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Beijing to continue housing restrictions 12/19/2011
by People.com.cnTopic: Statistics
Beijing will continue restrictions on home purchases next year, an official from the Beijing Municipal Commission of Housing and Urban-Rural Development said at a press conference held by the municipal government's information office on Dec. 16.

According to statistics from the commission, new home prices in Beijing have dropped over 5 percent so far in 2011 from a year earlier now ...Read More
Economic, social stability key to China's development 12/19/2011
by Chinaview.cnTopic: Statistics
Stability is still the key word at China's annual Central Economic Work Conference that closed in Beijing to set tone for the country's 2012 economic and social development.

According to a statement issued after the conference, "making progress while maintaining stability" will be the main theme next year, as China will ensure the exchange rate of the yuan RMB basicall ...Read More
Lighting without polluting 12/19/2011
by Chinadaily.com.cnTopic: Statistics
China has decided to phase out and completely ban incandescent light bulbs before 2016.

Replacing incandescent bulbs with energy saving ones is an inexorable global trend, as they save energy and reduce greenhouse gas emission. Statistics show incandescent bulbs accounted for 30 percent of light bulb sales in China last year and that power for lighting accounted for 12 percent of the co ...Read More
Home prices fall further in Nov 12/19/2011
by People.com.cnTopic: Statistics
New home prices in major Chinese cities further fell in November with more cities witnessing price drops, the official statistics showed yesterday, a sign that government measures to cool the property sector are beginning to take effect.

Among 70 cities covered in a government survey, 49 cities saw a month-on-month drop, 15 more than in October, the National Bureau of Statistics (NBS) a ...Read More
Chinese economy slows down, but remains steady 12/05/2011
by People.com.cnTopic: Statistics
China's Purchasing Managers' Index (PMI), a main gauge of manufacturing activity, dropped to 49 percent in November, falling below 50 percent for the first time since March 2009, according to statistics released on Dec. 1.

The decline indicates a further slowdown in China's economic growth. Industry insiders believe that the pace of the economic slowdown will remain steady, ...Read More
November inflation to ease in China, more RRR cuts eyed 12/05/2011
by Chinadaily.com.cnTopic: Statistics
China's central bank on Monday began implementing a new reserve requirement ratio (RRR) for banks, allowing the country's lenders to keep fewer deposits in reserve to shore up the slowing economy.

Easing inflation encouraged China's policy-makers to shift the policy focus from price control to stabilizing economic growth due to slack external demand amid the staggering recov ...Read More
Better job statistics needed 12/05/2011
by Chinadaily.com.cnTopic: Statistics
The Ministry of Education released a notice on Nov 21, indicating that if the employment rate for graduates of a particular discipline is lower than 60 percent for two consecutive years, fewer students will be admitted to the course, and if the employment rate continues to fall, then the course will be abolished.

So the future looks bleak for those courses such as philosophy and social ...Read More
Chinese leaders call for trade liberalization to address global financial problems 11/24/2011
by Chinaview.cnTopic: Economics
While attending three important international and regional conferences this month, Chinese leaders have put forward sweeping initiatives, including calls for further trade liberalization, to promote global trade and strong economic growth.

The intensive diplomatic activities were carried out against the backdrop of a turbulent global financial market and more practices of trade and inve ...Read More
China's economy faces downside risks 11/24/2011
by Chinadaily.com.cnTopic: Economics
The People's Bank of China (PBoC) is likely to implement more "fine-tuning" measures in the coming months to shore up economic activities as the country's economy is facing downside risks.

The HSBC flash PMI slipped back to below the 50 threshold again, falling to 48 in November, after rebounding to 51 in October from 49.9 in September. While a below-50 reading in the ...Read More
Chinese experts call for legislation to eliminate domestic violence against women 11/24/2011
by Chinaview.cnTopic: Economics
Chinese experts have called for special laws on domestic violence to better protect women ahead of this year's International Day for the Elimination of Violence against Women, which falls on Friday.

Sun Yuanming, a researcher at the Chongqing Municipal Academy of Social Science, said current Chinese laws are "rather powerless" in protecting women from domestic abuse, as th ...Read More
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