Top 10 economic events in 2014

Updated: 2014-12-23 08:32

(chinadaily.com.cn)

4. Interest cut

On Nov 22, 2014, China's central bank adjusted the benchmark rates for the first time since July 2012.

After the cut, one-year deposit rate will stand at 2.75 percent, while one-year lending will be at 5.6 percent.

A bull sculpture on the Jinrong street in Fuzhou city, capital of Fujian province, Nov 19, 2014. [Photo/IC]