Macro Economy

China Doesn’t Force Overseas Investors to Share Technologies, MOFCOM Spokesman Says

China Doesn’t Force Overseas Investors to Share Technologies, MOFCOM Spokesman Says

Foreign companies who set up joint ventures in China do it of their own choice, Gao Feng, spokesman for China’s commerce ministry, told journalists at a regular press briefing on Sept. 21.

Sep 22, 2017
Tang Shihua
China Has One of Lowest Homicide Rates in World, Top Domestic Security Chief Meng Jianzhu Says

China Has One of Lowest Homicide Rates in World, Top Domestic Security Chief Meng Jianzhu Says

China has one of the lowest homicide rates in the world and boasts a stable society, state-owned people.com.cn quoted the country's top domestic security official as saying yesterday.

Sep 21, 2017
Tang Shihua
China Designates Extensive ‘Permanent Basic Farmland’ to Ensure Food Security

China Designates Extensive ‘Permanent Basic Farmland’ to Ensure Food Security

China’s 2,887 county-level administrative districts have completed delineation of ‘permanent basic farmland’ totaling 1.033 million square kilometers. Farmland protection responsibilities…

Sep 20, 2017
Ye Kai
7.1-Magnitude Earthquake in Mexico Kills At Least 138, Causes Airport to Close

7.1-Magnitude Earthquake in Mexico Kills At Least 138, Causes Airport to Close

At least 138 people died in a 7.1-magnitude earthquake that hit Morelos in Mexico this week, state-run Xinhua news agency reported, citing Mexican civil defense department info.

Sep 20, 2017
Liao Shumin
China to Deliver 8,575 Passenger Planes Worth USD1.21 Trillion by 2036, COMAC Forecasts

China to Deliver 8,575 Passenger Planes Worth USD1.21 Trillion by 2036, COMAC Forecasts

China will deliver 8,575 passenger aircraft worth USD1.21 trillion over the next 20 years, according to a report released at…

Sep 20, 2017
Dou Shicong
Digital Economy Output in Zhejiang Province Was Over USD178 Billion Last Year

Digital Economy Output in Zhejiang Province Was Over USD178 Billion Last Year

Information technology helps transform traditional industry by increasing inventory and driving development of emerging industries, and has become a new…

Sep 19, 2017
Zhang Xia
Fujian Province’s Online Industry Earned USD9.2 Billion Last Year; Cyber Security Is Still an Issue

Fujian Province’s Online Industry Earned USD9.2 Billion Last Year; Cyber Security Is Still an Issue

The internet industry in China’s southeastern province of Fujian pulled in revenue of CNY59.7 billion (USD9.2 billion) last year, according…

Sep 19, 2017
Zhang Xia
China Ups US Debt Holdings in Sixth Monthly Increase

China Ups US Debt Holdings in Sixth Monthly Increase

China continued to increase its holdings of US treasuries in July and remained the largest foreign holder of US debt,…

Sep 19, 2017
Tang Shihua
China’s Sharing Economy Passed USD300 Billion Last Year, Employs 5.5% of Workforce, NRDC Says

China’s Sharing Economy Passed USD300 Billion Last Year, Employs 5.5% of Workforce, NRDC Says

The market scale of China’s sharing economy, including the car-sharing, education, entertainment and healthcare sectors, reached CNY2 trillion (USD307.7 billion)…

Sep 19, 2017
Zhang Xia
Beijing Government, SOEs Set Up USD3 Billion Technological Innovation Fund

Beijing Government, SOEs Set Up USD3 Billion Technological Innovation Fund

The Beijing Municipal Government is working with state-owned enterprises to establish a CNY20-billion (USD3-billion) fund to facilitate innovation in science…

Sep 19, 2017
Dong Xin
Six Chinese Cities Have Total Household Deposits Worth Over USD150 Billion

Six Chinese Cities Have Total Household Deposits Worth Over USD150 Billion

Some 17 cities in China had total household deposits worth over CNY500 billion (USD76.4 billion) last year, while in six cities the figure was over CNY1 trillion, data from 29 major cities shows.

Sep 18, 2017
Lin Xiaozhao
Shanghai Has the Fundamentals of an Outstanding Global City, Its Mayor Says

Shanghai Has the Fundamentals of an Outstanding Global City, Its Mayor Says

“Shanghai has the foundations to be an outstanding global city,” its mayor, Ying Yong, said Sept. 17 at the International Business Leaders’ Advisory Council for the Mayor of Shanghai.

Sep 18, 2017
Tang Shihua

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