In July, several high level officials publicly analyzed the current situation of the Chinese economy. They all called for continuing stimulus policies. In a meeting for Chinese diplomats on July 20, Premier Wen Jiabao said the global financial crisis has plunged the world into deep recession, and...
An academic at Tsinghua University believes rational policies will be introduced in stock market and property market. Li Daokui, director of the World Economy Research Center of Tsinghua University said the accelerated growth pattern of China's economy has begun. "The Chinese economy hit the ...
Hangzhou, the capital of Zhejiang Province, has already started or will soon start strictly enforcing the second-home mortgage policy that requires a minimum down payment of 40% of the total price and an interest rate 10% higher than the base lending rate, according to China Overseas Land & Investment...
Shanghai, July 8 (Gasgoo.com) In the first half of this year, the number of China's registered motor vehicles has reversed the slump from late 2008 and showed a sign of rapid growth, thanks to a series of stimulus policies for the auto market, said the People's Daily online.
China will uphold a moderately relaxed monetary policy to boost economic growth, while guiding reasonable growth in money supply and credit to control potential risk, said the monetary policy committee of the People's Bank of China (PBOC) on Thursday....
The Shanghai government, with the finance and customs departments, has been working out a policy to speed up tax rebates at the departure port of Shanghai's shipping center to accelerate the capital flow of export-oriented companies, sources reported....
The Beijing government on Tuesday announced new policies meant to encourage multinational companies to establish their regional headquarters in the capital. The new document detailing the favorable policies replaces a 1999 version. Rules regarding the implementation of the new policies...
The People's Bank of China, or the central bank, said in a statement that the country will continue its moderately relaxed monetary policy and keep sufficient liquidity in the banking system to satisfy the need of the country's economic development amid the global economic recession....
China will enact more policies to provide more support to export-oriented industries, said Jiang Yaoping, vice minister of Chinese Ministry of Commerce, on Friday. China will focus on improving trade financing environment, and supporting exporters in technology upgrades, said Jiang, without giving details.The vice...
The Japanese government has relaxed the visa policy on Chinese tourists and will allow residents in Beijing, Shanghai and Guangzhou, whose annual income exceeds RMB 250,000, to travel to the country on their own starting from this July, sources reported.Last year, Japan started issuing visas to Chinese...