China is preparing to roll out a series of incremental policy measures to stabilize the overall economy, with policymakers signaling stronger fiscal, monetary and consumption-boosting initiatives on Monday as part of its larger drive to reinforce recovery amid external headwinds. “We will continue to enhance policy research, ensure sufficient contingency plans, refine the policy toolkit…
Shenzhen University, with eight billionaire alumni, including Tencent founder and CEO Pony Ma Huateng, listed in Forbes’ list of the World’s Billionaires in 2018 and whose wealth totals 593.5 billion yuan, tops Chinese universities in billionaire alumni generating most wealth. According to a list released by cuaa.net, a third-party university evaluation and consulting research institution,…
The new action plan to further improve the facilitation of cross-border financial services provided in Shanghai will help facilitate Chinese companies’ overseas outreach, which is in turn conducive to the maturity of the cross-border financial sector, said experts. Made up of 18 detailed policies, the action plan aims to improve services concerning cross-border settlements, exchange…
Chinese Manufacturing Enterprises Association released the top 200 Chinese manufacturers with comprehensive strength for the year 2023. Among them, SAIC Group has emerged as the leader along with Amer International Group and China FAW Group securing the second and third positions. The rankings also included other major names in China’s manufacturing sector, such as Huawei,…
The Chinese and Australian national flags in Sydney, Australia. [Photo/Xinhua] After the Boao Forum for Asia Annual Conference 2025 finished recently, its theme of rebuilding confidence in China for foreign businesses resonated deeply. For Australian firms, China remains not just a market of scale, but an important partner in a rapidly evolving global economy. As…
A salesperson introduces products and government subsidies policies to a consumer at a Suning chain store, a leading home-appliance retailer, in Wenzhou city, East China’s Zhejiang province, Nov 11, 2024. [Photo/Xinhua] BEIJING – China’s extensive consumer goods trade-in program has made phased progress this year, delivering tangible benefits to consumers and driving sales growth, the…
The view of Shanghai’s CBD is seen in this photo. [Photo/VCG] Ever since Shanghai implemented on Dec 8 the interim measures for the registration and evidence preservation of data products’ intellectual property rights, the city has dealt with 409 such applications as of Monday, said the local officials. The information was released during a news…
A visitor (right) experiences a helicopter simulator from CITIC Offshore Helicopter Co Ltd during the China International Consumer Products Expo 2025 in Haikou, Hainan province, in April. [LUO YUNFEI/CHINA NEWS SERVICE] China’s low-altitude economy, a strategic emerging sector that is key to developing new quality productive forces, has captured the imagination of the country’s tropical…
A truck passes through the gate of the Dongjiang bonded port area of Tianjin Pilot Free Trade Zone. [Photo provided to China Daily] BEIJING – As China marks the 10th anniversary of establishing three pilot free trade zones (FTZs) in its coastal regions, the country has demonstrated its unwavering commitment to deepening reform and advancing…
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