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Macro-economy

5.5% of China's labor force work in sharing economy: report
  Release time: 2017/09/19 16:41:00
The market value of the internet-based sharing economy exceeded 2 trillion yuan($305.8 billion)in 2016, with more than 50 million people working in the sector, said a report released by the National Development ...

EU may cut back on foreign direct investment
  Release time: 2017/09/19 16:41:00
Such a move was proposed last week by EU President Jean-Claude Juncker.Juncker's proposal for a new investment screening framework is expected to grant EU members the power to interfere with foreign direct inves...

China to focus on improving product, service quality
  Release time: 2017/09/13 17:04:00
The traditional competitiveness of the economy has been waning, and the issue of structural supply-demand imbalance has become prominent.With an insufficient supply of high-end products and services, great effor...

Shanghai’s housing market stays weak in August
  Release time: 2017/09/12 17:29:00
The index for occupied homes, which monitors month-over-month prices in 130 areas, dipped 0.23 percent to 3988 in August from July, the Shanghai Existing House Index Office said yesterday.The average cost of pre...

Merger to complete end of year
  Release time: 2017/09/12 17:29:00
China National Building Material Group Co said today that it will complete merging with China National Materials Group Corp(SINOMA)by December or January next year.The merger was first unveiled in August last ye...

Booming A-share market expected to throttle back
  Release time: 2017/09/08 17:18:00
The investment firm bet on reform-related sectors, including State-owned enterprises(SOEs), flagship businesses in heavy industries and green stocks that align with the country's structural reforms.Despite slowi...

US deficits prompt Trump to threaten global trade
  Release time: 2017/09/07 16:41:00
Ever earlier, Trump has threatened to withdraw from bilateral or multilateral free trade agreements.He has repeatedly threatened to terminate the North American Free Trade Agreement and clamored to use trade rem...

China's pollution-ridden province keeps close watch on air pollutants
  Release time: 2017/09/07 16:41:00
Since the beginning of this year, Hebei provincial environment protection department has ordered several cities to install devices to collect air pollution data, aimed at setting up a province-wide network.Handa...

Li urges coal sector to dig out new economic drivers
  Release time: 2017/09/05 17:27:00
Coal mines that are closed during China's push to cut overcapacity should transform their old economic drivers and offer better assistance to miners needing job relocation, Premier Li Keqiang said on Monday.

China's supply-side economic reform gains steam
  Release time: 2017/09/04 17:48:00
He Lifeng, head of China's National Development and Reform Commission(NDRC), made the remarks when presenting a report to the ongoing bimonthly session of the National People's Congress(NPC)Standing Committee.By...

China's trade with BRICS countries up 26%
  Release time: 2017/08/31 18:04:00
Trade volume between China and BRICS countries increased 26 percent year on year to hit$167.07 billion during the January-July period, MOC spokesperson Gao Feng said at a press briefing.As of the end of July, Ch...

Merger set to generate new power giant
  Release time: 2017/08/30 17:41:00
China's major power generator China Guodian Corporation and coal producer Shenhua Group proposed a merger of their coal power assets, setting up a joint venture company worth 54.4 billion yuan($8.24 billion).

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