China / Latest News

Economists favor reducing GDP target to 6.5%

[2015-10-19 06:45]

A further cut in GDP growth is being advised by economists for 13th Five-Year Plan to pave the way for the switch to a consumption-driven economy.

Services sector key to economic change

[2015-10-18 10:00]

With the introduction of the 12th Five-Year Plan (2011-15), China began a new stage of consumption, undergoing the transformation from a society dominated by purchases of daily necessities to one characterized by the consumption of services.

Online markets key to China's rural growth

[2015-10-17 10:17]

China will step up efforts to promote the online sales of agricultural products as part of its broad plan to leverage e-commerce to alleviate property in rural areas, senior officials said on Friday.

China to continue urging moves on Renminbi internationalization

[2015-10-17 02:07]

China will continue to push forward capital account liberalization and renminbi internationalization, a senior representative from the People's Bank of China said in London on Friday.

Major achievements made in 12th Five-Year Plan

[2015-10-16 14:08]

With the introduction of the 12th Five-Year Plan (2011-15), China began a new stage of consumption, undergoing the transformation.

Benefits of tourism home and abroad

[2015-10-16 07:37]

Tourism is a supporting pillar of the service sector in several developed countries, so they tend to invest heavily in attracting tourists to boost their economies.

Premier urges new drive to spur growth

[2015-10-16 07:31]

Premier Li Keqiang has called for intensified efforts and stronger support to turn the manufacturing sector into a new driving force for economic growth.

FTZ network leads new phase of reform

[2015-10-15 07:33]

Hopefully, the success of the Shanghai FTZ will help the FTZ network take the lead in regional development based on the market and relevant laws.

Service sector key to economic transformation

[2015-10-13 08:33]

The country should accelerate its financial, tax, fiscal and educational reforms in a bid to break the structural obstacles to development of the service sector.

China sees 10,000 new firms every day: official

[2015-10-12 08:47]

China sees more than 10,000 firms born every day amid government support for entrepreneurship, a vice minister said on Saturday.

China at the end of the 12th Five-Year Plan

[2015-10-12 07:34]

More progress with raising the share of consumption in GDP calls for making more headway with reforms.

Power use, freight volume show positive change amid economic restructuring

[2015-10-09 20:36]

In recent years, the relationship between China's economic growth and two key indicators - power consumption and freight volume - has attracted extensive attention both at home and abroad.

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