Finance & Economy

China's October CPI up by 1.6% While PPI Down by 2.2%

China's inflation came in at 1.6 per cent in October, unchanged from the previous months, the government said on Monday (Nov 10).

Monday, November 10, 2014

China Launches Intensive Infrastructure Projects to Boost Economy

State-owned China National Radio reported on Saturday that the National Development and Reform Commission (NDRC), the nation's top government agency in charge of economic planning, has approved a total of 21 investment projects between Oct. 16 and Nov. 5 with ...

Monday, November 10, 2014

China`s September Industrial Profits up 0.4%

Profits of Chinese industrial businesses hit 563.39 billion yuan (92.36 billion U.S. dollars) in September, up 0.4 percent year on year, official data showed on Tuesday (Oct 28th).

Wednesday, October 29, 2014

Chinese Statisticians to Broaden Focus from GDP

China's top statistical authority on Friday (Sep 12th) announced a broader accounting plan that aims to shift officials' overriding obsession with GDP and place more weight on environmental and social development.

Monday, September 15, 2014

RMB's Value Hits 6-month Peak

The value of the Chinese currency renminbi, or the yuan, strengthened by 95 basis points to 6.1425 against the U.S. dollar in its central parity on Sep 10th, indicated the China Foreign Exchange Trading System.

Thursday, September 11, 2014

China to Become World's Largest Economy in 2024: IHS

China will become the world's largest economy in 2024, as the country's consumer spending is expected to almost quadruple from 2013 to 2024, said IHS Inc., a global industrial data and analysis company, Friday (Sep 5th) in London.

Tuesday, September 9, 2014

China's Exports Expand 9.4% in August

China's exports in August rose 9.4 percent year-on-year to 208.5 billion U.S. dollars, with monthly trade surplus reaching an all-time high of 49.8 billion U.S. dollars, customs data showed on Sep. 8th.

Tuesday, September 9, 2014

Premier stresses social funds in railway construction

Chinese Premier Li Keqiang has encouraged the China Railway Corporation (CRC) to further emancipate the mind and seek more social capital, the central government's website reported on Sunday (Aug 24th).

Monday, August 25, 2014
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