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Conditions for China to launch emission rights trading scheme premature

A senior official of China’s top economic planning body said Wednesday that conditions for the country to launch a carbon emission rights trading system remain premature. “China has yet to…

Tougher measures to cool property

New measures to curb rising real estate prices, including raising down payments for home purchases and expanding property tax trials nationwide, were launched on Sept 29 highlighting the government’s resolve to cool…

China in stable growth mode

Manufacturing accelerated in China for a second straight month in September, adding to signs the fastest-growing major economy is stabilizing after policy makers curbed lending in an effort to avert…

Industry looking up as HSBC PMI rising

HSBC Holdings, Europe’s biggest bank, announced Wednesday that China’s Purchasing Managers’ Index (PMI) for the manufacturing sector rose to 52.9 in September, one percentage point higher than the PMI of…

China still a developing country: top legislator

China’s top legislator Wu Bangguo says the country is still a developing country despite remarkable economic growth over the past 30 years. Wu, chairman of the Standing Committee of the…

China welcomes WTO ruling on US ban on Chinese poultry

China welcomes the final ruling by the World Trade Organization (WTO) expert panel that the US ban on imports of Chinese poultry is inconsistent with WTO rules, said Yao Jian,…

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