BUSINESS >> Economy

China, Canada devoted to advancing FTA talks: MOFCOM

The Chinese government will continue to make joint efforts with Canada to advance the construction of a China-Canada free trade zone, with officials trying to create conditions for starting talks as soon as possible, a Chinese trade official told the Global Times on Thursday.
Source: Global Times | 2017/12/7 14:08:39

The US' rejection of China's market economy status puts domestic law above international rules: MOFCOM

China has appealed the US' adoption of the “analogue country method” in anti-dumping practices to the WTO and expects all WTO members to fulfill relative international obligations as stipulated in Article 15 on China's WTO membership, a Chinese official said Thursday.
Source: Global Times | 2017/12/7 14:03:39

IMF says China could further improve financial stability

The International Monetary Fund (IMF) on Wednesday welcomed China's efforts to contain financial risks and suggested that China could take further measures to improve financial stability.
Source: Xinhua | 2017/12/7 11:05:37

Internet spending to reach $907b

An official with the Ministry of Industry and Information Technology (MIIT) said on Wednesday that the country's Internet economy is becoming a major economic growth driver, with consumption in the sector expected to reach 6 trillion yuan ($907 billion) by 2020.
Source: Agencies | 2017/12/6 21:43:40

China, Ukraine sign slew of agreements related to B&R

China and Ukraine on Tuesday signed an action plan on jointly building the Silk Road Economic Belt and the 21st-Century Maritime Silk Road and agreed to deepen all-round collaboration to strengthen their strategic partnership at the third session of the China-Ukraine Intergovernmental Commission on bilateral cooperation in Kiev, capital of Ukraine.
Source: Xinhua-Global Times | 2017/12/6 21:43:40

Horgos sees rapid rise in investment: report

Investment in Horgos, Northwest China's Xinjiang Uyghur Autonomous Region is increasing fast, with over 35 firms registering in the border city on a daily basis this year, domestic news site reported on Wednesday.
Source: Global Times | 2017/12/6 21:43:39

Guidelines issued to regulate specialty towns

Top central government bodies issued guidelines on Tuesday to regulate the development of "specialty towns" that have sprung up across the country, warning that the projects risk intensifying local government debt risks.
Source: Reuters-Global Times | 2017/12/6 21:38:39

Chinese consumers think THAAD hurts image of S.Korean goods: KITA survey

Most Chinese consumers think the deployment of the Terminal High Altitude Area Defense (THAAD) system has damaged the image of South Korean products, according to a survey conducted in South Korea, the Chinese version of Yonhap News Agency reported on Wednesday.
Source: Global Times | 2017/12/6 21:33:39

Figuratively Speaking

52b yuan Total value of one-year and 10-year bonds issued by the Ministry of Finance on Wednesday.
Source: Global Times | 2017/12/6 21:28:39

China to create more opportunities for the world: Xi

Chinese President Xi Jinping said Wednesday that the country will create more opportunities and make a greater contribution for the world.
Source: Xinhua | 2017/12/6 13:06:06

Figuratively Speaking

605 IPOs approved in the past 22 months, 82 percent of which were from the high-technology sector, the China Securities Regulatory Commission said on Tuesday.
Source: Global Times | 2017/12/5 22:03:39

Services see faster growth in Nov: survey

Growth in China's services sector activity picked up to a three-month high in November, buoyed by a solid rise in new business, though the rate of expansion remained moderate and weaker than the long-term trend, a private survey showed on Tuesday.
Source: Reuters-Global Times | 2017/12/5 21:53:40

Coal cities get $310m ADB loan

Four cities in Northeast China have secured a loan of $310 million from the Asian Development Bank (ADB) to revitalize their economies, the bank said on Tuesday, two years after mass layoffs at local coal mines.
Source: Reuters-Global Times | 2017/12/5 21:48:40

US tech giants praise China’s tech innovation

US tech giants praised China’s tech innovation at the World Internet Conference (WIC) on Tuesday. This innovation has become a major driving force for the country's information technology revolution, business representatives said during the event.
Source: Global Times | 2017/12/5 11:58:39

British manufacturing "standout" sector of economy, defying Brexit gloom: expert

British manufacturing is defying forecasters' downgrades of overall economic growth and shrugging off the uncertainty around Brexit to be the "standout" sector of the economy, an expert said on Monday.
Source: Xinhua | 2017/12/5 8:41:49

China could become world's largest importer within five years: report

China is expected to overtake the United States to become the world's largest importer within five years, a leading Chinese investment firm said Monday.
Source: Xinhua | 2017/12/4 22:44:26

No big effect from US tax cut

The US government's recent tax cut is unlikely to discourage US companies from investing in China, and nor will Chinese companies pour investment into the US just because of tax changes, the president of the American Chamber of Commerce in Shanghai (AmCham Shanghai) told the Global Times on Monday, while Chinese experts noted that the yuan might face downward pressure as a result.
Source: Global Times | 2017/12/4 21:43:33

Figuratively Speaking

300b yuan Investment attracted by 19 centrally administered State-owned enterprises following mixed-ownership reforms, the Shanghai Securities News reported Monday.
Source: Global Times | 2017/12/4 21:38:41