Transportation Sector
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China's Property Sector to See Mild Growth, Divergence in 2016: Report
Dec 28, 2015Housing prices in China are expected to grow steadily in 2016, while divergence between bigger and smaller cities will continue, according to a property research organization. Government policy has perhaps helped to ease the housing glut ...
Tags: Property Sector, Mild Growth
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China's PRO-growth Moves to Deepen Structural Reform, Produce Big Dividends for Global Economy
Dec 25, 2015China's latest efforts to stimulate its economy by deepening structural reform will produce rich "dividends" shared within China's borders and across the world. While the effectiveness of traditional demand-side policy support lessens, ...
Tags: Structural Reform, PRO-growth
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Work Efficiency Improved in China's Customs after Reforms
Dec 25, 2015This year China has seen its customs undertaking reforms to facilitate trade across the border. Yu Guangzhou, head of the General Administration of Customs, said the customs clearance reform is in accordance with the annual economic work ...
Tags: China's Customs, Work Efficiency
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Entrepreneur Confidence Index Down in Q4
Dec 25, 2015Chinese entrepreneurs are not as confident about the macro economy as they were in the previous quarter, said a quarterly survey by China's central bank Thursday. Based on a survey of over 5,000 industrial businessmen nationwide, the ...
Tags: Entrepreneur, Confidence Index
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China Tackles Housing Glut to Arrest Growth Slowdown
Dec 24, 2015China 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, ...
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Foreign Media Focus on Outcome of China's Key Economic Meeting
Dec 24, 2015The priorities set out by Chinese leaders at a key economic meeting have prompted strong interest among foreign media organizations. The Central Economic Work Conference, which was held here from Friday to Monday, reviewed China's ...
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Russian Expert Praises Anti-crisis Measures Adopted in China's Key Economic Meeting
Dec 24, 2015The Chinese government is taking absolutely adequate measures to handle slowing economic growth and an increase of certain imbalances, a leading Russian expert has said, commenting on China's key economic meeting held last weekend. "What ...
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China to Promote Direct Financing
Dec 24, 2015The State Council announced Wednesday that it supported the development of direct financing to reduce production costs for enterprises. Through direct financing, enterprises can get funds from the capital market by issuing shares or ...
Tags: Direct Financing
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Innovation to Be The Focus of China's Economic Development in 2016
Dec 22, 2015A file photo shows a high-speed train, independently developed by China, departs from the Harbin West Station, NE China's Heilongjiang Province. Ways to keep the economy steady through structural reforms are said to be the focus as ...
Tags: Innovation, economy steady
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China to Improve Policies for Steady Growth in 2016
Dec 22, 2015The Chinese government will make fiscal policy more forceful and monetary policy more flexible to keep growth in a proper range in 2016, an official statement showed Monday. "China's current proactive fiscal policy needs to be more ...
Tags: fiscal policy, monetary policy
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China to Encourage Property Developers to Lower Prices, Consolidate
Dec 22, 2015China will encourage property developers reduce home prices as part of efforts to destock inventory, said a statement issued Monday after a key economic policy meeting. The Central Economic Work Conference said the country will promote ...
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Li Pledges to Cut Back on Overcapacity
Dec 4, 2015Premier Li Keqiang has pledged "firmer resolve and greater efforts" to tackle the long-standing problem of industrial overcapacity as "old growth drivers" such as manufacturing and investment continue to struggle. China is experiencing a ...
Tags: high-tech industries, Overcapacity
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