The increase in China's retail sales volume exceeded 20 percent year on year in the last eight months and is still accelerating, enough to sustain economic growth above 9.5 percent for the rest of the year, a HSBC report said. According to the... ...full story at People's Daily
from People's Daily on Tue, Aug 26 2008
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China's revenue up 33% in 1st half of fiscal year »
YouTube video Revenue collected by China grew thirty-three percent in the first six months of the fiscal year to three point five trillion yuan. That's much faster than the increase of fourteen percent for all of 2008 projected in the government's budget at the start... |
| 16 Sep 08 |
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ADB says China growth decelerating but remains strong » People's Daily The Asian Development Bank (ADB) said on Tuesday that China's economic growth would moderate to 10 percent this year from 11.9 percent in 2007 and ease further to 9.5 percent in 2009. The forecast in the bank's half-year report -- the Asian... |
| 27 Dec 07 |
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China's industrial profits climb 37% in first 11 months » People's Daily Chinese industrial firms saw net profits soar 36.7 percent year-on-year in the first 11 months of 2007, driven by the nation's double-digit economic growth and strong consumer spending. Combined profits at the industrial companies w ... |
| 16 Apr 08 |
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China's retail sales of consumer goods up 20.6% in Q1 » People's Daily China's retail sales of consumer goods in the first quarter rose 20.6 percent year on year to 2,555.5 billion yuan (about 365 billion U.S. dollars), the National Bureau of Statistics (NBS) said on Wednesday. The growth was 5.7 perce ... |
| 19 Feb 09 |
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China PC sales growth tempered by economic slowdown » People's Daily Sales of personal computers (PC) in China were up in 2008, however, the growth rate slowed, according to a report released here Wednesday. Last year, 32.19 million desktop PCs, laptops and servers were sold nationwide, up 15.2 percent year on year,... |
| 13 Jun 08 |
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China's retail sales up more than 21% in May » People's Daily China recorded 870.4 billion yuan (124.3 billion U.S. dollars) in retail sales in May, a growth of 21.6 percent on the same month of last year, the National Bureau of Statistics said on Friday. In the first five months of this year, ... |