China / Economy

China to expand credit for spring plowing

[2014-03-05 19:34]

The People's Bank of China (PBoC) announced Wednesday it will add 20 billion yuan ($3.26 billion) to re-lending quotas for financial institutions to support spring plowing in the world's most populous country.

Indonesian airline joins Skyteam alliance

[2014-03-05 19:18]

Garuda Indonesia, the flag carrier of Indonesia, joined the airlines alliance of Skyteam, which includes four Chinese companies, on Wednesday.

Online bookseller joins hands with grocery store

[2014-03-05 18:53]

Chinese e-commerce website Dangdang Inc on Wednesday joined hands with, a Wal-Mart Stores Inc-backed online grocery store, to spur their sales and market share.

Chengdu's GDP surpassed $148b in 2013

[2014-03-05 15:33]

With its Gross Domestic Product (GDP) surpassing 910 billion yuan ($148 billion), Southwestern China's Chengdu city maintained steady economic growth last year.

China to maintain proactive fiscal, prudent monetary policies: report

[2014-03-05 08:51]

China will continue to implement a proactive fiscal policy and a prudent monetary policy, according to a government work report to be delivered by Premier Li Keqiang at the opening of the annual parliamentary session on Wednesday.

China keeps 2014 growth target at 7.5 percent

[2014-03-05 08:46]

China targeted economic growth of around 7.5 percent in 2014, unchanged from last year, according to a government work report to be delivered by Premier Li Keqiang

Economy faces myriad of 'challenges, conflicts'

[2014-03-05 01:54]

Premier Li Keqiang stressed on Tuesday that China must deepen reforms and maintain stable and sound economic growth as the economy grapples with "conflicts and challenges".

No crackdown on Yu’ebao

[2014-03-05 00:03]

The People's Bank of China will regulate the fast-growing Internet finance sector more carefully, but it won't crack down on it.

Visa waiver boosts Beijing visits

[2014-03-04 23:56]

Convenient tax refund program may also attract more overseas travelers

Premier stresses stable, sound economic growth

[2014-03-04 20:06]

Premier Li Keqiang stressed Tuesday that China must deepen reforms and maintain a stable, sound economic growth as the country is still facing a complicated situation in economy.

Central bank will not outlaw Yu'ebao

[2014-03-04 16:08]

The People's Bank of China will not ban Yu'ebao, said governor Zhou Xiaochuan, on Tuesday, soothing jittery users of the service which has poached traditional financing long dominated by banks

China on a fresh start of reform

[2014-03-04 11:03]

At a corner of the Aegean Sea along the east coast of the Saronic Gulf lies the ancient Port of Athens -- Piraeus. Merely a dozen kilometers away from central Athens, it has long been the largest passenger port in Europe, bustling with ferries and cruisers.

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