China，now the world's second largest economy, ought to maintain stable policies in the coming months to guide its economic growth.

On Monday, The People's Daily said in a front page editorial that China should try to balance a number of critical economic factors, including keeping a tight macro-control on soaring housing prices – a major grievance of ...Read More

China's mutual funds posted total losses of 439.75 billion yuan (around 64.69 billion U.S. dollars) in the first half of 2010, the highest since the second half of 2008, according to statistics from TX Investment Consulting Co. Ltd.

Equity mutual funds contributed most to the heavy loss. They reported 296.30 billion yuan in losses. In the first half, only money ...Read More

Macao's visitor arrivals in July went up by 23.2 percent over the same period of last year to 2.68 million, according to the figures released on Monday by Macao's Statistics and Census Service (DSEC).

Chinese mainland remained Macao's major source market, accounting for 52.8 percent of the total, standing at 1.14 million, with 477,119 traveling to Macao ...Read More

China's auto production and sales will both exceed 15 million vehicles this year, Secretary-General of the China Association of Automobile Manufacturers Dong Yang said last week, Xinhua reported. 

The report also cited Dong as saying China's auto exports this year may reach the level they were at before the financial crisis. 

A total of nearly 2,100 enterprises must eliminate backwards production capacity in 18 different industries before September 2010 or face closure, according to a public announcement released by the Ministry of Industry and Information Technology (MIIT) on Aug. 8.

The enterprises mainly involved are 760 cement plants, 280 paper mills, 200 printing and dyeing mills, 1 ...Read More

Due to rising vegetable prices after extreme weather events and the low price base in 2009, year-on-year growth of China's consumer price index (CPI) will hit a new high in July, some financial institutions have predicted.

CPI growth may exceed 3.2 percent in July, but there may be a downward trend in the second half of 2010, some analysts said. 

China's central bank will continue to ensure an adequate money supply in 2010 to back up economic growth which has shown signs of slackening in June and July. 

The People's Bank of China, the central bank, urged Sunday the country's banks to "effectively" enforce a moderately easy monetary policy in the following time this year, in an appa ...Read More