Latest News:  


China's Q2 GDP expected to grow 7.5% y-o-y


20:55, July 09, 2013

BEIJING, July 9 (Xinhuanet) -- Last week, China’s central bank laid out its plans to tap idle capital and make better use of incremental capital in a bid to speed up China’s economic transformation.

The PBOC says China will carry on with its prudent monetary policy. Now with the latest inflation figure just out, we have further signs that the central bank is unlikely to slash interest rates in the near term.

Experts say the government’s focus on reforms may "bring short-term pain before reaping long-term gain", because credit growth is expected to be modest. But we’re waiting to see how serious the pain will be as China’s second quarter gross domestic product data is set to be published on July 15.

Many experts expect that the figure will decelerate to around 7.5 percent on an annual basis, the slowest pace in over two decades.

We Recommend:

Chinese investors' happiness and sadness

Top 10 luxury villas of China in 2013

Soft gold -- gambiered Guangdong silk

China's 1st intelligent
high-speed train tested

Glamorous models pose at Shenyang auto show

Top 10 cities where home prices are set to soar

High-end singles party attracts swarm of girls

Beijing's taxicabs in 30 years

12th Int'l Automobile Industry Expo kicks off


Leave your comment0 comments

  1. Name


Selections for you

  1. China, Russia start naval drills

  2. Stage of actual-troop exercise

  3. Most tragic pics around world

  4. People mourn students in SF air crash

  5. Tour bus catches fire in Shanghai

  6. Keep the childlike innocence

  7. Top 20 most popular supermodels

  8. Rolex Ilhabela Sailing Week kicks off in Brazil

  9. Born to lead: 2nd gen of Chinese tycoons

  10. China's inflation grows 2.7% in June

Most Popular


  1. Shanghai investor sentiment drops
  2. Graduates need more help to start business
  3. CPC is thriving
  4. S&ED serves as 1st major step to build Sino-US ties
  5. Law for elderly creates a legal conundrum
  6. Hospitals should be city's priority
  7. Job seekers should be cautious abroad
  8. Comment: Lessons from Egyptian irony
  9. Thinking small begins to yield results
  10. Need for structural reform seen growing

What’s happening in China

Severe rainstorms batter SW China quake-hit regions | Pedestrians fall into river after bridge collapses

  1. Severe floods affect 16,900 in SW China
  2. Infrastructure construction goes well in Sansha
  3. Paperback microblogger
  4. 1 held for polluting river with chemical wastes
  5. Women spot the mischief behind glass skywalk