China steps on the gas to spark economy, Aug fiscal spending jumps 26%

Last Updated: Tuesday, September 15, 2015, 10:55

China cranked up its fiscal spending by 26 percent in August from a year earlier as Beijing tries to re-energise flagging economic growth and convince reluctant local officials to spend.

China economic growth sputters in August, more support measures seen

Last Updated: Sunday, September 13, 2015, 16:05

The downbeat data came on the heels of weak trade and inflation readings, raising the chances that third-quarter economic growth may dip below 7 percent for the first time since the global crisis.

China issues state-firm reform plans, expects results by 2020

Last Updated: Sunday, September 13, 2015, 15:55

The guidelines, jointly issued by the Communist Party`s Central Committee and the State Council, China`s cabinet, will help improve corporate governance and asset management, the official Xinhua news agency said.

China bank lending falls back in August

Last Updated: Friday, September 11, 2015, 17:08

China`s bank lending retreated in August, the central bank said Friday, after a sharp rise in July when the government directed funds into the stock market.

China deflation fears grow as producer prices sink most in 6 years

Last Updated: Thursday, September 10, 2015, 08:54

The producer price index (PPI) fell 5.9 percent in August from the same period last year, its 42nd consecutive month of decline and the biggest drop since the depths of the global financial crisis in late 2009, data showed on Thursday.

China capable of maintaining `high` growth: Li

Last Updated: Wednesday, September 9, 2015, 19:52

The Chinese government is capable of maintaining high economic growth, Premier Li Keqiang said on Wednesday, after fears the economy was slowing rocked global financial markets in recent weeks.

China announces multiple fiscal policies to boost growth

Last Updated: Wednesday, September 9, 2015, 18:35

China Wednesday announced proactive fiscal policies aimed at stabilising growth in the world's second largest economy as it grappled with industrial overcapacity, sluggish demand, struggling exports and a volatile stock market.

China plans new push to reform state firms: Reports

Last Updated: Wednesday, September 9, 2015, 18:27

China is preparing to unveil broad reforms for state-owned companies which will see some firms shut and others introduce more diversified ownership, according to media reports, in moves one analyst called a "game-changer".

Chinese premier seeks to quell global markets' China fears

Last Updated: Wednesday, September 9, 2015, 17:30

China has fended off the major risks to its financial system while its economic prospects remain positive, Premier Li Keqiang said on Wednesday, as he tried to reassure global markets that Beijing can keep its economy on track and stock markets in check.

China to step up fiscal incentives to boost growth

Last Updated: Wednesday, September 9, 2015, 16:39

China will adopt "stronger" fiscal policies to support growth, Beijing said as it seeks to sooth increasing fears about the world`s second-largest economy following turmoil in domestic and overseas markets.

China scraps dividend tax for long-term investors

Last Updated: Tuesday, September 8, 2015, 18:15

Chinese investors holding a stock for more than one year will be exempted from a 5-percent dividend tax from Tuesday, a move aimed at boosting long term investment following recent stock market collapse in the world's second biggest economy.

China August exports fall 5.5%, better than forecasts, but imports disappoint

Last Updated: Tuesday, September 8, 2015, 08:42

That left the country with a trade surplus of $60.24 billion for the month, the General Administration of Customs said on Tuesday, compared with forecasts of $48.20 billion.