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Shanghai FTZ makes great progress in market opening


Since five tasks in the framework plan of China (Shanghai) Pilot Free Trade Zone (SFTZ) 2013 has been implemented, SFTZ has made great progress in market opening and reform deepening, a Chinese expert has said.

LSE committed to supporting off-shore RMB market in London: CEO


​London Stock Exchange (LSE) is to build a vibrant international market for Chinese equity and debt funding and very pleased with progress on the development of offshore RMB center in London, said Nikhil Rathi, CEO of London Stock Exchange plc, in a recent interview with Xinhua.

Chinese Expert: China is Open-minded for TPP


“12 APEC economies reached a framework agreement on the TPP this October. China is open-minded for TPP although it is not involved in the agreement,” said Chinese economic expert Zhang Jianping in an article published on People’s Daily.

China's growth could save Australia's commodity market


​One of Australia's leading businessmen has given his strong endorsement to China's economy, saying it could allow Australia's commodities market to stave off an economic collapse.

China's child policy change positive for economic growth


​China's plan to allow all couples have two children is positive for its growth despite not reversing a shrinking population, an economist told Xinhua here on Friday.

Creative, high-tech firms new economic driver


​Creative and high-tech firms in China are emerging as major forces to off-set the lingering slowdown in the wider economy, a Chinese economist said.

China's "Belt and Road" strategy mutually beneficial


​The initiative of the Silk Road Economic Belt and the 21st Century Maritime Silk Road is being offered up by China as a vision for a more prosperous region with connectivity and interdependence, an Australian economist said.

China can accept, attain 6.5-pct annual growth in 2016-2020


Given looming downward pressure and ongoing economic restructuring, a lower average annual growth target of 6.5 percent will be acceptable and attainable for the world's second largest economy in the next five years, according to analysts.

China's currency to essentially become world's great currency: HSBC chairman


​China's renminbi (RMB), or Chinese yuan, is to become the world's third great currency, after the U.S. dollars and euro, said Douglas Flint, group chairman of HSBC Holdings plc, in an interview with Xinhua.

Credit-asset pledged relending expansion not QE


The expansion of a credit-asset pledged relending program should not be misinterpreted as a Chinese version of quantitative easing (QE), a senior economist of the central bank told Xinhua on Wednesday.