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National Bureau of Statistics of China

This tag is associated with 6 posts

As expected, China property bubble reinflates


The government may be putting a lid on it, but if China‘s housing market was a metaphorical “soup de jour”, it is back to boil over. Property prices are rising in 53 out of 70 cities surveyed by the National Bureau of Statistics (NBS) in January. Twenty-five cities in November and 12 in October experienced a price hike … Continue reading

China approves sweeping tax reforms to tackle income inequality


China unveiled sweeping tax reforms on Tuesday to make wealthy state-owned firms, property speculators and the rich pay more to narrow a yawning gap between an urban elite and hundreds of millions of rural poor. The plans approved by the State Council – China’s cabinet – also included commitments to push forward market-oriented interest rate … Continue reading

China January PMIs signal mild recovery in place


China’s giant manufacturing sector extended its mild recovery in January with weak foreign demand still crimping growth, a pair of surveys showed, underscoring that the country’s rebound from its worst downturn in 13 years remains modest. Two separate versions of the purchasing managers’ index (PMI) released on Friday showed factory output in the world’s second-largest … Continue reading

China’s non-manufacturing industries expand at a faster pace


China’s non-manufacturing industries expanded at a faster pace in October, adding to evidence the world’s second-biggest economy is recovering after a seven- quarter slowdown. The purchasing managers’ index rose to 55.5 from 53.7 in September, the National Bureau of Statistics and China Federation of Logistics and Purchasing said in Beijing today. A reading above 50 … Continue reading

China Needs to Ease One-Child Policy, State Researchers Say


Chinese government researchers called on the nation to ease its one-child policy as soon as possible to cope with an aging population and labour shortage. One option is allowing all people to have a second child, three researchers including Yu Dong from the State Council’s Development Research Centre wrote in an article in yesterday’s China … Continue reading

China May home prices fall, pace of declines picks up


Average home prices in China‘s 70 major cities fell 1.5 percent in May from a year earlier, Reuters calculations based on official data published on Monday showed, and the pace of decline picked up in major cities such as Shanghai. It was the third straight monthly decline on a year-on-year basis since the government imposed … Continue reading

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