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  1. Urbanisation is key to economic growth, says central bank chief

    Posted Jul 04th 2009, 12:00am by Martin Zhou

    ... terms, is urbanisation,' he said. 'After all, we have a lot of areas to urbanise, to lay the foundation for future growth in consumption.' China's savers had amassed more than ... Martin Zhou The mainland will need a massive urbanisation campaign to drive its economic growth in the short term, the central bank chief told the Global Think Tank Summit in Beijing. Zhou ...

  2. Think-tank urges Beijing to end frantic urbanisation

    Posted Jun 16th 2009, 12:00am by Staff Reporter

    ... Stephen Chen The mainland has reached a crossroads in its urbanisation drive, and now is the time to shift the focus to the environment and people's welfare, according to a report ... opportunity to change direction, said the Blue Book of Cities in China, the annual report by the Chinese Academy of Social Sciences. The report put the mainland's urban population at 607 million, ...

  3. China has praise for India's move

    Posted Dec 04th 2009, 12:00am by Shi Jiangtao

    ... Shi Jiangtao Beijing has praised India's move to follow China's lead in unveiling a hard carbon emissions target relative to the size of its economy. Not surprisingly, the reported carbon intensity cut of 20 to 25 per cent by 2020 from 2005 levels has also been welcomed by China's climate experts. Although it is not an absolute carbon reduction target, they view ...

  4. Don't blame the global crisis on China's one-child policy

    Posted Jun 04th 2009, 12:00am by Tom Holland

    ... US consumers were able to borrow at stupidly low rates. In turn, borrowing rates were so low because massive purchases of US debt securities by China held long-term interest rates down. China ... first. Let's start with China's savings rate. It is true that at about 50 per cent of gross domestic product, China's national savings rate is exceptionally high and that all ...

  5. New World expects policies to help stores

    Posted Dec 09th 2009, 12:00am by Staff Reporter

    ... Isabella Steger New World Department Store China chairman Henry Cheng Kar-shun said he was optimistic about the mainland's retail sector in the coming year, following pledges from Beijing that it would boost domestic consumption and urbanisation. Speaking at the company's annual general meeting, Cheng said he was optimistic that sales would increase over Christmas ...

  6. February was warmest on record

    Posted Mar 02nd 2009, 12:00am by Staff Reporter

    ... and the stronger than usual influence of warmer air from the south. 'The cold air from the north seldom reached southern China. In Hong Kong, the occurrence of the warmer southerly winds originating ... temperature has been rising by 0.4 degrees each decade. Global warming and increasing urbanisation had contributed to this trend, the Observatory said. The previous warmest February was in 2007, when ...

  7. Beijing steers a steady course on economic front

    Posted Dec 08th 2009, 12:00am by Cary Huang

    ... Cary Huang in Beijing China's leadership yesterday pledged to boost domestic consumption and promote urbanisation while maintaining pro-growth policies at the end of a conference ... to improve the economy in two key areas: urbanisation and consumption. The policymakers' statement said the government would 'try to make marked progress in restructuring China ...

  8. Economic downturn dictates policy paper

    Posted Feb 03rd 2009, 12:00am by Staff Reporter

    ... 'Urbanisation, urbanisation and urbanisation. That's the only solution to China's rural problems,' he said. He said the rural economy was under stress because even though they worked ...

  9. Hyder targets income boost from mainland

    Posted Jan 29th 2009, 12:00am by Toh Han Shih

    ... of the London-listed design consultancy, which focuses on infrastructure, property and the environment. 'The two big drivers in China are urbanisation and the stimulus. I expect mainland revenue to move ... than 5 million people, it predicted. 'For companies, the scale of China's urbanisation promises substantial new markets and investment opportunities,' McKinsey said. According ...

  10. China's emissions 'poised to double'

    Posted Dec 10th 2009, 12:00am by Howard Winn

    ... Howard Winn While the climate-change conference in Copenhagen struggles to secure agreement to reduce global warming by cutting greenhouse gasses, China's emissions are set to more than double according to forecasts by the International Energy Agency (IEA) and the US Department of Energy. China's carbon dioxide emissions will rise from six billion tonnes in 2006 ...




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