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>>
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 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>>
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 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 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 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.
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
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's State Council,
or Cabinet, adopted a stimulus plan Wednesday for the shipbuilding
industry at an executive meeting chaired by Premier Wen Jiabao.
China's State Council unveiled a long-awaited
support package for the auto and steel sectors Wednesday to boost the
two "pillar industries".
China approved Wednesday a support plan
for the country's electronics and information industry.
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.
China's State Council
on Wednesday announced support plans for the country's nonferrous metals
and logistics sectors.