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The world can relaunch growth through green economy, innovation: Zhu Min, vice president of the Bank of China, said Friday that he was confident that China's economy could expand by 8 percent or even faster next year, but the country should also mull over its economic development path in the next decade.
More aid urged for developing economies in global crisis: Developing economies have been most affected by the global recession and need more international aid to help them ride out the crisis, said panelists in a session on "The Global Downturn and the Developing World," at the 2009 Summer Davos forum that opened yesterday afternoon in the Chinese port of Dalian.
China to maintain stimulus to solidify its fledgling recovery: China's economic recovery is still not stable, and the government will continue its massive stimulus despite recent improvements, Premier Wen Jiabao said yesterday.
China's bank loans to see steady growth in second half: BOC: China's bank loans would report a steady growth in the second half of the year, since big fluctuations will hurt the economic recovery, a Bank of China official said Thursday, dispelling concerns over tightening credit.
China needs to make economy develop in more balanced way: Although China's economy has managed to expand relatively fast, it still faces the challenge of making it develop in a more balanced, coordinated and sustainable way, Stephen Roach, Morgan Stanley's Asian Chairman, said here Thursday.
Chinese Premier Wen Jiabao's speech at 2009 Summer Davos: Following is the translated version of the full text of Chinese Premier Wen Jiabao's speech delivered here on Thursday at the opening ceremony of the Annual Meeting of the New Champions 2009, or Summer Davos:
China's green technology market to attract huge investment: The China Greentech Report 2009, released Thursday in north China's coastal city Dalian, said China's green technology market would attract more investment and estimated a market with a potential value up to one trillion US dollars annually.
It is too early to end stimulus plans in China: economist: It was too early to talk about ending the economic stimulus plans in China, Li Yang, vice president of the Chinese Academy of Social Sciences, a leading domestic economist, said on Thursday.
Stephen Roach: global economy recovery still precarious, sustainable Asia expected: The global stimulus plans should continue and the world, especially the Asian countries, should put emphasis on sustainable growth, Stephen Roach, Morgan Stanley's Asian Chairman, said Thursday.

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About the meeting

The Annual Meeting of the New Champions 2009, scheduled from September 10-12 in Dalian, brings together over 1,300 industry, government and thought leaders to debate and define the course needed to relaunch growth. full story

·Who will participate
·What is the program(full story)

Bank of China Quotations

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