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Shanghai GDP surpasses HK's in 2009 03/09/2010
by People.com.cnTopic: Economics
According to the latest data form Shanghai Municipal Government, the city's GDP in 2009 was 1.49 trillion yuan ($218.28 billion). The Census and Statistics Department of the Government of Hong Kong Special Administrative Region (HKSAR) disclosed February 24 that Hong Kong's GDP hit 1.60 trillion Hong Kong dollars, or 1.43 trillion yuan last year, down 2.7 percent compared with 2008. ...Read More
Home-price issue seen as long term 03/09/2010
by ShanghaiDaily.comTopic: Economics
CHINA would face considerable pressure caused by housing price rises in the next 20 years as hefty demand persisted amid accelerated urbanization and industrialization, a minister said in Beijing yesterday.

"Demand is big, while land supply is limited. So pressures caused by rising prices are still mounting," said Jiang Weixin, minister of housing and urba ...Read More
CPI expected to rise by over 2% in Feb 03/09/2010
by Chinadaily.com.cnTopic: Statistics
China's consumer price index (CPI), a main gauge of inflation, is likely to increase by over 2 percent in February year-on-year, chinanews.com.cn reported Monday, citing research reports by Chinese brokerage firms.

China's Jan CPI up 1.5%, PPI up 4.3% The National Bureau of Statistics is set to release February's major economic data starting Thursday. ...Read More
Mainland market to further open up to Taiwan's agricultural products 03/01/2010
by People.com.cnTopic: Economics
The agricultural exchanges and cooperation between Chinese mainland and Taiwan have entered a rapid development period, and have initially formed a wide-range, multi-level and comprehensive win-win cooperation and development pattern, Chen Mengshan, chief economic director of the Ministry of Agriculture, said February 28. He added that Chinese mainland will further open up its market to Taiwa ...Read More
Confusing statistics 03/01/2010
by Chinadaily.com.cnTopic: Statistics
The piles of official data the National Bureau of Statistics (NBS) has released before the annual session of the National People's Congress are supposed to help lawmakers get to grips with the country's social and economic reality.

But some of them have become so counterintuitive that the statistical officials can no longer simply dust the problem under the ...Read More
Government foresight, economic growth pattern adjustment saved China from worst of financial crisis: 02/22/2010
by Chinaview.cnTopic: Economics
The Chinese government's insight and the adjustment of the economic pattern were the two major factors helping China ride out the global economic downturn, scholars said here Sunday.

Zhuang Fuling, professor of Renmin University, said the Chinese government made a correct analysis of China's economic situation and took quick and resolute action.
...Read More
China's CPI to rise moderately in 2010: official 02/22/2010
by Chinadaily.com.cnTopic: Statistics
China's consumer price index (CPI), a main gauge of inflation, would probably only increase moderately in 2010, an official with China's National Bureau of Statistics (NBS) said here on Monday.

Although China's CPI continued to climb in previous months, it was not likely to surge this year as supplies were abundant, Wei Guixiang, head of the Department o ...Read More
Yangtze River delta contributes 17.8% of national GDP in 2009 02/20/2010
by People.com.cnTopic: Statistics
Yangtze River delta GDP stood close to 6 trillion yuan (878.6 billion U.S. dollars) in 2009, and accounts for 17.8 percent of China's, said the latest report released by Wuxi Municipal Statistics Bureau, which has continuously tracked economic operation in that region.

The reported showed that the average GDP growth rate of the 16 cities in Yangtze River delta h ...Read More
China still sober despite economic rise 02/01/2010
by Chinaview.cnTopic: Economics
Though China is very likely to replace Japan as the second largest economic powerhouse this year after the Unites States, the country's economy cannot rival Japan's in per capita GDP (gross domestic product), a fact that the Chinese should be soberly aware of.

And the economic status that China will likely attain is expected to influence the political landsc ...Read More
China to improve GDP calculation methods 02/01/2010
by Chinadaily.com.cnTopic: Economics
China could wave goodbye to its GDP data discord as the national statistics bureau chief claims that he will unify provincial and central GDP calculation methods and improve grassroots statistical quality this year.

Ma Jiantang, head of the National Bureau of Statistics (NBS), has criticized some local officials who inflate the GDP figures they report to the NBS. Th ...Read More
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