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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
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
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