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Date:2011/11/16
Accordingly, in October Chinese welded pipe production had hit the highest since 2008 and reached 3.937 million metric tons, surging by 1.072 million metric tons or 37.4% as compared to the same period of last year. Meanwhile, Chinese year-to...
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Date:2011/11/15
Since China entered the World Trade Organization 10 years ago, national economic restructuring has substantially improved, with the service industry playing a more important role in the growth of gross domestic product (GDP).
According to the ...
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Date:2011/11/17
The People's Bank of China (PBOC), the country's central bank, said Wednesday it would continue to keep the nation's monetary policies prudent while making the policies more targeted, flexible, and prospective.
It said it would closel...
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Date:2011/11/15
According to the data released by China Customs recently, in January to October of this year, Chinese overall coke and semi-finished coke exports amounted to 3.11 million metric tons, surging by 17.17% year over year. Meanwhile, in October alone Chin...
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Date:2011/11/15
The Chinese currency Renminbi, or the yuan, weakened 135 basis points to 6.3436 against the U.S. dollar on Tuesday, according to the China Foreign Exchange Trading System.
In China's foreign exchange spot market, the yuan is allowed to rise or ...
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Date:2011/11/14
Chinese Commerce Minister Chen Deming said the Chinese currency's exchange rate is at a basically reasonable level and adjusting the rate can't solve the US trade deficit with China.
Chen made the remarks Friday while meeting separately wi...
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Date:2011/11/15
China's Ministry of Commerce (MOC) said on Monday that its oil industry will keep improving the circulation system to target a crude oil sales volume of 530 million metric tons in 2015.
The industry aims to sell 290 million metric tons of...
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Date:2011/11/14
China's stocks surged on Monday morning over weekend Wall Street rally and strong bank lending data for October.
The benchmark Shanghai Composite Index moved up 1.63 percent, or 40.35 points, to close the morning session at 2,521.44.
The Shenzh...
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Date:2011/11/15
China's stocks opened lower on Tuesday following Wall Street slumps overnight, with the benchmark Shanghai Composite Index down 0.11 percent to open at 2,525.95.
The Shenzhen Component Index opened 0.14 percent lower at 10,631.05.
U.S. stocks f...
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Date:2011/11/14
The Chinese currency Renminbi, or the yuan, strengthened 16 basis points to 6.3301 against the U.S. dollar on Monday, according to the China Foreign Exchange Trading System.
In China's foreign exchange spot market, the yuan is allowed to rise o...
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Date:2011/11/15
China and Myanmar companies signed Saturday the agreement on cooperation in telecommunication technology transfer in Nay Pyi Taw, the new capital of Myanmar.
The signing ceremony on transferring broadband wireless access technology for Myanmar was h...
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Date:2011/11/14
According to the data released by NBS (The National Bureau of Statistics), China produced 132.413 million metric tons of iron ore in October, increasing by 41.4% year over year. Meanwhile, during the given period Chinese overall steel product...
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Date:2011/11/15
China's currency should play a greater role in a possible future international monetary system that could be developed after eliminating the "wild swings" of the US dollar and euro, Robert Mundell said Monday.
"As the largest trading nation, th...
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Date:2011/11/11
China's stocks opened higher on Friday, with the benchmark Shanghai Composite Index up 0.18 percent to open at 2,483.96.
The Shenzhen Component Index opened 0.22 percent higher at 10,500.57. The shares sank Thursday, sending the benchmark index...
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Date:2011/11/15
As the Asia-Pacific Economic Cooperation summit drew to a close on Sunday in Hawaii, leaders from the region pledged to promote "trade liberalization" and support clean energy.
Those policy goals, they said, will make it easier to provide for ...
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Date:2011/11/11
The Chinese currency Renminbi, or the yuan, strengthened 12 basis points to 6.3317 against the U.S. dollar on Friday, according to the China Foreign Exchange Trading System.
In China's foreign exchange spot market, the yuan is allowed to rise o...
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Date:2011/11/14
Despite a fast economic growth China registered during the past years, economists projected the country to experience a lower pace of growth over the next few years.
The coming slowdown will be a normal outcome as the continuous global downturn hurt...
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Date:2011/11/11
China's trade surplus narrowed in October as unexpectedly strong domestic demand lifted imports and weak US and European demand curbed export growth, official data released on Thursday show.
Imports surged 28.7 percent year-on-year to $140.46 b...
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Date:2011/11/14
President Hu Jintao has called for emerging markets and developing countries to have a greater say in global economic governance.
Addressing top executives at the Asia-Pacific Economic Cooperation (APEC) forum CEO summit in Honolulu on Saturda...
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Date:2011/11/11
IMF Managing Director Christine Lagarde said Thursday that China is taking the right approach to driving its economy forward as indicated in the 12th Five-Year Plan (2011-2016).
Christine Lagarde made the remarks during a news briefing w...