Finance & Economy
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). |
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. |
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. |
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. |
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. |
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). |
China Under Little Inflationary Pressure in H2
China's July inflation was within market expectation, indicating little inflationary pressure for China in the second half year, HSBC chief China economist Qu Hongbin said on Sunday (Aug 10th). |
Premier Li:GDP Growth of 7.5% in Range
Chinese Premier Li Keqiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, presides over a symposium about the country's current economic situation in Beijing, capital of China, July 15,... |
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