China's parliament sets GDP growth at 8%
The 11th National People's Congress (NPC) of China, the parliament, started its first session in Beijing on Wednesday with the GDP growth rate this year targeted about 8 percent and CPI increase around 4.8 percent. Premier Wen Jiabao evaluated government work in the past five years as "mak...
+ MoreChina's shipbuilding tonnage up 30% in 2007
BEIJING, March 1 (Xinhua) -- China's shipbuilding tonnage jumped 30 percent to 18.93 million tons last year, the country's top economic planning agency said Saturday. China, the world's third-largest shipbuilder after the Republic of Korea and Japan, gra...
+ MoreChina produces 2.52 billion tons of raw coal in 2007
BEIJING, Mar. 3 (Xinhua)-- China produced 2.52 billion tons of raw coal last year, up 8.2 percent from 2006, according to the China National Coal Association (CNCA). The output of raw coal saw consecutive growth in the past five years. The output volume inc...
+ MoreChina auto tariff policy not violating WTO rules
Leading industry experts have defended China's auto imports tariff policy in the wake of a ruling by the World Trade Organization (WTO) which says the policy breaks its rules. China considers car parts as a whole vehicle if they account for 60 percent or more of the value of a whole vehicle, ...
+ MoreChinese Auto Output Hits Nine Mln Units in 2007
Chinese auto makers rolled out 9.04 million vehicles in 2007, up 22.9 percent year on year, said the country's top economic planner, the National Development and Reform Commission (NDRC). The figure included an output of 4.95 million passenger vehicles, an annual jump of 25 percent, Zhu Hong...
+ MoreChina Machinery Output Up 32% in 2007 to Record 7 Trln Yuan
The output of China's machinery industry rose about 32 percent in 2007 to a record level of more than 7 trillion yuan (958.9 billion U.S. dollars), according to figures released by the China Machinery Industry Federation (CMIF) on Wednesday. Officials at the CMIF said that it was the fifth consecuti...
+ MoreChina Exports $4 Bln of Farm Machinery in 2007
China exported more than 4 billion U.S. dollars of farm machinery in 2007, an increase of 50 percent year on year, an industry association said here on Wednesday. Output value of the country's farm machinery industry totaled 150 billion yuan (about 20.7 billion U.S. dollars), up 18 percent ...
+ MoreChina automobile imports up 30% in 2007
BEIJING, Jan. 13 (Xinhua) -- The number of automobiles imported to China was likely to reach 300,000 in 2007, up 30 percent year-on-year, China Trading Center for Automobile Import (CTCAI) forecast here Saturday. Ding Hongxiang, general manager of the CTCA...
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