China News Direct

 
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China Arrives at Critical Stage of Quality Management
(Dec 08, 2009) China accumulatively registered 29.5 million quality management groups since its open-up and reform in 1978, creating over RMB615.5 billion of economic benefits from quality management. China's economic development has arrived at a strategically critical stage where product service and quality control are of utmost importance in keeping competitiveness. Chen Bangzhu, ...
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Economic Blueprint Calls for Controlling House Prices
(Dec 08, 2009) The Economic Blueprint released by Chinese Academy of Social Sciences (CASS) yesterday said housing prices in China had exceeded the affordable range, diminishing many hopes of home-ownership. The blueprint said China's housing price had soared to a too-expensive level in 2009, leaving 85% of families not anywhere near buying a ...
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CASS Sees China in Moderate Growth in 2010
(Dec 08, 2009) The 2010 "Economic Blueprint" released by Chinese Academy of Social Sciences (CASS) yesterday forecast that mainland China's GDP growth will reach 9% next year and the CPI growth will remain within 3%, meaning no apparent inflation. The 9% GDP growth is based on the condition that the global economic downturn ...
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Total of RMB180bn Poured into Three Gorges
(Dec 08, 2009) Deputy financial controller also director of financial assets of China Yangtze Three Gorges Project Corporation, Bi Weimin, introduced that the Three Gorges project comprised three parts: the hub, migration and power transmission which altogether concerned total investment of RMB180 billion. The static total investment in creating the hub and migration ...
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Central Economic Work Highlights Policy Adjustment and Stability
(Dec 06, 2009) The meeting of the Politburo of the CPC Central Committee held on 27th November required China to maintain the continuity and stability of its macro-economic policies, and paved the ways for the Central Economic Work meeting that opened on 5 December. China will keep a proactive fiscal policy and a ...
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Hunan Has Good Foundation for Low-carbon Economy
(Dec 04, 2009) About 400 experts, politicians and entrepreneurs from home and abroad are gathering in Hunan province's Changsha city to explore the issues of low-carbon economy and making Changsha, Zhuzhou and Xiangtan two-pronged low carbon cities. At the Urban Agglomeration and Development Mode International Symposium held in Changsha today, Dean of Hunan ...
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Expert: China Needs New Mechanism to Boost Economy in 2010
(Dec 04, 2009) With the start of the 3-day Central Economic Work Conference held in Beijing on Dec 5, 2009, Vice President of School of Economics at Renmin University of China, Liu Yuanchun, proposes that China should base its macroeconomic policy on a strategy of "exit on growth" next year in preparation for ...
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Central Economic Work Conference To Talk about Income Distribution
(Dec 04, 2009) Chinese President Hu Jintao's call for raising Chinese people's incomes and refinement of consumer policies on a November-27 central government work meeting served as a prelude to next year's economic work. The market generally believes the reform of income distribution will be one of the main issues to be tabled ...
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Strategic Emerging Industries To Dominate China's 12th 5-Year Plan
(Dec 04, 2009) The Central Political Bureau of China has recently held a meeting proposing for the first time the strategic development of new industries and accelerating the development of strategic emerging industries which carry the mission of pulling economic growth for the next ten years. Wenweipo quoting expert news said the strategic ...
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United Nations: Asian Developing Countries Lead Growth in 2010
(Dec 03, 2009) Developing countries will become the main engine of world economic growth in 2010, in which China's economic growth will reach 8.8%, said the United Nations Economic and Social Affair in a report issued on 2 December 2009. The first chapter of the 2010 World Economic Situation and Prospects Report issued ...
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