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Researcher urges easier small business loans 04/06/2013
by Chinaview.cnTopic: Economics
Ba Shusong, a senior Chinese financial researcher, on Saturday called for progressive deregulation of interest rates for loans issued to small businesses.

In this way, micro-finance institutions can profit from their normal operation and maintain sound and sustained development, Ba said at an event launching a report he headed on the financing of small and micro-bus ...Read More
China's debt issue not particularly serious: former finance minister 04/06/2013
by Chinaview.cnTopic: Economics
China's debt issue has not reached a particularly dangerous level as the country does not have a high debt-to-GDP ratio, former finance minister Xiang Huaicheng said here Saturday.

"The majority of the debts are internal ones, and the government has always adhered to the principle of sustainability while handling the debt issue," Xiang told a sub-forum ...Read More
Private firms lead China's investment overseas 04/06/2013
by Chinaview.cnTopic: Economics
Chinese private firms are seeing new expansion abroad and already lead China's investment overseas, Chris Lu, CEO of Deloitte China, said on Saturday at a forum in south China's Hainan Province.

The 2013 Boao Forum for Asia Annual Conference witnessed hot discussion among private firm bosses, worrying about domestic economic circumstances and expecting inves ...Read More
ChiNext Index opens higher Wednesday 03/29/2013
by Chinaview.cnTopic: Economics
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, opened 0.02 percent higher at 876.55 points on Wednesday.

The index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises) Board Index, makes up the three core indices reflecting the performance of China's stocks listed on the Shenzhen Stock Exchange.
...Read More
China yuan weakens to 6.2727 against USD 03/29/2013
by Chinaview.cnTopic: Economics
The Chinese currency Renminbi, or yuan, weakened 12 basis points to 6.2727 against the U.S. dollar on Wednesday, according to the China Foreign Exchange Trading System.

In China's foreign exchange spot market, the yuan is allowed to rise or fall by 1 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based ...Read More
China steps up coal gasification efforts 03/29/2013
by Chinaview.cnTopic: Economics
To provide more clean energy for its fast growing economy, China's regulatory authority has given the green light on preparatory work for a huge coal gasification project in Xinjiang Uygur Autonomous Region.

The project, located in Huocheng County, is designed to produce 6 billion cubic meters of gas annually. China Power Investment Corporation will invest 50 billion yuan (about 8.0 ...Read More
Chinese ethnic regions see rising GDP 03/29/2013
by Chinaview.cnTopic: Economics
China's ethnic regions had a combined GDP of 5.85 trillion yuan (941.3 billion U.S. dollars) in 2012, up 12.1 percent year-on-year, according to the State Ethnic Affairs Commission.

The growth was 1.8 percentage points higher than the national average, according to a statement released Thursday by the commission.

According to the statement, ethnic regions accounted for 10 ...Read More
Why have people lost trust in data and indices? 08/13/2012
by People.com.cnTopic: Statistics
China’s national rejuvenation index stood at 0.6274 in 2010, the average home size in the country was 116.4 square meters in 2011, and Chinese families’ total net assets are 21 percent higher than those of U.S. households. A variety of data have appeared, which are designed to describe China’s economic and social development in recent years, some of which have caused conside ...Read More
Mainland stocks buffeted by slowdown concerns 08/13/2012
by Chinadaily.com.cnTopic: Statistics
Chinese stock markets ended with losses Friday after the release of weak July macro data again sparked worries about the faltering domestic economy.

The Shanghai Composite Index finished trading at 2,168.81 points Friday, down 5.29 points, or 0.24 percent; while the Shenzhen Component Index closed at 9,238.20 points after slumping 99.34 points, or 1.06 percent, on t ...Read More
Food packaging regulations to take effect in 2013 08/13/2012
by Chinaview.cnTopic: Economics
Regulations on food packaging will take effect from Jan. 1, 2013, in a bid to guide the public in making food choices and reduce risks of chronic non-communicable diseases, a senior supervision official with China's Ministry of Health said Monday.

The regulations will provide standard nutritional information on food packaging labels, through which consumers can ...Read More
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