Posts Tagged ‘billion’

China: Growth of budget revenue for the first 5 months 2004

March 9th, 2010 | Tags: , , , ,
budget revenue in China totaled 1.197252 trillion yuan (148.6 billion), up 32.4% over the same period last year, said Wednesday Jing Renqing, Minister Chinese Finance.
revenues of central budget totaled 719.004 billion yuan and that of local authorities, 478, 248 billion yuan.
This strong performance, the minister said Jing, is due to booming national economy and improving [...]

China introduced more foreign capital

January 9th, 2010 | Tags: , , , ,
From January to May, China actually used 25.911 billion of foreign capital, up 11.34% over the same period last year, said Vice Minister of Commerce Ma Weihong at a press conference Wednesday.
85% foreign direct investment (FDI) have been placed in coastal areas, and the remainder in the central and western regions, especially in old industrial [...]

China will maintain the balance between imports and exports in 2004

January 8th, 2010 | Tags: , , , ,
China is able to maintain the balance between imports and exports this year as the country recorded a surplus in May, economists said.
According to statistics from the General Administration of Customs of China (ADC), China imported 2.13 million tons of steel in May, a drop of 30.2% yoy. According to figures provided by the ADC, [...]

Beijing: 52% increase in foreign investment

January 8th, 2010 | Tags: , , , ,
The Beijing Municipality has ratified the establishment of 694 foreign investment projects amounting to 4.75 billion dollars over the first five months of the year, it was learned the trade office of the city.
Promises investment amounted to 2.26 billion dollars and foreign direct investment (FDI) actually used totaled $ 1.27 billion, respectively, up 110% and [...]

China: 25.9 billion dollars of foreign investment from January drained

January 6th, 2010 | Tags: , , , ,
China has ratified 17 359 new foreign-invested enterprises, up 14.39% over the same period last year, it was learned from the Ministry of Commerce.
The contract amount was $ 57.241 billion dollars and that actually invested in China to 25.911 billion dollars, respectively, an increase of 49.76% and 11.34%, the source said.
China had a total end [...]

China slowdown in the pace of investment growth in fixed capital

January 6th, 2010 | Tags: , , , ,
From January to May last, the fixed asset investment in China reached 1 543.7 billion yuan (186.5 billion), up 34.8% over the same period last year last, but this growth rate is less than 8 percentage points over that recorded during the period from January to April last, announced Monday at the Beijing Bureau of [...]

China signs to Paris purchase contracts for two billion dollars

January 6th, 2010 | Tags: , , , ,
After the four-day visit to Paris from Vice Premier Zeng Chinese, China signed Friday with the France number of trade agreements and cooperation for more than two billion U.S. dollars, thereby enhancing their already strong links close.
The European manufacturer Airbus, based in Toulouse, has announced that the company signed with China Eastern Airlines contract order [...]

China retail sales up 17.8% in May

January 6th, 2010 | Tags: , , , ,
The Chinese economy continues to enjoy the momentum of consumption in May, when retail sales rose 17.8% year on year to reach 416.6 billion yuan (50.8 billion dollars).
The Bureau of Statistics (NBS) announced Friday that the sharp increase was attributable to a relatively low base compared with the same period last year. In May 2003, [...]

China: up 37.1% of foreign trade during the first 5 months of the year

January 6th, 2010 | Tags: , , , ,
Import and Export of China amounted to 423.84 billion dollars during the first 5 months of the year, an increase of 37.1% over the same period last year, according General Administration of Customs.
Of these, the source said, exports totaled 207.59 billion dollars and imports 216, 25 billion dollars. Machinery and electronic products valid from 113.59 [...]

Chinese banks reduce non-performing loan

January 1st, 2010 | Tags: , , , ,
The Chinese banking industry has reduced by 157.4 billion yuan (19.2 billion dollars) of non-performing loans in 2003, achieving a remarkable progress in the prevention of financial risks.
A Commission official from China Banking Regulatory suggested this weekend that bad debts were $ 2 400 billion yuan (292.6 billion dollars) in late 2003.
The non-performing loans accounted [...]