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Foreign Direct Investment in China Has Surged on Attractive Policies, Commerce Ministry Says

Foreign Direct Investment in China Has Surged on Attractive Policies, Commerce Ministry Says

Foreign direct investment has surged on the introduction of policies to attract investors to China this year, the Ministry of Commerce said today.

Dec 14, 2017
Xu Wei
Growth of China’s Industrial and Services Indexes Slowed Last Month as Mining Slumped

Growth of China’s Industrial and Services Indexes Slowed Last Month as Mining Slumped

The total added value of large Chinese industrial firms grew 6.1 percent annually last month, 0.1 point slower than October, per data that the National Bureau of Statistics released today.

Dec 14, 2017
Dou Shicong
South Korea’s GDP Drops as Spat With China Over THAAD Dampens Tourism, Exports

South Korea’s GDP Drops as Spat With China Over THAAD Dampens Tourism, Exports

A spat with China over an anti-ballistic missile defense system caused South Korea’s real gross domestic product to take a hit this year, Yonhap News Agency reported.

Dec 13, 2017
Xu Wei
China Contributed 30% to Global Economic Growth This Year, UN Says

China Contributed 30% to Global Economic Growth This Year, UN Says

China chipped in a third toward global economic growth this year, which grew 3 percent to hit a six-year high, state-owned news agency Xinhua quoted the United Nations as saying in an annual report.

Dec 12, 2017
Xu Wei
Chinese Wage Growth Drops to 6.5%, Lowest Rate Since 2010

Chinese Wage Growth Drops to 6.5%, Lowest Rate Since 2010

The average wage in Chinese companies rose 6.5 percent (excluding promotions) this year, marking the lowest rate of increase since…

Dec 12, 2017
Xu Wei
Chinese Shipbuilders Have Outdone South Korea in New Order Volume So Far This Year

Chinese Shipbuilders Have Outdone South Korea in New Order Volume So Far This Year

Chinese shipbuilders last month overtook South Korean rivals to become the top country for new orders this year, per data from UK-based intelligence provider Clarkson Research Services.

Dec 11, 2017
Dou Shicong
China’s Fiscal Revenue Dipped 1.4% Last Month Amid Decline in Land Tax

China’s Fiscal Revenue Dipped 1.4% Last Month Amid Decline in Land Tax

China’s fiscal revenue slipped 1.4 percent on the year to CNY1.14 trillion (USD173 billion) last month as non-tax incomes and…

Dec 11, 2017
Xu Wei
China’s First-Tier Cities Have Most Demand for AI Talent, Offering Them up to USD7,500 Per Month, Says Career Platform Zhaopin

China’s First-Tier Cities Have Most Demand for AI Talent, Offering Them up to USD7,500 Per Month, Says Career Platform Zhaopin

Demand for artificial intelligence (AI) talent has experienced explosive growth in China this year. China’s first-tier cities had the most…

Dec 11, 2017
Guo Jinhui
China’s Consumer Price Index and Producer Price Index Rates in November Beat Expectations, Easing Inflationary Pressure

China’s Consumer Price Index and Producer Price Index Rates in November Beat Expectations, Easing Inflationary Pressure

China’s annual consumer price index (CPI) and producer price index (PPI) both saw a drop last month, showed data released…

Dec 11, 2017
Xu Wei
China’s Economy Will Grow by About 6.5% Next Year Amid Increased Consumer Spending, Think Tank Economist Says

China’s Economy Will Grow by About 6.5% Next Year Amid Increased Consumer Spending, Think Tank Economist Says

China’s economy is expected to grow by about 6.5 percent in 2018 buoyed by increased consumer spending and business expansion,…

Dec 8, 2017
Xu Wei
China’s Forex Reserves Grow for 10th Straight Month to USD3.12 Trillion

China’s Forex Reserves Grow for 10th Straight Month to USD3.12 Trillion

China’s foreign exchange reserves had risen to 0.3 percent to USD3.12 trillion at the end of last month, marking 10…

Dec 8, 2017
Liao Shumin
China Matches Japan For Number of International Conferences Held Last Year, ICCA Says

China Matches Japan For Number of International Conferences Held Last Year, ICCA Says

China hosted 410 international conferences last year, an annual increase from 333 the year before, indicating the growing role the sector plays in the country’s tourism market.

Dec 6, 2017
Xu Wei

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