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Balance of loans in Shanghai rises at end of May

SHANGHAI, June 18 (Xinhua) The balance of loans in Shanghai stood at 9.86 trillion yuan (about 1.5 trillion U.S. dollars) at the end of last month, up 10 per

2nd LD-Writethru: China s retail sales up 3 3 pct in Q1

BEIJING, April 18 (Xinhua) China retail sales of consumer goods, a major indicator of the country consumption strength, went up 3.3 percent year on year in t

2nd LD-Writethru: China s fixed-asset investment expands 9 3 pct in Q1

BEIJING, April 18 (Xinhua) China fixed-asset investment saw steady growth in the first quarter (Q1) of this year, bolstering overall economic growth, officia

China front-loads transfer payments to steady local finance: ministry

BEIJING, March 23 (Xinhua) China has earmarked 400 billion yuan (about 62.9 billion U.S. dollars) of transfer payments to help local governments handle press

China s fiscal spending spree to be bolstered by very special 1 trillion yuan payment from central bank

Payment of 1 trillion yuan (US$158 billion) will give Beijing more cash to work with as it shuns overblown stimulus measures but aims to increase the national gross domestic product (GDP) by 5.5 per cent this year.

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