Macro Economy

China Finds Large Rare Earth-Rich Deposits in Southeast Pacific

China Finds Large Rare Earth-Rich Deposits in Southeast Pacific

A Chinese scientific expedition has discovered a large patch of rare earth-rich deposits in the southeastern Pacific Ocean with a…

Apr 2, 2018
Dou Shicong
Alibaba-Hometown Hangzhou Led China’s Cities in Budget Revenue Growth Last Year

Alibaba-Hometown Hangzhou Led China’s Cities in Budget Revenue Growth Last Year

Alibaba-Hometown Hangzhou Led China’s Cities in Budget Revenue Growth Last Year

Mar 29, 2018
Lin Xiaozhao
China’s Savings Outstrip Debt by 1 1/2 Times, Senior Government Advisor Says

China’s Savings Outstrip Debt by 1 1/2 Times, Senior Government Advisor Says

China’s sovereign wealth amounted to almost CNY102 trillion (USD14.6 trillion) at the end of last year, and the country has…

Mar 26, 2018
Xu Wei
China Will Stay Open, Vice Premier Says

China Will Stay Open, Vice Premier Says

China will stick to its openness policy, stressed the country’s Vice Premier Han Zheng, who is also a member of the Politburo Standing Committee.

Mar 26, 2018
Tang Shihua
China’s Financial Sector to Balance Opening-Up With Regulation, New Central Bank Governor Says

China’s Financial Sector to Balance Opening-Up With Regulation, New Central Bank Governor Says

China’s Financial Sector to Balance Opening-Up With Regulation, New Central Bank Governor Says. Yi Gang. China’s central bank will…

Mar 26, 2018
Liao Shumin & Song Yikang
China’s Development Agency Will Curb New Urban Rail Car Capacity

China’s Development Agency Will Curb New Urban Rail Car Capacity

China’s National Development and Reform Commission (NDRC) has issued guidelines that stiffen the rules for investing in urban rail…

Mar 20, 2018
Liao Shumin
Chinese Wafer Maker Starts Building USD253 Million Plant to Tackle Foreign Monopoly

Chinese Wafer Maker Starts Building USD253 Million Plant to Tackle Foreign Monopoly

Ningxia Yinhe Semiconductor Technology Co. has officially begun construction of its CNY1.6-billion (USD253-million) silicon wafer factory in northwestern China as…

Mar 20, 2018
Dou Shicong
China's National Legislature Holds Closing Meeting

China's National Legislature Holds Closing Meeting

The first session of the 13th National People's Congress (NPC) held its closing meeting Tuesday morning.

Mar 20, 2018
Yicai Global
Newly-elected President Xi Steers China Toward Prosperity

Newly-elected President Xi Steers China Toward Prosperity

As ceremonial music echoed throughout the Great Hall of the People, Xi Jinping took his place on the podium.

Mar 19, 2018
Yicai Global
China's New Cabinet Members Endorsed

China's New Cabinet Members Endorsed

The new lineup of China's State Council, nominated by Premier Li Keqiang, was endorsed by lawmakers at the ongoing national legislative session in Beijing on Monday.

Mar 19, 2018
Yicai Global
China Pares USD16.7 Billion in US Debt in January to Hit Six-Month Low

China Pares USD16.7 Billion in US Debt in January to Hit Six-Month Low

China’s holdings of US Treasury bonds fell by USD17 billion to USD1.17 trillion, the third cut in six months, to hit a new low since July…

Mar 16, 2018
Liao Shumin
China’s Actual Use of Foreign Investment Gained 0.5% to USD22 Billion in First Two Months

China’s Actual Use of Foreign Investment Gained 0.5% to USD22 Billion in First Two Months

China’s actual use of foreign investment edged up 0.5 percent on the year from January through February while the number…

Mar 16, 2018
Tang Shihua

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