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MOFCOM  11-07-15
China and the European Union (EU) have agreed to negotiate a bilateral investment treaty, said China's Minister of Commerce Chen Deming. He made the remarks during a joint briefing in Beijing with the visiting EU Trade Commissioner Karel De Gucht. The minister said the two sides discussed a wide ran...
MOFCOM  11-07-15
The Sino-Dutch economic relationship developed "very fast" in recent years and both sides eye on more cooperation, vice minister of Ministry of Commerce, Zhong Shan, said here. "We have noticed an acceleration of Chinese companies investing in the Netherlands," Zhong told Henk Bleker, Minister for A...
MOFCOM  11-07-15
China's foreign direct investment (FDI) rose by 18.4 percent year-on-year to 60.89 billion U.S. dollars in the first half of this year, Yao Jian, spokesman for the Ministry of Commerce (MOC) said. In June alone, China's FDI rose 2.83 percent from one year earlier to 12.86 billion U.S. dollars, Yao s...
MOFCOM  11-07-15
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Last week (from July 4 to 10), the prices of edible farm produce specially monitored by the Ministry of Commerce rose by a smaller margin, and the means of production rose slightly. The prices of meat fluctuated slightly. Price of pork rose by 2.3% compared with that of last week (same as below), 1....
MOFCOM  11-07-15
The Achievement Exhibition of the Special Campaign against IPR Infringement and Counterfeiting opened in Beijing on July 11, Minister of Commerce Chen Deming delivered a speech. Chen Deming pointed out that since the special campaign against IPR Infringement and counterfeiting was carried out in the...
China's consumer price index (CPI), the main gauge of inflation, rose 5.4 percent year-on-year in the first half of this year, the National Bureau of Statistics (NBS) said. The growth accelerated from the 5-percent rise for the first quarter of this year. Food prices, which account for nearly one th...
China's economy grew 9.5 percent in the second quarter, beating expectations and easing concerns over a hard landing amid tight monetary policies targeting high inflation. The growth rate was higher than the 9.3 percent predicted by many economists. Other indicators also point to a soft landing for ...
China's economic growth rate is decelerating, and many officials and analysts believe the moderation is healthy and will not lead to a hard landing. Gross domestic product (GDP) rose by 9.5 percent year-on-year in the second quarter of 2011, tapering off slightly from the 9.7-percent growth posted i...
MOFCOM  11-07-13
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A visiting senior official of the Communist Party of China (CPC) said China and Serbia, through joint efforts, would achieve more "fruitful results" from bilateral economic cooperation. He Guoqiang, a member of the Standing Committee of the Political Bureau of the CPC Central Committee and Secretary...
Price increases for produce grown in China slowed down last week, the Ministry of Commerce (MOC) said. Pork prices went up 2.3 percent between July 4 and 10, down 1.1 percentage points from the previous week's level, according to the MOC. The price of chicken was up 0.7 percent, while that of beef w...
MOFCOM  11-07-13
China's industrial value-added output grew 14.3 percent year-on-year in the first half of this year, the National Bureau of Statistics said.
MOFCOM  11-07-13
China's GDP growth rate slows to 9.5 percent in the second quarter of the year from the 9.7 percent growth posted in the first quarter, the National Bureau of Statistics said.
The Agricultural Bank of China (ABC), one of the country's "big four" state-owned commercial lenders, said Thursday that it expects its net profits in the first half of 2011 to jump more than 45 percent year-on-year. The bank said in a statement filed to the Hong Kong Stock Exchange that the profit ...
China's retail sales of consumer goods rose 16.8 percent year-on-year to 8.58 trillion yuan (1.32 trillion U.S. dollars) during the first half of this year, the National Bureau of Statistics (NBS) announced. In June, the country's retail sales grew 17.7 percent from one year earlier and were up 1.38...
MOFCOM  11-07-13
According to Chinese Customs, China-Brunei bilateral trade volume reached US$ 647 million in first five months of 2011, up by 40% year-on-year. Of which export from China to Brunei was US$ 384 million, while import from China to Brunei was US$ 264 million, up by 341.2% and -29.3% year-on-year respec...
China Mobile, the country's largest mobile telecom operator, is taking ambitious steps to promote the "fourth-generation," or 4G mobile technologies, according to the general manager of its research institute. "You have to be a leader, not a follower...timing is everything," said Huang Xiaoqing, gen...
Chinese consumers' confidence dropped in June largely due to rising food prices, according to an index released on July 12. The Bankcard Consumer Confidence Index (BCCI), compiled by Xinhua News Agency and China UnionPay, a national bank card association, stood at 86.06 in June, down 0.24 points fro...
The pace of China's import growth in June fell to its lowest level in 20 months as tightening monetary policies kicked in, resulting in the biggest monthly trade surplus this year, official statistics show. Import growth is expected to slow in the coming months, thanks to the broad impact of the tig...
China's current account surplus, the broadest measure of its trade surplus, fell 21 percent to 28.8 billion U.S. dollars in the first quarter, the foreign exchange regulator said. The surplus under the financial account, which measures the net capital inflow, increased 41 percent from a year ago to ...
MOFCOM  11-07-13
China should stick to its prudent monetary policy in the coming few years while instituting proactive fiscal measures to substantially promote economic structure reform, the China Securities Journal quoted a central bank official as saying. As the country maintains its moderately tight money supply,...
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