BEIJING, Oct. 15 (Xinhua) -- China's power consumption in September continued to rise with a faster increasing rate, according to China's National Energy Administration (NEA) on Thursday.

    Power consumption in September rose 10.24 percent year on yearto 322.41 billion kilowatt hours last month. The increasing rate was 2 percentage points up from that of August.

China's new loans rise to 516.7 bln yuan in Sept.　　

    BEIJING, Oct. 14 (Xinhua) -- China's new yuan-denominated loans in September rose to 516.7 billion yuan (75.68 billion U.S. dollars) from August's 410.4 billion yuan, the People's Bank of China, the central bank, said Wednesday.

    New yuan-denominated loans in the first nine months stood at 8.67 trillion yuan, 5.19 trillion yuan more than the same period last year.

 

China's imports, exports drop 10.1% in September

    BEIJING, Oct. 14 (Xinhua) -- China's foreign trade continued to fall in September, but the rate of decline slowed sharply, the General Administration of Customs announced Wednesday.

    The total value of imports and exports for September was 218.94 billion U.S. dollars, down 10.1 percent from the same month last year, but an increase of 14.2 percent from August.

China's forex reserve hits record $2.27 trillion

    BEIJING, Oct. 14 (Xinhua) -- China's foreign exchange reserve hit a new high of 2.2726 trillion U.S. dollars by the end of September, People's Bank of China, the central bank, said here Wednesday.

China's business climate index up in Q3

    BEIJING, Oct. 13 (Xinhua) -- China's business climate index, a main measurement of macro-economic outlook, rose by 8.5 points in the third quarter from the previous quarter, the National Bureau of Statistics (NBS) said Tuesday.

    The quarterly business climate index climbed from 115.9 in the second quarter to 124.4 in the third quarter, the NBS said.

Chinese entrepreneurs have stronger confidence in Q3

    BEIJING, Oct.13 (Xinhua) -- China's entrepreneur expectation index rose to 120.1 in the third quarter, up 9.9 points from the previous quarter, said the National Bureau of Statistics on Tuesday.

    The index, a gauge of the understanding, views and projections of entrepreneurs, was 19 points higher than that of the first quarter.

China leads world's trade confidence index: HSBC survey

    JAKARTA, Oct. 5 (Xinhua) -- A latest HSBC Indonesia survey showed Monday that China is ranked the top in favorite trade partner list of Indonesian businessmen in the next three month.

    According to the survey conducted by HSBC-hired survey firm TNS from August to September 2009, of 0-200 level of trade confidence index points, in which 200 represents the highest level, Chinese mainland market obtained the highest 121 points in the bank's global survey. Indonesian market stood second at 120 points, followed by United Arab Emirates (UAE) market at 118 points.

China's auto exports decline for 12 consecutive months

    BEIJING, Sept. 22 (Xinhua) -- China's auto exports have declined for 12 consecutive months since August last year because of a big contraction in the international auto market due to the financial crisis.

    Starting from the second half of last year, China's foreign trade experienced a sharp decline, with auto exports from January to July plunging 56.9 percent to 191,000 units, compared to the same period last year, said Commerce Ministry official Zhou Ruojun Tuesday.

China becomes world largest exporter for first time

    BEIJING, Aug. 26 -- China's rise as the world largest exporter, though significant, does not mean Chinese exports will be of as high a quality as Germany's goods, experts said.

China rises as the world largest exporter.(Photo: Chinadaily.com)

China retains foreign trade advantages: official

    BEIJING, July 4 (Xinhua) -- China did not lose its advantages in foreign trade despite global downturn and could retain foreign trade level above the global average once global economy recovered, a senior Chinese official said Saturday.

    Yi Xiaozhun, vice commerce minister, was speaking at the Global Think Tank Summit that ended Saturday in Beijing.

 

Innovation, key for "Made in China" to out of crisis

    BEIJING, Sept. 24 (Xinhua) -- China's foreign trade and export enterprises have encountered unprecedented pressure during the global financial crisis -- but analysts say they believe innovation is the way out for the "Made in China" brand.

    The Quanzhou Baofeng Shoes Company, one of China's leading producer of slippers, is precisely the type of exporter that should be on its knees. Headquartered in Quanzhou, a coastal city in southeastern Fujian Province, Baofeng used to export 90 percent of its annual output to the United States.

Chinese exporters have confidence in U.S. market: senior official

    LAS VEGAS, the United States, Aug. 10 (Xinhua) -- A record number of Chinese businesses and manufacturers are participating in the annual exhibition of Chinese products in the United States, in a way to show their confidence in the U.S. market and American consumers, a senior Chinese official said here on Monday.

    Inaugurating the "China Brand Show 2009" in the Las Vegas International Convention Center, Vice Minister of Commerce Zhong Shan said the Chinese government pays much attention to the difficulties its economy is facing amid the global financial crisis. 

China a major target of trade protectionism: Official

    BEIJING, July 31 -- China can expect to be a major target of rising trade protectionism - particularly from the United States and India - as the world struggles to recover from the global financial crisis, the Ministry of Commerce (MOFCOM) said Thursday.

    The crisis has pushed trade protectionist cases to a historical high.