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Growth momentum strong, but challenges remained
Premier Wen: Tough economic challenge ahead
Premier Wen Jiabao has warned that the country faces tough challenges in balancing economic growth and tightening policies.
No 'hard landing' for China
China is not at risk of a double slump although it is a possibility in high-income countries, Justin Yifu Lin, chief economist of the World Bank (WB), said on Thursday.
Experts: EU debt crisis unlikely to shake up Chinese economy
The sovereign debt crisis in the European Union has intensified the fluctuations of financial markets worldwide, causing concern about the world economy. Confidence in the continued recovery of the Chinese economy has started to falter as well.
China unlikely to see serious inflation in short term: CICC chief economist
Growth in China's consumer price index (CPI) is likely to see a reverse "V" shape this year and the possibility of a serious inflation is easing, said Ha Jiming, chief economist at the China International Capital Corp. (CICC).
Price surge in certain agricultural products has limited impact on China's CPI: official
Price surge in some agricultural products such as garlic and mung beans would have a limited impact on China's overall inflation, said Peng Sen, vice minister of the National Development and Reform Commission (NDRC), the national economic planner.
Ministry: Rising agricultural product prices not due to speculation
In April, the average wholesale price of 18 vegetables monitored by China's Ministry of Commerce (MOFCOM) has risen 0.3 percent compared with the previous month, and 32.9 percent compared with the previous year. "Speculation is not the main reason for the price hike of agricultural products," said MOFCOM spokesman Yao Jian today.
Gov't striving for laborers' rights
Monthly income grew 5.7% for migrant workers in 2009
In 2009, rural migrant workers made an average monthly income of 1,417 yuan, which marks a 5.7 percent annual growth, though regional disparities remain, according to a report released by the People's Bank of China yesterday.
Faced with labor shortage, Shenzhen will raise minimum wage
The Shenzhen municipal government announced yesterday it will raise the city's minimum wage to 1,100 yuan (around 160 U.S. dollars) per month starting in July.
China's coastal regions raise wages, even out inequities
After Jiangsu province took the lead in adjusting the minimum wage standard this year, Zhejiang, Guangdong and Shanghai followed suit shortly thereafter.
Honda's China plants resume production, wage negotiations continue
Japan's second-largest automaker Honda said Friday four assembly plants in China's Guangdong and Hubei provinces were to resume production, while negotiations over pay continued.
Foxconn on its new endeavour for a suicide-free firm
Terry Gou, president of Foxconn Technology Group, the recent stage for several suicides, disclosed Tuesday that the company plans to move its manufacturing plants to the western part of the Chinese mainland.
Realty speculation cooling down
CASS: China will not repeat Japan's asset price bubble
China's economic development is now at the primary or middle stages, all economic issues can be solved by rising domestic consumption and house prices and monetary issues can not simply compared to that of Japan, said Zhang Jifeng, research fellow of the institute of Japanese Studies affiliated with the Chinese Academy of Social Sciences (CASS) on Tuesday.
Real estate investment grows in south China
Real estate investment surged 30.5 percent year on year to 85.9 billion yuan in south China's Guangdong Province in the first four months, said the provincial statistic bureau.
Hong Kong realtors make hay as mainland demand surges
China's tightened real estate policies are encouraging mainland multimillionaires to snap up luxury apartments in Hong Kong, though some Hong Kong investors are finding mainland property prices more competitive.
May property sales plunge in Beijing, Shanghai, Shenzhen
Property sales in Beijing, Shanghai and Shenzhen fell as much as 70 percent in May as developers delay sales following government tightening measures.
Luxury home prices strong but volume of deals declines
Prices of Shanghai's luxury residential properties remained strong over the past one-and-a-half months although transaction volume plunged amid weak market sentiment caused by a state-level crackdown on speculation in China's overheated housing market, according to a latest industry research.
Affordable homes best solution for property market
The A-share market is apparently "between scenarios". Last week, it plunged after tough action against property speculation - first by the central government in Beijing and then followed by State-owned banks and key local governments.
Trade growing depsite frictions
China trade growth boosts US, world stocks
The expected piece of news that China's exports have regained steam after a sharp slump earlier gave a shot in the arm to investors. Wall Street shot up Thursday by more than 2.8 percent.
China aims to soon enter WTO gov't procurements agreement
Chinese Minister of Commerce Chen Deming expressed willingness to join the WTO Agreement on Government Procurements as soon as possible during the 17th Joint Conference of Chinese and Japanese Investment Promotion Agencies on June 7.
Minister: 'Indigenous innovation' not pegged to trade policies
China's policies to encourage indigenous innovation are independent of trade policies, said China's Minister of Commerce Chen Deming yesterday.
WTO recognizes China's role in resisting protectionism
The World Trade Organization (WTO) completed its third comprehensive review of China's trade policies on June 2 and has recognized China's constructive role in resisting protectionism and promoting global trade and investments.
Minister: trade frictions reflect conflict of development strategies
China has become the world's largest target and victim of trade frictions, Zhong Shan, vice minister of China's Ministry of Commerce said on June 1.
World Bank: China still largest target of trade remedies
In the first quarter of 2010, 19 new anti-dumping probes were launched worldwide, and nine of them targeted products exported from China, meaning China remains the biggest target of trade remedies, said the World Bank in its latest report on trade and international integration.