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Wenzhou credit crisis eases up

Wenzhou’s credit crisis is under control and some of its closed enterprises have recovered operation. The city government promised to introduce more measures to improve the financial situation in Wenzhou…

Major areas show slower growth

A majority of China’s provinces and regions experienced a slower year-on-year economic growth rate in the first three quarters, with major boom areas leading the decline, official figures showed. Of…

HK to drive economic growth with innovation

With innovation and technology being recognized as one of the six industries in which Hong Kong enjoys clear advantages, the city’s government has introduced a number of measures on both…

Poor employment affects growth in China: Report

Employment quality in China is relatively low, which is a major reason affecting the quality of economic growth, says a latest report on the labor market. The report, released Saturday…

China to build bustling border in Xinjiang by 2020

China has worked out policies to transform two western border towns into key financial and manufacturing hubs connecting the country’s inland areas with neighboring central and south Asian countries, particularly…

China’s Oct CPI to ease to 5.5%

China’s consumer price index (CPI), a main gauge of inflation, will ease for a third consecutive month in October, economists said. China’s CPI is likely to fall to 5.5 percent…

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