Economic review

China to counter U.S. steel trade measures

2018-02-14 10:00:00

China will oppose any "unfair and unreasonable" trade measures by countries such as the U.S. against its steel companies, a Chinese government think tank said on Tuesday, arguing protectionism will "poison" the industry. Full Story

More sectors open for private capital: report

2018-02-14 09:14:00

China is to further open more sectors including rail and telecommunications to private investment in 2018, as part of a broader push to create a favorable environment for the private sector. Full Story

Regulation brings hidden credit back into limelight

2018-02-14 08:42:00

China's tightening regulations on bank lending have put more hidden credit back on balance sheets, as the authorities strive to readjust the method of calculating the major money supply indicator to better supervise financial expansion. Full Story

China asks U.S. to refrain from unfair trade measures

2018-02-14 08:38:00

China on Tuesday urged the United States to exercise trade restriction measures with restraint and abide by multilateral trading rules to contribute a positive impetus to the global economy, the Ministry of Commerce said. Full Story

Virtual red envelope trend grows

2018-02-14 00:28:00

More domestic internet titans have joined the trend of sending digital red envelopes, or cash gifts, ahead of this year's Chinese lunar new year season, which begins on Friday. Full Story

China's 'single economy' provides business opportunities

2018-02-13 23:24:00

While a rising number of single people worry their Chinese parents, the demographic shift has become a business opportunity for retailers and service providers. Full Story

China's non-financial ODI maintains double-digit growth

2018-02-13 17:05:00

China's non-financial outbound direct investment (ODI) maintained a double-digit growth in January, the third consecutive monthly increase, official data showed Tuesday. Full Story

China doubles basic science research budget in 5 years

2018-02-13 15:48:00

China doubled its funding for basic science research over the past 5 years, from 41.1 billion RMB ($6.5 billion) in 2011 to 82 billion RMB in 2016. Full Story

China's central bank injects liquidity into market via MLF

2018-02-13 15:17:00

China's central bank Tuesday injected 393 billion yuan (about 62.2 billion U.S. dollars) into the market via the medium-term lending facility (MLF) to maintain liquidity. Full Story

China's R&D spending up 11.6 pct in 2017

2018-02-13 14:03:00

China's spending on research and development (R&D) grew faster in 2017 as the country continued to push for innovation-driven development. Full Story