China's PMI Falls Below 40% in November
2008-12-01

The Purchasing Managers' Index (PMI) of China's manufacturing sector dropped to 38.8 percent in November, down 5.8 percentage points from October, China Federation of Logistics and Purchasing (CFLP) told Xinhua on Dec.1.

       It was the index's lowest point since the CFLP initiated the survey with China's National Bureau of Statistics in 2005.

Global Slowdown Brings Bigger Impact on China Economy
2008-11-28

The spreading global financial crisis and economic slowdown are having bigger negative impact on Chinese economy, vice premier Zhang Dejiang said during an inspection tour to central province of Hubei.

Zhang, who aims to learn about performance of the industrial sector during the trip, urged the local officials to give strong support to key enterprises and sectors and also small and medium-sized enterprises and labor-intensive businesses.

China Vows Quality Work in New Investments
2008-11-25

China's top economic planning agency said on Nov.24 it will ensure the quality of work and investment in 100 billion Yuan ($14.7 billion) worth of spending on public facilities, transportation and rural construction, Xinhua Agency reported.