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China's e-commerce employees to reach 2.65 million 04/26/2012
by Chinadaily.com.cnTopic: e-commerce
The number of people employed in e-commerce in China will reach 2.65 million in 2012, a major tech and internet information provider predicted Thursday.
The figure represents a 24.3-percent year-on-year increase, according to statistics from Analysis International.
The booming e-commerce sector has become a major driver of the economy by bringing commercial value, as well ...Read More
The economics of disaster 01/17/2012
by Chinadaily.com.cnTopic: Economics
Despite all of the gloomy economic news nowadays, if we thought that things couldn’t get much worse, we had a grim reminder this month that no country is immune to the forces of nature and the havoc they wreak. Two years ago, on January 12, 2010, Haiti was struck by a devastating earthquake that killed more than 220,000 people and shattered the country’s prospects.

As strang ...Read More
Balancing growth and inflation 'a challenge' in 2012 01/17/2012
by Chinadaily.com.cnTopic: Economics
Despite positive results from recent efforts to curb prices, China still faces challenges in balancing inflationary pressure with stable growth, the country's top statistics official said on Monday in a published commentary.

"The basis for a smooth price level is not yet strong, and there are chances that prices may rebound," Ma Jiantang, head of the National Bureau of Sta ...Read More
China's 2011 GDP growth slows to 9.2% 01/17/2012
by Chinadaily.com.cnTopic: Economics
China's economy expanded by 9.2 percent in 2011 from a year earlier and 8.9 percent year-on-year in the fourth quarter, the National Bureau of Statistics (NBS) said Tuesday.

The quarterly growth was the slowest in 10 quarters. China set its  full-year growth target at 8 percent in early 2011 after its economy grew 10.4 percent in 2010.

China's 2011 GDP growth slo ...Read More
Unenlightening statistics 01/09/2012
by Chinadaily.com.cnTopic: Statistics
Ambitious as it is, the National Bureau of Statistics' (NBS) latest effort to gauge the country's progress in its attempt to build a well-off society in an all-round way, will meet little enthusiasm from either the public or policymakers.

In a report issued on Monday, the NBS declared that China was well on its way to building an all-round well-off society, as its fulfillment wa ...Read More
HKEx leads world in funds raised in 2011 01/09/2012
by People.com.cnTopic: Statistics
In 2011, companies raised over 258.9 billion Hong Kong dollars from initial public offerings on Hong Kong Stock Exchange, and 101 companies went public on the stock exchange, according to statistics recently released by HKEx.

The stock exchange witnessed nearly 488.2 billion Hong Kong dollars raised in 2011, including funds raised through IPOs and the issue of new shares. The figure sur ...Read More
China faces harsher export situation in 2012 01/09/2012
by Chinadaily.com.cnTopic: Statistics
China is facing an even more severe export situation featuring withered demand and harsher competition this year, Deputy Minister of Commerce Zhong Shan said Monday.

Zhong said other major exporters will continue providing strong competition for China, and some developing countries are capturing market share in labor-intensive industries as domestic labor costs rise in China.

...Read More
Businesses urged to use financial leasing 12/28/2011
by Chinadaily.com.cnTopic: Statistics
The ministry said in a statement that financial leasing companies will be encouraged to deepen cooperation with overseas construction companies for equipment leases and "positively participate" in infrastructure construction projects.

The statement said that China was also encouraging insurance companies to go abroad to support the financial leasing industry.

Financ ...Read More
RMB spot rate hits 17-year high 12/28/2011
by People.com.cnTopic: Statistics
The RMB spot exchange rate against the U.S. dollar hit a 17-year record high on Dec. 26, according to statistics from the China Foreign Exchange Trade System.

Statistics showed that the RMB rose 0.12 percent to 6.3290 per dollar at 10 a.m. on Dec. 26, reaching its strongest level since China unified the official and market exchange rates in 1994.

The RMB exchange rate had exp ...Read More
Emission indexes to be published 12/28/2011
by Chinadaily.com.cnTopic: Statistics
Indexes measuring greenhouse gas emissions and power consumption will be published on a pilot basis next year in the latest move to meet energy-saving targets and restructure the economy.

Wen Jianwu, director of the energy statistics department at the National Bureau of Statistics (NBS), said the bureau plans to periodically publish the indexes.

A statistics-based evaluation ...Read More
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