China publishes first GDP rating system

The Chinese Academy of Sciences published the country's first quality assessment system for GDP on Friday. It shows that Beijing and Shanghai came first and second in China in terms of their gross domestic product (GDP) quality in 2010.

The two cities are followed by eastern Zhejiang Province, northern Tianjin Municipality and eastern Jiangsu Province, according to the report.

The report, which focuses on China's scientific development, is the first one to sequence the country's provincial-level regions based on their GDP quality.

 Beijing, Shanghai enjoy highest GDP quality in China

 GDP rating system a world first

"On the way forward, we must firmly carry out the central task of economic development and stay committed to pursuing scientific development."

 "In contemporary China, only development counts, and this calls for pursuing scientific development. We should take scientific development as the goal and give priority to accelerating the shift of model of economic development. "

 "We also need to place more emphasis on the following efforts: putting people first; promoting comprehensive, coordinated, and sustainable development; taking all factors into consideration when making overall plans; carrying out reform and opening up; and ensuring and improving the people's wellbeing. " << Full text

------ Speech by President Hu Jintao at a grand gathering marking the 90th founding anniversary of the CPC

 China's GDP growth

 China's GDP growth sees moderate slowdown

 BEIJING, July 13 (Xinhua) -- China's economic growth rate is decelerating, and many officials and analysts believe the moderation is healthy and will not lead to a hard landing.  Full story 

 GDP slower but better 

 Beijing's gross domestic product (GDP) growth rate was slower than the rest of the country in the first half of this year. Full story

  ADB warns on slowdown

  IMF lauds global role played by economy

  World Bank projects China's GDP growth at 9.3% in 2011

  Chinese GDP share of world's total jumps to 9.5 pct: NBS  

 China strives for green growth

 Wen calls for efforts to save energy, reduce emissions

 China's green growth

 China soon to issue full plan to reduce carbon intensity

 BEIJING, July 29 (Xinhuanet) – China will soon release detailed plans on ensuring that its goal for reducing carbon intensity from 2011 to 2015 is attainable, and it has started looking at technical options for cutting carbon dioxide emissions after 2020. Full story 

  China steps up energy saving, emission reductions

   China needs to provide more support for green economies

  China will strive to meet emission reduction target: official

  China pledges its urbanization drive to be low-carbon

  China leads Asia in clean energy, says UN official

  Western China embraces green-mode development

  UNEP lauds China efforts toward Green Economy

 Analysis

 China should say no to blood-smeared GDP: People's Daily

BEIJING, July 28 (Xinhua) -- China's flagship newspaper, the People's Daily, says China should say no to a "blood-smeared GDP," while commenting on the fatal bullet train crash.

The commentary, titled "Safety must come first during China's development," says the tragic accident sends notice to the nation that people's lives should be the top priority, and safe production never allows a sit back and relax mentality.  Full story

China needs to provide more support to build green economies

BEIJING July, 15 (Xinhua) - China should provide more policy support for the construction of a "green" economy, a Chinese expert said at a UN press conference held in Beijing on Friday afternoon.

Experts and scholars were invited to the conference to discuss The "World Economic and Social Survey 2011" report, which was released in Geneva on July 5 by the UN Department of Economic and Social Affairs (UN-DESA).  Full story

Quality time for development

 Over the past six decades, China has developed well from a poor and backward socialist nation. The country is now at a new starting point for bigger development. However, China's development model is facing the severe challenge of profound transformation.

For a country that is at this particularly crucial stage, it is more important to push for its economic transformation from the quantity-focused to the quality-focused than to purely expand its economic size.  Full story

 China's economic figures

China's economic figures in H1

China's economic figures in June, 2011

China's eonomics figures in May, 2011

 China's economic figures in April, 2011

 China's economic figures in Feb. 2011

 China's economic figures in Jan. 2011

Editor: Lu Hui