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China to import more consumer goods: 2011-3-7 BEIJING - China will "moderately" increase the imports of consumer goods during the next five years, said a draft of the country's 12th Five-year Plan submitted Saturday to national lawmakers for reviewing. The document said the move would be part of the efforts to boost ...

Trade surplus 'to decrease more' in 2011: 2011-3-8 Targeted imports will rise while export growth set to slow down BEIJING - The trade surplus will decrease further this year and may even go into deficit for a few months, Minister of Commerce Chen Deming said on Monday. This will be due to increased imports of high-tech ...

China's export limits on rare earth conform with WTO rules: former WTO representative: 2011-3-7 BEIJING, March 6 (Xinhua) -- China's export limits on rare earth conform with the rules of the World Trade Organization (WTO), said China's former WTO representative Sunday. China had imposed regulating measures on the mining, manufacturing, processing and exporting of ...

China to accelerate economic restructuring in 2011: 2011-3-7 BEIJING - China will accelerate economic restructuring to embark on a self-relying and innovation-driven growth track, Premier Wen Jiabao said at the opening of the parliament's annual session Saturday. "China's economy needs to be quickly put on the path of endogenous ...

China's inflation to continue falling in Feb.: official: 2011-3-8 BEIJING, March 8 (Xinhua) -- China's inflation rate in February was likely to be lower than that of January, an official with the country's top economic planner said Tuesday. Li Pumin, a spokesman of the National Development and Reform Commission (NDRC), said during an ...

Taiwan regulator to rule on AIG Taiwan unit sale in H1: 2011-3-8 * Regulator aims to decide on Nan Shan sale in H1 * Buyer group asked to submit all paperwork ready by March 24 (Adds comments, details) TAIPEI, March 7 - Taiwan's financial regulator said it will make a decision on American International Group Inc's sale of local unit ...

China's yuan weakens 36 basis points to 6.5687 per U.S. dollar Tuesday: 2011-3-8 BEIJING, March 8 (Xinhua) -- The Chinese currency, or the yuan, on Tuesday weakened 36 basis points to 6.5687 per U.S. dollar from the previous trading day, according to the China Foreign Exchange Trading System. The central parity rate of the yuan, or RMB, hit a record ...

China targets GDP growth at about 8% this year: 2011-3-8 China sets its GDP growth target at around 8 percent this year, according to the government work report delivered by Premier Wen Jiabao on Saturday. The target is set as China still faces an "extremely complex situation for development" this year, and some long-term and ...

China's finance ministry to make more information available to public: 2011-3-9 BEIJING, March 8 (Xinhua) -- The Ministry of Finance will make more financial information accessible to the public this year, said Dai Bohua, spokesperson of the ministry on Tuesday. The ministry will publish the main parts of the 2011 central budget and balance sheet, ...

China able to keep inflation around 4%: 2011-3-9 BEIJING - China is capable of keeping inflation around 4 percent this year if the central government's policies are well implemented, China's former chief statistician said on Tuesday. "The abundant supply of farm produce is key to curb inflation. We should take all ...

Salary growth expected to accelerate but stay below GDP growth: Report: 2011-3-11 The average salary across all industries nationwide grew by 12.34 percent last year, and is expected to increase by 12.6 percent in 2011, a record high in the last decade, according to Salary Report 2011 released by Adfaith Management Consulting Wednesday in Beijing. ...

China's trade deficit hits $7.3b in Feb: 2011-3-11 China recorded a trade deficit of $7.3 billion in February, the General Administration of Customs(GAC) said Thursday. This is China's first monthly trade deficit since March 2010. In the first two months this year, China posted a trade deficit of $890 million, as ...

China, Russia drive growth in world's billionaires: 2011-3-11 * Moscow now home to most billionaires, beating New York * China and Russia now have more than 100 each * Mexican Carlos Slim retains crown as world's richest man * Bill Gates and Warren Buffett hang on to No. 2 and No. 3 * LV Sands' Adelson and Facebook's Zuckerberg ...

China reports $7.3 bln trade deficit in February: 2011-3-14 BEIJING, March 10 (Xinhua) -- China recorded a trade deficit of 7.3 billion U.S. dollars in February as the Lunar New Year holiday season dented exports, the General Administration of Customs (GAC) said Thursday. This is China's second monthly trade deficit in a year, ...

China welcomes WTO ruling on Sino-US business dispute: 2011-3-14 BEIJING - China welcomes a ruling from the World Trade Organization (WTO) over a Sino-US business dispute, said the Ministry of Commerce (MOC) on Saturday. The WTO ruled that US parallel anti-dumping and anti-subsidy duties imposed on four Chinese imports -- standard ...

China's low-carbon economy faces pressure from global trading mode: 2011-3-24 BEIJING - China's development of low-carbon economy faces pressure from the imbalanced global trading mode, according to an academic report released on Tuesday. Experts from research institutions in China, Japan and the United States said in the Annual Report on China's ...

WTO top court backs China in US duties row: 2011-3-15 * WTO condemns "double penalty" on dumping and subsidies * Case looked at pricing in a non-market economy GENEVA, March 11 - The World Trade Organization's top court upheld on Friday some Chinese objections to a ruling that had backed the right of the United States to ...

China may raise quota on foreign exchange purchases: 2011-3-16 The State Administration of Foreign Exchange (SAFE) may increase its annual quota on individuals' foreign exchange purchases from $50,000 to $200,000, the Economic Information Daily reported Tuesday. SAFE did not make any comment on the report, but it was supported by ...

Japan quake sends shockwave through Chinese economy: 2011-3-16 BEIJING, March 15 (Xinhua) -- Japan's massive earthquake and tsunami have sent shockwaves through China's economy, though it is not yet possible to estimate the total loss, analysts said Tuesday. Trade between the two countries will definitely be affected in the short ...

China's opening-up policy impetus to world economy: 2011-3-22 BEIJING - China's opening-up policy in the coming five years to 2015 will provide a new impetus to global growth, China's Minister of Commerce Chen Deming said in Beijing on Sunday. "China will continue to strengthen its engagement with the world with greater courage ...

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