简介:IthasbeenfouryearssinceChinaEx-port&CreditInsuranceCorpo-rationwasfounded.Undertheconcernofrelevantdepartments,thesupportofalltheenterprises,thescaleofcreditinsuranceforexportsupporthasexpendedrapidly.In2005,ChinaExport&CreditInsuranceCorporationsupportedforeigneconomyandtradeexportUS$21.2billion.ThefunctionofExport&CreditInsuranceinthedevelopmentofourforeigneconomyandtradeexportisshowingup.Automobileexportisoneofthemainfieldsthattheexport&creditinsurancesupportingthemachineryandelectricityexport,andcarryingoutthestrategyofprosperingtradethroughscienceandtechnology.Astheundertakerofthemissionthatthestatesupportstheexport,ChinaExport&CreditInsuranceCorporationwillmakeeveryefforttosupporttheinternationaliza
简介:Itisthemomentthecitytakesonitsyoungandbeautifullook.Itisthemomentthepeopledoeverythingtosurprisetheworld.Itisthemomentthewholecountryholdthebreath.The29thOlympicGamesisapproachinginBeijing.ItwillbeanextraordinaryOlympicGames,asthe1.3billionpeopleofChinaareallgetinvolvedinitwiththeirpassionforsports.Theywaitedinalonglineinfrontoftheticketpolls,andstayedupinthetentforthematchtickets;theyhappilytakethebusandsubwayinsteadofthecarsforthecleanair;andtheydovolunteerjobsinuni-formsfromdaytonightwithoutsinglewordofcomplaining...ThewholenationgivesherbestdefinitiontotheOlympicsprit.It'speople'sOlympics:it'severyone'sOlympics.
简介:Asoneoftheworld’smajorwatchproducers,China’stimepieceproductionranksfourthafterJapan,HongkongandSwitzerland.Chinaisalsooneoftheworld’slargesttimepiececonsumermarkets.Intheyearstocome,itispredictedthatthesalesvolumeofwatcheswillreach50millionpieces,andthatof
简介:WiththefastgrowthofChina’seconomyinthepastdozenyears,itsairlineindustryhasexperienceda20%averageannualgrowthrate.Bytheendof1994,theannualtotalmileagereached6millionton/km;thenumberofairroutesjumpedfrom162in1978toover600;thenumberoftransportaircraftstoodatmorethan300;andthemaiorflightforceisuptotheworld
简介:Facts&FiguresOnAugust26,1996,China’stotalvolumeofpublictelephoneexchangersexceeded100millionlines,surpassingGermanyandJapan,andcreatingtheworld’ssecondlargestphonenetworkbehindtheUnitedStates,asurgefrom17thin1985.In1998,thenumberoftelephonesubscriber...
简介:FromDecember1998toJune1999,theChinaMarketSupervisionundertheStateStatisticsBureauconductedsurveysontheconsumptiontrendsandlivesofChina’surbanresidentsamong5,000consumersin20cities,includingBeijing,Shanghai,Chengdu,Guangzhou,Wuhan,Naming,Qingdao,Dalia...
简介:Chinahassuccessfullytakenitsprimarystepsforwardinopeninguptotheoutsideworldinallrespects.ProfileofroutemapIn1949,rightaftertheestablishmentofthePeople'sRepublicofChina(PRC),overalleconomicblockageandembargoimposedbyothercountries,excepttheSovietUnionandeasternEuropeancoun-tries,separatedChinafromtheglobaleconomicandtradecommunity.Insuchacontext,ChinaCouncilforthePromotionofInternationalTrade(CCPIT)wasborninMay1952tofacilitatenon-governmen-taltradewithothercountries,Japaninparticular.
简介:AfiertheoutbreakoftheAsianfinancialcrisis,theissuewasraisedoverseasofrwhetherChinawouldbecomethenextdominoofAsianfinancialcrisis.AccordingtoMr.WangMengui,economistandDirectoroftheStateCouncilDevelopmentResearchCentre,China’seconomicdevelopmentisoptim...
简介:Inrecentyears,Shenzhenhasenjoyedasignificantupsurgeinoverseasinvestment,BytheendofAugust1993,Shenzhenhadapproved8.284foreign-fundedenterpriseswithcontractualforeigninvestmentofUS$10billion,andforeigninvestmentinactualuseofUS$5billion,rankingittopintermsofforeigninvestmentnationwide.ForeigninvestmentinShenzhenhasthefollowingfeatures:1.Thesizeofforeign-funded
简介:Theworldeconomywassuffereddramaticallyin2008,becauseofthefinan-cialturnaoil.Itispredictedthatinthenextyears,Chinaeconomicgrowthwillslowdown,and2009wouldnotbethebottom,buttheeconomyfunda-mentalisstillhealthy.Asoft'U'turncanbeexpectedinthefuture.Macro-economyTwoofChinaeconomicgrowthpillarengines,exportsectorandreal-estateindustryhavebeensignificantlyinfluencedbytheglobalfinancialcrisis,trendsofthistwosectorsshowthatChinacouldnotbeanexceptioninthiseconomictur-moil.Theglobaleconomicturmoilhasasignificantnegativeimpactontheexportgrowth,anddomesticimportsalsoslowdownsincedomesticdemandhasbeenweaken,(SeeChart1)Asoneofthepillarindustry,realestateindustrysufferedalotundernationaldeclinelastyear,withanationalaveragedropof4.7percentonhousingprice.(SeeChart2)Domesticfixed-assetinvestmentgrowthhasalsosloweddown.Chinabusinesscyclesignalindexshowsthatthemacro-economicshasbeenslowingdown,andaccordingtothehistoryofChina'seconomy,thisdownturnwouldlastatleast3years,2009wouldnotbethecyclebottom.(SeeChart3)Thebusinesscyclesignalindexisdecliningfrom117.3inMayto94.7inOcto-ber,thefirsttimetodropunder100from1992,meaningthemacroeconomichasbeenslowingdown,butisstillinthestablezonesofar.LookingbackatthehistoryoverChina'spast30years,economicgrowthcycli-caldownturnwouldlastatleast3years.StandardCharteredBank'slatestreportreducedChinaGDPforecastfor2008to9.6percent,apoor7.9percentin2009,andevenlowerat7.1percentfor2010.(SeeChart4)ChinaisbelievedtobeshieldedfromchaoslikeUS,andfinancialwoeshavelimitedimpactonChina.Thecountryhadrichresourcereserves,greatmarketpo-tential,vigorousenterprisesandthegovernmenthadstrongmacro-controlabilities.Themajorindicatorsareinhealthycondition,whichcanhelpChinagovernmenttofighttheeconomyturmoilin2009.