As the world economy shows positive signs of recovery, Guangdong Province, an export hub in south China, is also stepping out of the shadow of the global financial crisis, with insiders and experts still warning of uncertainties.
"As long as China develops and perfects the package, there is no need to turn to a second round," Yao Jingyuan said.
As the world economy shows positive signs of recovery, Guangdong Province, an export hub in south China, is also stepping out of the shadow of the global financial crisis, with insiders and experts still warning of uncertainties.
China's homegrown private equity industry could grow to 10 times its current size in the next few years as domestic firms fund SMEs, allowing China's PE firms to better compete in a market long-dominated by global giants, industry executives said on Wednesday.
The Hang Seng China Enterprises Index on the Hong Kong Stock Exchange rose 211.94 points, or 1.66 percent, to close Friday's trading at 13,017.20.
PMI of China's manufacturing sector rose to 55.2 percent in October, up 0.9 percentage points from the previous month.
The long-awaited Disney theme park project in Shanghai finally became a done deal on November 4, 2009.
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| Currencies | Buying Rate | Middle Rate |
|---|---|---|
| USD | 681.38 | 682.76 |
| EUR | 1011.66 | 1015.37 |
| GBP | 1129.27 | 1132.02 |
| JPY | 7.5119 | 7.526 |
| HKD | 87.92 | 88.1 |
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