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The Economy

Experts' take on 7% GDP growth

Here are the some of the quotes from economic experts from home and abroad.

China to strictly regulate online commerce

China's market regulator said Monday the government will strictly regulate online commerce, amid a heated public dispute over China's largest online shopping platform Taobao.com which was found to match-make transactions of a great number of shoddy commodities.

China reforms business system to stimulate market

China will continue to reform its business system to ease government regulations for companies and inject vitality into the market, Zhang Mao, minister of the State Administration for Industry and Commerce (SAIC), said on Monday.
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Proposals from business tycoons

Have a look at the proposals from China's most influential business tycoons.
Xi urges Guangxi to get ready for Silk Road

Xi urges Guangxi to get ready for Silk Road

President Xi Jinping urged South China's Guangxi Zhuang autonomous region on Sunday to accelerate its opening-up, as the region's key role in the fast-advancing Silk Road initiatives has often been emphasized.

Chinese leaders stress efforts on poverty eradication

Chinese President Xi Jinping and other leaders on Sunday urged more efforts to be made on the nation's poverty eradication and faster development in areas with concentrations of ethnic minorities.

China to continue floating treasury bonds in HK

China will continue to issue yuan-denominated treasury bonds in Hong Kong Special Administrative Region (HKSAR), China's Finance Minister Lou Jiwei said Friday.
Proactive fiscal policy a must: minister

Proactive fiscal policy a must: minister

China's finance minister on Friday defended the country's moderately expansionary fiscal policy, saying it is a must in coping with downward pressures in its economy.

Top planner vows to tackle graft

The head of the country's top economic planning body has vowed to continue fighting corruption in the coming months following a series of scandals that hit the organization last year.

AIIB offer still open for Japan: minister

The offer of being a founding member of the Asian Infrastructure Investment Bank (AIIB) is still open but the ball is in Japan's court, said Chinese Finance Minister Lou Jiwei Friday.

Local gov't debt risk 'controllable'

The risk of China's local government debt is generally controllable, Finance Minister Lou Jiwei said Friday.

Minister denies 300-bln-Yuan gov't spending of public funds

China's Finance Minister on Friday denied rumor that the government spent 300 billion yuan (47.9 billion U.S. dollars) on public vehicles, receptions and trips.

China can deliver 7% growth goal: Justin Yifu Lin

China still has great economic development potential in many industries and can beat the growth target of around 7 percent this year, Justin Yifu Lin, former chief economist and senior vice president of the World Bank, said Friday.

Proactive fiscal policy a must amid: minister

China's finance minister on Friday defended the country's moderately expansionary fiscal policy, saying it is a must in coping with downward pressures in its economy.

Local gov't debt risk 'controllable': minister

The risk of China's local government debt is generally controllable, Finance Minister Lou Jiwei said Friday.
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