Macro Economy

CPC Congress Begins Closing Session, New Central Committee to Be Elected

CPC Congress Begins Closing Session, New Central Committee to Be Elected

The 19th National Congress of the Communist Party of China (CPC) started its closing session Tuesday morning, at which a…

Oct 24, 2017
Xinhua
General Secretary Xi Jinping Corrects Forward Course of Party and Nation, Wang Qishan Says

General Secretary Xi Jinping Corrects Forward Course of Party and Nation, Wang Qishan Says

Comrade Xi Jinping’s report on behalf of the party central committee makes the major political judgment that socialism with Chinese…

Oct 23, 2017
CCTV
China’s Unemployment Rate Falls to 3.95% After Adding 10 Million Jobs This Year, Official Data Shows

China’s Unemployment Rate Falls to 3.95% After Adding 10 Million Jobs This Year, Official Data Shows

China’s unemployment rate fell to 3.95 percent in September, marking the lowest rate in recent years, Yin Weimin, Minister of…

Oct 23, 2017
Zhang Xia
China Will Keep Opening Up Foreign Exchange Management, SAFE Says

China Will Keep Opening Up Foreign Exchange Management, SAFE Says

China will maintain its strategy of opening up foreign exchange to the world and prevent risks caused by cross-border capital…

Oct 23, 2017
Xu Yanyan
GDP Expected to Top 80 Trillion Yuan This Year, Senior Official Says

GDP Expected to Top 80 Trillion Yuan This Year, Senior Official Says

China's GDP is expected to exceed 80 trillion yuan ($12.08 trillion) this year, with a growth rate possibly higher than…

Oct 22, 2017
China Daily
Governments Moot Free Yuan Circulation in Guangdong-HK-Macao, Says HK Official

Governments Moot Free Yuan Circulation in Guangdong-HK-Macao, Says HK Official

Relevant authorities in Hong Kong and mainland China are discussing the possibility of free circulation of China’s yuan in the…

Oct 20, 2017
Dou Shicong
Shanghai Highlights Its Plans for Free Port and Science Center

Shanghai Highlights Its Plans for Free Port and Science Center

Shanghai is planning a free port and striving to become a scientific innovation center with global influence, said city Party Secretary Han Zheng.

Oct 20, 2017
Chen Juan
Construction of Xiongan New Area Will Not Undermine Beijing’s Foundations, Assures Senior Official

Construction of Xiongan New Area Will Not Undermine Beijing’s Foundations, Assures Senior Official

No timetable has yet issued for planning the Xiongan New Area, said Chen Gang, deputy to the 19th Communist Party…

Oct 20, 2017
Liao Shumin
China Exclusive: 19th CPC Congress Marks New Historic Starting Point: U.S. Expert

China Exclusive: 19th CPC Congress Marks New Historic Starting Point: U.S. Expert

A leading U.S. expert on China studies said the ongoing 19th National Congress of the Communist Party of China (CPC)…

Oct 20, 2017
Xinhua
China’s Cross-Border Capital Flow Will Remain Stable, Forex Administration Says

China’s Cross-Border Capital Flow Will Remain Stable, Forex Administration Says

China’s cross-border capital flow will remain stable and not be affected by the US Federal Reserve shrinking its balance sheet,…

Oct 20, 2017
Tang Shihua
‘Twin Pillars’ Regulatory Framework Promotes Stable Currency, Finances, PBOC Vice President Says

‘Twin Pillars’ Regulatory Framework Promotes Stable Currency, Finances, PBOC Vice President Says

The “twin pillars” regulatory framework of sound monetary and macro-prudential policy is conducive to maintaining stable currency and finances, People’s…

Oct 19, 2017
Tang Shihua
China’s Funds Outstanding for Foreign Exchange Rise CNY850 Million in September in 23-Month First

China’s Funds Outstanding for Foreign Exchange Rise CNY850 Million in September in 23-Month First

The balance of yuan outstanding for foreign exchange (forex) held by the People’s Bank of China (PBOC) increased by USD128…

Oct 19, 2017
Liao Shumin

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