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CHINA aims to increase its industrial output by 11 percent next year, easing from an estimated 13.9 percent growth in 2011, Miao Wei, the minister of Industry and Information Technology, said today.

Miao said development...
China's share of the world's total exports might decline for the first time in 16 years in 2012 because of weaker world demand and a stronger yuan, an expert from the country's top think tank said on Monday.

"Although 'Made-in-China' products are still the most competitive in the global market, the risk is that (the country's) share of the global export market may shrink," said Zhang Qizi, as
China's central bank lowered reserve requirements for commercial lenders for the first time since December 2008, a sign the country has started to ease its monetary stance as white-hot inflation is contained and economic uncertainties increase.

The central bank will reduce the ratio of money that banks have to set aside on deposit by 50 basis points among commercial lenders, effective on Dec 5
THE debt crisis in the eurozone and a falling domestic property market prompted another two huge financial institutions yesterday to cut their forecast of China's economic growth next year.

The gross domestic...
CHINA'S economic growth may slow to 9.2 percent this year from last year's 10.4 percent, and it will still be led by investment, the Ministry of Industry and Information Technology said yesterday.

The ministry's prediction is more optimistic than the projection by the World Bank which said on Tuesday that China's growth will slow to 9.1 percent this year, with expansion at a slower 8.4 percent
Tertiary business plays a growing role in gross domestic product

BEIJING - Since China entered the World Trade Organization 10 years ago, national economic restructuring has substantially improved, with the service industry playing a more important role in the growth of gross domestic product (GDP).

According to the latest data from the National Bureau of Statistics (NBS), China's economic
CHINA'S inflation slowed sharply last month with food costs easing under the tight monetary policies, allowing more room for changes in the country's firm grip on credit, analysts said.

The Consumer Price Index, the main gauge of inflation, expanded 5.5 percent from a year earlier in October, the National Bureau of Statistics said yesterday. It marked the third consecutive month of moderating
CHINA'S consumer price index (CPI), a main gauge of inflation, eased slightly to 6.1 percent year-on-year in September from 6.2 percent in August, the National Bureau of Statistics (NBS) said today.

On a monthly basis, consumer prices rose 0.5 percent in September, said the NBS in a statement at its website.

In the first nine months of this year, China's CPI climbed 5.7 percent from the sam

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