Chinese Premier Li Keqiang said here Wednesday that the world's second largest economy is not heading for a hard landing.
The improvement of the quality and efficiency of the Chinese economy and its upgrading make important contributions to maintaining the stability and healthy development of the world economy and finance, Chinese Premier Li Keqiang said here Tuesday.
It is understandable that China's recent economic data have sent jitters through world markets.
Chinese Premier Li Keqiang is expected to deliver a clear message of confidence in the Chinese economy at Annual Meeting 2015 of the prestigious World Economic Forum to be held in Davos, Switzerland later this week.
The Chinese economy is now undergoing rebalance from debt-fuelled investment towards consumption -- a process that might hurt growth, but will secure a solid foundation for sustainable development in the interest of both China and the world economy\.
China has launched a new round of comprehensive and deep reforms in economic, political, cultural, societal and ecological fields, which will not only consolidate the foundation for the "Chinese dream," but also provide cooperation opportunities for other countries and the whole world at large.
French President Francois Hollande is scheduled to meet German Chancellor Angela Merkel in Strasbourg on Jan. 11.
Countries should take advantage of the cheap oil prices to put their fiscal house in order to tackle the slowing world economy, the World Bank Chief Economist Kaushik Basu said Wednesday, cautioning that many countries would fall short of fiscal ammunition if hit by a deeper crisis.
Countries should take advantage of the cheap oil prices to put their fiscal house in order to tackle the slowing world economy, the World Bank Chief Economist Kaushik Basu said Wednesday, cautioning that many countries would fall short of fiscal ammunition if hit by a deeper crisis.
When setting the growth target for 2015, China's Guangxi Zhuang Autonomous Region made it clear two mindsets should be avoided: one is the blind pursuit of expansion, the other allowing the economy go under on the pretext of a "new normal".
China's recent economic data signaling slower growth have led some observers to warn of possible distress after more than three decades of breathtaking, double-digit growth.
The expected low economic growth combined with the dim world economy prospect are main concerns for Turkey in 2015, experts said on Saturday.
U.S. consumer sentiment rose to the highest level since January 2007, based on improving economy, job and wage prospects as well as falling gasoline prices, the Thomson Reuters/University of Michigan data showed.
Owing to the fall in global oil prices, Nigeria, Africa's largest economy, has begun to slow down, causing a review and austerity measure regime to be envisaged by government, an expert said in an exclusive interview with Xinhua, as the West African country fights hard against recession.
The German Federal Economy Ministry said on Thursday that the country's economy was slowly regaining its momentum after a contraction in summer months, although the recovery was still not very dynamic.
The recent mumbles by many that "China is exporting deflation" across the world does not conform to fact.
Thai Prime Minister Prayut Chan-o- cha on Wednesday left for Busan, South Korea, to attend the ASEAN- South Korea Commemorative Summit 2014 to mark the 25th anniversary of the establishment of bilateral relations.
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