ChinaBiz--English--人民网

China's GDP grows 8.7% in 2009, 10.7% in December

China's economy gained momentum in December as the monthly GDP skyrocketed by 10.7 percent, bringing the country's 2009 economy growth to 8.7 percent.

·CPI up 1.9% in December 2009
·Retail sales up 16.9% in 2009
·Fixed-asset investment up 30.1% in 2009
·Foreign trade falls 13.9% to $2.21 trln
·FFDI up for fifth consecutive month in December
·Industrial output increases 11% in 2009
·Housing prices up 7.8% in December 2009
·New bank loans hit 9.59 trln yuan

Adjustment urged

·Premier Wen calls for faster economic adjustment
·Premier Wen Jiabao said on Jan 19, 2010 that the acceleration of the adjustment of China's development pattern while maintaining steady and fast economic growth must run through all the government's work this year.
·Chinese ministers look to cool hot real estate sector
·China's central bank calls for balanced lending
·China sets 2010 bank lending target at about 7.5 trillion yuan: regulator
·China reduced $9.3 billion holding of U.S. Treasury bonds November

Possibilities for inflation in 2010 still low: official

China's overcapacity no relation to central government investment: Premier

Chinese Premier stresses prevention of possible inflation

Experts: Preventing inflation is biggest challenge for China's economy in 2010

Li Yining: China should prevent inflation and stagflation

Experts believe inflation pressure still exists as prices rise

Mainland's trade with Taiwan, HK recovers in sluggish 2009

Chen Deming: China and India are neither rivals nor enemies

Chen: Export lift is good for trade

Processing trade, rebounded imports and exports ensured customs revenue growth: official

China's non-financial ODI to reach 48 bln USD in 2010

Trade protectionism charges against China growing

Experts call for establishing credit transfer market

Premier Wen says economy could improve with more balanced credit expansion

China's central bank reaffirms moderately loose monetary policy, moderate credit growth in 2010

China's central bank governor reaffirms moderately loose monetary policy for 2010

Bad loans decrease despite growing credit

Banking regulator: property industry absorbed one fifth of new loans

Home trading in Beijing plummets in first two weeks of 2010

Commercial real estate demand rebounds: report

China says No to 'hot money' speculating on property

China tightens rules for second home mortgage

Beijing's average commercial housing price near 20,000 yuan/sqm in December last year

New home sales expected to reach 4.5 trillion yuan in 2009