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China's economy expanded 7.4 percent year-on-year in the third quarter of 2012, slowing from 7.6 percent in the second quarter and 8.1 percent in the first, the National Bureau of Statistics announced Thursday.

The gross domestic product reached 35.35 trillion yuan ($5.61 trillion) during the first three quarter of 2012, NBS spokesman Sheng Laiyun told a press conference.
Analysts said increasing trade and economic ties have become an effective engine to ensure China-ASEAN ties stay on track as they have been recently shadowed by maritime claims.

Addressing the annual China-ASEAN Business and Investment Summit, Vice-President Xi Jinping asked the regional countries to advance connectivity, which he said is "a measure of strategic importance" for integration and
CHINA'S economic data for August shows inflation rebounding while growth in factory production slows to a three-year low and investment continues to falter, dimming hopes for a robust recovery in the world's second-largest economy this year.

The Consumer Price Index, a key gauge of inflation, expanded 2 percent from a year earlier last month, up from July's increase of 1.8 percent and ending a
CHINA'S world competitiveness ranking dropped three places from a year earlier to 29th in 2012, the first decline since 2005, the World Economic Forum said yesterday.

But China continues to lead the group of emerging market economies and play an active role in the world economy, the Global Competitiveness Report 2012-2013 said.

Switzerland, for the fourth consecutive year, topped the overal
Only just a few days ago, a few government ministries and departments started to be concerned about the so-called “triangular debt”.

In very simply terms, “triangular debt” simply describes a situation where companies owe money to each other. The cause for the rise of such liabilities were usually that companies trying to delay payments of their bills to suppliers, so that account receivabl
"China" as a brand has been valued at $4.8 trillion by US company Brand Finance overtaking Germany as the world's second highest valued national brand.

The US tops the list with a value hitting $14.64 trillion while Germany relegated to the third place with $3.9 trillion.

Data released show that Poland ranks first in the list in the "fastest growing national brand " while China takes the
SHANGHAI is ranked fifth in residents' average salary among all Chinese mainland cities, according to new numbers from statistics authorities.

The annual income of local residents was 51,968 yuan (US$8,185) in 2011, following the nearby cities of Hangzhou and Nanjing. Guangzhou tops the salary list at 57,473 yuan, while Beijing is ranked second.

"The lower-than-expected ranking of Shanghai
CHINA'S consumer prices increased 1.8 percent in July year on year, the slowest growth in two years and a half, paying the way for the central government to unveil more policies to boost the economy.

The rise in the Consumer Price Index, the main gauge of inflation, compared with a 2.2 percent gain in June and was the smallest since February 2010, according to the National Bureau of Statistics




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