China，now the world's second largest economy, ought to maintain stable policies in the coming months to guide its economic growth.

On Monday, The People's Daily said in a front page editorial that China should try to balance a number of critical economic factors, including keeping a tight macro-control on soaring housing prices – a major grievance of ...Read More

The growing shortage of farmland and water resources may prevent China from achieving its ambitious grain output targets in the next decade, warned both officials and experts. 

Acute shortages of reserve farmland and water resources are now the main restraints for the country to ensure its food security, Zhang Ping, minister of the National Development and Refo ...Read More

China's mutual funds posted total losses of 439.75 billion yuan (around 64.69 billion U.S. dollars) in the first half of 2010, the highest since the second half of 2008, according to statistics from TX Investment Consulting Co. Ltd.

Equity mutual funds contributed most to the heavy loss. They reported 296.30 billion yuan in losses. In the first half, only money ...Read More

Macao's visitor arrivals in July went up by 23.2 percent over the same period of last year to 2.68 million, according to the figures released on Monday by Macao's Statistics and Census Service (DSEC).

Chinese mainland remained Macao's major source market, accounting for 52.8 percent of the total, standing at 1.14 million, with 477,119 traveling to Macao ...Read More

Japan-China economic relations can better be categorized as complementary rather than competitive, said Chi Hung Kwan, senior fellow of Nomura Institute of Capital markets Research in Tokyo Tuesday.

Kwan said because Japan's strength in areas including the high- tech is China's weakness, the economic ties are not "a zero sum game" that China's ...Read More

Chinese Vice Premier Li Keqiang on Tuesday called on closer cooperation with Japan in energy efficiency, sustainable economic and high-tech areas.

Li made the remarks while meeting with Japanese Minister of Land, Infrastructure and Transport Maehara Seiji in Beijing.

As important economic partners, China and Japan should further tap potent ...Read More

China's auto production and sales will both exceed 15 million vehicles this year, Secretary-General of the China Association of Automobile Manufacturers Dong Yang said last week, Xinhua reported. 

The report also cited Dong as saying China's auto exports this year may reach the level they were at before the financial crisis. 

A total of nearly 2,100 enterprises must eliminate backwards production capacity in 18 different industries before September 2010 or face closure, according to a public announcement released by the Ministry of Industry and Information Technology (MIIT) on Aug. 8.

The enterprises mainly involved are 760 cement plants, 280 paper mills, 200 printing and dyeing mills, 1 ...Read More

The Governor of the People's Bank of China (PBC) Yi Gang recently mentioned that China had overtaken Japan to become the world's second largest economy. Some UK researchers believe that at current GDP growth rates, China will overtake the U.S. to be the world's top economy within nine years. The forecasts sparked heated debate worldwide. Some people think the figures are faked and ...Read More

Due to rising vegetable prices after extreme weather events and the low price base in 2009, year-on-year growth of China's consumer price index (CPI) will hit a new high in July, some financial institutions have predicted.

CPI growth may exceed 3.2 percent in July, but there may be a downward trend in the second half of 2010, some analysts said.