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Home >> Business
UPDATED: 16:12, December 30, 2005
Top ten Chinese economic news stories in 2005
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The 10 pieces of most highlighted Chinese economic news in 2005 have been unveiled on Dec. 29 in Beijing. The evaluation and selection was sponsored by the Economic Information Daily and China Mobile and selected by editors-in-chief of 17 Beijing-based media, including People's Daily, as well as well-known Chinese economists.

The top ten, sequenced chronologically, are:

1 The government imposes a series of measures to cool down the overheating real estate sector.

2 The reform on split share holding structure is launched.

3 Bird flu cases take place in 11 provinces and regions.

4 A managed floating exchange rate regime is carried out for the Chinese currency RMB.

5 Government officials are banned from holding stakes in coalmine businesses.

6 Proposal is put forward for the blueprint of the 11th Five-Year Plan adopted by the Fifth Plenary Session of the 16th Central Committee of the Communist Party of China.

7 Disputes over the Sino-US and Sino-EU textile trade are settled through talks.

8 The Songhua River suffers from a serious water pollution incident.

9 China's GDP data is revised after the first national economic census is concluded.

10 Farmers are freed from agricultural taxes and the threshold of taxable personal income is raised.

By People's Daily Online


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