Xinhua News Brief
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China Daily Brief
China Daily news Brief: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.
A senior economist of Detsche Bank (Asia China) said Tuesday the China Railway investment target for 2012 may be too conservative.
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.
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.
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.
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.
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.
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’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 helicopter maker Rostvertol has partnered with a Chinese counterpart to set up a plant in northern China’s Hebei province.
China Radio International Brief
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Echinacities News
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The information excavating from China’s markets
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 twenty 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. As far as we see, it is helpful for decision-makers of enterprises to have more information from various channels so that they can have as many as possible the facts of the markets from different point of view, because, it is undeniable that the freeness of China’s economy has been continuously increasing, and nongovernmental forces have greatly accelerated the degree of openness and transparency of China’s markets through interview of the media, meetings, and intercommunication of enterprises. We can often see on different media that voices representing benefits of different groups, interviews with trueness and openness, thorough investigations of the markets and maneuverable researches, and distinct viewpoints and comments, which provide an access for us to see the reality of the markets. Therefore, Econobserver offers information excavating service, which will provide more useful information for enterprises that are trying to comprehend China’s markets all-sidedly, and will provide as abundant as possible market information of different level from different channels for enterprises