China grabs top spot for global FDI
2012-10-25 11:23:04
China has surpassed the US to become the world's largest recipient of foreign direct investment in the first six months of the year.
Energy saving still urgent
2012-10-25 07:50:21
For China, it is important to find a balance between the demand for energy and the conservation of energy resources and protection of environment.
Remedies for economic challenges
2012-10-24 08:16:01
China's National Bureau of Statistics reported last week that the economy rebounded in September. While the third quarter's growth was slower (7.4 percent year-on-year) than the second quarter's 7.6 percent, growth picked up quarter-to-quarter. Data on industrial production and fixed asset investments suggested that China's economy, along with inflation and export growth, was bottoming out.
Shining a light on lower taxes
2012-10-23 10:57:15
China has entered a new stage of slower growth rates, but with greater potential to raise income levels and upgrade living conditions nationwide.
CBRC to use new tools to fight cyclical measures
2012-10-23 10:11:31
Major Chinese commercial banks have benefited enormously from massive money inflow and the infrastructure boom in recent years.
Defying doomsayers, China to avoid Japan-style bubble
2012-10-22 15:38:54
China has defied doomsayers who have warned for years that Asia's biggest economy would soon suffer a Japan-style boom and bust. It will continue to defy them for years to come.
Opportunities abound for China shale gas
2012-10-22 10:33:12
The shale gas story should sound intriguing for China, since it is the world's largest energy consumer, as well as holding the largest shale gas reserves globally.
Right to housing: Who can grant it?
2012-10-22 07:49:04
"Housing for people" is an ancient Chinese utopia. In modern times, this idea has become the "right to housing". However, it does not mean that everyone should become a homeowner. Rather it means granting people access to decent housing as a basic right.
HK sets example for public transit
2012-10-22 07:49:04
The mass transit railway system in the Hong Kong Special Administrative Region is possibly unique, in that it's profitable. While those in other countries are largely subsidized by government funds, Hong Kong's MTR Corporation runs a significant surplus that is driven not by passengers or advertising, but instead by the fact that since it was established in the 1970s, the MTRC has also been a real estate developer.
Income distribution reform
2012-10-22 07:49:04
Wednesday's State Council meeting chaired by Premier Wen Jiabao was confirmation of recent reports that China is to press ahead with its long-awaited income distribution reform. While laying out near-term economic work plans, the State Council meeting has transmitted the message that "an overall program on income distribution reform is set to be drafted in the fourth quarter".
It's time for Chinese business to turn on the lights
2012-10-19 10:39:35
In February last year the Chinese telecommunications equipment maker Huawei wrote an open letter to the US government that complained of being unfairly excluded from the US market, and asked for a formal investigation into its business activities in the US. In response, in November the US government body responsible for overseeing national security and intelligence, the House Intelligence Committee, began investigating the suitability of Huawei and another big Chinese telecoms supplier, ZTE, as suppliers to national communications networks in the US. On Oct 8 the committee published a report on the US national security issues posed by Chinese telecommunication companies Huawei and ZTE.
Testing the property reform limits
2012-10-19 10:37:54
Economic slowdown poses grave threat to regulation of real estate market in China