BUSINESS >> Economy

China's PPI up 3.7 pct in February

China's producer price index (PPI), which measures costs for goods at the factory gate, rose 3.7 percent year on year in February, the National Bureau of Statistics said Friday.
Source: Xinhua | 2018/3/9 14:30:22

China not in hurry to develop digital currency: central bank governor

China is in no hurry in developing a digital currency, Zhou Xiaochuan, the country's central bank governor, said here Friday.
Source: Xinhua | 2018/3/9 14:06:34

China's forex reserves to keep basically stable: central bank

Economic fundamentals and a stable yuan will keep China's foreign exchange reserves basically stable, a central bank official said.
Source: Xinhua | 2018/3/9 14:05:08

China's financial risks in property market under control: central bank

Financial risks in China's property market is controllable as the country has taken a string of prudential regulation policies, a central bank official said Friday.
Source: Xinhua | 2018/3/9 14:04:30

China will take effective measure to protect its legitimate rights and interests: MOFCOM

China will take effective measures to firmly safeguard its legitimate rights and interests, on the basis of evaluating China's loss brought about by the US move, a Chinese Ministry of Commerce official said on Friday, responding to the US move to impose tariffs on steel and aluminum imports.
Source: Global Times | 2018/3/9 13:16:39

China to be bolder in opening up financial sector: central bank governor

China will be bolder in the opening up of its financial sector, Zhou Xiaochuan, the country's central bank governor, said here Friday.
Source: Xinhua | 2018/3/9 11:27:31

China likely to reduce reliance on wide capital support for growth: central bank governor

China is likely to reduce reliance on wide capital support for economic growth as the country seeks high-quality development, China's central bank governor said Friday.
Source: Xinhua | 2018/3/9 11:03:17

China's CPI up 2.9 pct in February

China's consumer price index (CPI), a main gauge of inflation, rose 2.9 percent year on year in February, up from 1.5 percent for January, data from the National Bureau of Statistics showed Friday.
Source: Xinhua | 2018/3/9 11:01:44

CISA firmly opposes the US tariff on steel imports

China Iron and Steel Association (CISA) said on Friday that it firmly opposes the US' decision to impose tariffs reaching toward 25 percent on steel imports, in response to the US President Donald Trump's proclamations.
Source: Global Times | 2018/3/9 9:26:37

Profits gain as local SOEs deepen reform

Li Qiuxi remains chairperson of a provincial state-owned enterprise (SOE), thanks to the fulfillment of the annual revenue and profit growth targets set in a letter of responsibility last year.
Source: Xinhua | 2018/3/9 8:49:03


“We support strict supervision and regulation by the regulatory agencies. Only in this way can we create a fair, just, stable and orderly market.” Hu Xiaolian A member of the 13th National Committee of the Chinese People's Political Consultative Conference and chairwoman of Export-Import Bank of China
Source: Global Times | 2018/3/8 22:28:40

Business-govt relations getting better: NPC deputies

Several deputies to the ongoing 13th National People's Congress have hailed the progress in forming close but transparent government-business relations in China, thanks to the unprecedented anti-corruption campaign in the past few years.
Source: Global Times | 2018/3/8 22:28:40

Chinese women bolster GDP

Chinese women's desire for independence and their sound educational status is making them active and important participants in the workplace in China.
Source: Global Times | 2018/3/8 22:23:40

Pakistan's Gwadar Port sees first container vessel, a milestone for Belt and Road initiative

The Gwadar Port in Pakistan, a key project under the China-Pakistan Economic Corridor, has become operational for container vessels, as it welcomed its first such ship on Wednesday local time, a milestone for the China-proposed Belt and Road initiative.
Source: Global Times | 2018/3/8 22:18:39

Nation leads global list of self-made women billionaires

China led the list of global self-made women billionaires in US dollar terms this year with 64 women, representing 63 percent of the total number around the world, according to a report research firm Hurun Report sent to the Global Times on Thursday to mark International Women's Day.
Source: Global Times | 2018/3/8 21:28:40

Recovery in global markets lifts China's exports in Feb: customs

China's exports of goods grew 36.2 percent year-on-year to 1.11 trillion yuan ($176 billion) in February, compared with a rise of 6 percent the month earlier, data from the General Administration of Customs showed on Thursday.
Source: Agencies-Global Times | 2018/3/8 21:28:39

CNPC stake in fuel firm

China's CNPC said on Thursday that its international unit, PetroChina International Co, has agreed to buy a 30 percent stake in Brazilian oil products trader TT Work, as it pushes to expand abroad.
Source: Reuters-Global Times | 2018/3/8 21:13:40

Chinese women rank No.1 worldwide in their contribution to domestic GDP

Chinese women's aspiration for independence and realization of self-value, together with their sound educational status and emotional intelligence, makes them active and pivotal participants in the workplace.
Source: Global Times | 2018/3/8 16:13:40