BUSINESS >> Economy

Policies necessary to guide clean energy investment

Renewable energy technologies have matured with costs declining significantly, but national policies are still necessary in directing investment and ensuring the full use of clean energy in China, experts and senior corporate executives said Tuesday at a panel of the annual Summer Davos in Dalian, Northeast China’s Liaoning Province.
Source: Global Times | 2017/6/27 20:38:39

Industrial profit growth accelerates in May

Profits at China’s industrial companies surged 16.7 percent year-on-year in May, surpassing the 14 percent growth in April and confounding expectations of a slowdown amid higher borrowing costs and a cooling property market, the National Bureau of Statistics (NBS) said Tuesday.
Source: Reuters-Global Times | 2017/6/27 20:33:39

Countries must safeguard economic globalization for inclusive growth: Premier Li

Countries must safeguard economic globalization to achieve inclusive growth, Chinese Premier Li Keqiang said Tuesday.
Source: Xinhua | 2017/6/27 14:05:48

Chinese premier lauds progress in mass entrepreneurship, innovation

Premier Li Keqiang said Tuesday the country has achieved better-than-expected results in its efforts to drive mass entrepreneurship and innovation.
Source: Xinhua | 2017/6/27 13:17:05

China fully capable of delivering 2017 growth goals: premier

Chinese Premier Li Keqiang said on Tuesday China is fully capable of delivering major growth targets of this year, thanks to steady economic transition.
Source: Xinhua | 2017/6/27 13:16:33

China to further open up its economy to foreign investors: premier

China will further expand market access in the service and manufacturing sectors, relax restrictions on foreign ownership, and treat Chinese and foreign companies on an equal basis, Premier Li Keqiang said Tuesday.
Source: Xinhua | 2017/6/27 13:16:01

Chinese state firms' profits grow faster

Profit growth at China's state-owned enterprises (SOE) quickened in the first five months of the year as the national economy continued to improve, official data showed.
Source: Xinhua | 2017/6/27 8:49:41

China's growth "incredible contribution" to world: WEF founder

Klaus Schwab, founder and executive chairman of the World Economic Forum (WEF), on Monday applauded China's role in driving global economic growth and its commitment to globalization.
Source: Xinhua | 2017/6/27 8:33:30

China sets up pilot zones to boost green finance

China announced plans on Monday to set up pilot zones for green finance, supporting its industrial upgrades and anti-pollution campaign.
Source: Xinhua | 2017/6/27 8:32:33

China's demand for oil, natural gas to remain robust: report

China is expected to post steady demand for oil and natural gas in the near future despite a slowdown in global consumption, a report showed Monday.
Source: Xinhua | 2017/6/27 8:31:41

China to publicize foreign investor information

China will establish a platform for publicizing foreign investors' information to improve services, said the Ministry of Commerce in a statement on Monday.
Source: Xinhua | 2017/6/27 8:12:26

World confident of China's economy as reforms boost appeal

For all the uncertainties it faces, China's economy is viewed with confidence as reforms generate investment opportunities in its financial market and currency.
Source: Xinhua | 2017/6/26 23:38:40

Figuratively Speaking

12t yuan Outstanding debts of China’s central government as of March 31, 2017.
Source: Global Times | 2017/6/26 23:18:39

Initial results achieved in deleveraging: PBC official

Efforts to slow down the growth of China’s leverage ratio have achieved “initial results,” reflecting a commitment to carrying out financial reform, the Xinhua News Agency quoted a government official as saying on Monday.
Source: Global Times | 2017/6/26 22:28:39

Xi urges coordinated efforts to deepen overall reform

Chinese President Xi Jinping on Monday called for more coordinated efforts to carry out reforms and review all existing major reform programs, the Xinhua News Agency reported.
Source: Xinhua-Global Times | 2017/6/26 22:23:39

Global governance gets new insights from B&R initiative

Experts said that the China-proposed “Belt and Road” (B&R) initiative is providing new insights for global economic governance.
Source: Global Times | 2017/6/26 22:23:39

Senior political advisors urged to make efforts for supply-side reform

Senior Chinese political advisors have been called on to contribute their wisdom to deepening supply-side structural reform and promoting healthy and stable development of the economy.
Source: Xinhua | 2017/6/26 15:17:28

Figuratively Speaking

2.96b yuan Foreign trade volume for Southwest China’s Tibet Autonomous Region in the first five months of 2017.
Source: Global Times | 2017/6/25 23:18:40