 |
|
|
 |
|
The growth of China's non-manufacturing sector slowed in January, as indicated by the drop of the Purchasing Managers Index (PMI), the China Federation of Logistics and Purchasing (CFLP) said Friday.
The dispute between China and the United State over imports of solar panels is set to make life more challenging for Chinese companies.
China's manufacturing sector expanded in January, as indicated by a slight rise in the Purchasing Managers' Index (PMI) to 50.5 from 50.3 in December.
Hong Kong should count on inbound tourism and closer cooperation with the Chinese mainland to support its economic growth, which is forecast to slow significantly during the year due to a slump in exports, experts said.
A proactive fiscal policy is a "feasible and indispensable" option to allow China to maintain steady development amid the global economic downturn, said Finance Minister Xie Xuren on Wednesday.
China vowed to renew its efforts to improve agriculture through science and technology as part of a major effort to boost the country's agricultural production and increase farmers' incomes, a central policy document said.
China's State Council on Wednesday called for more efforts to support the sound development of small and micro-sized enterprises.
China's home prices fell for a fifth month in January as the government maintained its curbs on the property sector and more developers cut prices to stimulate sales.
It is both necessary and possible for China to maintain a proactive fiscal policy this year, Chinese Finance Minister said.
China must speed up industrial restructuring and upgrading, and make substantial progress on the road towards new industrialization, Minister of Industry and Information Technology Miao Wei wrote in an article in the latest issue of Qiushi Magazine.
China's net international investment position at the end of September 2011 was positive to the tune of $1.89 trillion.
China will gradually expand the sample size for measuring the Purchasing Managers' Index (PMI) from the current 820 companies to around 3,000 companies, authorities announced Tuesday.
