Retail sales： 17% ↑ during Spring Festival

China＇s retail sales hit RMB 340 bil- lion （US$49.8 billion） during the ＂golden week＂ of Spring Festival, up 17.2 percent over the same period of last year, the Ministry of Commerce （MOC） said on February 19.     

Retail sales： 15.8% ↑ in Nov.

China＇s retail sales rose 15.8 percent year on year to RMB 1.13 trillion （US$166 billion） in November, the National Bureau of Statistics （NBS） announced on December 11.     

China＇s fixed asset investment：28.8%↑in Q1

China＇s fixed asset investment in the first quarter rose 28.8 percent year on year to RMB 2.81 trillion（US$411.4 billion）, the National Bureau of Statistics （NBS） announced on April 16.     

FDI： 27.48 % ↑ in May

The amount of foreign direct investment （FDI） into China in May rose by 27.48 percent year on year to US$8.13 billion, said Yao Jian, spokes- man of the Ministry of Commerce （MOC）, June 12.     

China＇s imports from Africa： 167% ↑ in Q1

In the first quarter of this year, Chinese imports from Africa amounted to USS15.2 billion, up 167 percent, and bilateral trade amounted to USS27.8 billion, up 76 percent, said Xie Yajing, Chinese Commercial Counselor in charge of Western Asian and African Affairs, on May 26.     

Retail sales： 17.9% ↑ in Q1

China＇s retail sales, the main gauge of consumer spending in the world＇s fastest-growing economy, rose 17.9 percent year on year to RMB 3.64 trillion （US$532.56 billion） in the first quarter this year, the National Bureau of Statistics （NBS） said on April 15.     

Retail sales： 15% ↑ in first half year

China＇s retail sales in the first half year rose 15 percent to RMB 5.87 trillion （US$859.60 billion） from a year earlier, the National Bureau of Statistics （NBS） said on July 16.     

China＇s GDP：8.4%↑ in 2008

The financial statistics issued by People＇s Bank of China indicated that in 2008, currency credit loan reasonably increased, the financial system operated steadily and currency value of Renminbi was basically stabilized.     

China urban fixed-asset investment： 32.9% ↑ in first five months

China＇s urban fixed-asset investment in the first five months rose 32.9 percent year on year to RMB 5.352 trillion （US$787 billion）, the National Bureau of Statistics announced on June 2.     

China＇s import ＆ Export： 17.8%↑ in 2008

According to preliminarily statistics of Customs, China＇s total import and export in January through December in 2008 amounted to US$2561.63 billion, up by 17.8 percent on a year-on-year basis. Of which export was US$1428.55 billion and import US$1133.09 billion, up by 17.2 percent and 18.5 percent respectively. In December, total import and export in the nation reached US$183.33 billion, down by 11.1 percent. Of which export was US$111.16 billion and import US$72.18 billion, down by 2.8 percent and 21.3 percent respectively.     

Fiscal revenue： 28.4% ↑inOctober

China＇s fiscal revenue for October reached RMB 684.49 billion （US$100 billion）, up 28.4 percent compared to the same period last year, the Ministry of Finance announced on November 13.     

China construction Bank： net profit 34.1% ↑ in2008

China Construction Bank reported a net profit of RMB 92.6 billion （US13.6 billion） in 2008, up 34.1 percent year on year, with earnings per share up 33.3 percent at RMB 0.4, the bank said on March 27.     

Net profit of China＇s largest property developer up 30% in first nine months

China Vanke, the country＇s largest property developer by market value, said on October 25 that it raked in a net profit of RMB 2.96 billion （US$433.38 million） in the first three quarters of this year, up 29.9 percent year on year.     

China＇s retall sales up 23.3% in July

China is to cancel the decade-old administrative fees for in- dividual-owned businesses and market vendors from September 1. The cancellation was announced by the Ministry of Finance （MOF）, National Development and Reform Commission and the State Administration for Industry and Commerce （SAIC） in a joint circular on the MOF website.     

China＇s railway freight up0.3% in July

China＇s shipbuilding enterprises realized a total output value of RMB 300.6 billion （US$44 billion） in the first seven months of this year, Ministry of Industrial and Information Technology said on August 20.     

China＇s Textile Rose up 20% during 2005

China enjoyed an estimated 20% rise in revenue, profits and exports in 2005 despite trade rows with the US and the EU, according to a report from the China Chamber of Commerce for Import and Export of Textiles.     

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,