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Financing support enhanced for micro, small companies

China has issued a guideline for stepping up financing support for micro and small enterprises, signaling the latest push for promoting a sector that is key to stabilizing employment and reviving the nation’s growth momentum. The document, jointly released on Wednesday by the National Financial Regulatory Administration and seven other central departments, details 23 measures,…

SHFE becomes China’s first commodity exchange to join UNSSE

Shanghai Futures Exchange (SHFE) and its subsidiary Shanghai International Energy Exchange (INE) have become the first commodity exchanges in the Chinese mainland to join the United Nations Sustainable Stock Exchanges (UNSSE) Initiative, SHFE’s Chairman Tian Xiangyang announced during the 2025 Shanghai Derivatives Market Forum on Thursday. Launched in 2009, the UNSSE is jointly managed by…

Trade, business with Central, Eastern Europe on the rise

A guest shakes hands with a humanoid robot at the ongoing fourth China-CEEC Expo in Ningbo, East China’s Zhejiang province. ZHANG WEI/CHINA DAILY Central and Eastern European countries’ expanding cooperation with China will further energize regional economic activity and deepen industrial integration in the coming years, said senior government officials on Thursday. Speaking at the…

Support for free trade ups sentiment

China’s efforts to promote free trade and investment and contribute to stable supply chains will inject much-needed certainty and confidence into the global economy amid rising unilateralism and protectionism, senior officials and global executives said on Thursday. In particular, China’s fast-paced advancements in science and technology and its willingness to foster an open innovation ecosystem…

Kazakhstan role as business, logistics gateway stressed

The shifting geopolitical landscape and the US tariffs uncertainty is prompting countries to explore new routes to external markets and reassess traditional logistical pathways, experts said at a forum on May 22. At an “AIFC Connect” event in Hong Kong aimed at strengthening business ties between Astana and Hong Kong, participants spoke of the potential…

New lows for EU unemployment in 2024

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WNEVC forum held in UAE amid global push for green transition

The UAE forum of the World New Energy Vehicle Congress kicks off in Abu Dhabi on May 20, 2025. [Photo provided to chinadaily.com.cn] More than 200 executives and officials gathered in Abu Dhabi on Tuesday for the UAE forum of the 2025 World New Energy Vehicle Congress, as China and the Gulf nation pledged to…

SHFE to roll out new futures products

Shanghai Futures Exchange will speed up the rollout of new futures products for casting aluminum alloy, liquefied natural gas, offset paper and corrugated paper as part of its efforts to better serve the real economy, its chairman Tian Xiangyang said. The SHFE will also advance efforts to make nickel futures, among others, accessible to international…

China to provide more financial resources for urbanization projects

China will channel more fiscal funds and explore innovative financing mechanisms to accelerate urban renewal projects, the Ministry of Finance said on Tuesday. “China will expand the areas eligible for funding from local government special-purpose bonds and increasing the use of these bonds as project capital, providing greater financial resources to support urban renewal initiatives,”…

Beijing pins focus on digital future

Beijing has deployed nearly 16,000 5G-Advanced (5G-A) base stations and leads Chinese cities in 5G base station density per 10,000 people, municipal authorities said recently. Beijing will further expand opening-up in the telecom sector, said Lu Jianwen, director of the Beijing Communications Administration. Six foreign-funded companies, including Cummins’ China branch, have secured approval for the…