Government Updates
China vows unchanged policies on developing ties with EU
China vowed Thursday to continue its policies on relations with the European Union (EU) to achieve a stronger, comprehensive strategic partnership.
Read moreChina overtakes Germany in terms of GDP
China surpassed Germany to become the world’s third largest economy after it raised its economic growth estimate for 2007 Wednesday.
Read moreChina-EU dialogue a sign of improving ties
Tomas Pojar, first vice-foreign minister of the Czech Republic, will lead a European Union (EU) delegation at the forth China-EU strategic dialogue to be held in Beijing Next Monday, the Foreign Ministry said.
Read moreChina GDP growth for '09 predicted at 7%
China's gross domestic product (GDP) growth might slow to 7 percent this year from 9 percent in 2008 on weakening external demand and decreasing domestic investment, a Deutsche Bank economist said.
Read moreChina to enhance reform during financial crisis
China will resolutely advance its reform and opening-up despite the global financial crisis, said Jia Qinglin, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) Wednesday.
Read moreChina still on high alert for food, drug issues
A senior official from China's food and drug safety watchdog said Tuesday that the country was on high alert for possible food and drug safety issues as the major impact of the financial crisis began to hit home.
Read moreChina to consider steel, vehicle support programs
China's State Council, or cabinet, is expected to meet this week to discuss a support plan for the steel and vehicle industries, a spokesman of the country's top economic planning body told Xinhua Tuesday. The official of the National Development and Reform Commission (NDRC) said, without elaborating, that a final government plan for these industries would follow the discussions.
Read moreChina plans water conservancy, control projects along Yangtze
Eight conservation and control projects will be started by 2011 along China's longest river, the Yangtze, to improve water use and protect the ecology, a conservancy official said here Tuesday.
Read moreCiti to close private banking unit in Chinese mainland
Citigroup will close its about three-year-old private banking unit in Chinese mainland, where the third-largest US bank by assets once tried to attract money from fast growing millionaires, sources familiar with the situation said on Tuesday. In principle, the closure of Citigroup's private banking unit will not affect its existing top-end individual clients in Chinese mainland as they will be automatically folded into Citigroup's consumer banking arm, which serves less wealthy customers, said the sources.
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