China’s Response to Crisis - Biz - CCTV-9

Jul. 29, 2025
Weather

China's Response to Crisis

China to maintain trade stimulus after incentives pay off

China on Tuesday announced it will maintain its export stimulus measures to tackle more complicated trade conditions next year after their success in offsetting the effects of the global economic crisis.

China lists key industries to support

China´s industrial output should grow 11 percent for the entire year. That´s according to the Minister of Industry and Information Technology, speaking Monday morning at a work conference.

China wins applause as economic recovery accelerates

China´s economic data for November, with some key indicators beating market expectations, have sent clear signals that China´s economic recovery is accelerating and broadening.

China´s foreign trade to grow 15% next year: report

China´s foreign trade is projected to grow 15 percent next year, according to a report released by the China Institute for WTO Studies on Friday.

Venture capital to help small firms

A venture capital foundation has been launched to help relieve funding problems for small businesses in China.

Domestic needs drive textile industry

It´s been just over a year since the launch of the four trillion yuan fiscal stimulus plan, which lent assistance to 10 key industries. One of these was the textile industry.

China aims domestic consumption for stable growth in 2010

China is pledging to strengthen policies to encourage domestic consumption next year. The State Council made that decision at a regular meeting on Wednesday, presided over by Premier Wen Jiabao.

China aims high on consumer spending for sustainable growth

The Chinese government reiterated Wednesday that to spur "sustainable and fast consumer spending" will be a priority next year, as the world´s third-largest economy seeks to break from dependence on export and government pump-priming to drive post-crisis growth.

China´s banking authority reiterates credit quality, pace control after lending spree

China´s banking authorities vowed to step up efforts to improve credit quality, and keep credit expansion in reasonable pace after record lending, to echo government´s call to rebalance economic growth pattern.

China benefits from pro-growth policies in 2009

A cornerstone of China´s fiscal and monetary policies in the wake of the global financial crisis was a stimulus plan worth around 4 trillion yuan.

Chinese bailout plans take effects

The Chinese government implemented bailout plans for 10 sectors at the beginning of the year. Many of the nation´s industries then performed quite well in 2009.

Chinese official warns of overcapacity amid industry recovery

Senior Chinese officials Thursday warned of increasing industrial overcapacity, saying that expansion of some Chinese industries has outrun the growth of market demand.

Chinese minister: stability of RMB exchange rate good for world recovery

China will maintain the stability of its Renminbi (RMB) exchange rate all along, which does good for the world economic recovery, Commerce Minister Chen Deming said on Monday.

Official: China need more policies to boost consumption

Chinese vice commerce minister, Jiang Zengwei, says the world economy still has many uncertainties. To maintain the fast and steady growth of China´s economy, the country should focus on enlarging domestic consumer consumption.

Consumption stimulus to extend into 2010

Stimulus policies spurring domestic consumption will be maintained next year, while high sales growth of home appliances and automobiles due to the stimulus packages will not affect consumption in 2010, analysts predict.

2009 Global CEO forum focus on post recession economy

The past year and a half has witnessed remarkable changes in the world´s economic balance. Policy makers and business leaders are now talking about the post-recession and world economy.

China economy needs to be driven by household consumption

China´s economy needs to be driven by household consumption, Michael Spence, winner of 2001 Nobel Prize in Economics, said in Qingdao on Wednesday.

China allocates $73 bln central investment for economic stimulus plan

China has channeled 497.9 billion yuan (72.9 billion U.S. dollars) of central investment by September for the stimulus package to shore up the economy, a senior official has said.

China´s economy expected to grow faster in 2009: World Bank report

The World Bank on Wednesday raised China´s economic growth forecast for this year and projected sustainable and robust growth in 2010.

China´s overseas investment helps global recovery

China´s increasingly voracious investment in overseas markets is helping the global economy - and especially the economies of developing countries - recover from the financial crisis, according to several speakers at the First China Overseas Investment Fair Tuesday.

« Previous 1 2 3 4 5 Next »