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China`s industrial output up 19.2% in Nov: China`s industrial output growth accelerated to 19.2 percent in November year on year, following a 16.1 percent increase in October, data from the National Bureau of Statistics showed Friday.

Services trade marked as next big thing after crisis: China is aiming to cut its reliance on manufacturing and boost its services trade to facilitate domestic economic restructuring going into the post-crisis world market. Trade in goods, which mainly generates from labor-intensive manufacturing industries and accounts for about 90 ...

China suffers 101 trade remedy investigations: China suffered 101 trade remedy investigations launched by 19 countries and regions by November 3 this year, according to the Ministry of Commerce (MOC). These investigations, targeting Chinese products, involved more than $11.68 billion, said Wang Chao, the MOC assistant ...

Chinese-character domain names to expand: The use of non-Latin characters from start to finish for Internet domain names could see a massive expansion of Internet use and commerce in China, experts predict. The board of the Internet Corporation for Assigned Names and Numbers (ICANN), a nonprofit body that oversees ...

UN: Economic growth expected for China in 2010: China`s economic growth is projected to reach 8.8 percent in 2010, but will still fall short of pace according to pre-economic crisis levels, a new UN economic report said here on Wednesday. A preview of the annual economic report, which was launched here at the UN Headquarters ...

FDI barriers likely to be eased further: China will introduce steps to facilitate inward foreign direct investment (FDI) and to spur outbound direct investment, a top official from the Ministry of Commerce said on Wednesday. The timing is right for foreign companies to make investments or increase investments in China ...

Daye to double copper output by 2015: Daye Nonferrous Metals Co Ltd, the fifth-biggest copper smelter in China, plans to double refined copper production to 500,000 tons by 2015 and is eyeing an initial public listing, the smelter`s president said. "We are trying to speed up the pace for the listing," Zhang Lin told ...

Forex reserve rises as trade slump eases: The slump in China's exports eased in September in a sign global trade is improving and bolstering the government's efforts to sustain an economic recovery. Exports from the world's third-largest economy in September fell 15.2 percent year-on-year to $115.9 billion, while imports ...

$120b fund for ASEAN set to commence: A $120 billion fund that will offer loans to Southeast Asian countries in economic straits will be ready as early as the end of the year, Chinese officials said in Beijing yesterday. The fund was established in May by ASEAN (Association of Southeast Asian Nations) and China, ...

Chinese investments in Italy increase: Chinese investments in Italy, although still limited compared with that in the rest of Europe, are growing with more and more Chinese firms operating in the country`s strategic sectors, said an Italian government agency on Thursday. Invitalia, the Italian governmental agency for ...

Industry News: China"s CPI to rise moderately in 2010(2010-02-25) Economic confidence reaches record high(2010-01-19) China"s power consumption to grow 7% in 2010(2010-01-19) Home trading in Beijing plummets(2010-01-18) 20 more innovation bases named to boost foreign trade(2010-01-14) China ...

Fujian opens high-speed railway linking Xiamen: A high-speed rail line linking Fuzhou and Xiamen in east China's Fujian province went into operation Monday, as the part of Shenzhen-Shanghai high-speed railway. The railway, 275 km in length, is designed for trains traveling at a maximum speed of 250 km per hour. It will reduce ...

Volkswagen hikes China investments by 1.6b euros: Volkswagen AG, Europe's biggest automaker, will build two plants in China as part of a 1.6 billion euro ($2.2 billion) expansion plan to capture growth in the world's most dynamic auto market. The German carmaker, which operates in China through two joint ventures, reiterated its ...

Global trade: U.S. economy back on track, says major trade credit insurer: PARIS Analysts with trade credit insurer Coface said it has raised its 2010 world growth forecast to 3 percent. Coface -- whichprovides protection for businesses against financial failure by their customers -- issued a report today, noting that the United States A2 rating is ...

Volkswagen hikes China investments by 1.6b euros: Volkswagen AG, Europe's biggest automaker, will build two plants in China as part of a 1.6 billion euro ($2.2 billion) expansion plan to capture growth in the world's most dynamic auto market. The German carmaker, which operates in China through two joint ventures, reiterated its ...

China targets 150 mln 3G users by 2011: China plans to have 150 million 3G mobile telecommunication users by 2011 while investment in 3G development will hit 400 billion yuan (58.6 billion U.S. dollars), the Ministry of Industry and Information Technology (MIIT) said in a statement on its Web site Thursday. The number ...

Home buys come under CPI ambit: China's Consumer Price Index (CPI), a main measure of inflation, would be made more relevant to the dramatically rising home price since next year, said the National Bureau of Statistics (NBS) on Wednesday. The factors of mortgage loan rate and home prices would be given more ...

New credit may exceed government target: China's new credit in 2010 may well exceed the central government-set target of 7.5 trillion yuan ($1.1 trillion) as urban investment in fixed assets continues to grow on a large scale, analysts said. In the first two months of this year, urban investment in fixed assets reached ...

Economic confidence reaches record high: Consumer sentiment towards economic development in Chinese mainland, Macao, Hong Kong and Taiwan has improved for three consecutive quarters, according a press release from the City University of Hong Kong on Monday. The consumer confidence scores for economic development in ...

China to introduce resource tax at "proper" time: China will introduce resource tax at a "proper" time to promote energy saving and environmental protection, the Ministry of Finance said Tuesday in a statement on its Website. The statement provide little details about the move which is part of the ministry's tasks for 2010 ...

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