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China’s Central SOE Assets Total Close to USD9 Trillion at End of 2017

China’s Central SOE Assets Total Close to USD9 Trillion at End of 2017

Assets of China’s state-owned enterprises under the direct administration of the central government reached close to USD9 trillion at the end of…

Feb 22, 2018
Xu Wei
China’s Total Value of Goods Shipped Expected to Grow 6.5% This Year, Industry Body Says

China’s Total Value of Goods Shipped Expected to Grow 6.5% This Year, Industry Body Says

The total value of goods shipped from suppliers to buyers in China will grow 6.5 percent this year to USD42.6…

Feb 14, 2018
Xu Wei
Belt and Road Spending Drives Chinese Outbound Investment Higher for a Third Month

Belt and Road Spending Drives Chinese Outbound Investment Higher for a Third Month

China’s non-financial outbound direct investment rose for a third consecutive month in January, jumping nearly 40 percent from a year…

Feb 14, 2018
Xu Wei
China Spent 2.12% of GDP on R&D Last Year as Economy Shifts Focus to Local Tech

China Spent 2.12% of GDP on R&D Last Year as Economy Shifts Focus to Local Tech

China’s spending on research and development last year was the equivalent of 2.12 percent of gross domestic product as the country realigns its economy to focus more on home-grown technology.

Feb 14, 2018
Dou Shicong
China’s Broad Money Supply Growth in January Beat Market Expectations

China’s Broad Money Supply Growth in January Beat Market Expectations

China’s broad money supply (M2) and lending growth surpassed market expectations for last month, though expansion in social financing, a…

Feb 13, 2018
Xu Wei
China’s Current Account, Non-Reserve Account Saw Surplus Last Year, SAFE Says

China’s Current Account, Non-Reserve Account Saw Surplus Last Year, SAFE Says

Both China’s current account and non-reserve financial account saw surpluses with the increase of reserve assets, preliminary data for China’s…

Feb 9, 2018
Xu Wei
Consumer Goods Sales Will Top USD635 Million in China This Year, Its Trade Body Says

Consumer Goods Sales Will Top USD635 Million in China This Year, Its Trade Body Says

China’s overseas business development department believes retail sales of consumer goods in the country will rise 10 percent to surpass CNY40 trillion (USD635 million) this year.

Feb 6, 2018
Xu Wei
South Korea Retains Trade Surplus But China Tourism Boycott Flogs Services Sector

South Korea Retains Trade Surplus But China Tourism Boycott Flogs Services Sector

South Korea maintained a current account surplus for the 20th straight year in 2017, but plummeting tourism from China saw…

Feb 5, 2018
Xu Wei
China’s Service Sector Expands at Fastest Pace in Almost Six Years in January

China’s Service Sector Expands at Fastest Pace in Almost Six Years in January

China’s service sector grew at its quickest rate in nearly six years last month on the back of a jump in…

Feb 5, 2018
Dou Shicong
China’s Tax Revenue Improves in a Sign of Enhanced Correlation Between Taxation and Growth

China’s Tax Revenue Improves in a Sign of Enhanced Correlation Between Taxation and Growth

China’s taxation authorities last year collected a total of CNY12.6 trillion (USD2 trillion) tax revenue, up by 8.7 percent year-on-year,…

Feb 1, 2018
Tang Shihua
BAT Leads Way as Value of China’s Listed Tech Firms Nears USD9 Trillion

BAT Leads Way as Value of China’s Listed Tech Firms Nears USD9 Trillion

China’s 102 listed tech firms had a combined market cap of almost CNY9 trillion (USD1.4 trillion) as of the end of last year, with the top three companies hogging the bulk of the figure.

Feb 1, 2018
Liao Shumin
No Change to China's Official PMI as Manufacturing PMI Tops 50 for 18 Months

No Change to China's Official PMI as Manufacturing PMI Tops 50 for 18 Months

China's composite purchasing managers index (PMI), which combines the manufacturing and non-manufacturing sectors to indicate the overall conditions of the…

Jan 31, 2018
Xu Wei

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