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Railways carry 25m passengeres during holiday 06/25/2012
by Chinadaily.com.cnTopic: Statistics
China's railways carried nearly 25 million passengers during the three-day Dragon Boat Festival holiday, up 7.5 percent year-on-year, statistics from the Ministry of Railways showed Sunday.

At least 7 million passengers traveled by rail on June 22, marking the daily high during the holiday, according to the figures.

Most of the passeng ...Read More
New alliance will bolster safety of food 06/25/2012
by Chinadaily.com.cnTopic: Statistics
Ecolab unites groups to check on standards of what we eat
From extra lean meat powder to swill-cooked dirty oil; from industrial gelatin used as food coagulant to dairy products containing aflatoxin - a substance that can cause severe liver damage - the Chinese are scared and asking what food they can eat safely and healthily.
"The problems can be solved only by the j ...Read More
Age-old question raises a retirement dilemma 06/25/2012
by Chinadaily.com.cnTopic: Statistics
Workers fear they may be pensioned off in their prime, He Na and Chen Xin report in Beijing.

Time has been kind to He Yumei. The experienced nurse has such a youthful complexion that she and her daughter are often mistaken for sisters. Few people believe she is 52, just three years away from one of the mandatory retirement ages for women in China.

...Read More
Exports bounce back, beat expectations 06/11/2012
by People.com.cnTopic: Economics
China's exports in May jumped by 15.3 percent from a year earlier, much higher than the 4.9 percent rise in April, customs data showed yesterday, alleviating recent market concerns that the world's second largest economy may dip into a deeper downturn in 2012.

Exports grew at a much stronger rate than market expectations of a 6.8 to 7.1 percent increase. Imp ...Read More
China fiscal revenue up 13% in May 06/11/2012
by Chinadaily.com.cnTopic: Economics
China's fiscal revenue in the first five months of the year rose 12.7 percent from the same period a year ago to nearly 5.3 trillion yuan ($841.3 billion), the Ministry of Finance said Monday.

The increase was down by 19.3 percentage points compared to the January- May period last year.

The ministry attributed the slower growth to econ ...Read More
Slowdown in growth for home appliances 06/11/2012
by People.com.cnTopic: Economics
Figures released yesterday show that China's home appliance sales growth nearly came to a halt in May, stoking concerns about an economic downturn, although some experts said that the government's new incentive policies will boost sales significantly.

The country's home appliance sales totaled 49.9 billion yuan ($7.83 billion) last month, an increase of ...Read More
Macao's economy expands by 18.4% in Q1 05/31/2012
by Chinaview.cnTopic: Economics
Spurred by the increase in exports of services and investment, Macao's Gross Domestic Product (GDP) for the first quarter of 2012 grew by 18.4 percent year-on-year, according to the figures released on Wednesday by Macao's Statistics and Census Service (DSEC).

Analyzed by major components, exports of gaming services and visitor spending rose by 19.6 percent ...Read More
China well-equipped to withstand Grexit: expert 05/31/2012
by Chinaview.cnTopic: Economics
A senior expert in China's top economic planning body has said that China is well equipped to withstand a possible Greek exit from the eurozone and no large-scale stimulus program would be needed.

"Assuming a Greek exit would lead to a financial and economic crisis as damaging as the collapse of Lehman Brothers, China would be able to cope" with it, sa ...Read More
Experts warn on economic stimulus policies 05/31/2012
by Chinaview.cnTopic: Economics
A large package of stimulus policies to simply promote investment projects would be "dangerous" for the weakening Chinese economy as the excess production capacity may result in more serious economic fluctuations, economists warned.

Beijing's recent new set of demand-boosting policies has raised economists' worries about a repeat of the side-effect ...Read More
China, Croatia to enhance economic ties 05/21/2012
by Chinadaily.com.cnTopic: Economics
China and Croatia on Friday sought to enhance bilateral economic and trade cooperation in a bid to promote each other's national economic and social development, and to solidate relations between the two countries.

"Promoting economic cooperation and trade should be regarded as the top priority of the current development of the bilateral relationship," ...Read More
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