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Shanghai Daily,上海日报
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Economy


Services help city’s GDP rise above national level

SHANGHAI’S GDP growth exceeded the national level last year for the first time since 2008, powered by the services sector and new industries, Shanghai Statistics Bureau said yesterday. It rose 6.8 percent ...

January 23, 2017, Monday


6.8%! Shanghai’s economic growth in 2016 exceeds national level for the 1st time since 2008

SHANGHAI'S economic growth last year exceeded the national level for the first time since 2008 powered by the services sector and advanced new industries, the Shanghai Statistics Bureau said today. The ...

January 22, 2017, Sunday


Shanghai's economy grows 6.8% in 2016

SHANGHAI'S economy grew 6.8 percent in 2016, the local statistics bureau announced Sunday. It outpaced the country's 6.7 percent GDP growth but is slightly lower than the 6.9 percent increase in the ...

January 22, 2017, Sunday


Growth slows but still hits the target

CHINA’S GDP increased by 6.7 percent last year with growth in the fourth quarter stronger than expected at 6.8 percent, the National Bureau of Statistics said yesterday. Though the annual growth of 6.7 ...

January 21, 2017, Saturday


Deal for 40% of PSX sealed

Pakistan’s Finance Minister Ishaq Dar (right) presents a memento to Chinese Ambassador to Pakistan Sun Weidong to mark the share purchase agreement signing at the Pakistan Stock Exchange (PSX) in Karachi yesterday. A consortium has agreed to acquire a 40 percent stake in PSX, the country’s main bourse. The consortium comprises three Chinese exchanges — China Financial Futures Exchange, the Shanghai Stock Exchange and the Shenzhen Stock Exchange — and two local financial institutions, Pak-China Investment Co and Habib Bank. — AFP...

January 21, 2017, Saturday


Injecting liquidity before festival

A Chinese national flag flutters outside the headquarters of the People’s Bank of China in Beijing. The central bank has provided provisional liquidity support for several big commercial banks to meet rising cash demand ahead of the upcoming Spring Festival. The term of the operation is 28 days and interest rates are generally the same as similar open market liquidity facilities, the PBOC said yesterday in a statement. The move aims to ensure stability in the banking system and money market ahead of the Spring Festival, which falls on January 28. — Reuters...

January 21, 2017, Saturday


Economic data pull stocks up

SHANGHAI stocks rose yesterday as investors were buoyed by positive economic data for China. The Shanghai Composite Index added 0.7 percent to 3,123.14 points. The gauge gained 0.3 percent for the week. Investors ...

January 21, 2017, Saturday


Slower rise in Chinese personal income

CHINA’S per capita disposable income stood at 23,821 yuan (US$3,465) in 2016, up 6.3 percent annually in real terms, official data showed yesterday. The increase was slower than the 7.4 percent rise ...

January 21, 2017, Saturday


China retail sales grow 9.6% in 2016

CHINA'S retail sales of consumer goods grew 9.6 percent year on year in 2016 after deducting price factors, the same as that in the first three quarters, official data showed on Friday.   ...

January 20, 2017, Friday


China GDP falls to 26-year low, hits gov't target

CHINA'S economy grew 6.7 percent year on year in 2016, the slowest pace of growth in 26 years, but well within the government's target range, official data showed Friday. Growth in the fourth quarter ...

January 20, 2017, Friday


 

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