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China Daily Website

  • Chinese economy to dodge hard landing: Expert

    2012-12-12 13:30

    The Chinese economy will not witness a hard landing, Stephen Green, head of Greater China research at Standard Chartered Bank, said on Tuesday.

  • Report: China to have biggest economy by 2030

    2012-12-12 09:42

    China is likely to have the world's largest economy by 2030 - surpassing the United States, according to the US National Intelligence Council.

  • 'No room for over-optimism'

    2012-12-12 09:29

    Although a slew of improving economic indicators have suggested that the growth of the world's second-largest economy is back on track, no over-optimism is allowed because the foundation of such a recovery is not yet well-grounded, experts have warned.

    Power consumption, a barometer of industrial activity, rallied in November to a 9 percent year-on-year increase, extending the acceleration to two months in a row and signaling a stabilizing industrial sector.

  • Double drivers for economy

    2012-12-12 08:31

    China is realizing the ever-increasing domestic consumption will be an important driving force for the country's economic growth.

  • Income gap remains high, report shows

    2012-12-11 10:22

    China faces extraordinary inequality in its social distribution system, but the government still has adequate options to deal with the problem.

  • Xi's visit signals reform support

    2012-12-11 03:13

    In what is being widely interpreted by analysts as a political signal, Xi Jinping conducted his first official trip as new Party chief to Guangdong, the southern province where China's market-oriented reforms were launched.

    Due to its proximity to Hong Kong, Guangdong was chosen as the testing ground by Deng Xiaoping three decades ago for "reform and opening-up".

  • Chinese firms 'face slower growth' amid gloom

    2012-12-10 08:04

    Chinese enterprises' net income and revenue growth for 2012 fell sharply due to the economic slowdown, Fitch Ratings said in a report.

    According to Fitch's analysis, which is based on a sample portfolio of 40 Chinese corporations, their net income growth fell by 11 percent in 2012.

    The portfolio can be broken down into 15 State-owned enterprises and 25 non-governmental businesses.

  • China on course for stable growth: JP Morgan

    2012-12-07 11:25

    The opening-up of the capital account in China is expected to speed up gradually, as the economy returns to stable growth.

  • UBS bullish on China's prospects

    2012-12-07 09:24

    The Chinese economy will grow faster next year a growth rate of 8 percent amid policy continuity and stability, the UBS AG said.

  • China to remain economic driving force - UK's ACCA

    2012-12-06 22:01

    The economic future of China is still very positive and the country will be one of the key driving forces behind world economic growth, according to Stephen Heathcote, executive director-markets at the UK's Association of Chartered Certified Accountants.

  • Bertelsmann bets on China's growth

    2012-12-06 10:08

    In China, Thomas Rabe, CEO of German media giant Bertelsmann SE & Co KGaA, prefers to be called by his Chinese name Han Tao.

  • China's footloose rich on the move

    2012-12-05 13:32

    The South Beauty chief Zhang Lan recently sparked a debate on the emigration of rich Chinese after she was found to possess a foreign passport.

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