After a series of key conferences on the economy last year, China's reform framework and crucial areas have been hammered out clearly.
Though latest figures indicate China's economy might have lost some steam into the close of 2013, most economists are optimistic over the country's growth momentum in 2014, with consensus that the economy will expand by about 7.5 percent.
China's latest economic figures, especially the purchasing managers' index (PMI) in both factory activity and the services sector, indicated sagging momentum in December, with the country's growth softening slightly last quarter, economists said.
South Korea's Finance Ministry said on Friday that the country's economic growth was expected to exceed the global economy in 2014, the first in four years, due to solid exports caused by the global recovery.
South Korea's Finance Ministry said on Friday that the country's economic growth was expected to exceed the global economy in 2014, the first in four years, due to solid exports caused by the global recovery.
The dairy industry drove the New Zealand economy to its largest quarterly growth in almost four years in the quarter to the end of September, the government statistics agency said Thursday.
Different voices emerge to debate on whether it is a right time to take an action on tapering or not as the U.S. Federal Reserve announced on Wednesday that it will reduce its pace of bond purchases.
China's four-dimensional mode of economic growth focusing on safe, balanced, inclusive and green development,proposed at the central government's just-concluded work meeting, has grabbed global attention.
Global growth in 2014 is expected to move up a notch or two, and there are reasons for optimism about the U.S. economy, said Standard & Poor economists on Monday.
The Chinese mainland's luxury goods market has slowed from seven-percent growth in 2012 to around two percent in 2013, according to the "2013 China Luxury Goods Market Study" released on Tuesday in Shanghai. The survey, conducted by the international consulting firm Bain & Company, forecast that the country's luxury goods consumption will experience similarly slow growth in 2014.
Higher-than-expected growth in China's new RMB lending and total social financing in November indicates that China's liquidity conditions remain favorable for 7.5 percent or higher GDP growth, and the central bank is likely to maintain its monetary stance, economists said.
Lessons have been learned since the U.S. housing bubble burst and progress has been made in identifying problems sooner.
China's official evaluation system has abandoned GDP-obsessed assessments and puts more emphasis on public well-being and the environment.
China's fiscal revenue achieved rapid growth in November, partly due to its stabilizing economy, the Ministry of Finance said Wednesday.
China's exports grew faster in November thanks to Christmas consumption in Western countries and a recovering global economy, but pressure remains for future growth, experts said.
China's exports outperformed market expectations in November due to improved data in the United States and the European Union.
China stands out as a star performer amid the slowdown in the world's emerging markets, with its economy showing increasing signs of picking up.
简体中文
