China's Ecnomic Growth Important for world
[2009-01-15 10:21:57]
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A summit the world anticipates G-20 leaders and key figures with the UN, World Bank as well as other international institutions will gather in the Summit on Financial Market and World Economy to be held in US capital Washington on Nov.15. More>> More>>Hu to attend G20 summit on crisis
President Hu Jintao will attend the G20 summit on the global financial crisis slated for next Saturday in Washington DC, the Foreign Ministry announced yesterday. China expected to build a fair, inclusive and efficient international financial system, said Vice Foreign Minister He Yafei on Nov.6. More>>
A turning point in strategy
A series of prompt measures taken by the Chinese government recently to boost domestic demand has become another turning point in strategy amid the global battle against the financial crisis. More>> |
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China approves multi-bln-dollar projects amid resolution to spur economy China's government on Wednesday announced a slew of measures, including approval of infrastructure projects and a further rise in export rebates, in a wide-ranging attempt to stimulate the economy and stave off the effects of the global financial crisis. More>>
A senior Chinese planning official told reporters on Nov. 14 that the new 4 trillion yuan (586 billion U.S. dollars) economic stimulus package includes 1.18 trillion yuan from the central government through 2010. More>>
The Executive Meeting of State Council agreed on Nov. 5 that ten measures would be taken to expand domestic demand and enhance economic performance. The current policy adjustment was regarded as imperative and a must. More>>
China to raise export rebates to boost exports China's 4 trillion yuan stimulus to boost economy, domestic demand China to step up efforts to improve urban and rural infrastructure Investment in airport construction to reach 200 billion yuan next year China outlines first mid- and long-term plan to ensure grain security Banks to increase lending, but keep eye on risks Mega bond float to back fiscal package China central bank to give out 100 bln yuan of policy loans by yearend Chinese securities company are allowed to introduce new services more frequently China announces tax exemption to boost property sector China adopts "active" fiscal, "moderately easy" monetary policies to boost economy China allocates one bln yuan to support enterprise financing Rates cut again to spur growth |
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China's GDP up 9.9% in Jan.-Sept. period China's gross domestic product (GDP) grew 9.9 percent year on year to 20.163 trillion yuan (2.96 trillion U.S. dollars) in the first three quarters of this year, the National Bureau of Statistics (NBS) said on Oct. 20. More>> China's industrial growth saw a pronounced slowdown last month as the global credit squeeze and declining orders began to bite. More>> China's broad money supply grew 15 percent in October, the slowest pace in three years, a sign economists said shows the economy is in sharp slowdown. More>> The National Bureau of Statistics released on Nov. 11 that the consumer price index rose 4 percent in October and 6.7 percent over the 10 months of the year respectively, compared with the same period of last year. Further decrease is expected in the fourth quarter. More>> China's General Administration of Customs on Nov.12 announced that the country's trade surplus in the first ten months of this year stood at 215.99 billion U.S. dollars, with the trade surplus of October reaching 35.24 billion U.S. dollars. More>> China's current account surplus rose 18 percent to 191.7 billion U.S. dollars in the first half of 2008, the foreign exchange regulator said on Wednesday. More>> Sales were down at a major Chinese trade fair which closed Nov.6. Contracts signed during the 104th China Import and Export Fair in Guangzhou, the provincial capital of Guangdong, totaled 31.55 billion U.S. dollars. That's down 17.5 percent from the previous fair held in April and down 15.8 percent from the autumn session a year ago. More>> China's retail sales grew at an annual rate of 22 percent in October, down 1.2 percentage points from September, the National Bureau of Statistics said on Nov.12. More>> China's Ministry of Finance (MOF) on Nov.13 reported the country's fiscal revenue last month had dropped by 0.3 percent from October last year to 532.9 billion yuan (78.04 billion U.S. dollars). More>> China's housing prices are expected to fall 10% on average in the coming two years with the highest drop reaching 30%, according to a recently-released research report by the Institute of International Finance of the Bank of China (BOC). More>> |
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- Profits in China's State Firms Fall 17.6% in First 9 Months
(2009-10-20) - China Can Build ′Green Economy′ by 2030
(2009-03-02) - Dollar Mixed as Investors Waiting for European Rate Decision, U.S. Job Report
(2009-04-02) - Dollar Rises Against Major Currencies
(2009-01-15) - PM: Japan to Provide $17 Bln for Asian Countries to Boost Growth
(2009-02-01) - Assets of Foreign Banks in China Up 7.37% in 2008
(2009-03-16) - Medvedev Lauds Gov't's Efforts to Handle Economic Crisis
(2009-09-10) - Chinese Shares Sink 4.7% on Investors' Economic Concerns, Regional Losses
(2009-02-19) - US Firms Upbeat about China
(2009-05-13) - HSBC: China's Economic Growth Likely Back to Well Over 8% in Q2
(2009-01-19)
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Jobs Increase in Second Quarter |
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Chinese Shares Hit one-year High, Driven by Heavy Weights |
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Uncertainty Overshadows FDI into China - Special |
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US Firms Upbeat about China |
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Power Output Dip Seen for April |
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Spending on Core Sector Up |
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China's Foreign Reserves Hit $1.95 Trillion at End of March |
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China's Feb. Trade Worst in Decade as Global Downturn Deepens |
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Chinese Banks Profit up 30.6% in 2008 |
