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China overtakes US as leading FDI destination
17 january 2013 China has surpassed the United States for the first time since 2003 as the world’s largest recipient of global foreign direct investment in the first half of…
Confidence drops, as uncertainty continues
17 january 2013 A new international survey has suggested a marked dip in business confidence in China over the past six months, amid a global market still experiencing considerable volatility.…
Moderate pay rises predicted for HK workers
17 january 2013 Hong Kong’s workers are expected to receive pay increases of between 4.1 and 4.5 percent in 2013, virtually mirroring actual average pay increases of between 4.1…
Chinese lawmakers discuss report on SOE reforms
17 january 2013 BEIJING — State-owned enterprise currently submit 5 to 15 percent of state equity income to the government, senior economic officials said Thursday. SOEs operating in the…
Over half of China’s provincial areas raise minimum monthly pay
17 january 2013 BEIJING — Eighteen of the mainland’s 31 provincial-level regions raised the minimum monthly wage by an average of 19.4 percent year-on-year by September. The southern manufacturing hub…
China’s R&D spending hits record high
17 january 2013 BEIJING — China’s expenditure on scientific research and development reached a record high level in 2011, according to official data released Thursday. China’s expenditure on R&D…
China’s social insurance funds revenue up 24.6%
17 january 2013 BEIJING — The gross revenue of China’s social insurance funds totaled 2.04 trillion yuan ($323.68 billion) in the first nine months, up 24.6 percent from the same…
Private firms blooming in business
17 january 2013 Private enterprises fast becoming an important cog in China’s industrial transformation Private enterprises in China are playing an increasingly important role and fast catching up with their…
Preparing next generation’s inheritance
17 january 2013 Handing over the family firm can present challenges, say observers The best gift Chen Xiuqing believes he has given his daughter is to have sent her to…
Economic outlook brightens for China
17 january 2013 The government is likely to keep policies stable in the rest of 2012 Chinese economists bet that the central government may slow the pace of releasing new…
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