China / Latest News

China's economic downturn 'vastly overstated': report

[2015-10-22 09:10]

China's recent economic downturn is less a sign of catastrophe than of the long-awaited shift to a market economy model that is service-based and consumption-driven.

Security of online financing a State concern

[2015-10-22 07:33]

It is more than necessary to promote the ability to defend financial security during the 13th Five-Year Plan (2016-20) period.

China's GDP remains great result in current scenario

[2015-10-21 10:14]

Despite reduction, China's GDP figure is still a great result given the current adverse economic situation in the world, said a Brazilian expert.

China leans on higher trade surplus to lift economy

[2015-10-21 09:44]

Despite shrinking exports, China's leadership is pleased with a recent trade surplus increase, which is being counted on to ease pressure on capital outflows and back a stronger currency.

Widening social gap is cause for concern

[2015-10-20 16:22]

As China's economy enters the New Normal, a key challenge is widening income gaps and the State needs to take measures to prevent the trend.

Economic rebalancing seen amid weak growth

[2015-10-20 07:31]

China's economy grew at its weakest pace in six-and-half years in the third quarter, but beyond the headline number, analysts see signs of rebalancing.

Bigger role sought for nation in global economic talks

[2015-10-20 07:14]

Chinese think tank researchers call for a more active approach in the country's foreign economic relations in the 13th Five-Year Plan (2016-20).

6% growth over the next five years will be impressive, WB expert says

[2015-10-19 17:48]

It will be an enormous achievement for China if the world's second-largest economy can grow at 6 to 6.5 percent over the next five years, said World Bank expert.

Fundamentals of China's economy unchanged despite slowdown

[2015-10-19 17:29]

The fundamentals of China's economy are unchanged, though the economy grew only 6.9 percent year on year in the third quarter, lower than 7 percent in the first half of the year.

Economic slowdown underscores need for reforms, not panic

[2015-10-19 16:19]

The Chinese economy's slowing to a six-year low in the latest quarter highlights the urgency of effective reforms to the economic system, but panic over the country's growth prospects is unnecessary.

Integration aims to foster regional cooperation

[2015-10-19 11:24]

In this development model, the central government delegates powers to the local governments and links their interests, which range from tax revenues to personal promotion, to regional development.

Difficulties won't stop reform, Li says

[2015-10-19 07:02]

China's financial system is under control and reforms will not stop despite temporary government intervention.

...