Resilient growth engine crucial to prosperity

2011-06-01 13:39:33

The remarkable growth of China's private economy over the past three decades has been crucial to making the Chinese economy the world's second largest.

Largest employer needs a level playing field

2011-06-01 13:38:26

China's broad private sector provides more than 90 percent of the 800 million jobs in the world's second-largest economy. That includes 237 million created by domestic private firms in urban areas, 18 million created by foreign-invested firms and 470 million rural jobs (including 210 million created by township enterprises, self-employed businesses and other rural private entities).

Now in vogue

2011-06-01 13:37:22

Modern Chinese fashion really took shape only when global products and brands became more powerful commodities in the market. I did not visit China until 2007, but I imagined its fashion to be a homogenous landscape with only the bravest and the richest starting to experiment with dressing for self-expression.

High-speed, sustainable development model

2011-06-01 13:36:45

One of three new districts in Beijing, Shunyi has been designated an airport economic zone and modern manufacturing base, and has been introducing various industries in recent years to help its economy.

Growing pains ... and gains

2011-06-01 13:34:26

When I first saw China Daily in June 1981, I mistook it for a foreign newspaper. And it still puzzles me how my English teacher at a high school in the small town of Nanyang in Henan province, about 1,000 kilometers from Beijing, learned about the newspaper and had become one of its earliest subscribers. Unlike today, news and information then traveled at snail's pace.

Building a cleaner future

2011-06-01 13:34:11

China's environment - and the way people think about it - have been dramatically transformed over the past 30 years.

Beijing takes more measures to ease traffic

2011-06-01 13:31:19

The Beijing municipal government said on Tuesday that the city will use its odd-even license plate system to reduce the number of cars on the road during important festivals, events and cases of extreme weather.

Trailblazers of reform

2011-06-01 13:25:00

In the 1980s, when Li Zhongjian saw an expensive overseas-made cigarette lighter, he had the foresight to figure out how to make it in his home city of Wenzhou in East China's Zhejiang province.

A bold vision that changed China

2011-06-01 11:21:24

Thirty years ago, Deng Xiaoping set out an economic vision which seemed astonishing - a 70-year policy to transform China into an advanced economy. However, the targets for its first 30 years have already been exceeded and China's economic achievements are probably the most extraordinary in world history.

HK retail sales up 27.7% in April

2011-06-01 11:15:19

According to Hong Kong Census and Statistics Department figures released on Tuesday, the value of Hong Kong's total retail sales in April was provisionally estimated at HK$32 billion ($4.76 billion), 27.7 percent higher than a year earlier.

China allocates $21b for medical services

2011-06-01 11:14:23

China has allocated 134.6 billion yuan ($20.76 billion) in medical service subsidies since the beginning of this year, the Ministry of Finance (MOF) said Tuesday.

PMI of manufacturing sector declines in May

2011-06-01 11:10:47

The Purchasing Managers Index (PMI) of China's manufacturing sector dropped to 52 percent in May, the China Federation of Logistics and Purchasing (CFLP) said Wednesday.