A DECENT KICK-OFF

正Growth in the first quarter indicates a favorable economic outlookUnder China’s"new normal"economic environment,its growth has decelerated to 6.7 percent in the first quarter.Nonetheless,economic indicators cast an optimistic light on future development."The growth is within the[Chinese Government’s]targeted range of 6.5-7     

A STRONG MANDATE

The CPC is poised to usher in a new era of China’s growth with leaders newlypositioned at the helm.Chinese Vice President Xi Jinping made his debut as the new leader of the ruling Communist Party of China(CPC) on November 15 with a strong mandate to continue the country’s economic     

Prospects in the Spotlight

<正>The quality of China’s economic growth is examined at the 2011 Summer Davos The Chinese economy is growing, but at a slower pace. Is this growth healthy and sustainable? The question was on the minds of many economists gathered in Dalian, capital of China’s northeast Liaoning Province, for the World Economic Forum (WEF), September 14-16.     

SLOWLY BUT SURELY

Despite more slumping growth in China, economic restructuring is progressing as plannedss For the past two years, China’s economy has slowed down. According to statistics released by the National Bureau of Statistics (NBS) on July 15, China’s gross domestic product (GDP) grewby7.6percentinthefirsthalfoftheyear. In the second quarter, the GDP growth was a mere 7.5 percent, the second lowest showing since the fourth quarter of 2010. But skeptics be warned: The slower growth doesn’t mean you can dismiss China’s economy just yet. NBS spokesman Sheng Laiyun says China’s economic     

Still Strong

<正>China’s economic prospect remains slick,though monetary tightening has slowed growth The Chinese economy is steering a stable course, though uncertainties are gathering over the growth outlook.China’s GDP in the first three quarters of 2011 grew 9.4 percent year on year to 32 trillion     

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.     

Why China Will Grow Rich Before It Grows Old

正THE announcement of the relaxation of China’s one child policy created great discussion in China and internationally.But its significance was widely misunderstood.Contrary to myth,the increase in China’s labor supply plays little role in China’s rapid economic growth.In reality,96 percent of China’s economic growth comes from factors other than a rising labor supply.Therefore,there is no reason why China’s economy should slow significantly because China’s working age population stopped growing in 2012.The mistaken view,sometimes expressed,that China will grow old before it becomes rich is therefore the reverse of the reality:China will grow rich before it grows old.To demonstrate clearly why,first the facts will be stated and then their implications analysed.     

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 Positive Signal

正The Chinese economy always receives attention from the international community.According to data released by National Bureau of Statistics on January 18,the Chinese economy maintained sound growth in 2017,better than expected.China’s economic development remains stable,ramping up confidence in global growth.There were some pessimistic views about China’s economy.Especially when China’s GDP growth went down in 2014,some international media and economists talked a lot about the bleak prospects of the Chinese economy.The latest data show that China’s economy grew 6.9 percent year on     

A Retrospective Look at 2012 China-EU Relations

IT’S a fact that underscores the rebalancing of the world economic order:The European Union is China’s Ilargest trading partner,and China is the European Union’s second-largest,after the United States.In 2012,China maintained relatively rapid economic growth,while the EU struggled over member states’debt crises.Though last year was not remarkable in terms of China-EU trade volume,it did see the     

China Seeks Economic Transformation

The financial crisis that started in the United States is spreading worldwide, and its impact on China’s economy is increasing daily. Difficulties and problems that accumulated in China’s long period of fast economic growth have gradually become apparent. Both the Chinese government and enterprises are considering how to transform and upgrade China’s economy through changing development mode and adjusting the industrial structure, while coping with the financial crisis. Therefore, guaranteeing economic grow...     

Transformation Through Structural Reform

正The 13th Five-Year Plan(2016-20)period is crucial in China’s modernization process,as is the year 2020 in terms of readjusting the country’s economic structure and transforming its growth pattern.At the same time,2020 also serves as the deadline for China’s completion of its goal to build a moderately prosperous society.The achievement     

Staying on Target

正Chinese economic growth is still within an acceptable range and is expected to pick up in the third quarter China’s economic growth continues to slow as predicted. According tofigures from the National Bureau of Statistics (NBS), China’s GDP grew by 7.6 percent in the second quarter, 0.5 percentage points lower than the growth in the first     

Pushing Quality Growth

正As usual,China’s annual Central Economic Work Conference,which was held on December 15-16,reviewed developments in the past year and outlined goals for the next.But this year’s conference grabbed special attention because it was the first of its kind since the new leadership of the ruling Communist Party of China came to power in November.A shift of focus from speed to quality in economic growth and a call for reform were the messages emitted from the conference.The new leaders pledged to stick to the guideline of transforming the country’s growth model while maintaining economic stability.They also emphasized that next year’s focus should be enhancing the quality and efficiency of economic growth.     

LETTERS

I was extremely gratified to read in the Sci-tech Info feature of January 2008 is- sue that so many people are joining in the effort toward sustainable development, China is the world＇s biggest developing country with the largest population, But its per capita resources are far from sufficient, China＇s fast economic growth emphasizes the conflict between de- velopment and the need to conserve the environment. Under current circumstances it is imperative that all of society takes precautionary measures. Transforming the pattern of economic growth is a fundamental matter of extreme urgency. We must deal appropriately with the relationships among economic and population growth, resource utilization and protection of the ecological environment, Building a harmonious society is a major issue of common concern that has direct bearing on the national economy and people＇s livelihood,     

A European Investment Boom?

<正>Chinese investors seek opportunities in Europe At present,Chinese investment in Europe is entering a period of rapid growth.China and the European Union(EU)are discussing how to dock their strategic economic development and investment plans together,Shen Danyang,spokesperson of China’s Ministry of Commerce,said at a press briefing in Beijing on July 7.At the China-EU summit in Brussels in     

ECONOMY

<正>Adjusting to Slower Pace Growth in China is expected to decelerate to 7.1 percent in 2015 and 6.9 percentby 2017,reflecting a growth trajectory that is slower but more balanced and sustainable——a"new normal"for the world’s second largest economy—according to the World Bank’s China Economic Update released on July 1."In the short run,the slowdown in China’s economic growth means the     

Mini-Stimulus to Fuel Reforms

正At the present time,China is in need of economic stimulus,a fact testified to by the struggling branches of some banks and the sluggish manufacturing industry.The country should no longer base its optimistic mood solely on the explosive growth of the information technology(IT)and e-commerce industries.Without the upgrading of its manufacturing sector,China’s economy will     

Keep Fit, Be Healthy

China’s obesity problem is attracting almost the same level of world attention as its phenomenal rate of economic growth. Today, 22.8 per- cent of China’s population is overweight, yet its rate of malnutrition is 20 to 30 percent, and in undeveloped regions is as high as 50 percent, according to statistics. Why is China facing the problem of obesity, com- mon in developed countries, when it is still a developing country with a high rate of malnutrition? Experts in the f ield attribute this …     

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