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NDRC: Total investment to surpass 18t yuan next year
China's total social investment is predicted to reach 18 trillion yuan ($2.64 trillion) in 2009, National Development and Reform Committee (NDRC), the country's top economi...
China local gov'ts competing for investment to prevent slowdown
WUHAN, Nov. 22 (Xinhua) -- China is rich, at least when you look at its world's largest two-trillion-U.S. dollar foreign exchange reserve and its fiscal revenue that has mainta...
Air China reports $454 mln of fuel hedging loss by Oct.
Air China, the country's largest international carrier, said its loss in the fair value of fuel hedging contracts jumped to 3.1 billion yuan (454 million U.S. dollars) by the e...
China economy to grow 8.6 pct in 2009, says Galaxy Securities
China's economy is forecast to expand at a slower annual rate of 8.6 percent next year, China Galaxy Securities said in its latest research report on Saturday.
The economy ...
Top economist suggest China "slightly increase" dollar reserve
What China can do for the world is not to sell out its massive dollar reserve, but slightly increase its hold of the currency to give reasonable support to the U.S. effort to save ...
Chinese shares end mixed as investors await rate cut
Chinese shares ended mixed on Friday amid a mostly positive day for regional markets.
The benchmark Shanghai Composite Index fell 0.72 percent to 1,969 points, while the Shenzhe...
Chinese gov't mulls to impose fuel tax
China has been studying a fuel tax reform to replace the current road tolls imposed upon vehicles, the National Development and Reform Commission (NDRC), the country's top econ...
Troubled economy drags down power consumption
China's power consumption stood at 269.85 billion kilowatt hours (kwh) last month, down 3.7 percent compared with October last year, the first year-on-year monthly decrease sin...
China to raise individual income tax threshhold
China's highest legislative body has already "reached a consensus" to boost the individual income tax threshold soon to encourage domestic consumption, China's lead...
Investment in airport construction to reach 200 billion yuan next year
China will invest 30 billion yuan in the civil aviation sector this year and the investment will reach 200 billion yuan next year, according to the Civil Aviation Administration of...
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