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In the first half year, the industrial profits of enterprises above designated size achieved 2,410.5 billion yuan, a year-on-year increase of 28.7 percent.

Venture capital investments in China have come roaring back from the economic crisis, reaching $5.4 billion in 2010, a 79% increase over 2009. China venture capital (VC) investments are growing at a pace that’s outstripped every other nation on the planet, according to the inaugural report from Lux Research’s new China Innovation Intelligence service. Lux Research reports that 40% of China’s overall venture capital has backed emerging technologies since the start of 2010, affirming the country’s intent to be a rising global leader in technological innovation.

The Conference Board Leading Economic Index® (LEI) for China increased 0.5 percent, and The Conference Board Coincident Economic Index® (CEI) also increased 0.5 percent in May.

Trade has been a key tool for driving growth and poverty reduction in Asia and should be expanded and improved so the benefits are shared by all economies in the region, Asian Development Bank (ADB) President Haruhiko Kuroda said today.

I. The Sales Prices of Newly Constructed Residential Buildings (excluding affordable housing)

The Conference Board Leading Economic Index®(LEI) for Korea increased 0.4 percent and The Conference Board Coincident Economic Index®(CEI) for Korea increased 0.3 percent in May.

According to the sample survey on the summer grains in main-producing regions and the statistics on the summer grains in non-main producing regions, the total output of summer grain in 2011 reached 126.27 million tons, increased 3120 thousand tons, and a growth rate of 2.5%.

In the first half of 2011, faced with the complicated and volatile international environment and the emerging challenges in domestic economic development, the Central Party Committee and the State Council firmly carried out the pro-active fiscal policy and prudent monetary policy, continuously strengthened and improved macro control. As a result, the national economy showed a good momentum of development, and kept moving towards the expected direction of macro control.

National Business Climate Survey results showed that the business climate index (BCI) was 135.6 in the second quarter, increased 1.8 points over the previous quarter.

The results of nationwide survey showed that entrepreneur confidence index (ECI) gained 132.4 in the second quarter of 2011, dropped 5.0 points over the previous quarter.