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Growing optimism leads Australian firms to further invest in China

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Visitors check out products from Australia during the eighth China International Import Expo in Shanghai on Nov 8. [Photo provided to China Daily] Almost half of Australian companies plan to increase investment in China, reflecting growing confidence in the bilateral trade and investment relationship, according to a new report released by the China-Australia Chamber of…

Chinese vice-premier calls for enhanced quality, effectiveness of foreign trade

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CHANGSHA – Chinese Vice-Premier He Lifeng has called for sustained efforts to enhance both the quality and effectiveness of foreign trade, emphasizing the need to remove bottlenecks and obstacles hindering the development of a unified national market. He, also a member of the Political Bureau of the Communist Party of China Central Committee, made the…

Nation’s euro bond sale shows investors’ confidence

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The overwhelming demand for China’s latest offering of euro-denominated sovereign bonds reflected confidence of global investors in the country’s sovereign credit and long-term economic potential, financial professionals and experts said. They added that China’s back-to-back issuance of two sovereign bonds in a month also highlights the country’s commitment to high-level opening-up and deeper integration with…

Strong demand for China’s sovereign bonds signals global confidence

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The overwhelming demand for China’s latest offering of euro-denominated sovereign bonds reflects confidence of global investors in the country’s sovereign credit and long-term economic potential, financial professionals and experts said. They added that China’s back-to-back issuance of two sovereign bonds in a month also highlights the country’s commitment to high-level opening-up and deeper integration with…

China strictly adhering to China-US trade agreement: commerce ministry

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China is strictly adhering to the consensus reached during the China-US economic and trade consultations in Kuala Lumpur and proceeding with the implementation of relevant measures, the Ministry of Commerce said on Thursday. He Yongqian, spokeswoman for the ministry, made the remarks when responding to questions about news reports that China and the United States…

Central SOEs advance green supply chains

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China’s centrally administered State-owned enterprises have made notable progress in building green supply chains, as shown by the widespread adoption of measures to enhance green and low-carbon design, according to a report released Wednesday. Unveiled at this year’s United Nations climate change conference in Belem, Brazil, the report said central SOEs have increasingly improved their…

Economy seen on steady track

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Domestic and international financial institutions have voiced confidence in China’s economy, believing it will see a steady recovery over the coming years as policy support and industrial upgrading drive resilient growth. Their remarks followed the country’s release of recommendations for the 15th Five-Year Plan (2026-30) last month, which outlined its development blueprint over the next…

StanChart: Investors confident about stocks, RMB

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Despite geopolitical headwinds, international investors are confident about the improved valuations of Chinese stocks and further internationalization of the renminbi amid the country’s continued economic growth, said Bill Winters, group chief executive of multinational bank Standard Chartered. International investors have realized that some of the technologies developed in China are “extremely competitive in any global…

Global biz leaders praise Jiangsu’s robust development environment

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On Tuesday, top executives from several multinational companies convened in Wuxi, Jiangsu province, to commend the region’s robust development environment, express a strong commitment to deepening partnerships, and explore strategies for enhancing the resilience of industrial chains in the face of global economic uncertainties. The event drew approximately 700 attendees from both home and abroad,…

Financial health underlined for inclusive finance development

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China is placing greater emphasis on financial health as the next stage of its inclusive finance agenda, shifting the focus from simply broadening access to improving the quality, depth and durability of financial services for households and small businesses. This shift was highlighted with the release of an inclusive finance white paper jointly launched on…