China Economic ReviewShenzhen plans to allow foreign investors access to about 20 categories of trade one or two years earlier than stated in China’s commitments to the World Trade Organisation, South China Morning Post said. The sectors include wholesaling, retailing and certain types of foreign trading. The announcement was made by Ye Minghui, director-general of the Shenzhen […]
Actual foreign direct investment in China in the first four months of this year totalled US$14.136bn, 29.1 per cent more than in the same period of 2001, according to the Ministry of Foreign Trade and Economic Cooperation. The rise in the first three months of the year was 27.5 per cent. Contracted foreign investment rose […]
China’s industrial output rose by 12.1 per cent year-on-year in April, according to the National Bureau of Statistics. The rise over the first four months of the year was 11.2 per cent year-on-year. Output of state firms was 10.9 per cent higher in April than in the same month of 2001, while foreign-invested firms’ output […]
in the broad measure of money supply, M2, slowed to 14.1 per cent at the end of April, down from the 14.4 per cent growth rate at the end of March, according to statistics released by the People’s Bank of China. The bank said that the slowdown was ‘appropriate for developing the national economy’ as […]
China’s retail sales in April grew by 8.2 per cent from a year earlier to reach Yn305bn, according to the National Bureau of Statistics, down from 8.3 per cent in March. Urban sales grew by 9.4 per cent year-on-year to stand at Yn192bn, while retail sales at the county level and below were up […]