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  • Central Bank Seen Bringing Money Supply Nearer Aim
    12-07

    The central bank drained a net 43 billion yuan (US$5.3 billion) from the banking system this week as it tried to bring money supply growth closer to i...

  • Bank to Increase Loans to SMEs
    12-07

    Bank of Beijing promises here Thursday to increase 30 billion yuan (3.7 billion U.S. dollars) loans to the small and medium-sized enterprises (SME) in...

  • Economist Warns of Excessive Growth
    12-07

    Chinese economist Hu Angang suggested in one of his reports to be submitted to the central government that GDP index not be calculated for regions bel...

  • US Pleased with HK's Resumption of Beef Import
    12-07

    The United States was pleased with the resumption of beef export to Hong Kong, according to a news release by the Consulate General of the United Stat...

  • China's 1st 100-mln-ton Coal Base Debuts
    12-07

    China's first 100-million-ton coal production base has gone into operation in the Shenfu-Dongsheng coalfield, said the Economic Daily on Friday. T...

  • Beijing's Fiscal Revenue Expected to Top $11b
    12-07

    Beijing's fiscal revenue is expected to top 90 billion yuan (11 billion U.S. dollars) in 2005, up 20 percent over last year, the municipal finance...

  • Largest Sino-foreign Invested Project to Start Production
    12-07

    China's largest sino-foreign capital investment project, the petrochemical project off South China Sea has completed construction and will go into...

  • First Batch of Renminbi Traders Approved
    12-07

    China has approved its first batch of market makers for the trading of renminbi as part of further steps to make the exchange rate mechanism market-dr...

  • GDP Grows 9.8% in 2005
    12-07

    China's economy grew 9.8 percent in 2005, said Ou Xinqian, vice minister of the National Development and Reform Commission here Sunday. The commis...

  • China Lifts Coal Price Barrier for Power Co.
    12-07

    The National Development and Reform Commission (NDRC) said here Friday that the coal supply in 2006 will be enough to meet the market demand, therefor...

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