• Macro-control policy moving towards anticipated goal

    Vice-Premier Huang Ju said that China's economic macro-control policy is moving toward its goal steadily as anticipated and his country's economy is advancing with a good momentum. Huang said that China has continued the opening of the financial market in an orderly way, the in-d

  • All small cement factories are banned in Beijing

    In the course of implementing the macro control, Beijing government suspend or stop 607 investment projects, which holds 11.4% of total projects, and the total investment is 164 billion Yuan, which holds 8.7% of total investment.In cement sector, according the central policy, the

  • China's economists suggest moderate interest rate hike to cool economy

    China's economists advise to takea moderate interest ratesoar to cool the economy as investment growth in overheating sectors likecement and property are rebounding after slowing down in the first half on central government macro-control policies.Ba Shusong, deputy head of a Stat

  • Fixed asset investment grows 31.1%

    China's fixed asset investment grew 31.1 per cent during the first seven months of the year compared withthe same period a year ago, the National Bureau of Statistics said. The bureau, which did not give figures for July, said the country's fixed asset investment stood at 2,711.6

  • FDI grows by a large margin in July

    China's foreign direct investment grew by nearly 46 per cent in July, indicating strong confidence by foreign investors in the Chinese economy despite the government's credit tightening moves. The nation registered an actual foreign direct investment (FDI) of US$38.4 billion in t

  • 2ND ANNUAL SUSTAINABLE RESOURCES CONFERENCE

    BOULDER, COLORADO / FEB 3, 2004: More than 1000 people from 75 countries are expected to attend a multi-disciplinary, grassroots conference on sustainable development, technology and use of resources September 27 through October 5, 2004 at the University of Colorado at Boulder.

  • central government urges improvement in financial institutions

    The Chinese central government Wednesday urged all banking, securities and insurance firms to comprehensively, correctly and actively understand and implement the current macro-economic control policy. Financial companies should unite their minds with the central government's jud

  • Sharp profit rise expected for central SOEs

    China's 189 central State-owned enterprises (SOEs) are expected to experience sharp profit growth in 2004, fuelled by the high market demand of energy and power. However, these SOEs are being asked not to be complacent and are being urged to improve efficiency and competitiveness