Would you like to collapse with us? China's FDI rises 4.5% in Q1

[TaiShang]

China's largest trade fair opens in Guangzhou
Xinhua, April 16, 2016

The Canton Fair, the largest import and export expo of its kind in China, opened on Friday in the southern province of Guangdong, with the majority of participants being small and medium-sized firms.


The 119th China Import and Export Fair has an exhibition area of 1.18 million square meters and about 60,000 booths for more than 24,000 companies from home and abroad.

More than 90 percent of the firms are small and medium enterprises.

Fair spokesperson Xu Bing said over the past three years the fair has helped more and more small- and medium-sized Chinese firms to develop their unique, quality products.

Companies from regions and countries along the "Belt and Road" account for more than 60 percent of all participants in the import section.

To boost foreign trade for Chinese firms, the fair cut the fee for each booth by 4,000 yuan ($615) on average, or 18 percent, compared with the 117th Canton Fair.

China's exports saw a turnaround in March, while a decline in imports narrowed, customs data showed on Wednesday, adding to signs of stabilization in the economy.

 

[ahojunk]

Some pictures of the Canton Fair.

 

[TaiShang]

China unveils plans to help laid-off steel, coal workers
Xinhua, April 16, 2016

China's ministries on Saturday unveiled general plans to help people laid off from the steel and coal industries, which are in the midst of overcapacity cut.

The "suggestions" on relocating redundant workers were jointly released by seven ministries including the Ministry of Human Resources and Social Security, and the National Development and Reform Commission.

In addition to the help given to redundant staff, support will be offered to firms who create new jobs by adopting the "Internet Plus" strategy, developing new industrial fields and products, and expanding domestic and overseas market, according to the document.

A "back-to-work" program should be created so that workers receive training and career guidance for free, and, for those who want to start their own businesses, channels that will give them access to government support, it said.

Local authorities should also enhance trans-regional cooperation to relocate redundant workers to regions with employment opportunities.

To switch from an investment-led model to one that relies on domestic consumption, services and innovation, China is slashing industrial overcapacity, mainly in the coal and steel sectors.

According to preliminary forecast by the human resources ministry, the two sectors will see a combined laid-off workers totaling 1.8 million.

To cushion the effect of job losses on families and society, the central government decided to allocate 100 billion yuan (15.4 billion U.S. dollars) to help the laid-off workers find new jobs. The fund can be increased if necessary and local governments should handle their responsibilities accordingly, Premier Li Keqiang said in March.

 

[Jlaw]

The communist are turning out to be better money managers than the capitalist..what on earth the world has come to...
Capitalists are facing financial collapse while communist are having economic growth!

Yes, what an interesting time we are living in

LOL

 

[TaiShang]

China's Transport Investment up 7 Pct in Q1

2016-04-19

Latest official data shows China's fixed investment in highways and waterways was up 7 percent year on year in the first quarter of 2016. [File Photo: chinanews.com]

China's fixed investment in highways and waterways in the first quarter (Q1) reached 254.6 billion yuan (39.35 billion U.S. dollars), up 7 percent year on year, the transport ministry said Tuesday.

Of the investment, 228.9 billion yuan was in highways, a year-on-year increase of 8.5 percent.

The growth rate in western regions hit 11.1 percent year on year, which was much higher than central and eastern China, Ministry of Transport (MOT) data showed.

A total of 4.87 billion trips were made and 8.79 billion tonnes of freight were transported via railways, highways and waterways in Q1, MOT official Zhang Dawei said.

The number of journeys was down 1.8 percent from the same period last year, and freight tonnage rose 2.1 percent year on year.

In Q1, the cargo-handling capacity of major ports increased 1.7 percent year on year to 2.76 billion tonnes, and the container throughput increased 1.9 percent to 50 million standard units, Zhang said.

Logistics business volume surged more than 50 percent in the first three months, he said, compared with the same period last year.

Zhang expects the current momentum in freight transportation to remain throughout the first half of 2016 while passenger traffic growth will remain subdued as a result of industrial restructuring.

 

[TaiShang]

NUMBERS

2.44 mln units

Auto sales in China in March, a year-on-year growth of 8.8 percent

788 mln tons

Volume of freight carried on China's railways in the first quarter, down 0.43 percent from the previous year

2,572

Number of peer-to-peer (P2P) platforms in operation as of March in addition to four new ones added that month, down from 12 in February

33%

Year-on-year growth of China's investment in Australia in 2015

650 mln tons

Throughput of Tianjin Port expected to be achieved by 2020

96%

Year-on-year growth of online purchases in China's rural areas in 2015

$15.8 bln

China's spending on luxuries in 2015, a year-on-year increase of 9 percent

112%

Month-on-month growth of sales of pre-owned homes in Shanghai in March

 

[TaiShang]

China's Industrial Profits Growth Quickens in March
2016-04-27

Profits of China's major industrial firms rose 11.1 percent year on year in March, widening from a 4.8 percent growth in the Jan.-Feb. period, official data showed on Wednesday.

The profits of major industrial companies with annual revenues of more than 20 million yuan (about 3.1 million U.S. dollars) totaled 561.24 billion yuan in March, the National Bureau of Statistics (NBS) said.

In the first three months of 2016, the profits of these firms rose 7.4 percent year on year to 1.3 trillion yuan.

He Ping, an official with the NBS Department of Industry, attributed the profits growth to increased sales, a milder decline in factory product prices as well as government efforts to lower enterprises' costs.

The producer price index, a measure of costs for goods at the factory gate, dropped 4.3 percent year on year in March, narrowing from a 4.9-percent drop in February and a 5.3-percent drop in January.

In March, revenues from the major industrial companies' primary business climbed 4.6 percent year on year, the quickest growth in three years, improving from a 1-percent increase in the Jan.-Feb. period, said the NBS.

Aside from the recovery, part of the industrial profits growth was a result of the lower base in the same period of last year, He noted.

The official also noted that the profits growth in March was mainly concentrated in a few sectors. The profits of five sectors including computer communication, auto manufacturing and pharmaceutical manufacturing accounted for 88.8 percent of the total industrial profits.

***

And the collapse continues...

 

[TaiShang]

China's FDI Rises in Jan.-April
2016-05-11

A file photo shows a freight vessel that ships export Chinese-made metro train cars at the Dajian Port of Yingkou, northeast China's Liaoning Province. [Photo: Xinhua]

Latest official data shows foreign direct investment in the Chinese mainland continued to rise in the first four months of the year.

FDI, which excludes investment in the financial sector, rose 4.8 percent year on year to around 286 billion yuan or 45.3 billion U.S. dollars in the Jan.-April period.

Investment in the service sector accounted for about 70 percent of the total inflow during the period, reaching 201.4 billion yuan.

FDI in the high-tech service industry soared nearly 109 percent year on year to about 32.5 billion yuan in the four months.

Investment from countries relating to the Belt and Road Initiative remained robust, up by nearly 20 percent to some 2.5 billion U.S. dollars.

Meanwhile, FDI for April grew 6 percent year on year to some 62.5 billion yuan.

 

[AndrewJin]

China's FDI Rises in Jan.-April
2016-05-11

A file photo shows a freight vessel that ships export Chinese-made metro train cars at the Dajian Port of Yingkou, northeast China's Liaoning Province. [Photo: Xinhua]

Latest official data shows foreign direct investment in the Chinese mainland continued to rise in the first four months of the year.

FDI, which excludes investment in the financial sector, rose 4.8 percent year on year to around 286 billion yuan or 45.3 billion U.S. dollars in the Jan.-April period.

Investment in the service sector accounted for about 70 percent of the total inflow during the period, reaching 201.4 billion yuan.

FDI in the high-tech service industry soared nearly 109 percent year on year to about 32.5 billion yuan in the four months.

Investment from countries relating to the Belt and Road Initiative remained robust, up by nearly 20 percent to some 2.5 billion U.S. dollars.

Meanwhile, FDI for April grew 6 percent year on year to some 62.5 billion yuan.

Sorry, China is trumping!

 

[TaiShang]

Sorry, China is trumping!

Trump would be jealous...

China industrial output expands 6 pct in April

Consumption contributes 84.7% of China's Q1 growth

China's fixed-asset investment up 10.5 pct in Jan.- April

China fiscal revenue rises 14.4% in April

This is despite the fact that:

World economy to grow by just 2.4% in 2016

 

[TaiShang]

China's industrial profit growth speeds up
Last Updated: 2016-08-27 10:36 | Xinhua


Profits of China's major industrial firms rose 6.9 percent year on year in the first seven months of 2016, accelerating from the 6.2-percent rise registered in the first half, official data showed Saturday.

Total profits of industrial companies with annual revenues of more than 20 million yuan (3 million U.S. dollars) reached 3.52 trillion yuan during the January-July period, the National Bureau of Statistics (NBS) said in a statement.

In July alone, their profits surged 11 percent to 523 billion yuan, the second highest monthly growth this year and much faster than the increase of 5.1 percent in June.

He Ping, an official with the NBS Department of Industrial Statistics, attributed the strong growth in July partly to dropping costs, commodity price rebounds and a relatively low comparison base.

Last month, the average costs for those companies was 86.08 yuan for each 100 yuan of main business revenue, down 0.42 yuan from July 2015, the data showed.

He added the prices of ferrous and non-ferrous metal products have rebounded recently due to changing market conditions, resulting in profit surges in those sectors.

The ferrous metal making and processing sector saw profits of 14.83 billion yuan in July, compared with a loss of 1.39 billion yuan in July 2015. Profits of the non-ferrous metal processing sector climbed 6 billion yuan from a year ago.

The two sectors contributed 47.5 percent of the total profit growth of industrial companies tracked by the NBS, according to He.

In July 2015, industrial profits dropped 2.9 percent year on year, providing a low base figure for last month's profit growth.

Among the 41 industries surveyed, 30 posted year-on-year profit growth during the first seven months, with the crude oil processing, ferrous metal processing and non-ferrous metal processing sectors recording the strongest profit growth.

Between January and July, profits of state-owned enterprises fell 6.1 percent, while profits of private companies rose 8.7 percent.

The main business revenue of industrial companies rose 3.3 percent in the first seven months, and their total assets rose 5.7 percent to 100.2 trillion yuan by the end of July, the NBS said.

"Although industrial profit growth accelerated, market demand did not witness substantial improvement," He said, adding that problems including rising management fees and overcapacity will hinder further profit improvement.

 

[Economic superpower]

Between January and July, profits of state-owned enterprises fell 6.1 percent, while profits of private companies rose 8.7 percent.

First 7 months of 2016:

State-Owned firms profits: decreased by 6.1%

Private firms profits: increased by 8.7%

 

[Viva_Viet]

See positive, think positive, live positive, my friend. And in this order. If you see negative, you will think negative, and end up living negative.

***

China's March Exports Surge 18.7 Pct, Imports Down 1.7 Pct
2016-04-13

China's exports in yuan-denominated terms surged 18.7 percent year on year in March, while imports dipped 1.7 percent, customs data showed on Wednesday.



Let's not resort to similar tactics, my friend. Let's promote China's discourse of inclusivist developmentalism and non-interventionism.

We respect all peoples of China-sphere, even they might hold negative feelings to us. This is especially so for grassroots. It is always advisable not to involve women, children and the unlucky in our geopolitical-nation level debates.

This advise is also directed at @Viva_Viet . Let's not disparage each other by digging unfortunate news because, obviously, no country is perfect.



Looks like China's annual trade surplus will again be in the vicinity of 350-400 billion USD.

Your CNY still falling like we predict. Your trade surplus thanks to falling CNY.

Just wait for 6 years after TPP start like we predict and see what will happen.

 

[Economic superpower]

Your CNY still falling like we predict. Your trade surplus thanks to falling CNY.

Just wait for 6 years after TPP start like we predict and see what will happen.

6 years?

 

[Jlaw]

Some pictures of the Canton Fair.

View attachment 300754

View attachment 300755

View attachment 300756

dude, I just want to correct you just a bit. Chinese don't use Canton for Guangdong. Please use Guangdong. Canton is in Ohio USA.

http://www.myhostingmall.com/why-ar...g-china-china-uncensored-MUdRbEJ5OTBuT1E.html

East Sea aka. Rechoice, aka. Dlchoi, what other accounts do you have besides this one? Mods can easily trace your IP.