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Chinese Entrepreneurs Think Longer Term on Investing Overseas: Chinese investors are unlikely to spend large amounts overseas in the short term despite improved global investment environment. The conclusion has been reached by China Council for the Promotion of International Trade (CCPIT) in a report that was scheduled to be published ...

Chinese, Chilean Trade Unionists Discuss Issues of Shared Interest: Trade unionists from China and Chile met on Tuesday to exchange views and experiences on labor-related issues. The Chinese visitors, led by Vice President of the All-China Federation of Trade Unions Xu Zhenhuan, also extended their sympathy for those Chileans who had suffered ...

UN Report Puts China's 2010 Growth at 9.5 pct: A United Nations report released Thursday said that China will gain an economic growth of 9.5 percent in 2010. The report titled "Economic and Social Survey of Asia and the Pacific 2010", an annual publication of the United Nations Economic and Social Commission for Asia and the ...

China's Consumer Confidence at Record High in Q1: China's Consumer Confidence Index rose four points to 108 in the first quarter, the highest since 2007, but consumers' willingness to consume fell slightly, according to a report released on Thursday by the National Bureau of Statistics (NBS). The NBS' report was conducted ...

Chinese Premier Warns of Complications of Financial Crisis: Chinese Premier Wen Jiabao said Thursday that the complication of the glocal financial crisis with deepening sovereign debt crisis in some nations should not be underestimated. Wen made the remarks at the opening ceremony of the fourth Ministerial Meeting of the China-Arab ...

China's FDI Growth Leaps to 25 pct in April: The foreign direct investment (FDI) China received in April rose by 25 percent year on year compared with March's 12.08 percent, said an official from Ministry of Commerce Thursday. The figure brought FDI growth for the first four months to 11.3 percent from a year earlier, Liu ...

Senior Chinese Political Advisor Stresses Economic Restructuring: Senior Chinese Political Advisor Wang Gang has called for efforts to step up economic restructuring, optimize the industrial structure and improve innovation capability. Wang, vice-chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC...

Chinese Economy to Continue Rapid, Sustainable Growth: Highly effective investment in infrastructure by the Chinese government and the urbanization process in China will ensure the continuous rapid growth of the Chinese economy in the next 20 years, said a distinguished economist on Saturday. Justin Yifu Lin, chief economist and ...

5 mln More Chinese Employed at End of 2009 vs. 2008: More than 779.95 million Chinese were employed at the end of last year, 5.15 million more than at the end of 2008, China's Ministry of Human Resources and Social Security said here Wednesday. Some 297.08 million Chinese worked in the agriculture sector last year, accounting for ...

China Stresses Maintaining Stability of Yuan Exchange Rate: Chinese Minister of Commerce Chen Deming stressed Wednesday that, especially under the current financial crisis, the exchange rate stability is the most important, which is not only a national responsibility, but also a responsibility for the world economic recovery." At a press ...

Chinese Minister Ends Austria Visit After Signing Co-op Pacts: Chinese Commerce Minister Chen Deming on Thursday concluded a trade and investment trip to Austria during which the two countries signed 17 cooperation agreements valued at more than 900 million U.S. dollars. Chen, who led a Chinese trade and investment promotion delegation, met ...

HK Consumer Prices Rise 2.4% in April: Hong Kong's overall consumer prices rose 2.4 percent in April over the same month last year, the Census & Statistics Department announced on Thursday. April's Composite Consumer Price Index was slightly larger than the rate of increase in March, which was 2 percent. Inflationary ...

China, U.S. Start Economic Track of Annual High-level Talks: [object Object]

China Approves Regional Plan for Yangtze River Delta: The Regional Plan for the Yangtze River Delta has been approved by China's State Council, or cabinet, the National Development and Reform Commission (NDRC), China's top economic planner, said Monday. According to the plan, the Yangtze River Delta will be developed into a key ...

Chinese Mainland, Taiwan Busy Preparing for Economic Pact: Experts from the Chinese mainland and Taiwan are busy preparing for their third meeting on the economic pact designed to boost cross-Strait business, a mainland official said here Wednesday. The two sides will work hard to achieve the Economic Cooperation Framework Agreement ...

U.S. to Recognize China MES: The United States has agreed to recognize China's market economy status (MES) as soon as possible, according to a statement from the Chinese side on Tuesday upon the conclusion of the second round of the China-US Strategic and Economic Dialogue (S&ED). According to the statement, ...

China's Growth Projected to Exceed 11% This Year: The gross domestic product (GDP) in China is projected to exceed 11 percent this year before slowing to just under 10 percent in 2011, the Paris-based OECD predicted Wednesday in its Economic Outlook report.

HK's Exports Value Surges Over 20% in April: Hong Kong's total exports and imports value showed significant year-on-year increases in April, at 21.7 percent and 28.8 percent respectively, according to the statistics released by the Census and Statistics Department of the Hong Kong government on Thursday. The exports value ...

Bank Bill Rate Stays Steady: The People's Bank of China (PBC) issued 30 billion yuan ($4.39 billion) in one-year central bank bills Tuesday, 10 billion yuan ($1.46 billion) more than the previous week. The auction yield was unchanged at 1.9264 percent for an 18th consecutive week, dimming market expectations ...

China's PMI of Manufacturing Sector Down in May: The Purchasing Managers' Index (PMI) for China's manufacturing sector stood at 53.9 percent in May, down 1.8 percentage points from last month, the China Federation of Logistics and Purchasing (CFLP) said Tuesday. It was the 15th straight month that the index was above 50 percent...

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