China Daily Brief

June 9, 2009 by econobserver
Filed under: News Brief 
China Daily news Brief:
  • China-EU summit to focus on debt crisis (Publish: February 7, 2012)
    The 14th China-EU leaders’ meeting will be held on February 14 in Beijing, focusing on the current European debt crisis, bilateral ties and cooperation, Foreign Ministry spokesman Liu Weimin said on Tuesday.


  • DB: China railway investment target conservative (Publish: February 7, 2012)
    A senior economist of Detsche Bank (Asia China) said Tuesday the China Railway investment target for 2012 may be too conservative.


  • China to see slow power consumption growth (Publish: February 7, 2012)
    China’s electricity consumption growth will slow in 2012, as the world’s second-largest economy is expected to decelerate this year amid uncertainty in Europe and other developed economies.


  • Environmental impact needs assessment for major rail changes (Publish: February 7, 2012)
    The Ministry of Environmental Protection recently issued a notice saying if major changes happen to rail construction projects, the environmental impact should be reassessed, the People’s Daily reported Tuesday.


  • 19 provinces expect 10%-plus GDP growth in 2012 (Publish: February 7, 2012)
    About 19 provinces estimated their GDP growth rate will surpass 10 percent in 2012, higher than the expected 9 percent growth rate for China’s national GDP, www.cnr.cn reported Tuesday.


  • Slowdown concern slaps China’s stock market (Publish: February 7, 2012)
    China’s stocks fell on Tuesday, dragging the benchmark index down by its biggest daily loss in three weeks, over concern about a slowdown in the world’s second largest economy.


  • China to maintain stable industrial growth (Publish: February 7, 2012)
    The growth rate of China’s industrial value-added output will slow to 11 percent this year from 13.9 percent in 2011, forecast Zhu Hongren, chief engineer of China’s Ministry of Industry and Information Technology (MIIT), on Tuesday.


  • ChiNext Index ends 1.87% down - Feb 7 (Publish: February 7, 2012)
    The ChiNext Index, tracking China’s Nasdaq-style board of growth enterprises, declined 12.83 points, or 1.87 percent, to close at 673.68 points on Tuesday.


  • China stock index futures close lower - Feb 7 (Publish: February 7, 2012)
    China’s stock index futures closed lower on Tuesday, with the contract for February, the most actively traded, falling 1.51 percent to close at 2,464.2 points.


  • Russian chopper maker sets up China plant (Publish: February 7, 2012)
    Russian helicopter maker Rostvertol has partnered with a Chinese counterpart to set up a plant in northern China’s Hebei province.

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    • Information Excavating

      China’s markets have great potential and lots of uncertainties as well. The huge markets are very attractive to the wandering enterprises outside of China. In the mean time, there are unpredictable risks in those immature markets. After more than thrity years of exploration in market economy, China’s merchandise and service markets are experiencing unprecedented developments and changes, which are hard to infer with an authoritative model since there have never been such changes happened in other countries ever before. Besides, low transparency of China’s market policies, imperfection of rules and regulations, inaccuracy of statistical figures, and plenty of market loopholes cause difficulties for enterprises to make decisions.

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