Economy
November-9-2012
China aims high, doubles its GDP, incomes in 10 years
China has set a goal of doubling its 2010 economic output and people's per capita income by 2020, President Hu Jintao said in his keynote speech Thursday at a once-in-five-years National Congress of the Party.
November-9-2012
High local debt levels coming under control
High local debt levels coming under control
China's local debt level has been decreasing over the past two years and the property loan risk is under control, China's top banking regulator said on Thursday.
November-9-2012
China's economy shows positive signs, with uncertainties
The Chinese economy has shown positive signs of stabilizing but it's hard to judge what it will be next year. China's economic momentum will depend on not only domestic conditions, but also changes brought by the global financial crisis, governor of China's central bank said Thursday.
November-8-2012
Hu vows to boost domestic demand, deepen economic reform
Hu Jintao on Thursday vowed to drive the economy more by domestic demand and push forward across-the-board economic reforms to address problems in the country.
November-8-2012
China to improve socialist market economy, change of growth model
China should accelerate the improvement of the socialist market economy and the change of the growth model, said Hu Jintao in his report to the 18th National Congress of the Communist Party of China (CPC) on Thursday morning.
November-8-2012
EU predicts China growth of 7.7%
The European Union has predicted that China will reach 7.7 percent of economic growth in 2012, a slowdown from 9.2 percent last year and forecasted a similar growth rate for 2013 and 2014.
November-8-2012
Economic restructuring to reduce unemployment
China's ongoing economic restructuring may help cut its structural unemployment, said Song Li, an economist with China's National Development and Reform Commission.
November-8-2012
Economic upward trend unchanged
Economic upward trend unchanged
China is in a critical period of “strategic opportunity”, and its economic upward trend in the long run remains unchanged, Cai Mingzhao, the spokesman of the upcoming 18th National Congress of the Communist Party of China, said on Wednesday.
November-7-2012
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Consumer confidence rises over lower inflation
Chinese consumers' confidence stabilized in the third quarter, due to lower inflation across all categories and double-digit disposable income growth in both urban and rural regions, research from Nielsen showed on Tuesday.
November-6-2012
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Premier displays confidence in economy
The economy is stable and GDP goals are attainable, Premier Wen Jiabao said during an address on Monday to the Asia-Europe Meeting in Vientiane, Laos.
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