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  • Domestic demand stressed to drive growth

    Wen Jiabao attends the opening plenary of the Annual Meeting of the New Champions 2009...

  • Chinese farmers' income expects 6% increased

    Chinese farmers' net income will rise 6 percent this year despite the prevailing financial crisis, said a report released by a government think tank Wednesday. The increase was slightly lower than that of 2008. In 2008, farmers' net income...

  • China's rural home appliance sales surge in March on subsidy

    The Ministry of Commerce said Wednesday that March sales of household appliances in rural areas surged more than 70 percent from February, as China's policy to offer subsidies to farmers for the purchase of such products began to pay off. C...

  • Guangdong sees signs of hope

    The governor of Guangdong sees a sliver of hope in the economic downturn. Gross domestic product (GDP) in the province, the country's largest contributor to the economy and trade, slowed to 5.5 percent in the first quarter of this year down...

  • local bonds of 3 bln yuan sold

    A total of 3 billion yuan (441.2 million U.S. dollars) of bonds of the Xinjiang Uygur Autonomous Region government were successfully sold to underwriters through bidding, said the Chinese Ministry of Finance (MOF) Friday. It is the first su...

  • China raises export rebate to spur growth

    China raised the export rebate on3,800 items to maintain growth, the Ministry of Finance and the State Administration of Taxation (SAT) said Friday. It was the sixth increase since last August when the government decided to raise refunds in...

  • China's private airline faces huge losses

    Six creditors have sent applications for the bankruptcy of East Star, one of China's private airlines, to the Intermediate People's Court in Wuhan City, capital of Hubei Province. Authoritative sources said Friday East Star will most likely...

  • China's economic reform in four key

    China's economic reform will focus on four key areas this year, which may lead to measures aimed to expand investment and reform pricing of resource products, a senior official said Thursday. The global international crisis has brought seve...

  • Australia upbeat for further FTA

    Australia is positive about future Free Trade Agreement talks with China, Australian Minister for Foreign Affairs Stephen Smith said here on Friday. We have shared aspirations when it comes to the Free Trade Agreement because it is in our r...

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