The National Bureau of Statistics (NBS) said yesterday that the contribution of trade to China’s economic growth fell to 12.5 percent in the first nine months of this year. The decline and the worsening global financial crisis have caused economists to forecast harder period for the exporters during the first half of next year. Read more…

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Overseas Chinese has definitely has made considerable contribution to the city’s development through playing an active role in the funding of nearly half of the 28,000 foreign-invested companies in Shanghai.

The overseas Chinese birth or decent were high praised at a lately gathering in memory of the 30th anniversary of China’s reform and opening up to the outside world, for their deep love of their motherland. Read more…

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