China＇s Energy Mix

To realize China＇s modernization of economy,two approaches are indispensable-further industrialization and urbanization.But neither can we get to without sufficient energy supply.The problem is how we will deal with the increasing demand for energy.[第一段]     

China＇s Trade Surplus Hits New High

China＇s automobile production and sales both shot up 25% in the first eight months of the year, the China Association of Automobile Manufacturers said on September 8. The country produced 4.64 million vehicles between January and August, an increase of 25.37%.     

CSSC to build China＇s biggest ship parts supply base

Housing price in 70 major Chinese cities rose 1.6% year on year, the lowest increase this year, according to data released November 11 by the National Development and Reform Commission and National Bureau of Statistics.     

Prof. Wu Xiaoqiu： China Is Striving for the World＇s Most Developed Capital Market

China＇s capital market is a hot issue in the new year. The best strategy to develop the Chinese capital market in the coming 15 to 20 years was discussed in the China Capital Market Forum, which was held in China at Renmin University on January 13. Government officials, scholars, and entrepreneurs commented that by 2020, the Chinese capital market will develop into one of the best capital markets in the world, not only in terms of size, but also asset quality, liquidity and dynamic trade. Is this a realistic goal？ What steps should we take to pursue this target？ With these questions in mind, after the forum, China＇s Foreign Trade interviewed Prof. Wu Xiaoqiu, Vice President of Renmin University of China, and the Director of the Finance ＆ Securities Institute of Renmin University.     

China＇s Economic Soft-landing Faces Two Tests

The rise of these prices will bring the pressure of inflation to China‘s economy. However, because the food and industrial price has a small increase, it will alleviate the pressure of inflation.     

China to beworld＇s bigges luxury goods market

China will rank as the world＇s biggest market for luxury goods in five years, a blue paper on China＇s commercial development from 2009 to 2010 released in Beijing on May 19 said.     

China＇s Capital Market： Could it be the Best in the World？

＂The share-list of China＇s stock market this year is bound to reach 3000 points.＂ ＂Before or after the Beijing Olympic Games, another upward fluctuation of the stock market is sure to emerge in China.＂ ＂The latest statistics show that the total market value of the Shanghai and Shenzhen stock market have surpassed the mark of 10 trillion RMB, surpassing 50% of GDP.＂ ＂Having successfully completed the reform of China＇s stock market, China has achieved a full revolution.＂     

Int＇I IT Fair Opens in Northeast China

The Fifth China International Software and Information Service Fair opened in Dalian, a port city in northeast China＇s Liaoning Province. More than 700IT businesses, including Lenovo, Intel, Siemens and Toshiba, from home and abroad are demonstrating consumer electronics, integrated circuits. IT outsourcing and consultancy, digital entertainment and other services and products at the fair, which covers 30,000 square meters.     

China＇s Macroeconomic Picture in 2008

In general China's economic develop- ment has basically been good until now. In 2007,China's economic growth rate stood at 11.9%,while in the first quarter of this year,this rate maintained 10.6% growth,as national fiscal revenue increased by 35.5% compared with the same period     

China＇s publishing industry reaching out

When people think of temples, they usually associate them with religion and culture. But China＇s famous kung fu shrine in Henan Province has become a hot business topic, eliciting both surprise and criticism.     

Key to reform China＇s financial system

China has an underdeveloped banking system with relatively lowquality service, but the system might be blamed most for its lack of small- and medium-sized banks （SMBs） and regional capital markets.     

China＇s Economy on the Track of high-Speed Development

In 2003, the tax revenues of China had topped the high point of RMB2,000 billion for the first time, which has increased by RMB300 billion compared with that of the year before.After going through SARS and serious natural disasters, China has made such an outstanding achievements, which indicates that Chinese economy has already entered into the track of high-speed coordinated development.     

＂I Won＇t Invest in China＇s Real Estate＂ -- Can Behavioral Economics Save the Capital Bubble？

＂I cannot see clearly when the real estate bubble in China will burst. However, there is certainty that housing prices will swiftly fall, and China can learn the lesson from the 1980s＇ real estate market in Japan＂ said Professor Robert.J.Shiller, ＂I don＇t want to put my judgment as a foreigner on the Chinese people, however, the housing price is obviously too high in some big cities. My suggestion is that since income is in an overall down- ward trend, the housing price should be much lower. Although income will grow as time goes by, the value of Chinese houses should not reach that of London and New York for another 20 to 30 years. Currently, the soaring housing price in China is like a bubble. Personally, I will definitely not buy or invest in property in China.＂     

How Do China＇s Economic Policies Work？

All the indicators of China＇s economic data in the first half of 2008 have shown that the fast growth is not going to translate into overheating. But given the complicated economic .situation now, it remains a headache to maintain a steady economic growth. What challenges will there be in China＇s economic development in the second half of this year＇？ And what policy would be the key to the problems＇？     

China＇s Regional Autonomy

China is a vast country with a long history and splendid culture. One reason for this is that the Chinese nation consists of many ethnic groups. They have lived, procreated, struggled and made creative achievements on this land for several thousand years. China is a big family consisting of 56 ethnic groups. Whilethe Hart ethnic group has the largest population, the population of the other 55 ethnic groups is relatively small, so they are customarily referred to as “ethnic minorities.”     

UNEP lauds China＇s contribution to green economic development

The United Nations Environment Programme （UNEP） has hailed China＇s contribution to the promotion of bio-diver- sity and green economic development.     

China＇s first index futures contract ends smoothly

China is facing increasing pressure from capital inflows due to increasing foreign direct investment and capital brought in by commercial banks, its foreign exchange regulator said on May 15.     

China＇s Reaulation on the Amount of Registered Capital and the Period of. Investment for the Foreign Investors

China has specific regulations on the minimum registered capital and period of investment for the foreign investors to set up enterprises within the territory of the People＇s Republic of China.