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Ma Kai, Chinese minister of National Development and Reform Commission, answers a question during a press conference on China's economic and social development and macroeconomic regulation held by the First Session of the 11th National People's Congress (NPC) at the Great Hall of the People in Beijing, March 6, 2008. [Xinhua Photo]
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Top planner: macroeconomic regulation "effective"
China's macroeconomic regulation in the past five years was "effective" and promoted a fast yet steady growth of the economy, development chief Ma Kai said on Thursday. Full story
China's trade surplus to "last for another period of time"
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China's top macro-economic planner Ma Kai said in Beijing Thursday that the country's "trade surplus will last for another period of time," but the key question is not the existence of surplus itself, but whether it is the result of fair play and beneficial to both sides of the international trade. Full story
China feels inflation pressure, determined to reach CPI target
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China clearly feels the pressure of inflation posed by structural price increases but is determined to keep its CPI rise at around the 4.8-percent target set for this year, top planning official Ma Kai said Thursday. Full story
Recent snow storms not to change fundamentals of Chinese economy
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China's top macro-economic planner Ma Kai said in Beijing Thursday that the recent snow and ice storms had limited impact on the country and would not change the fundamentals of the economy. Full story
China's interim price control necessary, legal
China's interim price intervention announced in mid-January is necessary and in accord with the law, said Ma Kai, the top macro-economic planner on Thursday. Full story
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Chinese Finance Minister Xie Xuren answers a question during a press conference on China's economic and social development and macroeconomic regulation held by the First Session of the 11th National People's Congress (NPC) at the Great Hall of the People in Beijing, March 6, 2008. [Xinhua Photo]
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China to consider seriously adjustment of taxation policy in capital market
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The Chinese government will seriously consider adjustment of taxation policy in the capital market, said Finance Minister Xie Xuren in Beijing on Thursday. Full story
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Zhou Xiaochuan, governor of the People's Bank of China, answers a question during a press conference on China's economic and social development and macroeconomic regulation held by the First Session of the 11th National People's Congress (NPC) at the Great Hall of the People in Beijing, March 6, 2008. [Xinhua Photo]
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Central bank governor: stronger yuan not major inflation control means
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A faster appreciation of Chinese yuan may help control inflation, but cannot become the major means of curbing inflation, said China's top bank official. Full story
China continues to lift restrictions on citizens' overseas investment
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China will stick to the policy of facilitating Chinese citizens' overseas investment, said an official in Beijing on Thursday.
"China will continue to lift restrictions on overseas investment of its citizens through various channels," said Zhou Xiaochuan, head of the People's Bank of China (PBOC). Full story
Central bank governor: there is room for China's interest rate increase
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China's central bank governor Zhou Xiaochuan said Thursday there is room for interest rate increase, but domestic and international factors need to be considered before an adjustment. Full story
Mainland willing to facilitate cross-Straits currency exchange
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The Chinese mainland is willing to provide more convenience in currency exchange for people on both sides of the Taiwan Straits, central bank governor Zhou Xiaochuan said Thursday. Full story
China should be cautious of U.S. subprime crisis
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The further impact of U.S. subprime mortgage crisis on China's economy and monetary policy cannot be underestimated, central bank governor Zhou Xiaochuan warned Thursday. Full story
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