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The economics of disaster |
01/17/2012 |
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by Chinadaily.com.cn | Topic: Economics
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Despite all of the gloomy economic news nowadays, if we thought that things couldn’t get much worse, we had a grim reminder this month that no country is immune to the forces of nature and the havoc they wreak. Two years ago, on January 12, 2010, Haiti was struck by a devastating earthquake that killed more than 220,000 people and shattered the country’s prospects.
As strang ...Read More |
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Balancing growth and inflation 'a challenge' in 2012 |
01/17/2012 |
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by Chinadaily.com.cn | Topic: Economics
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Despite positive results from recent efforts to curb prices, China still faces challenges in balancing inflationary pressure with stable growth, the country's top statistics official said on Monday in a published commentary.
"The basis for a smooth price level is not yet strong, and there are chances that prices may rebound," Ma Jiantang, head of the National Bureau of Sta ...Read More |
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China's 2011 GDP growth slows to 9.2% |
01/17/2012 |
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by Chinadaily.com.cn | Topic: Economics
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China's economy expanded by 9.2 percent in 2011 from a year earlier and 8.9 percent year-on-year in the fourth quarter, the National Bureau of Statistics (NBS) said Tuesday.
The quarterly growth was the slowest in 10 quarters. China set its full-year growth target at 8 percent in early 2011 after its economy grew 10.4 percent in 2010.
China's 2011 GDP growth slo ...Read More |
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Unenlightening statistics |
01/09/2012 |
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by Chinadaily.com.cn | Topic: Statistics
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Ambitious as it is, the National Bureau of Statistics' (NBS) latest effort to gauge the country's progress in its attempt to build a well-off society in an all-round way, will meet little enthusiasm from either the public or policymakers.
In a report issued on Monday, the NBS declared that China was well on its way to building an all-round well-off society, as its fulfillment wa ...Read More |
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HKEx leads world in funds raised in 2011 |
01/09/2012 |
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by People.com.cn | Topic: Statistics
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In 2011, companies raised over 258.9 billion Hong Kong dollars from initial public offerings on Hong Kong Stock Exchange, and 101 companies went public on the stock exchange, according to statistics recently released by HKEx.
The stock exchange witnessed nearly 488.2 billion Hong Kong dollars raised in 2011, including funds raised through IPOs and the issue of new shares. The figure sur ...Read More |
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China faces harsher export situation in 2012 |
01/09/2012 |
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by Chinadaily.com.cn | Topic: Statistics
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China is facing an even more severe export situation featuring withered demand and harsher competition this year, Deputy Minister of Commerce Zhong Shan said Monday.
Zhong said other major exporters will continue providing strong competition for China, and some developing countries are capturing market share in labor-intensive industries as domestic labor costs rise in China.
...Read More |
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Businesses urged to use financial leasing |
12/28/2011 |
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by Chinadaily.com.cn | Topic: Statistics
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The ministry said in a statement that financial leasing companies will be encouraged to deepen cooperation with overseas construction companies for equipment leases and "positively participate" in infrastructure construction projects.
The statement said that China was also encouraging insurance companies to go abroad to support the financial leasing industry.
Financ ...Read More |
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RMB spot rate hits 17-year high |
12/28/2011 |
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by People.com.cn | Topic: Statistics
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The RMB spot exchange rate against the U.S. dollar hit a 17-year record high on Dec. 26, according to statistics from the China Foreign Exchange Trade System.
Statistics showed that the RMB rose 0.12 percent to 6.3290 per dollar at 10 a.m. on Dec. 26, reaching its strongest level since China unified the official and market exchange rates in 1994.
The RMB exchange rate had exp ...Read More |
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Emission indexes to be published |
12/28/2011 |
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by Chinadaily.com.cn | Topic: Statistics
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Indexes measuring greenhouse gas emissions and power consumption will be published on a pilot basis next year in the latest move to meet energy-saving targets and restructure the economy.
Wen Jianwu, director of the energy statistics department at the National Bureau of Statistics (NBS), said the bureau plans to periodically publish the indexes.
A statistics-based evaluation ...Read More |
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Beijing to continue housing restrictions |
12/19/2011 |
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by People.com.cn | Topic: Statistics
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Beijing will continue restrictions on home purchases next year, an official from the Beijing Municipal Commission of Housing and Urban-Rural Development said at a press conference held by the municipal government's information office on Dec. 16.
According to statistics from the commission, new home prices in Beijing have dropped over 5 percent so far in 2011 from a year earlier now ...Read More |
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