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Economy
November-10-2012
- China's power consumption to double by 2020
- China's total power consumption is estimated to double by 2020, said Liu Zhenya, general manager of the State Grid Corporation of China, the country's largest grid operator, on Saturday.
November-10-2012
- China's sovereign wealth fund eyes neighboring markets
- China's sovereign wealth fund will invest more in neighboring markets to buffer the impact of sluggish world economy, Europe's debt crisis and the U.S. fiscal cliff, said chairman of the China Investment Corporation (CIC) on Saturday.
November-10-2012
- NDRC: China able to attain 7.5% GDP growth
- The Chinese government is confident of achieving the 7.5-percent economic growth target this year despite the current slowdown, head of China's top economic planner said in Beijing Saturday.
November-10-2012
- Minister warns of grim trade situation
- Chinese Minister of Commerce Chen Deming on Saturday warned of lingering pressure on the country's foreign trade from weak global demand, rising domestic costs and growing trade protectionism.
November-9-2012
- Wenzhou to reveal details of financial reform
- The detailed rules of the pilot financial reform scheme in Wenzhou, Zhejiang province, will probably be unveiled this month, the city's Party secretary Chen Derong said during a session of the 18th National Congress of the Communist Party of China.
November-9-2012
- Transport boost for Tibet
- Southwest China's Tibet autonomous region will speed up construction of its transport network in coming years to boost the flow of passengers and goods, a senior regional official said on Thursday.
November-9-2012
- China to keep current monetary policy in 2013
- China will keep its current monetary policy next year as the Chinese economy shows signs of improvement, Zhou Xiaochuan, the governor of China’s central bank, said Thursday in Beijing during the 18th National Congress of the CPC.
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