WB： China＇s GDP Growth at 9% in 2005

The World Bank said China＇s economy is expected to grow by 9% in 2005, and about 8% in 2006. In its quarterly update on the country＇s economy, the China mission of the World Bank said the economic outlook for China ＂remains good＂ in a stable macroeconomic environment and with favorable financial conditions. ＂We now project （China＇s） GDP （gross domestic product） growth of 9% in 2005,     

Investment Returns of the Shanghai World Expo？

For China, Shanghai World Expo is the biggest international carnival after Beijing Olympic Games. It was nearly 150 years ago when the first World Expo was held in United Kingdom in 1851, and now it＇s China＇s turn to be the host country to exhibit the future development of mankind. However the large-scale investment of World Expo 2010 is controversial so far, followed by a question： what is the return of investment of the Shanghai World Expo？     

China＇s Auto Industry Accelerates to Go Global after Accession to WTO

The past decade, since China＇s accession into the World Trade Organization （WTO）, has seen a phenomenal growth in China＇s auto industry. With its automobile output surging from 2 million to 18 million,...     

Ten Years of China＇s Accession to the WTO and Changes of Global Multilateral Trading System

China＇s accession to the World Trade Organization has been for ten years. This paper reviews the reform and development after China＇s accession to the World Trade Organization. In the past ten years, C...     

World Bank： The Value of China＇s Economy Has Surpassed That of the U.K.

According to the survey by World Bank, China has become the fourth largest economy in the world. According to the two countries＇ economic aggregate data released by China and the U. K., the value of china＇s economy has surpassed that of the U. K.     

Biz-China

China＇s Securities Regulator Unveils Measure to Stabilize Market;FDI in China up 61Percent in Q1;Sinopec Predicts 50 Percent Degrease in Q1 Net Profit;China＇s Major Marketplace Sees First Drop in Export to U.S.in 3 Decades;HK＇s Total Goods Exports Increase 5.5 Percent February.     

Overseas Development of Chinese Industry：Enterprises ＋ Projects --The Second Session of＂China Overseas Investment Seminar＂ is Scheduled to be Held in Beijing November This Year

The second session of＂China Overseas Investment Seminar＂ will be held on November 2 to 3, 2010 in Beijing＇s China World Trade Centre. The seminar is organized by China Industrial Overseas Development and Planning Association.     

China＇s restrictions on resource exports consistent with WTO rutes： experts

China＇s curbing of exports of some raw materials to protect the environment and reduce its trade surplus is in line with World Trade Organization （WTO） rules, experts say in July.     

Sino-Japanese Economic Relations： A Chinese Perspective

The bilateral trade between China and Japan amounted to US$236 billion in 2007, reflecting an increase of 20.6 percent compared with the previous year, 33 times over the trade volume at the beginning of the reform and opening up. This vast volume and fast growth took place amid China＇s accession into the World Trade Organization at the end of 2001 and increased trade disputes between the two countries, not to mention recurrent foreign exchange rate fluctuations in international currency markets and somehow intensified fears in Japan of China＇s enhanced competitiveness.     

China＇s Port Industry：Competitiveness First!

Amid the global economic downturn, China＇s port industry has inevitably been affected, What should the government do to lift China＇s port industry out of hardship？ What lies ahead for China＇s port industry？ Professor Liu Bin, head of the World Economy Research Institute of Dalian Maritime University, took time to share his view with us.     

LIGHT INDUSTRY

Starbucks pushes China sales with local brew;China＇s foreign sales of furniture grow steadily;Latest report： China imports loss paper pulp in November 2008;McDonald＇s to open 175 new outlets in China, creating 10,000 jobs     

Summer Davos： We Have Confidence in China＇s Economy

＂In the last Winter Davos, when it was the most pessimistic period for the economy in North America and West Europe, Chinese Premier Wen Jiabao declared China＇s economic growth this year was targeted at 8 percent. That firm tone encouraged the whole world. And 8 months have been past, and we just see that China is exactly on the track to achieve this goal. We have confidence in China＇s economy. No doubtedly.＂ Jeremy Jurgens, Senior Director at the World Economic Forum and Head of the Annual Meeting of the New Champions and Community of Global Growth Companies expressed so in a World Economic Forum press conference in Beijing, September 3.     

CONTSTRUCTION

Plan to boost China＇s real estate sector ready for gov＇t approval;Senegalese president： China＇s projects＇perfect＇;CRCC gets railway contract in Libya     

REFORM in Progress

The World Bank （1997） once claimed that China＇s financial sector was the soft-belly in the economy. Financial sector reform has long been argued as neces- sary to raise efficiency in the use of the capital and in rebalancing the economy toward consumption-based growth, with- out which the country＇s growth sustain- ability is in jeopardy （see Lardy （1998）; Prasad （2007））. Indeed, not too long ago, China＇s state banks were deemed “techni-cally insolvent” and their survival hinged solely on the nation＇s abundant liquidity. However, after the launching of banking reform, strong profitability has returned to state commercial banks recently. The aim of this paper is not to evaluate the effect of banking reform on bank performance, which is better tackled after the completion of a full credit cycle. Rather, our aim is to take stock on the progress in reforming China＇s state banks by reviewing the banking reform strategy and analyzing their recent strong post-reform financial performance which, however, cannot be entirely separated from reform efforts undertaken thus far.     

Baidu Takes on Alibaba in China＇s Online Trading Sector

China＇s largest search engine company is to enter China＇s e-commerce market, in an effort to use its search ＇technologies and popular online communities to win a share of the personal online trading market dominated by Alibaba＇s Taobao.com.[第一段]     

China eager to invest in United States： diplomat

China hopes to increase investments in the United States, which will boost the country＇s economy and create jobs, said China＇s top diplomat to the US on October 25, according to China Daily.     

Call for Textile Economic Recover

Chinese textile industry is a traditional sector boasting of competitive strength in global market. It＇s such a common phenomena that Chinese tourists are very difficult in finding a piece of clothes without a ＂Made-in-China＂ label in overseas supermarkets and malls. Even at the first World Expo, it was 12 silk produced in Huzhou, China, that caused a great sensation and won the Gold Expo in 1851, for the white and flexible silk was able to load 700 copper wires. And don＇t need to mention the Silk Road, originated from China.     

World Steel Association：China＇s steel use to go down 5%

China＇s apparent steel use, predicted to see a five percent decline in 2009, will lead the recovery for the whole world with a total steel use decline of 14.9 percent, the World Steel Association said here on April 27. The World Steel Association （Worldsteel）, which represents 180 steel producers, national and regional steel industry, forecasted that worldwide apparent steel use is expected to decline by 14.9 percent to 1,018.6 million metric tons （mmt） in 2009 after declining by 1.4 percent to 1,197 mmt in 2008.     

China a major target of trade protectionism： Official

China is expected to overtake Germany as the world＇s top merchandise exporter this year due to a weak performance of the European economy, an official with the World Trade Organization said on July 23. WTO chief economist Patrick Low made the remarks at a two-day gathering of trade ministers from APEC economies in Singapore.