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  • China's automotive output hits 10 mln mark

        CHANGCHUN, Oct. 20 (Xinhua) -- China's production of automobiles since the beginning of this year hit 10 million units on Tuesday, making it the third country in the world to surpass the annual output mark, according to the China Association of Aut...
  • China's economic recovery to pick up momentum in 2010

        BEIJING, Oct. 19 (Xinhuanet) -- China's economy has passed the worst and recovery will pick up momentum next year, according to a prominent Chinese economist.    Yao Jingyuan, chief economist at the National Bureau of Statistics, identified Nov...
  • Cooperation to help lure tourists back

        BEIJING, Oct. 19 (China Daily) -- Slowly rebounding from a plunge in tourist numbers in the wake of the global economic crisis and the H1N1 flu, the tourism industries of China and the United States are hoping that collaboration will bring many hap...
  • Nearly 11,000 mainland tourists travel to Taiwan during National Day holiday

        TAIPEI, Oct. 12 (Xinhua) -- Nearly 11,000 Chinese mainland tourists traveled to Taiwan during the eight-day National Day holiday, with an estimated spending of about 760 million New Taiwan dollars (23.56 million U.S. dollars).     Taiwan-based...
  • Hummer CEO: confident in getting approval from Chinese government

        CHICAGO, Oct. 9 (Xinhua) -- After finalizing the agreement about the sale of Hummer, James Taylor, the Chief Executive Officer of General Motor's legend brand Hummer, showed his strong confidence that the deal will be approved by the Chinese gover...
  • China leads world's trade confidence index: HSBC survey

        JAKARTA, Oct. 5 (Xinhua) -- A latest HSBC Indonesia survey showed Monday that China is ranked the top in favorite trade partner list of Indonesian businessmen in the next three month.     According to the survey conducted by HSBC-hired survey ...
  • China to see 10% rise in domestic tourists: official

        HANGZHOU, Oct. 5 (Xinhua) -- A leading Chinese tourism official has predicted a 10-percent rise in the number of domestic tourists this year.     Shao Qiwei, director of China National Tourism Administration, said domestic tourists would top 1...
  • China retail sales boom in National Day Holiday

        BEIJING, Oct. 4 (Xinhua) -- China's retail sales hit 14 billion yuan (about 2 billion U.S. dollars) during the first three days of the National Day Holiday, up 15 percent from the same period of last year, the Ministry of Commerce said Sunday.  ...
  • China top contributor to world economic growth

        BEIJING, Oct. 3 (Xinhua) -- China contributed 19.2 percent of the world economic growth in 2007, up from 2.3 percent in 1978, a report by the National Bureau of Statistics (NBS) has said.     It said China tops the world in contribution to the...
  • IMF: China to lead Asian recovery with 8.5% growth in 2009

        ISTANBUL, Oct. 1 (Xinhua) -- The International Monetary Fund (IMF) projected on Thursday that China will grow by 8.5 percent this year and 9.0 percent in 2010, saying China will lead Asia out of the economic recession.     Recent indicators po...
  • China lowers gasoline, diesel prices

        BEIJING, Sept. 29 (Xinhua) -- China will lower gasoline and diesel prices by 190 yuan (27.8 U.S. dollars) per tonne from Wednesday, the National Development and Reform Commission (NDRC) announced Tuesday.     The benchmark price of gasoline wil...
  • Ford to build new plant in China to make next-generation Focus

        CHICAGO, Sept. 25 (Xinhua) -- Ford Motor Co. confirmed Friday that it is building a fourth plant in China to build the next-generation Ford Focus for consumers there.     The next-generation Focus, a global vehicle, will be revealed in January...
  • Vice premier stresses sustainable growth of auto sector

        BEIJING, Sept. 25 (Xinhua) -- Chinese Vice Premier Zhang Dejiang Friday urged the promotion of the sustainable and stable development of the auto sector with enhanced innovation, sector restructuring and a boost to auto parts manufacturing.    ...
  • Ford to build new plant in China to make next-generation Focus

        CHICAGO, Sept. 25 (Xinhua) -- Ford Motor Co. confirmed Friday that it is building a fourth plant in China to build the next-generation Ford Focus for consumers there.     The next-generation Focus, a global vehicle, will be revealed in January...
  • China's auto exports decline for 12 consecutive months

        BEIJING, Sept. 22 (Xinhua) -- China's auto exports have declined for 12 consecutive months since August last year because of a big contraction in the international auto market due to the financial crisis.     Starting from the second half of l...
  • China's 2009 GDP growth revised up to 8.2%

        BEIJING, Sept. 22 (Xinhua) -- The Asian Development Bank said Tuesday it had revised its forecast on China's year-on-year economic growth to 8.2 percent for 2009.     The new projection for this year is higher than the bank's previous forecast...
  • China's booming domestic travel offsets sluggish inbound tourism

        HANGZHOU, Sept. 21 (Xinhua) -- China's booming domestic tourism has offset the negative impact of a declining number of inbound travelers because of the global financial crisis during the first half of this year, an official said Monday.     H...
  • Chinese mainland sees rebound in inbound tourism in August

        BEIJING, Sept. 19 (Xinhua) -- Inbound tourism in the Chinese mainland rebounded in August after it fell for 15 consecutive months since May last year, the National Tourism Administration said.     The mainland reported more than 11.09 million ...
  • China to come out of economic crisis strong: analyst

        MOSCOW, Sept. 17 (Xinhua) -- China has fought off the economic crisis and will be among the strongest countries to weather the impacts, political analyst and Newsweek editor Fareed Zakaria said in an interview with Xinhua.     Zakaria, also a ...
  • China's growth generates opportunities for other countries, says European expert

        BRUSSELS, Sept. 16 (Xinhua) -- China's rapid economic growth has created opportunities for other countries, a Brussels-based European expert on EU-China relations and Chinese affairs said.     "Undeniably, China's transition has been the most ...