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China's fiscal revenue up 33% in September

China's fiscal revenue rose 33 percent from a year earlier to hit 560.94 billion yuan ($82.13 billion) in September, the Ministry of Finance announced on Friday. It is the fifth month in a row that China's monthly fiscal revenue has risen year-on-year, since it rose 4.8 percent ...

China receives $7.9b FDI in September

China received $7.9 billion of foreign direct investment (FDI) in September, up 18.9 percent from the same month last year, the Ministry of Commerce announced on Thursday. It is the second time this year that FDI has risen year-on-year. In August, China received $7.5 billion of ...

China's new loans hit 517b yuan in Sept

Special Coverage: China Biz & Economic Statistics The country's new yuan-denominated loans in the first nine months stood at 8.67 trillion yuan, 5.19 trillion yuan more than the same period of last year.

Marine disasters cause China $1b losses in 2009

Marine disasters resulted in direct economic losses of 10.023 billion yuan ($1.47 billion) in China in 2009, the State Oceanic Administration (SOA) said in a report released Wednesday. The figure was less than the annual average number since 1989, the report said. The report ...

China lottery ticket sales reach $11b in 2009

The lottery ticket sales in China reached 75.6 billion yuan ($11.1 billion) in 2009, the Ministry of Civil Affairs said Wednesday. The figure was up 25.2 percent, or by 15.2 billion yuan, from a year earlier, the ministry said in a statement at the national lottery ticket work ...

China's stock market ranks world's No 2

China's A-share stock market has become the world's second-largest by market value after the United States, the China Center for Market Value Management (CCMVM) said in a report yesterday. The report said that as of the end of 2009, the value of the China's A-share market rose ...

Customs crack 1,411 smuggling cases in 2009

China's customs said it cracked 1,411 trafficking cases involving 2.2 billion yuan ($324 million) last year. It seized 3,184 suspects who were found smuggling products including minerals, automobiles and their accessory, machinery products and wine to China, the General ...

China's consumer confidence index rises in Q4 of 2009

China's consumer confidence index (CCI) rose to 103.9 in the fourth quarter last year, up 3.1 percentage points from the previous quarter, said a report released on Jan 26 by the China Economic Monitoring & Analysis Center under the National Bureau of Statistics. The rise was ...

Iron ore port stocks hit 3-month high

Imported iron ore stockpiles at China's leading ports increased by 310,000 tons last week, hitting a three-month high of 67.42 million tons as of Jan 22, the China Securities Journal reported today, citing industry data. Shipments from Australia increased by 200,000 tons to 22.23 ...

China creates 11.02m new jobs in 2009

China created 11.02 million new jobs in urban areas in 2009, topping the government goal of 9 million, the Ministry of Human Resources and Social Security said Friday. This figure was about 22.4 percent higher than the government's whole year target set in March last year, Yin ...

Number of online game players surges in China

The number of online game players in China surged 33 percent to hit 66 million over the past year, said a report released at the annual conference of Chinese gaming industry that concluded in Dalian on Thursday. The revenue from online gaming industry in the country was 25.6 ...

Outbound tourists to top 51m in 2010

Outbound tourists this year will top 51 million, up 7 percent year-on-year, the director of China's National Tourism Administration said yesterday. The World Expo will attract 3.5 million overseas visitors to Shanghai, Shao Qiwei said.

China's telecom sector reports 4% rise in main business revenue in 2009

China's telecommunication industry reported 842.43 billion yuan ($123 billion) in main business revenue in 2009, up 3.9 percent year-on-year, the Ministry of Industry and Information Technology said on Thursday. Wireless telecommunications contributed 60.43 percent of the revenue...

Steel mills feel the heat in ore talks as output peaks

Crude steel production in China, the world's largest steel maker, rose 14 percent to a record last year, further complicating this year's iron ore negotiations. Steel output rose to 568 million tons in 2009 from 500 million tons in 2008, the National Bureau of Statistics said in ...

Property investments hit 3.6t yuan

China invested a whopping 3.6 trillion yuan ($527.30 million) in the property market last year, a 16 percent year-on-year jump from 2008, the nation's top statistician said at a news conference yesterday. While property development investments rose 16.1 percent, sales and ...

China's home mortgage lending up 48% in 2009

China's yuan-denominated individual home mortgage lending rose 1.4 trillion yuan ($204.98 billion) in 2009, up 47.9 percent from the previous year, said a report issued by the People's Bank of China, the central bank, on Wednesday. The growth rate was 37.4 percentage points ...

China's CPI down 0.7% in 2009

China's consumer price index (CPI), a main gauge of inflation, down 0.7 percent year-on-year in 2009, the National Bureau of Statistics (NBS) said on Thursday.

China's consumer inflation up 1.9% in December 2009

China's consumer price index (CPI), a main gauge of inflation, rose 1.9 percent year-on-year in December last year, the National Bureau of Statistics (NBS) announced Thursday. It is the second straight monthly growth after the index ended nine months of decline in November. The ...

China reports progress in importing overseas talents

China recruited about 480,000 talents from foreign countries, Hong Kong, Macao and Taiwan last year, according to a leading Chinese official in charge of the affairs. While addressing a national conference on importing foreign talents held in Beijing Tuesday, Ji Yunshi, general ...

HK Nov export volume rises 1.4%

The volume of Hong Kong's goods exports in November 2009 rose by 1.4 percent year-on-year, while import volume rose 7.4 percent, local statistical authorities said Tuesday. The prices of goods exports rose 0.5 percent. The prices of re-exports rose 0.7 percent, while those of ...

Latest World News

world

Chicago unveils Chinese New Year celebrations
Chicago unveils Chinese New Year celebrations
CHICAGO -- Chicago held a ceremony Friday at the landmark Daley Civic ...
UN chief, Syrian FM in verbal clash at conference
UN chief, Syrian FM in verbal clash at conference
The first day of the peace conference in Montreux, was marked by ...
Chaos on streets after three reported killed in Kiev
Chaos on streets after three reported killed in Kiev
Three people have reportedly been killed in Ukraine's capital Kiev ...

market

finance

Panel to push financial reform in FTZ
Panel to push financial reform in FTZ
Financial reform in the China (Shanghai) Pilot Free Trade Zone will ...
Economist sees world economy strengthening in 2014
Economist sees world economy strengthening in 2014
NEW YORK, Jan. 24 (Xinhua) -- Global economy is likely to gain ...
China economic reform in focus at World Economic Forum
China economic reform in focus at World Economic Forum
There’s been much talk of China at the World Economic Forum-and a ...

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industry

China's banks must evolve or perish
China's banks must evolve or perish
As China's traditional banks raise interest rates to claw back lost ...
Court rejects Apple lawsuit over iPad name
Court rejects Apple lawsuit over iPad name
Shenzhen Municipal Intermediate People's Court has rejected a lawsuit ...
Chinese steelmakers see profits plunge
Chinese steelmakers see profits plunge
China's 77 major steel companies reported an average profit margin of ...

trade

sports

Injured star short-track skater Wang Meng left out of China's squad for Sochi
Injured star short-track skater Wang Meng left out of China's squad for Sochi Winter Games
Injured Olympic champion Wang Meng has been ruled out of the 139...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...
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