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China to Tackle Climate Change Challenges to Agriculture: As climate change poses a great challgenge to China's agricultural sector, the government and farmers should tackle it in a scientific and systematic way, Chinese Vice Minister of Agriculture Niu Dun said in an interview with Xinhua. Climate change has posed great threats to the ...

China's Power Consumption to Grow 7 pct in 2010: China's power consumption would rise 7 percent this year if the country could maintain an 8-percent growth of economy, Wang Xudong, chief of the State Electricity Regulatory Commission (SERC), said here Monday. Because the economy would continue to improve this year, the power ...

Quality of China's Agricultural Produce Improving: The quality of China's agricultural produce including vegetables, domestic animals and aquatics was improved in 2009, the Ministry of Agriculture said Monday. The ministry released an annual report based on monitoring results of agricultural products, saying 96.4 percent of ...

China Listens to Global Experts for New five-year Plan: Some of top global bankers and economists sit with China's economic policy makers face to face here Tuesday, discussing suggestions on the country's development strategy for the next five years. It is the first time that China invites international expertise to advise on goals ...

Profits of Chinese State-owned Enterprises up 9.8 pct in 2009: Combined profits of China's state-owned enterprises (SOEs) grew 9.8 percent last year to 1.34 trillion yuan (196 billion U.S. dollars), the Ministry of Finance (MOF) said Tuesday. Business revenue of the SOEs grew 5.9 percent year on year to 22.5 trillion yuan, the ministry said ...

China's CPI Picks up Amid Rising Inflation Fears: 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. The figure rose sharply from the 0.6 percent rise in November when the index ended nine months of ...

China's GDP Expands 8.7% in 2009: China's economy expanded 8.7 percent in 2009 from a year earlier, exceeding the government's annual growth target of 8 percent, according to the official data. Gross domestic product (GDP) reached 33.54 trillion yuan (4.91 trillion U.S. dollars) in 2009, Ma Jiantang, director of ...

China to Speed up Elimination of Outdated Production Capacity: The government will step up efforts to eliminate outdated production capacity, said a statement issued by the State Council on Wednesday. Eliminating outmoded production capacity was imperative to transform the economic growth pattern, boost economic growth quality and fight the ...

Beijing's Per Capita GDP Exceeds $10,000: Beijing's per capita gross domestic product exceeded 10,000 U.S. dollars for the first time last year after a strong economic recovery, a local statistics official said Thursday. The GDP in the Chinese capital grew 10.1 percent to 1.187 trillion yuan (137.8 billion U.S. dollars) ...

Shanghai Posts 8.2% Growth in GDP: Shanghai's economy secured a year-on-year growth of 8.2 percent in 2009, with faster expansion in the service industry countering a slower pace in manufacturing, the Shanghai Statistics Bureau said Friday. The gross domestic product in Shanghai last year jumped to 1.49 trillion ...

China's Securities Regulator Issues Margin Trading Guideline: [object Object]

IMF Says Chinese Economy to Grow 10% for 2010: The International Monetary Fund (IMF) said Tuesday the Chinese economy will expand 10.0 percent this year and 9.7 percent next year, much better than previous forecasts.

China's Consumer Confidence Index Rises in Q4 Last Year: 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 Tuesday by the China Economic Monitoring & Analysis Center under the National Bureau of Statistics. The rise was ...

HK's Total Exports, Imports up in December, 2009: The value of Hong Kong's total goods exports and imports recorded year-on-year increases in December, the Census and Statistics Department of Hong Kong Special Administrative Region government said on Tuesday. Comprising re-exports and domestic exports, the value of total exports ...

China, Costa Rica Hold 6th Round of FTA Talks: China and Costa Rica held their sixth round of talks on the Free Trade Agreement (FTA) here on Monday. During the three-day meeting, the two sides will mainly discuss issues such as market access, the rule of origin, and intellectual property rights. "We have agreed in more than ...

China's Fiscal Revenue Rises 55.8% in Dec.: China's fiscal revenue for last December reached 508.4 billion yuan (74.45 billion U.S. dollars), up 55.8 percent year on year, the Ministry of Finance (MOF) announced Friday. Of the total, the central fiscal revenue topped 183.1 billion yuan, up 140 percent from December 2008, ...

Statistics of Capital Account in 2009 Not Comparable to 2008: Preliminary statistics which showed a surge in China's capital account and financial items surplus last year are not comparable to the statistics for 2008, the State Administration of Foreign Exchange (SAFE) said Monday. The statistics released Friday showed China's capital ...

China's Current Account Balance Falls 35% in 2009: China's current account balance dropped 35 percent in 2009 to 284.1 billion U.S. dollars, preliminary data released by the State Administration of Foreign Exchange (SAFE) showed Friday. According to SAFE, China recorded a goods trade surplus of 249.3 billion dollars, and a yearly ...

China Allocates 12.7 bln USD Farming Subsidy: China's Ministry of Finance (MOF) announced Thursday it had earmarked 86.7 billion yuan (12.7 billion U.S. dollars) of subsidy for grain-growing farmers nationwide. The subsidy is to partly offset the seed, pesticide and chemical fertilizer cost of farmers in their spring farming ...

Yuan is Becoming a Strong Regional Currency: Russian Deputy Finance Minister Dmitry Pankin told Xinhua on Wednesday the Chinese yuan was becoming a strong regional currency. Pankin said at the Russian Forum 2010 the increasing use of the yuan in international trade settlement "is a natural course." Russia was closely ...

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