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Chinese Home Prices Rise 1.0% in July: China's home prices continued to rise in July as bank loans surged and the country's economy improved. Home prices in 70 large and medium-sized Chinese cities rose 1 percent in July from a year earlier, according to a joint statement issued Monday by the National Development and ...

China's July Fiscal Revenue Up 10.2%: China's Ministry of Finance announced Wednesday that the country's fiscal revenue in July rose 10.2 percent year on year to 669.59 billion yuan (97.96 billion U.S. dollars). The July figure brought the total fiscal revenue in the first seven months to 4.067 trillion yuan, down 0...

China's FDI Falls 35.7% in July: China received 5.36 billion U.S. dollars of foreign direct investment (FDI) in July, down 35.7 percent year on year, said Ministry of Commerce spokesman Yao Jianon Monday. China's total export-import volume between January and July decreased by 22.7 percent year on year to 1146...

Eurozone Industrial New Orders in June See 3.1% Increase: Eurozone industrial new orders in June registered an increase of 3.1 percent compared with the previous month, the first monthly increase this year, according to data released by the European Union statistic bureau Eurostat Monday. Still, the figure was down by 25.1 percent ...

Japan's July Industrial Output Rise 1.9%: Japanese industrial production in July rose a seasonally adjusted 1.9 percent from the previous month for the fifth straight month of gain, Kyodo News reported. The index of output at mines and factories stood at 82.4 against the base of 100 for 2005, the Ministry of Economy, ...

Eurozone Economy Shrinks at Slower Pace in Q2: The eurozone economy shrank at a slower pace in the second quarter of 2009, suggesting the worst part of the economic crisis may be over, figures from the EU's statistic bureau Eurostat showed. In the second quarter, the combined economy of the 16-nation bloc that share the euro ...

China's August CPI Falls 1.2%: China's consumer price index (CPI), a main gauge of inflation, dipped 1.2 percent in August from a year earlier, the National Bureau of Statistics said Friday.

Eurozone Employment Down Further in Second Quarter: Euro area employment fell further in the second quarter of this year, official figures showed. The number of persons employed in the 16-nation euro area fell by 0.5 percent, representing 702, 000 persons, in the second quarter of 2009, compared with the previous quarter, ...

Eurozone Inflation Confirmed at Minus 0.2% in August: Annual inflation in the euro zone was minus 0.2 percent in August, the European Union (EU)'s statistics bureau Eurostat said on Wednesday, confirming a previous estimate. It has been the third consecutive month that the eurozone inflation was in the negative territory amid the ...

China's Industrial Profits Fall 10.6% in First 8 Months: China's major industrial enterprises reported a combined profit of 1.67 trillion yuan (245.2 billion U.S. dollars) in the first eight months this year, down 10.6 percent from a year earlier, the National Bureau of Statistics (NBS) said. The fall compares to a 19.4-percent ...

China to Input 468.9 Bln Yuan for West Development in 2009: China plans to invest 468.9 billion yuan (68.65 billion U.S. dollars) in projects to boost the development of the country's western region in 2009, said the National Development and Reform Commission (NDRC). The investment will go to 18 projects, including railways, express ways, ...

China's CPI Falls 1.1% in First Nine Months, PPI Down 6.5%: China's consumer price index (CPI), a main gauge of inflation, dipped 1.1 percent year on year in the first nine months of this year, the National Bureau of Statistics (NBS) said Thursday. The September CPI was up 0.4 percent over the previous month. However, the NBS did not ...

China Strives for Faster Retail Growth: China will strive for a higher growth rate for retail sales in 2010 with a bigger contribution to next year's GDP increase, the Ministry of Commerce (MOC) said on Saturday. Consumption was the key drive force for China's economic recovery in 2009, said Jiang Zengwei, vice ...

China Opens 52 New-type Rural Financial Institutions in Western Areas: China opened 52 new type rural financial institutions in western areas by the end of June2009, accounting for 44 percent of the total that newly opened nationwide in the first half year. The China Banking Regulatory Commission (CBRC), China's banking regulator, announced at a ...

China's 8% Economic Growth Goal Achievable: China will, without any doubt, be able to achieve the 8 percent growth in gross domestic product (GDP) this year, a senior Chinese economist said Dec6. Yao Jingyuan, chief economist with the National Bureau of Statistics, made the remarks at a fortune forum in Beijing. However he ...

China's 2008 GDP Growth Revised to 9.6%: China has revised its gross domestic product (GDP) growth rate for 2008 to 9.6 percent from 9 percent, the National Bureau of Statistics (NBS) said Dec25. That raised GDP for 2008 to 31.4045 trillion yuan from the previous figure of 30.067 trillion yuan, NBS director Ma Jiantang ...

Macro-economic policies to continue: China will maintain its pro-active fiscal policy and moderately loose monetary policy to buoy the economy in 2010 as many uncertainties persisted at home and abroad, Chinese Premier Wen Jiabao said Sunday. Averting the trend of falling global demand remained difficult, Wen said ...

China's Ministry of Commerce Looks to Lift Domestic Consumption: China's Ministry of Commerce will make efforts to increase domestic consumption, and open new markets for foreign trade in 2010, said Chen Deming, the country's commerce minister. Chen made the remarks at a national commerce meeting held in Beijing Thursday, saying the government ...

Private Sector Plays Greater Role in China's Economy: The weight of private enterprises in the overall economy is on the rise and that of State-owned enterprises (SOEs) on the decline, Ma Jiantang, minister of the National Bureau of Statistics, said on Dec25. The number of private firms rose by 81.4 percent from 2004 to 2008 to ...

HK's Retail Sales Value Grows 12% in November: The value of Hong Kong's total retail sales in November rose 11.7 percent over the same month last year, the Census and Statistics Department of Hong Kong Special Administrative Region's government announced on Tuesday. The value of Hong Kong's total retail sales is provisionally ...

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