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BEIJING - China's garment industry saw an increase in domestic sales in the first five months this year despite slower expansion in the industry.
BEIJING - China has started to solicit public opinions on six draft laws recently reviewed at the bimonthly session of the National People's Congress (NPC) Standing Committee.
BEIJING - China on Friday expressed grave concern over the reported killing of two Chinese nationals kidnapped in Pakistan late last month.
BEIJING - China's fixed-asset investment (FAI) remained basically stable in the first eight months of the year thanks to robust investment in infrastructure. In January-August, FAI grew 7.8 percent year on year to 39.42 trillion yuan ( trillion), the National Bureau of Statistics (NBS) said Thursday. The pace was slower than the 8.3 percent increase in the first seven months and failed to meet market estimates of 8.2 percent. "Despite the mild retreat, the investment structure continued to improve," NBS spokesperson Liu Aihua said at a press conference, citing more capital pumped into high-tech industries, infrastructure and weak economic areas. Infrastructure investment, which accounts for more than 20 percent of total FAI, jumped 19.8 percent, driven by investment in public facility management and road transport. High-tech manufacturing saw investment up by 19.5 percent. The NBS calculation does not include investment made by farmers. It includes projects with planned investment of more than 5 million yuan and all property development.
BEIJING - China's power consumption, a gauge of economic activity, climbed a faster pace at 8.8 percent in August, data showed Tuesday.