Fiscal policy to maintain steady growth

2012-02-02 09:05:03

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.

Stronger ties with mainland will buoy HK

2012-02-02 09:05:03

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.

Maintaining proactive fiscal policy 'necessary'

2012-02-02 03:23:33

It is both necessary and possible for China to maintain a proactive fiscal policy this year, Chinese Finance Minister said.

Local govt brags of poverty

2012-02-01 16:47:56

The spokesman from the country's top poverty reduction authority on Tuesday blamed the "foolish behavior" of a county government in Central China's Hunan province for posting cheerful remarks about being named a State-level poverty-stricken area.

Fraud fugitive turns himself in

2012-02-01 16:46:19

Li Dongzhe, one of the country's most wanted economic fugitives, has returned to China and turned himself in, the Ministry of Public Security said on Tuesday.

Govt seeks report opinions

2012-02-01 16:45:04

The State Council announced on Tuesday that it will send drafts of the annual government work report to local governments and some central departments for feedback.

China's 3rd-largest oil reserve base operating

2012-02-01 16:17:28

The third-largest crude oil reserve base in China has begun operating in Hebei province in the north of the country.

China to cut major pollutant emissions by over 30% by 2015

2012-02-01 14:55:25

China has set a goal of reducing its major pollutant emissions by more than 30 to 40 percent by 2015 in its latest 12th five-year plan (2010-2015) for environment protection, according to a Wednesday report in the People's Daily newspaper.

Minister: Speed up industrial restructure and upgrade

2012-02-01 14:36:06

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.

PMI rises to 50.5 in Jan

2012-02-01 13:32:31

China's January Purchasing Managers' Index (PMI) rose to a higher-than-expected level of 50.5 from 50.3 in December, indicating an expansion in the manufacturing sector.

OCCI committee to boost co-op with China

2012-02-01 10:36:39

Osaka Chamber of Commerce and Industry (OCCI) on Tuesday set up a dedicated team for business with China to seek more ways of cooperation and investment in specialized industry fields including joint project for underground street development.

Net int'l investment position at $1.89 trln

2012-02-01 10:33:19

China's net international investment position at the end of September 2011 was positive to the tune of $1.89 trillion.

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