Reform, opening up brings enormous changes to China
Enormous changes have taken place in China since the inauguration of its reform and opening up policy 30 years ago, said Koichi Kato, chairman of the Japan-China Friendship Association.
China´s poverty alleviation
China has made tremendous progress in poverty alleviation since it adopted its policy of reform and opening-up in 1978.
Chinese insurance sector
From 1980 to 2007, China´s insurance premium sales have seen a growth of 1,650 times, jumping from 460 mln to 703.5 bln yuan.
China´s energy consumption
China´s total energy demand has been and will keep rising to meet the increasing demand stemming from modernization.
Beijing´s service sector
Beijing today offers not only superb facilities but also excellent service for visitors...
Beijing´s dining sector
Beijing today offers visitors a selection of restaurants, large and small, to meet every taste.
Aviation industry surges higher
China´s fast-growing economy is making the country a shining star in the global aviation market.
A timeline of China´s macro-economic policy shifts
China will adopt an "active" fiscal policy and a "moderately easy" monetary policy to boost its economy.
Corporate Tax
- Jan., 2008: The new law unifies the income tax rates for domestic and foreign invested companies.
IPR mortgage loans
- Two years ago: Bank of Communications (BoCom), one of the first initiates the new financing model, IPR mortgage loans.
Economic Indicator Sheet
更多
- Government Revenue and Expenditure
Following Their Track
Foreign exchange certificates
- April 1, 1980: China started to issue FECs
- January 1, 1995: FECs were finally withdrawn from the market
Overseas Purchase
Chinalco, Alcoa buy 12% of Rio Tinto
China´s huge market and cheap labor costs have made it the largest foreign direct investment recipient of all developing countries for 16 years straight.
