PBOC foresees weak dollar, high commodity prices in 2011
2011-03-26 09:11:59
China's central bank said Friday the US dollar is expected to weaken with the slow recovery of the US economy, and global commodity prices will increase due to greater demand.
Urbanization to drive China's growth
2011-03-26 10:20:17
China's urbanization will provide sustainable investment and become a key factor in bolstering the country's growth during the coming five years, said a top policy adviser on Friday.
Inflation to ease later this year: NDRC
2011-03-25 16:16:32
China's consumer prices are expected to rise about 4.9 percent in the first half of this year, and inflation is expected to ease in the second half, China's top economic planner said in a report published by China Securities Journal on Friday.
Hainan to let travelers avoid duties
2011-03-25 14:18:43
Starting April 20, mainland travelers will be able to buy duty-free goods in Hainan as long as they leave the island by air and return to the mainland, the Ministry of Finance announced on Thursday.
China's February lottery sales up 30.2%
2011-03-25 16:06:36
China's February lottery sales rose 30.2 percent year on year to 11.29 billion yuan ($1.72 billion), said the Ministry of Finance on Friday.
State Grid plans to expand network in 2011
2011-03-25 11:24:14
State Grid Corporation of China, the biggest power-network operator in the country by market share, said it will expand its smart grid construction in fileds such as electric-charging stations and wind-power installations in 2011.
Baidu copyright negotiations break down
2011-03-25 10:44:05
Negotiations between Chinese search engine Baidu and Chinese writers over a copyright dispute broke down on Thursday, according to a statement issued by publishers and writers who attended the negotiation.
China accounts for 9.5% of world total GDP
2011-03-25 10:31:06
China's gross domestic product (GDP) accounted for 9.5 percent of the world's total in 2010, nearly double the five percent in 2005, said the National Bureau of Statistics (NBS) on Thursday.
Manufacturing growth quickens
2011-03-25 09:54:40
China's manufacturing growth is accelerating, according to preliminary data from a survey of purchasing managers, signaling the economy may withstand increased interest rates.
Imports help feed hunger for grain
2011-03-25 10:09:17
China ramped up its grain imports last year and its large reserves mean the country will not suffer from a severe shortage in 2011, according to a senior agricultural official.
PBOC tightens liquidity to control inflation
2011-03-25 09:49:05
The People's Bank of China (PBOC), China's central bank, stepped up efforts this week to tighten excessive liquidity stemming from Chinese banks, as capital on the money market remains abundant throughout the country.
Iron ore monopoly may end by 2015
2011-03-25 09:16:59
The monopoly held on China's iron ore supply by a small number of international companies will be "thoroughly" broken up by 2015 as increased investment in the sector boosts global production, according to an expert in China's mining industry.