Economy


China-US phase-1 deal signed

CHINESE Vice Premier Liu He and US President Donald Trump signed a phase-one economic and trade deal late yesterday at White House. At the invitation of the United States, Liu He, China’s chief negotiator ...

January 16, 2020, Thursday


Economic goals for coming year

SHANGHAI has set economic goals for 2020, and expects its gross domestic product to grow by around 6 percent, Shanghai Mayor Ying Yong said. “This year is critical in completing the construction of a ...

January 16, 2020, Thursday


PBOC lowers reserve requirements

CHINA’S central bank said yesterday it was cutting the amount of cash that all banks must hold as reserves, releasing around 800 billion yuan (US$114.91 billion) in funds to shore up the real economy. ...

January 2, 2020, Thursday


China’s economic indicators beat expectations, suggesting stability

CHINA’S economic performance improved last month, beating forecasts and paving way for a rebound, official data from the National Bureau of Statistics showed yesterday. Industrial production rose to 6.2 ...

December 17, 2019, Tuesday


Food prices likely to remain steady

CHINA is confident of keeping its food prices stable with bumper grain harvests, expanding hog production and sufficient supply of other fresh food, an official said yesterday. The country has achieved ...

December 17, 2019, Tuesday


China favors development, multilateralism

CHINESE Vice President Wang Qishan said yesterday that China adheres to peaceful development and firmly supports multilateralism, stressing that China’s development will not lead to its replacing any ...

December 2, 2019, Monday


China November PMI bounces back

FACTORY activity in China returned to growth in November for the first time in seven months, as domestic demand picked up. The Purchasing Managers’ Index bounced back to 50.2 in November, its highest ...

December 2, 2019, Monday


Profits of industrial firms fall 2.1% in first 9 months

PROFITS of China’s major industrial firms dropped 2.1 percent year on year in the first nine months, data from the National Bureau of Statistics showed yesterday. The decline narrowed from the 3.3 percent ...

October 28, 2019, Monday


Forum to bring together top names

THE Hongqiao International Economic Forum, an important part of the China International Import Expo, will bring together top names from around the world, representing international organizations in business ...

October 28, 2019, Monday


City records 6% growth in 3 quarters

SHANGHAI’S economy grew 6 percent year on year in the first three quarters, 0.1 percentage points higher than the growth rate in the first half, the city’s statistics bureau said yesterday. Its gross ...

October 23, 2019, Wednesday




 

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