• Reform of investment system deepened

    The State Council, China's cabinet,has just publicized a major decision on deepening the reform of its investment system, enabling businesses to make final decisions on investment and the market to allocate resources.The decision was made in the course of the government's macro-c

  • China curbs growth of overheated sectors

    China has effectively curbed the breakneck growth of its credit and investment sectors, and is making progress on the structural adjustment of other overheated sectors, said an official from the State Reform and Development Commission (SRDC) here Tuesday. According to Zhu Hongren

  • Cooling down housing boom

    Measures should be taken to dilute the real estate industry's leverage over China's economy, according to an article in Beijing News. An excerpt follows: Due to efforts to corral its red-hot economy, China has attained some notable achievements. Loan frequency, fixed asset invest

  • Energy shortfall to persist

    With tremendous investment driving China's economy, supply shortages of coal, electricity and oil will continue for some time, a senior economics official said yesterday in Beijing. "We still see no sight of change or things getting better in this regard," said Ma Liqiang, direct

  • Economy Growths Healthily in May

    In May of this year, China's industrial growth reached 17 percent and the total import and export volume increased 34 percent, making profits of over two billion US dollars. Some industries which had an excessive increase in the first quarter slowed down. Meanwhile, China's fixed

  • 13th International Cement Conference and Exhibition

    The Thirteenth International Cement Conference and Exhibition 23-25 November 2004Muscat, OmanVenue & Date and Language: The 13th International Cement Conference and the accompanying Exhibition will be held in Al Bustan Palace Intercontinental Muscat HotelCountry: Oman City: M

  • China copes with power shortage: comments on macro control

    Since the coming of summer, power shortage has drawn universal concern. State Grid Corporation of China estimates that the deficiency of power this year will reach 30 million kilowatts and China will face the situation of the greatest scarcity of power since the 1980s. The cause

  • Beijing slows economy in 1st half

    Beijing's efforts to cool down itseconomy have started to pay off, according to the data made publicby Yu Xiuqin, spokeswoman for the municipal bureau of statistics. Economists had been concerned that booming real estate, steel, cement, aluminum and motor vehicle sectors had prod