China’s Industrial Future

China’s economic statistics released in recent months imply that its economic slowdown may deepen. Three figures in particular are of concern to economists;those showing drops in growth of industrial value-added output, in the money supply,and in power generation. The growth of industrial value-added output is at a three-year low, having increased only 9.3 percent over a year. The narrow measure of money supply’s (M1) 3.1 percent year-on-year growth marks a record low, while the miniscule 0.7 percent growth of total power generation signals a scaling back of the country’s industrial activities.In a meeting at the end of May, Chinese     

A New Trend

正China's economic growth is stabilizing in the 7-8 percent range China’s gross domestic product(GDP)grew 7.8 percent in the third quarter,0.3percentage points higher than in the second quarter.Economic growth rate has been ranging from 7 to 8 percent since the second quarter of 2012.The fourth quarter of 2013 will be no exception.Therefore,the growth rate floating between 7 to 8 percent is not an accidental phenomenon but a periodical trend for the country.     

MARKET WATCH

OPINION Fiscal Pressure Is On In the first half of 2012, China’s GDP growth rate slumped to 7.8 percent. For the government, it also means a slowdown in     

China in the Financial Crisis

Since the World Bank forecast China’s 7.5 percent economic growth in 2009, the country has been bracing for an economic fall. Effects of the global fi nancial tsunami are apparent in China. The growth of the nation’s industrial added value stood at 5.4 percent, rather than the expected 7 percent, in November 2008 – the lowest growth since 1999. The US $189.89 billion import/export volume over the same period also represented a 9 percent drop compared with 2007. Pessimism pervades the large clusters of export-oriented     

Society

正China’s Energy Consumption Growth Slows Down The 2014 BP Statistical Review of World Energy shows that in 2013 China led the world in energy consumption.China used 22.4 percent of the world total,growing by4.7 percent,well below the 8.6percent average of the past decade.Meanwhile,China is also the world’s largest energy producer,providing 18.9 percent of global supply.Its No.1energy source is coal,which accounts for 47.4 percent of the global output.In line with the dip in consumption growth,growth in China’s energy production also fell to2.3 percent last year,far below the 7.4 percent average over the past 10 years.     

Enhancing the Quality of Growth

<正>The Chinese economy will continue to be the spotlight for world economic growth China’s GDP will maintain a growth rate of about 8.9 percent in 2012 said the annual economic blue book released by the Chinese     

2015’s Top 10 Business News Stories

<正>Resilient Growth Against Adversity After GDP growth leveled off at 7 percent during the first half and then dipped to a six-year low of 6.9 percent in the third quarter,China’s economy showed signs of rebounding in the fourth quarter.November saw the fastest monthly growth of consumer goods’retail sales and the second highest monthly growth of industrial value-added output this year.Despite the slowdown,experts claim that a growth     

Slower,Yet Promising

China’s economy grew 7.4 percent year on year in the third quarter of 2012,slower than the 7.6 percent growth in the second quarter and the 8.1 percent in the first, the National Bureau of Statistics (NBS) announced on October 18.     

China Rightto Set Lower Growth Target

THE reduction of China’s 2012 growth target to 7.5 percent from the eight percent of recent years headlined the international media coverage of PremierWen Jiabao’s report to the National People’s Congress. The announcement was greeted with fallson international stock markets - simultaneously reflecting China’s economic weight and a misanalysis by international markets. But the lowered target,which is justified by the global economic situation,is only the tip of the iceberg of complex short- and long-term challenges China is facing in its economic policy.     

Re-examining China＇s Economic Growth Momentum

正ACCORDING to the National Bureau of Statistics,China’s economic growth rates in the fi rst and second quarters of 2014 were 7.4 percent and7.5 percent respectively,lower than those of last year’s third and fourth quarters,which were 7.8 percent and 7.7 percent.Observers have started to question this economic trend:Is China headed for a recession?Judging by the growth rate,China’s economy does seem to be slowing down.But in fact,there is signifi cant sustaining potential and momentum behind the country’s economic growth,and factors like structural adjustment     

The Mini Decline Will Rebound

正More stable growth in foreign trade is on the cards Despite a year-on-year decline of 0.9percent in 2016,China has performed satisfactorily in trade in the first two months of this year,casting a hopeful light on the country’s foreign trade prospects for2017.According to statistics from the General Administration of Customs,the total value of China’s imports and exports amounted to3.89 trillion yuan($564.9 billion)in the first two months of 2017,up 20.6 percent year     

ECONOMY

<正>Exports and Imports China’s foreign trade rebounded at the start of 2017,with exports and imports both up significantly.Nonetheless,the rise of trade protectionism will put a damper on the growth of exports.China’s yuan-denominated exports rose 15.9 percent year on year in January,up from 0.6 percent in December,while imports increased25.2 percent,up from 10.8 percent,     

ECONOMY

正Growth in 2017China’s economic growth may continue to slow in 2017 to 6.5percent before possibly bottoming out in 2018,showed a report on November 21.As the economy showed signs of stabilization in the frst three quarters with a growth rate of 6.7 percent,the rate for the whole year may also register the same pace,according to the report by the National Academy of Development and Strategy at Beijing-based Renmin University of     

In the Midst of A Slowdown

正The Chinese economy is slowing down,albeit slowly.GDP growth slowed to 8.1 percent in the first quarter.In its latest China Quarterly Update released onApril 12,the World Bank projects China’s GDP growth will be 8.2 percent in 2012 and 8.6 percent in 2013.Edited excerpts of the update follow:     

PROSPEROUS YEARS AHEAD

正China’s growth outlook in the coming five yearsremains bright in spite of challenges Despite a slowing economic growth in recent years,observers are staunchly confident in the country’s potential and future."During the 13th Five-Year Plan(2016-20)period,China’s economy will grow between 6 and 8 percent annually,"said     

NUMBERS

正($1=6.9 yuan)$3.087 tln China’s foreign exchange reserves at the end of September, down 0.7percent month on month 24.8%Year-on-year growth of the total value of China’s government procurement in 2017 888.1 bln yuan Accumulated business revenue of China’s telecommunication industry in the January-August period,up 3.3 percent year on year 15.8%Year-on-year growth of German luxury automaker Audi’s sales in China in the f irst eight months of 2018     

The Road to 7 Percent

<正>Despite a further slowdown,China’s economy pins its hopes on efficient jobcreation,structural transformation and emerging industriesAfter leveling off at 7 percent for two quarters,China’s economic growth fell to 6.9 percent in the third,the lowest in six years,prompting concerns over a lukewarm future."Although China’s GDP growth dropped below 7 percent in the third quarter,the     

Realities and Opportunities——Chinese Private Enterprises in Africa

正IN recent years,growing numbers of Chinese enterprises have initiated investment in Africa.From2009 to 2012,China’s direct investment in Africa increased from US$1.44 billion to US$2.52 billion,with an annual growth of 20.5 percent.Over the same period,China’s cumulative direct investment in Africa rose from US$9.33 billion to US$21.23billion.Currently,over 2,000 Chinese     

Targets for 2018

正The First Session of the 13th National People’s Congress(NPC)opened in Beijing on March 5.On behalf of the State Council,Premier Li Keqiang delivered a report on the work of the government to the assembly,summarizing the government’s work over the past five years and laying out plans for2018.China’s GDP growth for this year has been set at 6.5 percent,a rate that refl ects the country’s demand for high-quality economic growth.     

TOP 10 ECONOMIC EVENTS

<正>1 Slower Economic Growth China’s economy grew 9.1 percent in the third quarter of this year, tapering off from 9.7 percent in the first quarter and 9.5 in the second. The slowdown is a result of voluntary quality-oriented growth moderation and came along with the ease of inflation pressures. The