Shanghai eliminates 2015 economic growth target

Last Updated: Sunday, January 25, 2015, 21:44

Shanghai eliminated its economic growth target for this year, the city`s mayor said on Sunday, as China works to shift its focus to qualitative goals with the economy slowing.

China should not be judged by GDP alone: Xi Jinping

Last Updated: Saturday, January 24, 2015, 20:26

Chinese President Xi Jinping Saturday said that China should not be judged by GDP alone, days after the country recorded last year's economic growth at 7.4 percent, missing the official target and slumping to a 24-year low.

China posts weakest annual growth in 24 years

Last Updated: Tuesday, January 20, 2015, 10:11

China`s economic growth held steady at 7.3 percent in the fourth quarter from a year earlier, slightly better than expected but still hovering at its weakest since the global financial crisis, keeping pressure on policymakers to head off a sharper slowdown.

China growth hit 24-year low in 2014: Survey

Last Updated: Sunday, January 18, 2015, 09:51

China`s annual GDP growth slowed to its weakest rate in more than two decades in 2014, according to an AFP survey, projecting further deceleration in the world`s second-largest economy this year.

China factory sector contracts to seven-month low

Last Updated: Wednesday, December 31, 2014, 08:51

The weak performance will add to the debate over whether Beijing needs to engage in more policy easing or fast-track market reforms to stimulate demand - or both.

'Slow growth may push China into economic transition syndrome'

Last Updated: Saturday, December 27, 2014, 14:31

As China's economic slowdown continued, the world's second largest economy faced the prospects of being trapped by "economic transition syndrome" of dependence on stimulus measures, an influential state-run think tank has warned.

China total GDP revised up 3.4% in 2013

Last Updated: Friday, December 19, 2014, 09:02

The world`s second biggest economy was valued at 58.80 trillion yuan ($9.5 trillion currently) in 2013, the National Bureau of statistics (NBS) said in a statement, quoting a survey of 70 million businesses across the country.

China December factory sector contracts for first since in 7 months

Last Updated: Tuesday, December 16, 2014, 08:32

A reading below 50 indicates contraction, while one above 50 points to expansion on a monthly basis.

China's economy to decelerate next year: Central Bank

Last Updated: Monday, December 15, 2014, 20:45

China's GDP growth will decelerate to 7.1 percent next year, the central bank Monday said confirming the slowdown in the world's second-largest economy amid speculation that it would miss this year's official target of 7.4 percent.

China admits downward pressures on economy, promises reforms

Last Updated: Thursday, December 11, 2014, 22:46

As China faced mounting pressures by decelerating economy raising doubts whether it could meet this year's official GDP target of 7.5 percent, top leaders Thursday admitted big "downward pressures" and assured to deepen reforms in nine areas to spur growth.

China GDP target in focus as stimulus expectations heat up

Last Updated: Sunday, December 7, 2014, 12:53

China is poised to cut its growth target for the first time in three years and ramp up stimulus as the economy comes under increasing downward pressure, analysts say ahead of a key policymakers' conference expected this week.