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Vice premier says China must improve credibility of statistics 10/21/2010
by Chinaview.cnTopic: Statistics
China must improve the quality, accuracy and credibility of statistics to better serve the country's social and economic development, said Chinese Vice Premier Li Keqiang in a letter addressed to a ceremony on Wednesday in Shanghai marking the first World Statistics Day.

A relatively standardized modern statistics system that conforms to China's national con ...Read More
Economic performance 10/11/2010
by Chinaview.cnTopic: Economics
Sichuan province's decision to remove gross domestic product (GDP) from its tools to measure its cities' economic performance is a sensible move.

The provincial government will not assign the local authorities' GDP growth rate quotas next year. Instead, it will have 12 indicators to measure how local economies perform.

High time to boost China-EU economic ties: Chinese business leader 10/07/2010
by Chinaview.cnTopic: Economics
As China undergoes economic transformation and Europe recovers from the financial crisis, it's high time the two sides expand economic and trade relations, said a Chinese business leader.

After decades of efforts, China and Europe have entered a new era of trade cooperation with a great prospect for further expansion, Wan Jifei, chairman of the China Council for ...Read More
HK records 300,000 arrivals on Oct. 6 10/07/2010
by Chinaview.cnTopic: Economics
About 300,000 people entered Hong Kong through various control points on Oct. 6, according to statistics provided by the city's Immigration Department on Thursday.

Of the 298,050 passengers arrived in Hong Kong on Wednesday, when the end of Chinese Mainland's "golden week" holiday was one day away, most made their way to the city through Lo Wu, an ...Read More
CPI could top 5%: pundit 09/27/2010
by Chinaview.cnTopic: Economics
The consumer price index (CPI) is likely to peak out in October at 5 percent, while 2010 annual CPI will come in at below 4 percent, an official with a government think tank said at a forum in Beijing over the weekend.

Wang Jian, vice president of the China Society of Macroeconomics, under the National Development and Reform Commission, asserted that keeping inflati ...Read More
Is China still a developing nation? 09/20/2010
by Chinaview.cnTopic: Economics
Should China still be considered a developing country? The hotly debated issue has also become a topic at the upcoming UN summit on the Millennium Development Goals.

As China has achieved rapid economic growth in the past three decades, voice challenging China's status as a developing country from some Western countries has become increasingly louder.
China statistics chief hopes for 10 pct growth, 3% inflation in 2010 09/20/2010
by Chinaview.cnTopic: Statistics
It would be a "good result" for China's economy if the country could achieve a growth rate of around 10 percent and around 3 percent rise in consumer prices this year, Chinese statistics chief said here Wednesday.

Ma Jiantang, director of the National Bureau of Statistics, made such remarks at the ongoing World Economic Forum Annual Meeting of the New ...Read More
Domestic consumption "key to solve trade rows" 09/13/2010
by Chinaview.cnTopic: Economics
Economic "rebalancing", shifting from export-driven growth to one led by domestic consumption, offers one of the best ways for China to ease trade friction with the US, the World Bank president told China Daily on Sunday.

Regarding possible trade disputes between China and the US, World Bank President Robert Zoellick urged both sides to tread carefully bec ...Read More
August economic data suggests Chinese economy's continued momentum 09/13/2010
by Chinaview.cnTopic: Economics
China's August economic data released Saturday gave relief to market participants, with the figures demonstrating the economy's continued momentum despite the government's tightening measures and moves to cool the property market.

Higher-than-expected growth in fixed asset investment, industrial production, retail sales and new loans, as well as the Augu ...Read More
House price rises slowing in August: Official report 09/13/2010
by Chinaview.cnTopic: Economics
China's urban housing price, an irritant that pits the public against the government, rose at the slight pace in August, a newspaper affiliated with the National Bureau of Statistics reported.

The China Information News said Friday that property prices in 70 major Chinese cities rose 9.3 percent in August from a year earlier. The rise seems moderating after at l ...Read More
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