China to shy away from administrative controls to rein in economy
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China will opt for economic and legal, rather than administrative, means in trying to rein in investment in the second half of this year, vice premier Zeng Peiyan said.
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Three quarters of Communist China's economy will be non-state-owned by the end of this decade, state media reports, highlighting a clear trend of slipping state control.
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Higher costs in China could spell the end of an era of ultra-cheap goods, as well as the beginning of Chinaâs rise from the lowest rungs of global manufacturing.
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China is committed to revamping its foreign exchange regime and further relaxing its capital account controls, central bank governor Zhou Xiaochuan said on Saturday.
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Some world leaders say they will not be pressured into following economic policies prescribed to them.
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China has proposed lifting millions of its citizens out of the income tax net to ease the burden on low-wage earners amid rising inflation, state press said Sunday.
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Analysts say ChinaÂs rulers are trying to shake up the leadership and wipe out resistance to their policy agenda.
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Good news for officials who are trying to cool an overheated economy; austerity measures to remain. BEIJING  - China reported a marked slowdown in investment and money supply growth Monday, but stubbornly
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China has said it plans to strengthen controls on the export of nuclear equipment, days after an international agreement was reached on phasing out North Korea's nuclear programme.
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The move is expected to dampen prospects for companies that have focused on taking advantage of the Chinese market.
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China's central bank said it was  considering further measures to rein in growth in the world's  seventh-largest economy, but would take a hard look at August  economic data before making any decisions.
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China&#39;s promise to impose new taxes on some textile exports will do little to sway the administration as it debates whether to limit the expected flood of Chinese
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BEIJING China has said that cooling its economy and maintaining a stable currency will be the government&#39;s priorities next year.
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BEIJING China&#39;s efforts to slow the economy by curbing investments in industries such as steel and cement are working, a senior official said Sunday, suggesting that further tightening measures such as an interest rate increase may be unnecessary.
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But few practical steps are being taken to move China's burgeoning economy away its heavy dependence on fossil fuels.
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China will consider adopting measures  to protect its interests and those of its trading partners once  global textile quotas are scrapped at the end of this month, a  government spokesman said on Friday.
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China is expected to take more steps to slow its galloping economy, a key engine of global growth, after hiking borrowing costs in a bid to stop the boom giving way to a bust.