 |
 |
| Regional Economists Forecast China to Show Respectable Growth |
| China's economy is expected to be "the only market in the region still showing respectable growth, " according to Christopher Nailer, director of the Economist Conferences, forcast Tuesday in Hong Kong. |
|
| China's GDP Reaches 9,593.3 Billion Yuan |
| China's gross domestic product (GDP) of 2001 was 9,593.3 billion yuan, an increase of 7.3 percent over the previous year in constant terms, exceeding the targeted seven percent growth, according to official statistics released Thursday in Beijing. Despite the slow-down of the world economy in 2001, Chinese economy still kept sustained and healthy growth. |
|
| China's GDP Grows 7.3% in 2001, Foreign Trade Maintains Growth Momentum |
| China's total volume of imports and exports in 2001 reached 509.8 billion U.S. dollars, up 7.5 percent over the previous year, according to statistics released Thursday in Beijing. |
|
| China Sees Higher Cost in Development Than World Average |
| "If a thing can be done at the cost of one US dollar in the other parts of the world it will require US$ 1.25 to deal with it in China." This is the newest development cost published Monday by the Chinese Academy of Sciences in the "Report on China's strategy for sustainable development". And the higher cost is mainly due to the comparatively inferior resources and environment and the backwardness in economy as pointed out in the report. |
|
| Chinese Residents Confident of Nation's Future: Survey |
| The majority of residents from six major Chinese cities show confidence in the nation's economy, according to a recent national survey conducted by the China Economic Monitoring Center. |
|
| Private Economy Overrides State-Owned Economy in East China |
| This capital of east China's Zhejiang Province has reported a bigger share for the private economy in the past few years. |
|
| China's Economy will be World's Second-largest by 2030: Report |
| China's economy will grow on average by six percent a year for the next two decades, propelling it to become the second-largest in the world by 2030, a report by a leading investment bank said Friday. |
|
| Central Enterprises Earned Profit of 186.7 Billion Yuan Last Year |
| To keep up with the globalization of economy and face the challenges bought about by the entry into the WTO, China will speed up the pace in developing a number of large companies and groups, according to sources from the Working Conference of the Central Enterprises Working Committee. The central enterprises, as a backbone in the SOEs, played a key role in the development of national economy. |
|
| China's Three Economic Variables in 2002: Finance, Petroleum & Price Retrenchment |
| Monday's "Outlook Weekly" published a signed article by Chen Huai, deputy director with the Market Economy Institute under the Development and Research Center of the State Council, in which Chen elaborated three variables namely Finance, Petroleum & Price Retrenchment in China's economic development for this year that merit our attention. |
|
| China's Economy to Maintain Last Year's Growth Rate in 2002 |
| China's economic development this year can maintain the growth rate of last year, Zeng Peiyan, minister in charge of the State Development Planning Commission said Wednesday at a press conference. |
|
| Economists Divided on China's GDP Growth in 2002 |
| Economists are divided on their predictions for China's economic growth in 2002 as the slowdown in the global economy persists. |
|
| Statistics on China's Economy in Recent Five Years |
| Following are the statistics on China's economy in recent five years, announced by the China National Bureau of Statistics(NBS), including GDP Growth, Trade, Foreign Exchange Reserves, Direct Foreign Investment, Fixed Assets Investment, Retail Sales of Consumer Goods. |
|
| China Overtakes Italy as World's Sixth Biggest Economy |
| China has snatched the sixth place from Italy in the table of the world's top economic powers, the Bloomberg news agency reported on Monday. |
|
| Economy Grows 7.3% in 2001, Uphill Battle Still Ahead |
NBS announced Sunday evening in Beijing that China's GDP grew by 7.3 percent to reach 9.85 trillion yuan in 2001.
However, China's economy also faces uphill battle. As the world economy heads into its deepest downturn in two decades, the Chinese government is preparing to overcome bigger difficulties and sustain steady economic growth next year. |
|
| Yearend: China's Foreign Trade to Face Severe Challenges Next Year |
| The uncertain factors of the world economic environment are looming large. It has made China's foreign trade perspective more hazy. This year has witnessed the most difficult year after Asian financial crisis. Influences on China's imports and exports brought about by World economy recession even exceeded the Asian financial crisis. |
|
| China's Economy to Grow 7.4 Percent, GDP to Top US$1.15 Trillion This Year |
| China's national economy will grow by 7.4 per cent this year and the information industry secured its position as the nation's biggest economic sector with almost 30 per cent growth. The increase will be promoted by fixed assets investment and domestic consumption, while the role of foreign trade weakened due to the lower demands of the international market. |
|
| Chinese Premier on Economic Priorities in 2002 |
| Chinese Premier Zhu Rongji Thursday said China will continue its policy of expanding domestic demand next year. When quicken the pace of restructuring and overhauling the market economy, Chinese people is supposed to have a clear understanding of difficulties and potential problems facing China in 2002. |
|
| China to Continue Pursuing Proactive Fiscal Policy |
| China will continue to pursue a proactive fiscal policy next year, according to Finance Minister Xiang Huaicheng. This means the country will continue to issue special treasury bonds, as it did in the past four years, to fund infrastructural projects and generate demand to invigorate the economy, he said. However, Xiang added his ministry will guard against input into unnecessary projects. |
|
| Private Sectors Important to China's Economy |
China's top private business leader said Monday that private businesses play a vital role in the nation's economy and should shoulder the responsibility to help the country prosper.
Statistics show that more than 1.7 million fully private enterprises operate in China today, accounting for 1.1 trillion yuan (132 billion U.S. dollars) in investment and employing around 27 million people. |
|
| Analysis: China New Powerhouse for Asian Economy Growth |
| As Japan falls into recession, China has the potential to become a new powerhouse for the Asian economic growth in the coming two decades, benefiting all the nations in the region, economists said Monday in Hong Kong. |
|
| More News |
