China Financial News Headlines

October 3, 2008

Economic Improvement and Great Prospect in China

Filed under: financial news — Tags: , , , — Nancy @ 1:11 pm -0500

Beijing Olympic Gymnasium and Stadium become the New Tourist Attraction
According to the statistics from Beijing Holiday Tourism Office, until 2:15 pm on October 3, the central area of Beijing Olympic Park received 350 thousand people at that day, and on October 1, it received 354 thousand people in the whole day.

October 1, Golden Week: Visitors of Bird Nest and Water Cube Over the Palace Museum
During the October 1, Golden Week, Bird Nest and Water Cube become the most attractive places in Olympic Park. The number of visitors has been exceeded the Palace Museum.

August: Sales Volume of Hundreds of Big National Retail Companies increased 17.31% year-on-year
China Industrial Information Issuing Center (CIIIC) released the data that the sales volume of our national retail companies was 22100 million yuan, which increased 17.31%, among which, the retail volume reached 18423 million yuan, which increased 18% compared with the same period last year.

Abundant Labor Supply promotes the Growth of Economy
In 2008, China not only faces the complex and grim international economic environment, but also the increasing prices and other pressures. However, China has the confidence to overcome various difficulties and maintain stable and rapid economic development, as there is a important factor that China has abundant labor supply, which will be a booster of Chinese economic growth.

Chinese Urbanization Level continues to increase rapidly
Recently, the reporters learn from Ministry of Housing and Urban-Rural Development of the People’s Republic of China (MOHURD) that Chinese urbanization level increases continuously and rapidly, while the urban system has gradually improved.

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