China sharing economy up 103 pct in 2016 report2019-09-11
China’s "sharing economy" took off in 2016 with a 103-percent increase in transaction volume, according to a new report.
The sector saw deals worth some 3.45 trillion yuan (500 billion U.S. dollars) last year, according to a report released by the Sharing Economy Research Center under the State Information Center.
China cuts growth target to 6.5 this year - Premier Li Keqiang2019-09-11
A report due to be delivered by Chinese Premier Li Keqiang cuts the country’s growth target for this year to around 6.5%, down from 6.5 to 7% last year.
He is due to deliver the report to the country’s rubber-stamp parliament, the National People’s Congress (NPC), which is gathering in the capital Beijing.
2017 China GDP growth rate expected to be 6.642017-03-25
China’s economic growth rate is expected to decrease in 2017, while the GDP growth rate may reach 6.64 percent, 0.06 percentage points below last year’s rate, according to a report released in Beijing on Feb. 22.
The report was released at a seminar organized by Xiamen University and Xinhua’s Economic Information Daily. It states that competent authorities need to keep the growth rate of investment in infrastructure above 20 percent in order to maintain the GDP growth rate around 6.5 percent.