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From January to March, the industrial profits of enterprises above designated size achieved 1065.9 billion yuan, a year-on-year increase of 32%.
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The 11 March 2011 Great East Japan Earthquake was the strongest ever recorded in Japan and triggered the country’s worst disaster of the post-war era. The earthquake and accompanying tsunami resulted in an enormous loss of human life, as well as massive economic damage. A preliminary report by the government estimated the damage to social infrastructure, housing and private firms’ fixed capital at between 3.3% and 5.2% of 2010 GDP.
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Resurgent global food prices, which posted record increases in the first two months of 2011, are again threatening to push millions of people in developing Asia into extreme poverty, says a new report from the Asian Development Bank (ADB) titled 'Global Food Price Inflation and Developing Asia'.
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China's apparent oil demand in March was 38.96 million metric tons (mt), or an average of 9.2 million barrels per day (b/d), according to a Platts analysis based on recent figures published by the Chinese government. In metric tons, this is an increase of 10.5% year over year, as the world's second largest oil consumer's usage continued to grow unabated.
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The Conference Board Leading Economic Index®(LEI) for China increased 0.3 percent in February to 155.3 (2004 = 100), following a 0.2 percent increase in January and a 0.5 percent decline in December. Three of the six components contributed positively to the index in February.
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The sales price of newly constructed residential buildings in 70 large and medium-sized cities decreased in 12 cities and that of remained the same level in 8 cities comparing with the previous month.
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In the first quarter of 2011 the national economy maintained steady and fast growth, and had a very good beginning. According to the preliminary estimation, the gross domestic product (GDP) of China in the first quarter of this year was 9,631.1 billion yuan, a year-on-year increase of 9.7 percent.
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Business Climate Survey results of NBS in whole country showed that the national business climate index (BCI) was 133.8 in the first quarter of 2011, fell 4.2 points over previous quarter.
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According to the results of nationwide survey showed that entrepreneur confidence index (ECI) gained 137.4 in the first quarter of 2011, remained the same level with the previous quarter.
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Small and medium businesses (SMBs, companies with less than 1000 employees), across Asia-Pacific, excluding Japan (APAC), will spend US$16 billion on non-desktop PCs in 2011, much higher than spending on desktop PCs. Non-desktop PCs include laptops, netbooks and tablets. While tablets have attracted much media attention of late, the bulk of APAC SMB spending on non-desktop PCs is on laptops and netbooks.
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