China to boost integrated circuit sector
2011-04-16 15:12:43
China will boost the integrated circuit (IC) sector at a "state strategy" level over the next five years through 2015, Yang Xueshan, vice minister of industry and information technology has said.
Forex reserves to expand at slower pace
2011-04-16 14:36:27
China's analysts said that the country's foreign exchange reserves will expand at a slower pace as its structure of foreign trade becomes increasingly balanced.
Volvo recalls 82 faulty trucks in China
2011-04-16 14:03:10
Volvo (China) Investment Co Ltd will recall 82 of its imported trucks on the Chinese mainland starting on Friday due to defects in their steering system, China's quality watchdog said on Friday.
NBS moves to increase data transparency
2011-04-16 11:45:42
China's National Bureau of Statistics (NBS) released four quarter-on-quarter economic indexes for the first time on Friday. The move is aimed at changing what has been seen as a controversial statistic, and a step towards accepted international standards.
Yuan exchange rate to be more flexible
2011-04-16 11:25:36
China will make the yuan's exchange rate more flexible, but in a "step-by-step" manner, China's central bank governor Zhou Xiaochuan said on Friday.
Hot money has potential to burn
2011-04-16 10:04:02
China faces speculative capital inflows in the next couple of years and should be clearly aware of the potential shock when the capital flees, top executives warned.
Property price rises to boost retail sector
2011-04-16 09:46:06
The high price of Chinese real estate will boost, rather than dampen, consumer spending and promote growth in the retail sector.
Red-hot growth fuels economy
2011-04-16 09:34:14
China's economy continued its rapid expansion in March as the inflation index climbed to a 32-month high. Meanwhile, GDP rose marginally faster than expected in the first quarter, indicating that the government still has much work to do to prevent the economy from overheating.
China Q1 fiscal revenue rises 33%
2011-04-15 16:55:32
China's Ministry of Finance said on Friday the country's fiscal revenue rose 33.1 percent year on year to 2.61 trillion yuan ($401.54 billion) in the first quarter.
Wheels turning to create New Silk Road
2011-04-15 15:01:46
China is planning a "New Silk Road" that will run through Central Asia and continue into Europe facilitating improved transport and trade.
Easou gets new round of funding
2011-04-15 13:22:56
Shenzhen Easou Technology Co Ltd, which has run China's first mobile search engine Easou.com since 2005, said it received $50 million in a new round of funding and may go public on the Nasdaq in New York as early as 2013.
Consumer inflation hits 32-month high
2011-04-15 10:17:04
China's consumer price index (CPI), a main gauge of inflation, rose 5.4 percent in March from a year ago, down 0.2 percent from February, the National Bureau of Statistics (NBS) said on Friday.