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Date:2012/01/11
China will continue to boost the development of the country's less-developed western and northeastern regions, according to a statement released after an executive meeting of the State Council Monday.
The meeting, presided over by Premier Wen J...
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Date:2012/01/12
China's cross-border trade settlement in yuan under current accounts hit 2.58 trillion yuan ($408 billion) by the end of 2011 since China launched the pilot program in July 2009, official figures showed on Wednesday.
By the end of 2011, China h...
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Date:2012/01/11
China will set up an integrated system to control national energy use during the 12th Five-Year-Plan (2011-2015), a senior official said on Tuesday.
There has been some progress at the provincial level, and the central government will focus mo...
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Date:2012/01/11
More government support is to be given to small and medium-sized enterprises (SMEs) in Southeast China's Suzhou city of Jiangsu province as the businesses are set to to face increasing difficulties this year.
The measures will include tax exemp...
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Date:2012/01/09
According to the data released by MOFCOM, the domestic raw price decreased by 0.2% last week as compared to prior week. Looking at the price in detail, the prices for bituminous coal slipped by 0.5% week over week but for brown coal and anthracite co...
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Date:2012/01/10
Most Chinese businesses will face the toughest time this year since 2000, according to a research unit affiliated with the State Council, or cabinet.
Global demand is expected to keep declining, adding to the woes of many manufacturers t...
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Date:2012/01/06
China's stock index futures opened lower on Friday with the contract for settlement in January 2012, the most actively traded, opening 5 points lower at 2,289 points.
The contract for settlement in February 2012, opened 6.8 points lower at 2,29...
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Date:2012/01/10
Chinese Premier Wen Jiabao has urged the nation's financial sector to do more to support entrepreneurs and industry and strengthen its capability in supporting the real economy.
The real economy is defined as production activity in sectors such...
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Date:2012/01/06
According to the report released by Zhu Jimin, and officer from CISA (China Iron and Steel Association), Chinese steel apparent consumption will reach 700 million metric tons in 2012, rising by approximately four percent as compared to previo...
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Date:2012/01/10
China is likely to face a trade deficit in 2012, partly driven by the deteriorating eurozone crisis and a possible debt default by Greece, economists warned on Monday.
Stephane Deo, managing director of European Economic Research with UBS AG, ...
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Date:2012/01/05
Chinese shares opened lower Thursday, with the benchmark Shanghai Composite Index down 0.39 percent to open at 2,160.9.
The Shenzhen Component Index opened at 8,653.1, down 0.49 percent.
Source: Xinhua
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Date:2012/01/10
Low-and medium-budget films are a rising power sharing blockbusters' glory on the Chinese film market, a senior film industry insider said.
"The rise of small- and medium-budget flicks is challenging the dominance of blockbusters in...
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Date:2012/01/05
Outbound direct investment (ODI) for 2011-15 is expected to register double-digit annual growth to reach $560 billion, matching the nation's foreign direct investment (FDI), a statement from the Ministry of Commerce said.
The government will ac...
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Date:2012/01/10
According to the data released by CISA (China Iron and Steel Association), Chinese registered steelmakers contributed a daily crude steel output of 1.4546 million metric tons in late December. Meanwhile, Chinese average daily crude steel outp...
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Date:2012/01/05
East coastal Jiangsu province will spend 490 million yuan ($78 million) on environmental protection, local authorities said Wednesday.
The funds, including $36.9 million in loans from the Bank of Asia, will be mainly used on environment restor...
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Date:2012/01/09
The economic growth in most Asian economies is expected to bottom out in the first quarter on year- on-year terms, analysts of banking giant Credit Suisse said on Friday.
The outlook for Asia excluding Japan has been improving recently as the ...
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Date:2012/01/05
China's crude steel output posted its first yearly decline in November 2011 to 49.88 million tons, according to latest data provided by the country's top economic planner.
The National Development and Reform Commission (NDRC) said in a sta...
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Date:2012/01/09
World Bank chief economist Lin Yifu said Friday he was "quite optimistic" of sustained Chinese economic growth, and that he believed China has the potential to maintain an annual economic growth rate of around 8 percent for the next 20 years.
"The r...
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Date:2012/01/05
Accordingly, the domestic social steel inventories in Chinese 26 main cities increased by 0.13 million metric tons vs prior week to 13.901 million metric tons in last week, signifying that the domestic steel stockpiles have bottomed out and b...
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Date:2012/01/09
Talks on a China-Japan-Republic of Korea free trade agreement (FTA) are expected to start in the first half of this year, with May seen as the earliest date, following the conclusion in December of studies and research into its potential consequences...