China's passenger vehicle (PV) market is entering a new phase with annual sales volume growth set to slow to single digits over the next decade, according to a report released by Fitch Ratings on Wednesday.
The latest round of state-owned enterprise reform measures, announced on Sunday, are a fresh signal of China's commitment to structural transformation.
Chinese industry and German industry will make their respective advantages complementary to each other through dynamic connection between "Made in China 2025" and "German Industry 4.0", according to experts and officials at a forum on the China (Guangdong) International Internet Plus Exposition in Foshan.
As Tony Abbott continued to flounder as Australia's prime minister, his dwindling popularity reflected in increasingly grim poll results, and the 2016 election began to loom large on the horizon, it was probably only a matter of time before a challenger emerged from the Liberal Party ranks.
Despite signs of stabilization in some economic indicators released on Sunday, China's economy needs more policy support to keep its head above water. Retail sales remained robust in August, posting a growth of 10.8 percent, up from 10.5 percent in July. Factory output in August grew 6.1 percent, up from the 6-percent rise in July.
The decline in tourism-related statistics in Hong Kong since this summer has prompted the region' s government and sector to pan out strategies to win visitors back.
"Cooperation on climate change is not only critical to the future of our planet, but a major milestone in the U.S.-China relationship," Los Angeles Mayor Eric Garcetti said Monday.
Dealing with the effects of climate change is an uphill battle that involves all nations, big and small, rich and poor. During his upcoming state visit to the United States in late September, Chinese President Xi Jinping and his U.S. host Barack Obama are likely to exhibit even stronger aspiration and resolution to help our planet, together with other countries, win the make-or-break battle.
China's new yuan-denominated lending is expected to increase in the next several months, according to Li Daokui, an economist at Tsinghua University.
Technology transfer is key to the South American nation's development of production capacities.
Consumer prices in China hit the highest level this year while deflation risks in industrial production loomed larger, signaling a need for continued easing policies.
Chinese President Xi Jinping's upcoming state visit to the United States and his meeting with U.S. President Barack Obama are of "great significance" to both countries and the world at large, Ezra Vogel, a professor emeritus at Harvard University, has said.
The stock index futures market is caught in “severe winter” by the precipitate policies. China Financial Futures Exchange put forward the strictest control measures to stem over-speculation on Sept. 2, which made it difficult for index arbitrage, high frequency trading and even hedging and significantly hit most quantitative hedge products.
China's pork prices, which has been rising for three months straight, led China's consumer price index (CPI) to grow 2.0 percent in August from a year ago, up 0.35 percentage point from July, and higher than average market expectation of 1.9 percent.
Foreign media reported that the economic slowdown in China has affected the automobile, iron and steel as well as other traditional pillar industries. It even affects Alibaba Group Holding Limited (NYSE: BABA), a leader in the emerging industries.
The volatility of the stock market in recent months has eclipsed a much more subtle transition that has geared China's economic growth toward consumption.
Although growth uncertainties abound home and abroad, China has plenty of policy options -- especially on the fiscal front -- to put the economy on track to deliver the around 7 percent annual target.
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