Agency to invest forex reserves

2007-03-12 10:48:55

The Finance Minister confirmed that China would set up an agency to invest a portion of the country's foreign exchange reserves.

Beijing's budget balancing act

2007-03-08 09:43:30

China's premier is trying to get his nation's $2.6 trillion economy to change course. That requires him to maneuver very deftly.

Give financial reform a boost in rural areas

2007-03-07 09:57:46

China should press ahead with rural financial reforms to facilitate the construction of a new socialist countryside, a renowned financial expert, Qin Chijiang, said

Ridding poverty in numbers

2007-03-07 09:52:43

No one in China should live in dire poverty by 2010, members to the National Committee of the Chinese People's Consultative Conference (CPPCC) said yesterday.

Reining in a runaway economy for people's benefit

2007-03-06 09:35:58

While other countries are scratching their heads thinking about how to accelerate their economic growth, China is burdened with a diametrically opposite problem.

In 2007, China will...

2007-03-06 09:05:04

Optimize the mix of imports and exports, change the pattern of foreign trade growth and strive to reduce the large trade surplus;

Wen targets balanced growth

2007-03-06 07:03:21

Premier Wen Jiabao charted a clear path of how China will drive ahead "sound and fast" this year: downshift the economy to 8 percent. Video, Full Coverage

Premier: No inflation problem seen in 2006

2007-03-05 14:02:25

Chinese Premier Wen Jiabao said no inflation problems were seen in 2006, but fixed asset investment was still too large.

Government to cut 2007 budget deficit

2007-03-05 13:38:23

China's central government forecasts a budget deficit of 245 billion yuan ($31.6 billion) this year, 30 billion yuan less than in 2006, as economic growth boosts tax revenue, Finance Minister Jin Renqing said.

Government to cut 2007 budget deficit to 1.1% of GDP

2007-03-05 11:28:51

China's budget deficit is expected to narrow to 245 billion yuan (US$31.62 billion) this year, or 1.1 percent of gross domestic product, from an actual fiscal deficit of 275 billion yuan in 2006, according to the government's budget report from the Ministry of Finance.

Premier Wen vows to help markets

2007-03-02 09:15:26

China's premier promised to improve its turbulent financial markets but announced no new initiatives in a speech published Thursday but written before this week's stock plunge.

Wen calls for more financial reform

2007-03-01 09:30:59

Premier Wen Jiabao has called for deepened reform of the financial sector so as to enhance its sustained and healthy development.

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