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Economic growth is to be slow but steady 04/07/2011
by Chinaview.cnTopic: Economics
The growth of China's economy is set to moderate during the next two years as the expansion of investment and exports decelerates but there is "very little risk of a hard landing", the Asian Development Bank (ADB) said on Wednesday.

The Chinese economy is likely to expand by 9.6 percent this year and 9.2 percent in 2012, slower than the 10.3 percent gr ...Read More
China sets up database for orphan information to ensure welfare services 03/28/2011
by Chinaview.cnTopic: Statistics
China launched a database to compile nationwide information about orphans on Saturday, as the country aims to ensure welfare services, especially the timely payment of basic living expenses for orphans.

According to the Ministry of Civil Affairs, the database, which would contain information such as photos and identification details, could help compile precise stati ...Read More
Chinese GDP share of the world's total jumps to 9.5 pct: NBS 03/28/2011
by Chinaview.cnTopic: Statistics
China's gross domestic product (GDP) accounted for 9.5 percent of the world's total in 2010, nearly double the five percent in 2005, said the National Bureau of Statistics (NBS) on Thursday.

China's GDP ranked the second in the world in 2010, up from the fifth in 2005, the NBS said in a statement on its website.

The NBS also sa ...Read More
Chinese industrial firms' profits up 34.3% in first two months 03/28/2011
by Chinaview.cnTopic: Statistics
Profits for China's biggest industrial companies rose 34.3 percent year to year to reach 645.5 billion yuan (about 97.8 billion U.S. dollars) in the first two months this year, the National Bureau of Statistics (NBS) said Sunday.

The combined revenues of these industrial companies climbed 31 percent from last year to reach 10.7 trillion yuan in the January-Febru ...Read More
Freedom and responsibility meet online in China 03/07/2011
by Chinaview.cnTopic: Economics
It may seem unusual to find a monk who has microblogs in eight languages and updates them daily, but now is an unusual time and he is an unusual monk.

Master Xuecheng, deputy head of the Buddhist Association of China, created his first blog in 2006, followed by his first microblog in 2009. Later, he set up other Twitter-like accounts in seven other languages: Englis ...Read More
Chinese leaders call for preparing for hardships and risks 03/07/2011
by Chinaview.cnTopic: Economics
Chinese Premier Wen Jiabao and other senior leaders on Monday urged the nation to prepare for hardships and risks in the future and push forward reform and opening up.

When joining panel discussions respectively with national legislators and political advisors at the Two Sessions, China's top annual political events, they said that officials should further study ...Read More
China's rural per capita net income up 8.9% annually over past five years: NBS 03/07/2011
by Chinaview.cnTopic: Statistics
The per capita net income for China's rural residents maintained an 8.9-percent annual growth rate during the 2006-2010 period, or 12.7 percent before price factor adjustments, the National Bureau of Statistics (NBS) said Monday.

The figure was 3.6 percentage points higher than that of the country's 10th Five-Year Program period (2001-2005), the NBS said in ...Read More
Trips by road, ships top 2.64 bln as China' s busiest migration season ends 02/28/2011
by Chinaview.cnTopic: Economics
A total of 2.64 billion trips in China were recorded by road or ships during the 40-day Spring Festival transportation season which ended Sunday, the Ministry of Transport said.

The figure was 13.6 percent higher than the same period last year, noted ministry spokesman He Jianzhong.

To ensure smooth transportation, 840,000 buses were put i ...Read More
China calls for increased coordination on economic policy 02/22/2011
by Chinaview.cnTopic: Economics
At the G20 summit, Chinese Finance Minister, Xie Xuren, called for increased coordination in international economic policy, in order to defeat protectionism and promote international trade and investment.

Xie said all countries should cooperate in maintaining sustainable exchange rates and reserves, to reduce the risk of global inflation. He said China will continue ...Read More
China's monetary tightening good to S.Korea's bond market: Daewoo Securities 02/22/2011
by Chinaview.cnTopic: Economics
China's monetary tightening should be good for South Korea's bond market as it could weaken the country's exports to China, Daewoo Securities said Tuesday.

"China's tight monetary policy could weaken South Korea's economic growth because the country heavily relies on exports demand from China," Yoon Yeo-sam, a fixed-income analyst at Da ...Read More
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