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    Premier Wen stresses poverty relief

    17 january 2013 GUIYANG — Premier Wen Jiabao has urged greater efforts to alleviate poverty, preserve the environment and adjust the economic structure in Southwest China’s Guizhou province. Wen made…

    China’s development roadmap inspires Africa

    17 january 2013 BUJUMBURA — China’s development roadmap in the 1980s has yielded positive results, and it can inspire Africa and especially Burundi, an international relations expert said Wednesday. “I…

    Chinese banks not to attend Tokyo’s IMF-WB meeting

    17 january 2013   BEIJING — China’s major banks confirmed with Xinhua Monday that they will not attend the International Monetary Fund-World Bank meeting that opens Tuesday in Tokyo. The…

    Fairer income distribution hoped for in new policy

    17 january 2013 BEIJING — Experts have called for raised income levels and deepened reform in monopolized industries, as the country’s general plan for income distribution reform is expected to…

    Chinese economy faces challenges

    17 january 2013 China continues to face economic challenges and needs to reform its financial system in order to shore up economic growth, according to central bank governor Zhou Xiaochuan.…

    US allowed to observe Chinese audits

    17 january 2013 China and the United States have reached an agreement that will allow US authorities to observe official Chinese audits, Securities Times reported on Friday. The agreement is…

    China to be upper-middle income country by 2020

    17 january 2013 BEIJING — China will gain itself a position among “upper-middle income” economies by World Bank standards by 2020, an economics expert predicted Tuesday. China’s per capita GDP…

    Finance chiefs to skip Tokyo meetings

    17 january 2013 Absence seen as latest sign tension is spreading to economic relations The Chinese central bank governor and finance minister will skip the annual meetings of the International…

    China foreign trade growth target ‘will be missed’

    17 january 2013   Despite accelerated activity in September, China’s chances of hitting its annual foreign trade growth target this year were described as “hopeless”, according to a well-placed source.…

    China allocates $11b for subsistence allowances

    17 january 2013 BEIJING — China has set aside 69.6 billion yuan ($11 billion) from the central budget to pay for subsistence allowances to be given to needy rural and…