-- China takes lead in economic recovery.
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An overlook from the inside of Shanghai Global Financial Center which was open on Aug. 30, 2008.(Xinhua Photo)
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The government carried out a package of stimulus policies to invigorate ten key industries, namely steel, automobile, shipbuilding, petrochemical, textile, light industry, non-ferrous metal, equipment manufacturing, information technology and logistics industries, to cope with the global financial crisis. An annual economic growth of around 8 percent is expected to be achieved.
China makes great contribution to gradual recovery of world economy
UNITED NATIONS, Dec. 21 (Xinhua) -- "The outgoing 2009 will surely go into the history of world economy as a very extraordinary year, and China's performance in this year will be an outstanding chapter," a UN economic experts said here Monday in an exclusive interview with Xinhua.
Hong Pingfan, chief for global economic monitoring of the UN Department of Economic and Social Affairs (DESA), told Xinhua that China makes a great contribution to the world economic recovery by adopting effective policies. Full story
China is dynamo of world economy: ECLAC
SANTIAGO, Nov. 20 (Xinhua) -- China is a dynamo of the world economy and is playing a central role in helping a global economic recovery, said Alicia Barcena, executive secretary of the Economic Commission for the Latin America and the Caribbean (ECLAC), on Friday.
"China is part of the world trade of wheat, rice, soya, sugar and others, playing a very important role in the increase of those product exports. The same happens in the case of the minerals and oil," Barcena told Xinhua in an interview. Full story
China economy "slowing but resilient," HSBC report says
BEIJING, Sept. 3 (Xinhua) -- China's economy will maintain strong growth thanks to resilient investment and exports and the government's strong fiscal position, an HSBC report said on Wednesday. Full story
Special Report: Global Financial Crisis
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