简介:FromDecember1998toJune1999,theChinaMarketSupervisionundertheStateStatisticsBureauconductedsurveysontheconsumptiontrendsandlivesofChina’surbanresidentsamong5,000consumersin20cities,includingBeijing,Shanghai,Chengdu,Guangzhou,Wuhan,Naming,Qingdao,Dalia...
简介:Chinahassuccessfullytakenitsprimarystepsforwardinopeninguptotheoutsideworldinallrespects.ProfileofroutemapIn1949,rightaftertheestablishmentofthePeople'sRepublicofChina(PRC),overalleconomicblockageandembargoimposedbyothercountries,excepttheSovietUnionandeasternEuropeancoun-tries,separatedChinafromtheglobaleconomicandtradecommunity.Insuchacontext,ChinaCouncilforthePromotionofInternationalTrade(CCPIT)wasborninMay1952tofacilitatenon-governmen-taltradewithothercountries,Japaninparticular.
简介:AfiertheoutbreakoftheAsianfinancialcrisis,theissuewasraisedoverseasofrwhetherChinawouldbecomethenextdominoofAsianfinancialcrisis.AccordingtoMr.WangMengui,economistandDirectoroftheStateCouncilDevelopmentResearchCentre,China’seconomicdevelopmentisoptim...
简介:Inrecentyears,Shenzhenhasenjoyedasignificantupsurgeinoverseasinvestment,BytheendofAugust1993,Shenzhenhadapproved8.284foreign-fundedenterpriseswithcontractualforeigninvestmentofUS$10billion,andforeigninvestmentinactualuseofUS$5billion,rankingittopintermsofforeigninvestmentnationwide.ForeigninvestmentinShenzhenhasthefollowingfeatures:1.Thesizeofforeign-funded
简介:Theworldeconomywassuffereddramaticallyin2008,becauseofthefinan-cialturnaoil.Itispredictedthatinthenextyears,Chinaeconomicgrowthwillslowdown,and2009wouldnotbethebottom,buttheeconomyfunda-mentalisstillhealthy.Asoft'U'turncanbeexpectedinthefuture.Macro-economyTwoofChinaeconomicgrowthpillarengines,exportsectorandreal-estateindustryhavebeensignificantlyinfluencedbytheglobalfinancialcrisis,trendsofthistwosectorsshowthatChinacouldnotbeanexceptioninthiseconomictur-moil.Theglobaleconomicturmoilhasasignificantnegativeimpactontheexportgrowth,anddomesticimportsalsoslowdownsincedomesticdemandhasbeenweaken,(SeeChart1)Asoneofthepillarindustry,realestateindustrysufferedalotundernationaldeclinelastyear,withanationalaveragedropof4.7percentonhousingprice.(SeeChart2)Domesticfixed-assetinvestmentgrowthhasalsosloweddown.Chinabusinesscyclesignalindexshowsthatthemacro-economicshasbeenslowingdown,andaccordingtothehistoryofChina'seconomy,thisdownturnwouldlastatleast3years,2009wouldnotbethecyclebottom.(SeeChart3)Thebusinesscyclesignalindexisdecliningfrom117.3inMayto94.7inOcto-ber,thefirsttimetodropunder100from1992,meaningthemacroeconomichasbeenslowingdown,butisstillinthestablezonesofar.LookingbackatthehistoryoverChina'spast30years,economicgrowthcycli-caldownturnwouldlastatleast3years.StandardCharteredBank'slatestreportreducedChinaGDPforecastfor2008to9.6percent,apoor7.9percentin2009,andevenlowerat7.1percentfor2010.(SeeChart4)ChinaisbelievedtobeshieldedfromchaoslikeUS,andfinancialwoeshavelimitedimpactonChina.Thecountryhadrichresourcereserves,greatmarketpo-tential,vigorousenterprisesandthegovernmenthadstrongmacro-controlabilities.Themajorindicatorsareinhealthycondition,whichcanhelpChinagovernmenttofighttheeconomyturmoilin2009.
简介:ToassistyouinopeningupChina’smarket,China’sForeignTradeprovidesservicesofChina’smarketsurvey.1.SupplyingwrittenreportsonChina’smarkets1)China’ssteelmarket,2)China’stimbermarket,3)China’scementmarket,4)China’snon-ferrousmetalsmarket,5)China’sfertilizermarket,6)China’scerealsmarket,7)China’sapplemarket,8)China’s