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China's GDP Grew 6.9% Last Year to Nearly USD13 Trillion

China's GDP Grew 6.9% Last Year to Nearly USD13 Trillion

China's gross domestic product expanded 6.9 percent last year to CNY82.71 trillion (USD12.92 trillion), marking the first time it has…

Jan 18, 2018
Xu Wei
China’s Local Government Debt Remains Within Targeted Ceiling in 2017

China’s Local Government Debt Remains Within Targeted Ceiling in 2017

China’s local government debt had amounted to CNY16.47 trillion (USD2.55 trillion) by the end of 2017, which is below the limit set by the National People’s Congress, China’s legislature.

Jan 18, 2018
Xu Wei
China Curbs ‘Irrational Outbound Investment’ in Real Estate, Sports, Entertainment

China Curbs ‘Irrational Outbound Investment’ in Real Estate, Sports, Entertainment

Chinese investors made non-financial outbound direct investments worth USD120 billion in 6,236 companies in 174 countries and regions last year.…

Jan 17, 2018
Xu Wei
Nanjing Firm Gets Nod to Become First Financial Leasing Group on A-Share Market

Nanjing Firm Gets Nod to Become First Financial Leasing Group on A-Share Market

The China Securities Regulatory Commission said it has approved Jiangsu Financial Leasing Co.’s initial public offering application, and the firm…

Jan 17, 2018
Song Yikang & Yuan Ziyi
Policies Attracting Investments Push China’s FDI to New High

Policies Attracting Investments Push China’s FDI to New High

China took in a record-high amount of foreign direct investment last year following the introduction of policies that attracted FDI.

Jan 17, 2018
Xu Wei
China’s Non-Financial SOEs Post Highest Profits in Five Years

China’s Non-Financial SOEs Post Highest Profits in Five Years

With steady economic growth and improvement in various industries, China’s 98 non-financial state-owned enterprises under the direct administration of the…

Jan 17, 2018
Xu Wei
Shenzhen’s GDP Climbed Estimated 8.8% Last Year as Firms Spent on R&D

Shenzhen’s GDP Climbed Estimated 8.8% Last Year as Firms Spent on R&D

Shenzhen’s gross domestic product increased last year as companies put money into research and development in the southern Chinese city.

Jan 17, 2018
Wang Yufeng
Guangzhou Becomes China's Fourth City with GDP Exceeding CNY2 Trillion

Guangzhou Becomes China's Fourth City with GDP Exceeding CNY2 Trillion

China’s southern economic powerhouse of Guangzhou has become the country’s fourth city, after Beijing, Shanghai and Shenzhen, to boast a…

Jan 15, 2018
Lin Xiaozhao
Premier Says China’s Economy Grew at Faster-Than-Expected 6.9% Last Year

Premier Says China’s Economy Grew at Faster-Than-Expected 6.9% Last Year

Premier Says China’s Economy Grew at Faster-Than-Expected 6.9% Last Year. China’s economy expanded by about 6.9 percent last year, according…

Jan 11, 2018
Tang Shihua
China’s CPI Rises 1.8% in December on Increase in Non-Food Prices

China’s CPI Rises 1.8% in December on Increase in Non-Food Prices

China’s Consumer Price Index rose by 1.8 percent annually in December, driven by a fast increase in the prices of non-food items, the National Bureau of Statistics said in a press briefing today.

Jan 10, 2018
Xu Wei
China’s R&D Spending Topped Average of 15 EU Members Last Year at 2.15% of GDP

China’s R&D Spending Topped Average of 15 EU Members Last Year at 2.15% of GDP

China’s research and development spending climbed to 2.15 percent of gross domestic product last year, higher than the average for the first 15 countries that joined the European Union.

Jan 10, 2018
Xu Wei
Public Satisfaction With Shanghai’s Labor, Housing Policies Soars, Survey Shows

Public Satisfaction With Shanghai’s Labor, Housing Policies Soars, Survey Shows

The Shanghai University of Finance and Economics (SUFE) consumer confidence index nudged new highs in the fourth quarter of last year.

Jan 10, 2018
Chen Yikan

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