China released a detailed three-year plan to stimulate its nonferrous metal industry focused on industrial restructuring and technology innovation, the State Council, or the country's Cabinet, said here on Monday.
The nonferrous metal sector should keep a steady operation in 2009, and achieve a
Beijing reported 18.01 billion U.S. dollars worth of imports and exports in November, down 5.4 percent from the same month last year.
The negative growth is the first since August 2002, a source from Beijing Customs said Thursday.
The global financial crisis also pulled down the growth ra
Exports and foreign direct investment (FDI) both fell in November because of shrinking demand overseas, sending fresh signs of economic weakness and prompting calls for more measures to bolster the economy.
Exports dropped 2.2 percent to $114.99 billion last month, the first monthly decline in se
China's trade surplus fell 9.6 percent to 123.7 billion dollars in the first seven months of 2008 compared with a year ago, according to official figures released Monday.
The decline was partly due to policies aimed at shrinking the surplus, but higher imported energy and resource prices had also
Feeling the chill from the US subprime crisis, Chinese exporters such as Zhejiang New Oriental Fastener Company no longer take it for granted that their customers will pay them.
The company, whose 600 staff produce screws, nuts and bolts by the millions, has found that in an age of uncertainty it
"According to our initial judgment, 2007 was probably the peak point of the current Chinese economic growth curve. The growth rate from this year on will slow down gradually," Xu told China Economic Weekly, a magazine run by the country's mass-selling newspaper The People's Daily.
According to
It is imperative for the Chinese government to pay close attention to inflation pressure in the future, Su told a one-day forum on Sino-Indian financial cooperation.
Globally, due to the continuous depreciation of the U.S. dollar and strong growth of some emerging economies, prices of energy,
Ou told Xinhua during an interview that domestic banks and other financial institutions bear the brunt of the widespread U.S. subprime mortgage crisis, as those agencies' asset value and book earnings would dip to some extent.
"Currently the impact on domestic financial institutions is sti
China Foreign Ministry spokesperson Jiang Yu on April 8 introduced policies adopted by the central government on Tibet, saying the autonomous region's development was "better than ever".
The central government practices a regional ethnic autonomy system in Tibet Xizang, and guarantees the democra
It is one thing to be interested in Tibet, as most of my acquaintances are. It is another to have totally prejudiced views, which unfortunately is the case with most of them.(Tibet it XiZang)
Only a handful are honest enough to hold their opinions until they visit Tibet and see things with
