Feature: China's economic growth important for world
"In expanding investment, we must be fast, effective and forceful. We must focus on priorities and adopt a down-to-earth attitude to implement the measures," Premier Wen Jiabao told an executive meeting, which was presided by him and attended by provincial leaders and Cabinet ministers, on Nov.10. "We are confident, and capable, of overcoming the current difficulties," said Wen. More>>

WB Chief Economist: 4 trillion yuan enough for China to maintain a high economic growth

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.
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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.
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China expects "fair, inclusive" world finance system

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.
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China's actions to spur economy

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>>

China details 4 trillion yuan stimulus package

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>>

Ten measures to enhance economic growth

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

 

China's economy

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>>

Industrial growth slows to a crawl

China's industrial growth saw a pronounced slowdown last month as the global credit squeeze and declining orders began to bite. More>>

Money supply growth slows

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>>

China's CPI increase slowdown

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 reports $216 bln trade surplus in Jan.-Oct. period

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 balance of payments maintains "twin surplus" in first half of 2008

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>>

Exports down at China leading trade fair

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 retail sales rise 22% in Oct.

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 fiscal revenue drops 0.3% in October

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 expected to fall 10% on average in next two years

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>>