First quarter growth figures will be released by the National Statistical Bureau in the middle of this month. The figures will certainly offer no great surprises; they are more or less predictable. China＇s official s...First quarter growth figures will be released by the National Statistical Bureau in the middle of this month. The figures will certainly offer no great surprises; they are more or less predictable. China＇s official statistics show that its economy rose by 9.9 percentage points last year. After the first quarter of this year it will be certainly less but probably not far below 9 percent, if at all. Predictions for the whole year vary from a still hefty 9.3 percent to as low as 8 percent. Whatever figure turns out to be true at the end of the year, it is a healthy one, economically speaking.展开更多
The end of the year is approaching fast, and this is usually reckoning time for national economies. The big questions are about growth, national GDP and GDP per capita. These are without doubt useful numbers but they ...The end of the year is approaching fast, and this is usually reckoning time for national economies. The big questions are about growth, national GDP and GDP per capita. These are without doubt useful numbers but they do not reveal the whole truth. In art economist＇s mind,展开更多
At the end of the third quarter, the Chinese economy is growing,to put it mildly, at a rather fast pace. However, at this stage of development even fast growth comes at a price. For one, the environment is a big probl...At the end of the third quarter, the Chinese economy is growing,to put it mildly, at a rather fast pace. However, at this stage of development even fast growth comes at a price. For one, the environment is a big problem. Another big issue is employment. Each year, the Chinese economy has to create millions of new jobs.展开更多
Not long ago, the State Council outlined the top priorities of China＇s current economic development. ＂The overall economic situation is good,＂ said Premier Wen Jiabao, adding thai the national economy is growing ＂...Not long ago, the State Council outlined the top priorities of China＇s current economic development. ＂The overall economic situation is good,＂ said Premier Wen Jiabao, adding thai the national economy is growing ＂fast yet steady＂. As the half year figures of China＇s economy show dearly, the economic situation is not only ＂good＂ but ＂very good＂. Not only is GDP growth more or less what could be predicted, but also consumption finally lived up to the expectations of economists and government officials alike. Investment, and above all foreign investment, is still very important, as are healthy exports. For sustainable growth, however, China needs an ever wider consumption pattern. This is exactly what happened in the past few months.展开更多
According to Chinese tradition, the beginning of the New Year is the time for every family to put its house in order and straighten out their business, finances, taxes or investments. The same is true for the nation. ...According to Chinese tradition, the beginning of the New Year is the time for every family to put its house in order and straighten out their business, finances, taxes or investments. The same is true for the nation. After January 29th, at the beginning of the Year of the Dog, everything has to be in place for a successful new year. For quite a long time already the central government h as outlined its macro-economic strategy and forcefully implemented measures in order to achieve the targeted results.展开更多
At the beginning of the Year of the Dog everything is in place for a successful new economic year. The main reason for an unremitting optimism is the new method by which economic figures are now evaluated in China.
May ist, the worker＇sday. The proletariat inChina has of course changed quite a bit in the pastdecades of reform and muchprogress has been made. Theremay still be lingering problems like work safety, unemploymentor p...May ist, the worker＇sday. The proletariat inChina has of course changed quite a bit in the pastdecades of reform and muchprogress has been made. Theremay still be lingering problems like work safety, unemploymentor pensions and health care, tomention just a few, but theseissues are being addressed onvarious levels by the national,provincial and local leadership.展开更多
The big question in economic and government circles is, once again, whether the Chinese economy with its high growth rate is overheating or not. Not long ago, leading Chinese economists warned of an imminent overheati...The big question in economic and government circles is, once again, whether the Chinese economy with its high growth rate is overheating or not. Not long ago, leading Chinese economists warned of an imminent overheating of the economy. They proposed some macro-economic and monetary measures, including greater flexibility in the currency exchange rate, in order to discipline the rapidly rising growth of investment and borrowing.展开更多
Zhuang Jian, a senior economist at the Beijing office of the Asian Development Bank was quoted by the China News Service as saying that a “continuous three-year GDP rate over 9 percent will lead to a 5 percent plus r...Zhuang Jian, a senior economist at the Beijing office of the Asian Development Bank was quoted by the China News Service as saying that a “continuous three-year GDP rate over 9 percent will lead to a 5 percent plus rise in the consumer price index, which most residents cannot bear.”展开更多
Close to the end of the third ,quarter, China＇s economy looks like to working out for the best of all worlds. Economists and bank analysts now agree that at the end of the year the GDP growth rate will reach at least...Close to the end of the third ,quarter, China＇s economy looks like to working out for the best of all worlds. Economists and bank analysts now agree that at the end of the year the GDP growth rate will reach at least 9 percent, with some even predicting a 9.5 percent growth. As a Chinese entrepreneur, however, you would have some caveats. The price level for raw materials, for instance, has risen and will further rise at a quite steep rate. This year, these price hikes will probably reach between three and four percentage points. Against expectations, profit rates have dropped, not helped by overcapadty in some industiies, tough regulations in various overheating sectors and the low price level of industrial products.展开更多
China＇s overheated economy has successfully softlanded. This at least is the verdict of Zhao Xiao, a resarcher with the Stateowned Assets Supervision and Administration Commission. ＂The strict macro-control policy h...China＇s overheated economy has successfully softlanded. This at least is the verdict of Zhao Xiao, a resarcher with the Stateowned Assets Supervision and Administration Commission. ＂The strict macro-control policy has scored remarkable achievements＂, said Zhao. He also suggested that the macro-control policy should slowly be changed from inflation-prevention as its basic goal to a policy of consistent deflation-prevention. Based on the consumer price index（CPI） and money supply statistics for May/June, inflation is not a threat anymore.展开更多
March is not only the last month of the first Quarter, it is also the month of the most important gathering in the capital Beijing. As every year, the National People＇s Congress （NPC） is called together and almost ...March is not only the last month of the first Quarter, it is also the month of the most important gathering in the capital Beijing. As every year, the National People＇s Congress （NPC） is called together and almost three thousand delegates from all walks of life and provinces will listen carefully to Premier Wen Jiabao＇s policy outline.In all probability, there will be no big surprises.展开更多
Almost at the end of the second quarter, China＇s economy is still sizzling, with GDP-growth way above the official government target of eight percentage points. However, at the end of 2005, urban unemployment stood o...Almost at the end of the second quarter, China＇s economy is still sizzling, with GDP-growth way above the official government target of eight percentage points. However, at the end of 2005, urban unemployment stood officially at 4.2 percent. Chinese experts reckon that the true figure is close to Io percent. Rural under and unemployment are two of the bigger problems.展开更多
Three quarters over, and the Chinese economy speeding ahead at arather expeditious pace. Exact figures of the National Bureau of Statistics are available only mid-October, but it is not too adventurous to predict that...Three quarters over, and the Chinese economy speeding ahead at arather expeditious pace. Exact figures of the National Bureau of Statistics are available only mid-October, but it is not too adventurous to predict that GDP growth at the end of September will have reached at least nine percentage points year-on-year. Is this good news for the Chinese and world economies？ Most probably it is, even though some Chinese economists and government leaders would have preferred to have a growth-rate slightly under 9 percent. A little bit more than a year ago, China began to cool down its econo- my, which was in acute danger of overheating. These measures had some healthy effects. However - as the State Development and Reform Commission （SDRC） observes - there is ＂still unreasonable investment structure and new,展开更多
文摘First quarter growth figures will be released by the National Statistical Bureau in the middle of this month. The figures will certainly offer no great surprises; they are more or less predictable. China＇s official statistics show that its economy rose by 9.9 percentage points last year. After the first quarter of this year it will be certainly less but probably not far below 9 percent, if at all. Predictions for the whole year vary from a still hefty 9.3 percent to as low as 8 percent. Whatever figure turns out to be true at the end of the year, it is a healthy one, economically speaking.
文摘The end of the year is approaching fast, and this is usually reckoning time for national economies. The big questions are about growth, national GDP and GDP per capita. These are without doubt useful numbers but they do not reveal the whole truth. In art economist＇s mind,
文摘At the end of the third quarter, the Chinese economy is growing,to put it mildly, at a rather fast pace. However, at this stage of development even fast growth comes at a price. For one, the environment is a big problem. Another big issue is employment. Each year, the Chinese economy has to create millions of new jobs.
文摘Not long ago, the State Council outlined the top priorities of China＇s current economic development. ＂The overall economic situation is good,＂ said Premier Wen Jiabao, adding thai the national economy is growing ＂fast yet steady＂. As the half year figures of China＇s economy show dearly, the economic situation is not only ＂good＂ but ＂very good＂. Not only is GDP growth more or less what could be predicted, but also consumption finally lived up to the expectations of economists and government officials alike. Investment, and above all foreign investment, is still very important, as are healthy exports. For sustainable growth, however, China needs an ever wider consumption pattern. This is exactly what happened in the past few months.
文摘According to Chinese tradition, the beginning of the New Year is the time for every family to put its house in order and straighten out their business, finances, taxes or investments. The same is true for the nation. After January 29th, at the beginning of the Year of the Dog, everything has to be in place for a successful new year. For quite a long time already the central government h as outlined its macro-economic strategy and forcefully implemented measures in order to achieve the targeted results.
文摘At the beginning of the Year of the Dog everything is in place for a successful new economic year. The main reason for an unremitting optimism is the new method by which economic figures are now evaluated in China.
文摘May ist, the worker＇sday. The proletariat inChina has of course changed quite a bit in the pastdecades of reform and muchprogress has been made. Theremay still be lingering problems like work safety, unemploymentor pensions and health care, tomention just a few, but theseissues are being addressed onvarious levels by the national,provincial and local leadership.
文摘The big question in economic and government circles is, once again, whether the Chinese economy with its high growth rate is overheating or not. Not long ago, leading Chinese economists warned of an imminent overheating of the economy. They proposed some macro-economic and monetary measures, including greater flexibility in the currency exchange rate, in order to discipline the rapidly rising growth of investment and borrowing.
文摘Zhuang Jian, a senior economist at the Beijing office of the Asian Development Bank was quoted by the China News Service as saying that a “continuous three-year GDP rate over 9 percent will lead to a 5 percent plus rise in the consumer price index, which most residents cannot bear.”
文摘Close to the end of the third ,quarter, China＇s economy looks like to working out for the best of all worlds. Economists and bank analysts now agree that at the end of the year the GDP growth rate will reach at least 9 percent, with some even predicting a 9.5 percent growth. As a Chinese entrepreneur, however, you would have some caveats. The price level for raw materials, for instance, has risen and will further rise at a quite steep rate. This year, these price hikes will probably reach between three and four percentage points. Against expectations, profit rates have dropped, not helped by overcapadty in some industiies, tough regulations in various overheating sectors and the low price level of industrial products.
文摘China＇s overheated economy has successfully softlanded. This at least is the verdict of Zhao Xiao, a resarcher with the Stateowned Assets Supervision and Administration Commission. ＂The strict macro-control policy has scored remarkable achievements＂, said Zhao. He also suggested that the macro-control policy should slowly be changed from inflation-prevention as its basic goal to a policy of consistent deflation-prevention. Based on the consumer price index（CPI） and money supply statistics for May/June, inflation is not a threat anymore.
文摘March is not only the last month of the first Quarter, it is also the month of the most important gathering in the capital Beijing. As every year, the National People＇s Congress （NPC） is called together and almost three thousand delegates from all walks of life and provinces will listen carefully to Premier Wen Jiabao＇s policy outline.In all probability, there will be no big surprises.
文摘Almost at the end of the second quarter, China＇s economy is still sizzling, with GDP-growth way above the official government target of eight percentage points. However, at the end of 2005, urban unemployment stood officially at 4.2 percent. Chinese experts reckon that the true figure is close to Io percent. Rural under and unemployment are two of the bigger problems.
文摘Three quarters over, and the Chinese economy speeding ahead at arather expeditious pace. Exact figures of the National Bureau of Statistics are available only mid-October, but it is not too adventurous to predict that GDP growth at the end of September will have reached at least nine percentage points year-on-year. Is this good news for the Chinese and world economies？ Most probably it is, even though some Chinese economists and government leaders would have preferred to have a growth-rate slightly under 9 percent. A little bit more than a year ago, China began to cool down its econo- my, which was in acute danger of overheating. These measures had some healthy effects. However - as the State Development and Reform Commission （SDRC） observes - there is ＂still unreasonable investment structure and new,
