It's an interesting article with lot's of data on the Q1 Chinese economy i only copied the last page but for a better understanding u should read the whole article .

Data mixed on China's road to recovery

Data mixed on China's road to recovery

(Xinhua)
Updated: 2009-05-14 21:04

Stock market upbeat

Stock market investors are interpreting the economic data positively. The benchmark Shanghai Composite Index was up more than 44 percent this year as of Wednesday.

Zhang Liqun said that after last year's plunge, when the market sank more than two-thirds from its peak in mid-October 2007, equities had rallied along with regional markets. Investors had gained confidence that an economic recovery was at hand.

Analysts said they expected further gains in shares, car sales and housing transactions in the coming months, but they warned that economic data could still be confusing and disappointing.

The ADB forecast in a March report that China's economy might grow 7 percent this year.

"Judging from current conditions, economic growth might even exceed that forecast," Zhuang said.

(For more biz stories, please visit Industries)

Previous page 1 2 3 4 Next Page

====================================

This article is unrelated to the previous one but concerns China's approach to derivatives .

http://www.cnbc.com/id/30754720

China to Push Ahead Financial Innovations, Reforms

Topics:Retail Sales | Economy (Global) | Recession | China

Sectors:Industrial Goods and Services | Retail

By: Reuters | 14 May 2009 | 11:08 PM ET

China will push ahead with derivatives innovations and encourage domestic financial firms' investments abroad despite the global financial crisis, Deputy Central Bank Governor Su Ning said on Friday.

RELATED LINKS

Current DateTime: 03:24:24 15 May 2009
LinksList Documentid: 30754154

Small Banks Need Capital Too

The Man Who Shorted Subprime: Commercial Real Estate Not a Buy

Cramer: Tech Returns to Lead Market

More Asia Pacific News

He told Reuters that the People's Bank of China would push ahead with the development of interest rate swaps, forward rate agreements and other tools to help firms hedge currency risks.

China would also study a plan to launch high-yield bonds as well as bonds issued by small- and medium-sized firms. But he did not elaborate.

The central bank would also accelerate securitisation and allow foreign institutions as well as wealth management funds to participate in the inter-bank market, he said on the sidelines of a financial forum in Shanghai.

Su said China would widen the channels for capital outflow and support domestic banks, brokers, fund management firms and insurers to invest abroad on behalf of their clients.

He also said that China would establish a monitoring system in Shanghai, especially for short-term and abnormal capital flows.

More from CNBC.com:

Japan Machinery Orders Slip, Deflation Sets In

What the Pros Say: Why China Does Stimulus Best

Singapore's Temasek May Issue Debt, Eyes New Markets

More Asia Pacific News

"With the development of Shanghai as an international financial centre, FX flow will have a bigger impact on economic and financial environment. The cross-border FX flow in Shanghai is of a large amount, in quick speed and very frequent," Su said.

Meanwhile, China would expand a scheme to allow qualified foreign institutional investors (QFII), especially those mid- and long-term ones, to invest in its stock market, he said.

Copyright 2009 Reuters.