Tuesday, December 1, 2020
Tags Economy

Tag: Economy

Chinese Investment Set to Drive 1/3 of Economic Growth in 2018: NDRC

The head of the state planning department says that China will spur investment in 2018, as well as expects steady growth in both exports...

Xiong’an New Area Will Be the Model for High Quality Growth: NDRC

China's state planning department says that the Xiong'an New Area that was established to take pressure off nearby Beijing is set to become a...

China Will Pull 10 Million People Out of Rural Poverty in 2018: Li Keqiang

Premier Li Keqiang has unveiled ambitious targets for China's rural poverty alleviation efforts in 2018. Li outlined the targets for Chinese rural poverty alleviation policies...

Systemic Financial Risk is Still an Issue for China: Huang Yiping

One of China's leading economic experts says that systemic risk is still a major issue for the the country's financial system. Speaking at the 2018...

Davos Standout Liu He Expected to Lead Elite Team of Chinese Economic Advisors

China watchers expect the country's chief delegate to the 2018 World Economic Forum to be anointed as a leading economic policymaker at the upcoming...

“Orderly Deleveraging Needed to Stabilise Market Expectations”- State Media

China's state-run media has called for Beijing's ongoing deleveraging campaign to be conducted in an "orderly" fashion, with a view to more effectively containing...

Xi Jinping Stresses Scientific Innovation and China’s Need for a “Modern Economic System”

President Xi Jinping said that the creation of a "modernised economic system is the strategic aim for China's development," as well as stressed the...

China’s Telecoms Sector Posted 76.4% YoY Growth in 2017

The latest official data points to surging growth in China's telecommunications sector in 2017. Speaking at the 2017 Industrial Telecommunications Sector Growth Briefing held by the...

Yu Yongding Pessimistic About Growth Due to Fixed Investment Slowdown

One of China's top economists says that hopes for a stabilisation in Chinese GDP growth are unfounded given an intractable slowdown in fixed-asset investment. Many...

State Planning Official Forecasts 6.5 – 6.8% GDP Growth for 2018

A vice-secretary from China's National Development and Reform Commission has made a  GDP growth forecast of 6.5 - 6.8% for 2018. In article written for...

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Chinese Banks Suspend Trading of Gold and Platinum Due to Concerns over Post-US Election Price Plunge

A slew of leading Chinese banks have announced the suspension of trading of gold and platinum due to concerns over market volatility...

Kuaishou Could Acquire Payments License, Joins Ranks of Chinese Tech Giants Making Forays into Finance

Chinese video-sharing platform Kuaishou could be preparing for a foray into the fintech sector by grabbing a payments license via the acquisition...

Bank of China Forecasts 7.5% GDP Growth for China in 2021

Big state-owned lender Bank of China (BOC) has issued a rosy forecast for Chinese GDP growth in 2021 following efforts to contain...

Chinese Central Bank Undertakes 200B Yuan in MLF, 150B Yuan in Reverse Repos on 30 November

The People's Bank of China (PBOC) has announced that it undertook 200 billion yuan in medium-term lending facility (MLF) operations and 150...