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China to issue urbanization layout in 2013
China is likely to roll out a layout this year to guide the country's urbanization drive to advance in an "orderly and healthy" way, a senior economic official said Wednesday.
China's top economic planner defends macro-economic policy
The head of China's top economic planner on Wednesday defended the government's economic policy as a means of effectively defusing a crisis and maintaining high growth momentum over the past five years.
China to reform gasoline pricing mechanism
China's top economic planner said Wednesday the country is studying a new fuel pricing scheme to make it reflect the global markets' oil price fluctuations more swiftly.
China RMB 'very close' to equilibrium
The value of China's RMB yuan has been very close to its equilibrium and its exchange rate will continue to be stable this year, Yi Gang, deputy governor of the People's Bank of China, the central bank, said Wednesday.
China expected to issue 4G licenses this year
China is expected to start licensing telecom operators to offer services on its fourth-generation (4G) mobile phone network within 2013, a senior official has said.
China's chief economic planner 'confident' in economy
China's chief economic planner said on Wednesday that the country's 7.8-percent economic growth in 2012 should be evaluated "positively" and he is confident about the overall economy in the long run.
Li Daokui: China to face constant inflation pressure
China will face inflation pressure in the next five to ten years, stated renowned economist and CPPCC National Committee member Li Daokui.
More local governments borrowing this year
China will allow more borrowing by local governments as part of a surging fiscal deficit this year, which may be a long-term mechanism to stimulate growth and promote urbanization, experts said.
Chinese to continue to invest abroad
China's outbound investment is expected to grow by 15 percent this year, according to a report issued on Tuesday by the National Development and Reform Commission.
China stresses farmers' property rights in land transfers
China included farmers' property rights into its government report for the first time Tuesday, suggesting enhanced protection of their rights amid the country's frequent land transfers.
2013 M2 growth forecast lowered: top banker
The 13-percent expected growth for China's broad money supply (M2) in 2013 is not a target but a forecast, the country's central banker said on Tuesday afternoon.
Property conundrum to test government's resolve
Amid the public's calls for the government to stabilize housing prices, Premier Wen Jiabao said China will "firmly rein in" speculative and investment-driven housing demand.
China's real estate market reacts to new measures
China's real estate market has actively responded to a series of measures aimed at controlling housing prices issued by the State Council, China's cabinet, on Friday.
Wen stresses concrete action in addressing environmental woes
Chinese Premier Wen Jiabao stressed Tuesday that the government should adopt effective measures to prevent and control pollution in response to people's expectations of having a good living environment.
Wen suggests new gov't expanding domestic demand
Chinese Premier Wen Jiabao on Tuesday advised his succeeding government to "unswervingly"take expanding domestic demand as the government's long-term strategy for economic development, given the "fundamental" role of consumption and the "key" role of investment in driving economic growth.
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