CHINA TOPIX

04/29/2024 01:45:17 am

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china economic growth

China to Expand High Speed Rail Network.

China Unveils Major Expansion Plan for High Speed Rail Network to Boost Economic Growth

The Chinese government has turned to high speed rail network to boost the country's fading economic growth rate. It plans to expand country's high-speed rail network to 30,000 kilometers (18,600 miles) by 2020.

China's economic growth will go further with the right tools. China's Premier Li Keqiang is shown here during the annual news conference following the closing session of the National People's Congress at the Great Hall of the People on March 16, 2016 in B

China Economic Growth Targets Achievable with Right Tools; Central Government To Develop Emerging Industries

China has the right policy tools to meet its economic growth targets, a top Chinese official said.

Xiao Yaqing, Chairman of State Owned Assets Supervision & Administration Commission

China to Consolidate State-Owned Firms to Prevent Massive Layofffs

China is planning to reorganize and merge the largest state-owned companies in the country in order to cut down overcapacity in the $18 trillion sector without seeing massive layoffs, a senior official revealed.

Proactive Fiscal Reforms

PBOC Urges Higher Fiscal Deficit Ahead of G-20 Talks

Executives and researchers at the People's Bank of China (PBOC) on Wednesday urged Beijing to tolerate a much higher fiscal deficit than its current ceiling allows, claiming cheap bank loans can no longer drive China's economic expansion.

South Africa, China

African Exports Plummet as China's Economy Dips

Africa's economy suffered last year fell as China experienced a recession. African exports to China decreased by almost 40 percent in 2015.

China Economy 2016

China's Economy to Grow 6.8% in 2016, Bank of China Says

Despite a volatile global environment and weak domestic market demand, China's economy will still be able to post growth of 6.8 percent next year, according to the Bank of China (BOC) Hong Kong Ltd.

Stable Growth

China's Unveils 2016 Economic Plan, Aims for Stable Growth

Chinese officials have unveiled the basic framework of China's economic strategy for in 2016, outlining a plan that focuses on ensuring a stable macroeconomic environment for Beijing's ambitious economic reform plans.

China's Stock Market Rebounds To 3,400 Points

Businessmen Hopeful for China's Economy

Despite recent challenges as reforms start to come into effect, China's economy is still viewed very positively by business analysts.

World Bank East Asia Pacific Update

World Bank Predicts Lower Growth Rate for East Asia in 2015

China's economic slowdown and an impending rise in U.S. interest rates will lead to lower growth in East Asia this year, according to a recent World Bank report. The East Asia Pacific Update, which was published on Monday, predicts that the region's economy will increase by 6.5 percent in 2015 - down a few points from 6.8 percent in 2014.

Super Rich Chinese

China's 'Super Rich' Citizens Increase to Record High

The number of 'super rich' Chinese citizens has increased to a record high in the past year. According to a recent report, many of these people got their wealth from the so-called "innovative industries."

Farming in China

Lowering Farming Income Poses Economic Drag To China

Times have changed in China's rural and farming areas evident with continuous lowering of agricultural income and increased migration of people to highly-urbanized cities.

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