Special Report: NPC, CPPCC Annual Sessions 2008
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Press conference on economic and social
development and macroeconomic regulation is held by the First Session of
the 11th National People's Congress (NPC) at the Great Hall of the People
in Beijing, capital of China, March 6, 2008. (Xinhua Photo)
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Ma Kai, Chinese minister of National
Development and Reform Commission, answers a question from journalists
during a press conference on economic and social development and
macroeconomic regulation held by the First Session of the 11th National
People's Congress (NPC) at the Great Hall of the People in Beijing,
capital of China, March 6, 2008. (Xinhua Photo)
Photo
Gallery>>> |
BEIJING, March 6 (Xinhua) -- China's macroeconomic
regulation in the past five years was "effective" and promoted a fast yet steady
growth of the economy, development chief Ma Kai said on Thursday. Full story
BEIJING, March 6 (Xinhua) -- China clearly feels the
pressure of inflation posed by structural price increases but is determined to
keep its CPI rise at around the 4.8-percent target set for this year, top
planning official Ma Kai said Thursday. Full story
BEIJING, March 6 (Xinhua) -- China's top macro-economic
planner Ma Kai said here Thursday that the country's "trade surplus will last
for another period of time," but the key question is not the existence of
surplus itself, but whether it is the result of fair play and beneficial to both
sides of the international trade. Full story
BEIJING, March 6 (Xinhua) -- The further impact of U.S. subprime mortgage crisis on China's economy and monetary policy cannot be underestimated, central bank governor Zhou Xiaochuan warned Thursday. Full story
BEIJING, March 6 (Xinhua) -- China's interim price
intervention announced in mid-January is necessary and in accord with the law,
said Ma Kai, the top macro-economic planner on Thursday. Full story
BEIJING, March 6 (Xinhua) -- China's top macro-economic
planner Ma Kai said here Thursday that the recent snow and ice storms had
limited impact on the country and would not change the fundamentals of the
economy. Full story
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Chinese Finance Minister Xie Xuren
answers a question during a press conference on economic and social
development and macroeconomic regulation held by the First Session of the
11th National People's Congress (NPC) at the Great Hall of the People in
Beijing, capital of China, March 6, 2008. (Xinhua Photo)
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BEIJING, March 6 (Xinhua) -- The Chinese government will
seriously consider adjustment of taxation policy in the capital market, said
Finance Minister Xie Xuren here on Thursday.
"We have taken notice of comments on the Internet
regarding the adjustment of capital market taxation, and we are seriously
considering it," said Xie at a press conference held on the sidelines of the
parliamentary session, in response to a question about whether the government
will reduce the stock trade stamp tax. Full
story
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Zhou Xiaochuan, governor of the People's
Bank of China, answers a question from journalists during a press
conference on economic and social development and macroeconomic regulation
held by the First Session of the 11th National People's Congress (NPC) at
the Great Hall of the People in Beijing, capital of China, March 6, 2008.
(Xinhua Photo)
Photo
Gallery>>> |
BEIJING, March 5 (Xinhua) -- A faster appreciation of
Chinese yuan may help control inflation, but cannot become the major means of
curbing inflation, said China's top bank official. Inflation control still
rely mainly on the government's polices, including tight monetary policies, said
Zhou Xiaochuan, head of the People's Bank of China (PBOC), the central bank, at
a press conference held during the annual session of China's top legislature. Full story
BEIJING, March 6 (Xinhua) -- The Chinese mainland is
willing to provide more convenience in currency exchange for people on both
sides of the Taiwan Straits, central bank governor Zhou Xiaochuan said Thursday.
Full story
BEIJING, March 6 (Xinhua) -- China will stick to the
policy of facilitating Chinese citizens' overseas investment, said an official
here on Thursday. "China will continue to lift restrictions on overseas
investment of its citizens through various channels," said Zhou Xiaochuan, head
of the People's Bank of China (PBOC). Full story
BEIJING, March 6 (Xinhua) -- China's central bank governor
Zhou Xiaochuan said Thursday there is room for interest rate increase, but
domestic and international factors need to be considered before an
adjustment. Full story
