China's Aggregate Equity Value Ranks the Second: Shang Fulin
China’s aggregate value of listed stock ranks the second globally, with more than 2,000 listings and 130 million investors.
China Sets 7Pct Target for Per Capita Income Growth During 12th F-Y Plan
China sets its per capita income growth at 7 percent annually during the 12th five-year plan (2011-2015), at the same pace of anticipated economic growth.
China HSBC PMI Slows to 54.4 in December
The HSBC China Purchasing Managers’ Index (PMI) slipped to 54.4 in December from 55.3 in November as output and new businesses increased at the slowest pace in three months.
China to Expand the Coverage of VAT
China sets to expand the coverage of value added tax (VAT) during the 12th five-year plan (2011-2015), among other tax adjustments, which would bring the country’s revenue up 8 percent in 2011.
Chinese Companies Sweep U.S. IPO Market in 2010
Chinese companies swept U.S. IPO market in 2010 with 34 new listings that raised a total of 3.6 billion U.S. dollars.
Interest Rate Hike may Leave Limited Fallout on Market, More Hikes Likely: Analysts
China’s raising of interest rates at the weekend will have a limited impact on the market while future hikes are likely in the near future.
Mainland Registered $78Bln Trade Deficit with Taiwan in First 11Months
The Chinese mainland registered a trade deficit of 78.44 billion U.S. dollars with Taiwan in the first 11 months, according to the customs.
China's Income Distribution Reform Suspends: Official
China’s income distribution reform, which is scheduled to come out with a general proposal before the year-end, has been suspended.
No Timetable for International Board Launch: China Regulator
China Securities Regulatory Commission Chairman Shang Fulin said recently that there is no timetable for the launch of the proposed international board on the Shanghai Stock Exchange.
China Iron Ore Imports Expected to Decline
Total imports of the iron ore this year are predicted to decline or at least keep even with that in 2009.
China to Advance Interest Rate Liberation Systematically: Zhou Xiaochuan
China sets to make a big stride in the liberation of interest rate during the 12th five-year plan (2011-2015), said central bank governor Zhou Xiaochuan.
RMB Real Effective Exchange Rate Gains 56Pct in 16 Years
China’s RMB real effective exchange rate (REER) has gained 56.6 percent since 1994;RMB nominal exchange rate rose 32.8 percent during the same period.
China, India Ink $16 Bln Worth of Trade Deals: Premier
Bilateral trade between China and India is expected to exceed 60 billion U.S. dollars this year, 20-folded more than that in 2000.
China's 3G Users to Hit 100Bln in 2011: Analyst
By the end of 2011, the number of 3G users is expected to hit 100 million and investments conducted by China’s three largest telecom operators will reach 75 to 78 billion yuan.
Gov. Says China Edible Oil Supply Guaranteed Ample
The temporary production suspension in recent days was the result of a transport bottleneck for soyoil and soymeal, and overstocking within the group.
China CPI Projected at 4Pct, GDP 8Pct in 2011
GDP is projected at 8 percent in 2011, and price inflation will be kept under control at 4 percent.
40 SOEs will Go Public in 2010, 2011: Official
40 of the 100 state-owned enterprises (SOEs) in China will go public as a whole in the year 2010 and 2011
Central Economic Conference Set Tone for 2011 Policies, Stock Market may Soar
The three-day Central Economic Conference, which opens on Dec. 10, has set the tone for the country’s future economic development in 2011, with prudence a primary policy while controlling prices a major task.
China's New Lending Falls in Nov.
New loans totaled 564 billion yuan in November, central bank data showed on Friday, down slightly from 587.7 billion in October.
Government Denies 78 SOEs Delayed Exit from Property
China’s state-owned asset watchdog recently denied a report that the 78 SOES delayed their move to withdraw from the red-hot real estate sector as requested by central government early in March.
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