Wednesday, April 23, 2014
BIZ >> Economy
March PMI gives hope of turnaround
Source: Global Times Published: April 24, 2014 00:43
China’s manufacturing activity contracted for the fourth consecutive month in April, but at a slower pace, a preliminary survey showed on Monday. This added momentum to a possible turnaround in the world’s second-largest economy since February.
Eastern provinces to push restructuring
Source: Global Times Published: April 23, 2014 23:43
Eastern provinces will play a crucial role in the country’s economic restructuring in the 13th Five-Year Plan (2016-20), an official at China’s top economic planner said Wednesday.
Source: Global Times Published: April 23, 2014 23:33
China will open 80 infrastructure projects to private investment, according to a State Council meeting held Wednesday.
Source: Global Times Published: April 23, 2014 23:33
The profits of China’s centrally administered State-owned enterprises (SOEs) totaled 310.7 billion yuan ($49.7 billion) in the first quarter of 2014, up 3.4 percent year-on-year, the State-owned Assets Supervision and Administration Commission (SASAC) said Wednesday.
Source: Agencies Published: April 23, 2014 23:33
China will raise its natural gas supply to as much as 420 ­billion cubic meters per year by 2020 amid rising demand due to urbanization, a government statement said on Wednesday.
Source: Reuters-Global Times Published: April 23, 2014 23:28
Assets managed by Chinese trust companies grew at a slower pace in the first quarter of 2014 from the previous quarter, data from an industry association showed on Wednesday, reflecting a slowdown in the broader economy.
Source: Xinhua Published: April 23, 2014 21:58
China's State Council, the Cabinet, announced on Wednesday that the country will reduce the government's power in terms of administrative approvals for companies' investment projects.
Source: Xinhua Published: April 23, 2014 21:48
The profits of China's centrally administered SOEs grew by 3.4 percent in the first quarter of 2014 to reach 310.7 billion yuan ($50.1 billion), official data showed on Wednesday.
Source: Xinhua Published: April 23, 2014 20:00
Assets entrusted to the 68 Chinese trust management firms hit 11.73 trillion yuan ($1.92 trillion) at the end of March, up 7.52 percent from the beginning of the year, said the Chinese Trustee Association (CTA) on Wednesday.
Source: Xinhua Published: April 23, 2014 19:51
China will not roll out short-term economic stimulus measures because of an economic slowdown, the country's top economic planning body said on Wednesday.
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