China is stepping up efforts to improve access to credit for millions of gig workers, with Ding Xiangqun, minister of the National Financial Regulatory Administration, saying the regulator will encourage financial institutions to develop dedicated inclusive financial products for new employment groups, such as truck drivers, ride-hailing drivers, food delivery staff and couriers, to support…
China is stepping up efforts to improve access to credit for millions of gig workers, with Ding Xiangqun, minister of the National Financial Regulatory Administration, saying the regulator will encourage financial institutions to develop dedicated inclusive financial products for new employment groups, such as truck drivers, ride-hailing drivers, food delivery staff and couriers, to support…
Consumers check out cosmetics at a duty-free shopping mall in Haikou, Hainan province, on June 6. SU BIKUN/FOR CHINA DAILY In the first six months since island-wide special customs operations were launched, Hainan Free Trade Port has delivered robust economic results, with duty-free sales surging, trade expanding and the FTP’s cross-border financial account system gaining…
Consumers check out cosmetics at a duty-free shopping mall in Haikou, Hainan province, on June 6. SU BIKUN/FOR CHINA DAILY In the first six months since island-wide special customs operations were launched, Hainan Free Trade Port has delivered robust economic results, with duty-free sales surging, trade expanding and the FTP’s cross-border financial account system gaining…
Copyright 1994 – . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested…
Shoppers interact with a robot at an unmanned retail store in Shenyang, Liaoning province. ZHAO JINGDONG/FOR CHINA DAILY China’s moves to accelerate innovation in the retail sector are expected to create new sources of consumer demand, inject fresh momentum into the industry and strengthen consumption-driven growth, government officials said on Thursday. The country issued a…
China’s economic growth, buoyed by stronger-than-expected exports and rapid artificial intelligence innovations, is expected to have remained on stable footing in the first half of the year, with major international institutions expressing growing confidence in the country’s economic outlook, economists said. While external demand for high-tech products is expected to sustain growth momentum in the…
A calligraphy demonstration is staged at the South Korea Pavilion during the 32nd China Lanzhou Investment and Trade Fair in Lanzhou, Gansu province, on Thursday. [Photo by Wu Yuexuan/for chinadaily.com.cn] The 32nd China Lanzhou Investment and Trade Fair opened in Lanzhou, Gansu province, on Thursday, with Pakistan and South Korea serving as this year’s guest…
China’s consumer inflation remained moderate in June, while factory-gate price growth accelerated for a fourth straight month, official data showed on Thursday. China’s consumer price index, a main gauge of inflation, rose 1.0 percent year-on-year in June, easing from a 1.2 percent increase in May, according to the National Bureau of Statistics. Dong Lijuan, a…
China’s central bank has newly flagged “structural divergence” in the economy, a shift that analysts said signals a greater likelihood of proactive easing in the second half of the year to cushion downside risks as imported inflation pressures begin to ease. In a statement late on Wednesday after the second-quarter meeting of its monetary policy…