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"We need to thoroughly appreciate how serious and complex the international and domestic economic situations are, be more mindful of potential perils and crises, fully exploit favorable conditions and actively respond to all challenges so that we can successfully accomplish all our tasks and prove worthy of the great expectations and trust conferred on us by the people,"  More>>
PD Online's Opinions on economy

-Will the central bank continue to cut interest rates?

-China confident in its ability for earliest recovery

-"4-trillion yuan stimulus package allows no redundant construction," NDRC chairman

-China's confidence vital to weather global financial crisis

 

China CPI falls to minus 1.6% in Feb., 1st negative growth in 6 yr

China's consumer price index (CPI), a main gauge of inflation, fell to minus 1.6 percent year on year in February, the National Bureau of Statistics said on March 10. More>>

PPI down 4.5% in Feb.

China's producer price index (PPI) fell for the third straight month, dropping 4.5 percent year on year in February, the National Bureau of Statistics said on March 10. More>>

Exports plummeted 25.7 percent year-on-year in February

China's exports plummeted 25.7 percent year-on-year in February, the worst decline in more than a decade, as global demand deteriorated amid the deepening recession. More>>

Retail sales up 15.2% in 1st 2 months

China's retail sales grew 15.2 percent in the first two months to 2 trillion yuan (293.8 billion U.S. dollars), the National Bureau of Statistics (NBS) said on March 11. More>>

Urban fixed asset investment up 26.5% in 1st 2 months

China's urban fixed asset investment rose 26.5 percent year-on-year to 1.027 trillion yuan (150.35 billion U.S. dollars) in the first two months of 2009, the National Bureau of Statistics said on March 11.More>>

Bank loan hits 1.07 tln yuan in Feb.

China's bank credit continued to expand in February, with loan in Renminbi rising to 1.07 trillion yuan (156.3 billion U.S. dollars), up 827.3 billion yuan from a year ago, the People's Bank of China said on March 12. More>>

Industrial output up 3.8% in 1st 2 month

China's industrial output grew 3.8 percent in the first two months this year, with a rise of 11 percent in February, the National Bureau of Statistics said on March 12. More>>

China's monetary policy takes effect

China's monetary policy takes effect, further moderate adjustment possible: central bank governor

China has acted fast amid the global financial crisis to ease its monetary policy that is beginning to take effect, said central bank governor Zhou Xiaochuan on Friday.  More>>

China's central bank prepares for pilot trade settlement in yuan

China's central bank will facilitate the pilot programs of settling international trade in the Chinese currency by reducing "institutional obstacles", a central bank official said in Beijing Wednesday. More>>

China's real economy major victim of financial crisis: chief planner

China saw its real economy worst hit by the global financial turmoil instead of the financial sector in many other countries, chief economic planner Zhang Ping said in Beijing Friday.
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Cross-Strait financial cooperation to be deepened: central bank governor

Financial cooperation between the Chinese mainland and Taiwan will go through similar development and practice in the future as that between Hong Kong and the mainland, the country's central bank governor Zhou Xiaochuan said in Beijing Friday. More>>

No currency swap exercised yet between HK, mainland for liquidity shortage: central bank governor

China has multiple plans in case of worse financial crisis impact: central bank governor

China to expand enterprise bond issuance to fund stimulus projects

 

China's stimulus package for 10 sectors

China to discuss support plans for machinery, textile industries

Support plans for the machinery and textile industries have been drafted and will be submitted to the State Council, the Chinese cabinet, for discussion, according to a media report. More>>

China approves stimulus plan for ship building industry

China's State Council, or Cabinet, adopted a stimulus plan Wednesday for the shipbuilding industry at an executive meeting chaired by Premier Wen Jiabao. More>>

China unveils support package to auto, steel industries  

China's State Council unveiled a long-awaited support package for the auto and steel sectors Wednesday to boost the two "pillar industries".  More>>

China approves support plan for electronics, info industry

China approved Wednesday a support plan for the country's electronics and information industry.  More>>

China unveils support package for light industry, petrochemical sector

The State Council, or China's Cabinet, announced plans to boost the country's light industry and petrochemical sectors in a bid to stimulate the economy. More>>
 

China announces stimulus plans for nonferrous metals, logistics 

China's State Council on Wednesday announced support plans for the country's nonferrous metals and logistics sectors. More>>