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2015年5月14日星期四

The ministry of commerce released

On May 5, 2015 The ministry of commerce released (Spring of 2015 China's foreign trade situation report).

Reviewd in 2014 and 2015 in the first quarter of China's foreign trade operation. In 2014, China's foreign trade growth remained stable, International market shares further improve. Big trading position further consolidated structure was further optimized, quality and efficiency continue to improve. The first quarter of 2015, In the context of the overall decline in global trade, China’s export keep to growth situation. By import prices dropped, some important products to reduce the impact of imports, a larger decline in imports.

In 2015, the world economy will continue to modest recovery situation, unstable more uncertain factors. International competition is more intense. China economy start smooth and steady.

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2015年5月13日星期三

Chinese welcoming investment climate for foreign investment

According to <Global investment trends monitor>, China absorbed 128 billion us dollars foreign capital in 2014, becoming the world’s largest foreign capital inflow country. Actually, China has occupied No.1 largest foreign capital inflow country in developing countries for 23 years.

Statistics from The Ministry of Commerce shows that, 5861 foreign invested companies were set up in the first quarter of 2015, increased 22.4% year-on-year. The actual use of foreign capital was 214.57 billion RMB, increased 11.3% year-on-year (bank, securities, insurance fields are not included). According to < China business survey in 2015> of the American chamber of commerce in shanghai, 73% and 75% respondents had made profit or revenue growth in China in 2014. 67% respondents plan to expand investment in 2015.

However, the saying about the large amount of withdrawal of foreign investment is spreading. Speaker of the Ministry of Commerce Danyang Shen analyzed that the saying is related with the changes of foreign investment structure. The first significant change was the amount of foreign capital China’s service industry absorbed increased from 24% in 2001 to 55.4% in 2014. While at the same time, manufacturing industry’s use of foreign capital decreased, which made some foreign manufacturing companies adjust their business in China. But this did not lead to large amount of foreign investment withdrawal.

In fact, China’s attraction for foreign investment will be stronger in the future. In April, Guangdong, Tianjin and Fujian officially opened free trade zone, and the area of Shanghai’s free trade zone was expanded. Shouwen Wang of the Ministry of Commerce introduced that four free trade zone share the same negative list and foreign investors and their investment will be treated equally as Chinese investors.

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2015年5月11日星期一

Chinese express service firms' revenue rise in Q1

Chinese postal and express service companies saw their revenue up 23.1 percent year-on-year in the first quarter, according to information released by the State Post Bureau on Thursday.

Private express firms' market share continued to grow, with their business volume reaching 85.8 percent in Q1, up 4.2 percent year-on-year.

Express service in central and western China showed stronger growth rate of more than 30 percent thanks to the country's strategic policies to support the development of the region.

Meanwhile, express service within cities grew by about 50 percent in business volume and revenue, indicating the sector's structural changes due to more expansive stocking stations and more convenient transportation.

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2015年5月4日星期一

Taiwan's 3.46-percent QI GDP growth below forecasts

Taiwan's nominal gross domestic product expanded year on year in the first quarter of 2015 by 3.46 percent, slightly lower than the official projection made in February, the island's statistics agency said.

The GDP growth rate was 0.04 percentage points lower than that predicted by officials in February and lagged far behind a 3.7-percent full-year growth forecast by the Taiwan Institute of Economic Research this month.

After seasonal adjustment, Taiwan's economy edged up 0.27 percent from the fourth quarter of last year, but still slowed from a full-year growth of 3.74 percent last year, according to the agency.

As global economic growth falters amid falling prices of oil, industrial and agricultural products, the nominal value of Taiwan's U.S.-denominated goods exports in the first quarter slumped 4.18 percent from the same period of last year, while that of goods imports dropped 14.96 percent year on year in the first three months, marking the worst performance since the fourth quarter of 2009.

Net exports contributed 2.69 percentage points of Taiwan's GDP growth in the first quarter.

The other 0.77 percentage points came from domestic consumption, which covers private consumption, government spending, and public and private investment.

Nominal GDP value refers to figures that have not been adjusted for inflation.

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2015年4月27日星期一

China to begin 6 to 8 nuclear power plants this year

China will bring eight nuclear power stations online this year and begin work on six to eight more, said head of the country's nuclear energy association on Wednesday.

Currently, China has 26 units under construction, the most in the world, said Zhang Huazhu, head of the China Nuclear Energy Association.

There are 23 generators operating commercially, with a total capacity of 21.39 million kilowatts.

The 11th China International Exhibition on Nuclear Power Industry opened on Wednesday with nearly 200 businesses and institutes from 10 countries taking part. Hualong One, China's third generation power project, is being promoted in Argentina,Pakistan and the United Kingdom.

"China will have 30 million kilowatts under construction and meet the goal of having 58 million kilowatts online by 2020," said Zhang.

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2015年4月26日星期日

China's e-commerce market expands by 31 percent in 2014

China's e-commerce market hit 13.4 trillion yuan (2.2 trillion U.S. dollars) in 2014, increased 31.4 percent year on year, according to a report released on Wednesday.

The volume of business-to-business (B2B) market reached 10 trillion yuan, up 21.9 percent. Online retail trade reached 2.82 trillion yuan, up 49.7 percent, according to the China E-Commerce Research Center.

B2B business and online retail respectively accounted for 74.6 percent and 21 percent the market.

As of the end of 2014, more than 2.5 million people worked directly in e-commerce and more than 18 million indirectly.

E-commerce is a new growth engine for China's economy and has strong impacts on the IT market and business models of traditional industries, including the retail, education and medical care.

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2015年4月20日星期一

China’s foreign direct investment in the first quarter was 158.09 billion yuan, a 29.6% increase year-on-year

According to the Ministry of Commerce spokesman Shen danyang, China's non-financial domestic investors directly invested in 142 countries and regions, 2331 foreign companies with 158.09 billion yuan in the first quarter of 2015.

Shen danyang introduced that, equity and other investments had up to 132.35 yuan, accounting for 83.7%,while reinvest profits had 51.43 million yuan with 0.4% increase year-on year. By the end of March, China had accumulated foreign direct investment 4120 billion yuan.

19 countries got more than 100 million us dollars direct investment capital from China, which is Hong Kong, Holland, The Cayman Islands, America, The British Virgin Islands, Singapore, Australia, Indonesia and so on.

The amount of China’s investment in Hong Kong, ASEAN, EU, Australia, America, Russia and Japan had up to 19.98 billion us dollars, accounting for China's total foreign direct investment over the same period in 77.5%. The amount of China’s investment in EU was 3.54 billion us dollars (CNPC invested 2.885 billion us dollars in Holland), 8 times more than 0.44 billion dollars over the same period. On the other hand, China’s investment in Hong Kong, EU, America and Russia increased 44.4%、51.4%、37.4% and 14.3%, while there’s 66.3% and 16.7% decrease in Australia and Japan.

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