BUSINESS >> Economy

Japan starts exporting Hokkaido's Yumepirika rice to Chinese market: media report

Japan is scheduled to start exporting rice produced in Hokkaido to China on Tuesday, Japanese news site reported.
Source: Global Times | 2018/10/9 20:38:39

Clean energy for North China

The liquid natural gas (LNG) carrier Pan Americas carrying 67,000 tons of LNG from Hong Kong, berths at the LNG terminal in North China's Tianjin on Monday. The LNG terminal belongs to China National Offshore Oil Corp (CNOOC), one of the world's top gas importers. More than six million tons of clean energy has been delivered to North China via the terminal since it started operation in 2013. Photo: IC
Source: IC | 2018/10/9 19:58:40

China set to become advanced manufacturing power

As China beefs up efforts to transform and upgrade its manufacturing industry toward a digitized and intelligence-based model, an open and cooperative business environment is essential, said experts and executives.
Source: Global Times | 2018/10/9 19:58:40

China GDP to grow 6.2% in 2019: IMF

China should roll out more fiscal and monetary policies to minimize the negative impact of the escalating trade war with the US on its domestic economy, experts said on Tuesday.
Source: Global Times | 2018/10/9 19:48:40

Facts & Figures: A glimpse of China's economy during "Golden Week"

China's week-long National Day holiday, which ended Sunday, has triggered a tourism and consumption boom, making it a "Golden Week" for both China and other countries.
Source: Xinhua | 2018/10/9 16:39:49

Mainland stocks rebound on Tuesday after previous-day sharp slump

The two bourses in Shanghai and Shenzhen rebounded slightly on Tuesday morning after a sharp decline the previous trading day, the worst post-National Day holiday stock performance in years in China.
Source: Global Times | 2018/10/9 14:43:39

Trade tensions threaten world economic activity: UN official

Global trade tensions may lead to a sharp slowdown in economic activity, UN Undersecretary-General for Economic and Social Affairs Liu Zhenmin warned on Monday.
Source: Xinhua | 2018/10/9 13:25:24

Two American economists share 2018 Nobel Prize in Economics

The 2018 Nobel Prize in Economics, or officially the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, was awarded Monday jointly to William Nordhaus and Paul Romer.
Source: Xinhua | 2018/10/9 9:37:59

China urges US to stop damaging its interests, calling for win-win cooperation

China on Monday urged the United States to immediately correct wrongdoings and stop actions damaging its rights and interests, calling on the two major countries to "follow the right path of win-win cooperation, rather than go astray toward conflict and confrontation."
Source: Xinhua | 2018/10/9 9:21:07

Impact of trade friction on Chinese economy controllable: official

China is capable of achieving the major economic targets for 2018 and the influence of China-US trade friction on the Chinese economy is controllable, Ning Jizhe, deputy head of China's National Development and Reform Commission, the country's economic planner, said on Monday.
Source: Global Times | 2018/10/8 23:18:40

Chinese tourism spending helps offset trade war effects: experts

Chinese people's ever-growing appetite for travel could help offset the downward pressure brought by the China-US trade war, experts said on Monday.
Source: Global Times | 2018/10/8 23:08:44

Malaysia to sell durians to Chinese market

Malaysian planters are looking forward to exporting fresh durians to China, durian plantation advisor Lim Chin Khee has said.
Source: Xinhua | 2018/10/8 22:23:39

US tariffs push China, Japan closer: experts

With the relationship between China and Japan warming up in recent months, the two Asian economies are now keen on building closer ties in new industries such as vehicles and batteries, which industry insiders said would give full play to the advantages of both and protect them against global uncertainty.
Source: Global Times | 2018/10/8 22:18:40

China to raise export rebate rate of some goods to 16% amid trade war

China's export rebate rate for some goods will be raised to 16 percent from the current levels of 15 percent and 13 percent effective November 1, China National Radio reported on Monday, citing a meeting of the State Council, the country's cabinet.
Source: Global Times | 2018/10/8 21:08:40

Unemployment in California city declines sharply thanks to BYD's auto factory

The unemployment rate of Lancaster, California has fallen from 24 percent to 4 percent since construction of a factory for Chinese electric vehicle maker BYD started there in 2013, said Lancaster Mayor R. Rex Parris Saturday.
Source: Global Times | 2018/10/8 21:08:39

Chinese services sector expands in September

China's services sector grew at its fastest clip in three months in September on improved demand, a private survey showed on Monday, though sentiment worsened as firms started shedding jobs following two years of expansion while rising cost pressures pointed to a squeeze on profit margins.
Source: Reuters-Global Times | 2018/10/8 18:33:40

China to adopt more proactive fiscal policy: finance minister

China's finance minister said the country will adopt a more proactive fiscal policy but will not resort to a deluge of strong stimulus policies.
Source: Xinhua-Global Times | 2018/10/8 18:33:39

China's RRR cut to help promote liquidity in the housing market

Chinese central bank's latest effort to cut the reserve requirement ratio (RRR) will help provide more liquidity in the property market, which is expected to maintain stable growth and advance the country's real economy, experts said on Monday.
Source: Global Times | 2018/10/8 18:28:40