Skip to content

economic

China’s commerce body urges EU to reconsider restrictions on medical devices

Turning policy instruments into outright trade barriers would not only harm interests of China and the European Union but also weaken global confidence in economic recovery and sustainable growth, said China Chamber of Commerce to the EU on Tuesday. This move followed media reports that EU member states have recently approved restrictive measures under the…

ACFTA 3.0 will help resolve the South China Sea issue

“The South China Sea issue is not the entirety of China-ASEAN relations,” said Wu Shicun, chairman of Huayang Center for Maritime Cooperation and Ocean Governance, during the 2025 RCEP Media & Think Tank Forum. He believes that ACFTA 3.0 could create a favorable atmosphere for resolving the South China Sea issue, particularly in promoting maritime…

US seriously undermines economic talks with China

The United States has seriously undermined the consensus reached during the China-US economic and trade talks in Geneva by repeatedly imposing various discriminatory and restrictive measures against China, said the Ministry of Commerce on Monday. In response to the US claims that China has “recently violated the consensus” reached during the China-US economic and trade…

US slammed for repeated policy shifts

The United States’ repeated and unpredictable policy shifts have not only enhanced the risk of deepening its economic and trade frictions with China, but have also weakened its credibility in the international market, analysts and exporters said on Monday. These policy shifts are undermining the confidence of global businesses and investors in US policies, market…

Shanghai tightens financial sector supervision

Night view of Lujiazui Financial and Trade Zone of Pudong in Shanghai, July 8, 2017. [Photo/VCG] Shanghai is considering to increase regulatory function to its existing municipal financial service office and is researching possibilities to set up a specialized financial court to better supervise the financial market, said a senior official on Thursday. Zheng Yang,…

World’s top 10 gold-producing countries

Global gold mine production reached a total of 3,247 tons in 2017, five tons below the previous year, according to the GFMS Gold Survey 2018. It is also the first annual drop since 2008, and the report attributed it to environmental concerns, and crackdowns on illegal mining operations. China, the world’s number one gold producer,…

Top 10 Chinese cities with the most job opportunities

Guangzhou in South China’s Guangdong province provides the most job opportunities in enterprises in the first quarter of this year, a report said. With development of the Guangdong-Hong Kong-Macao Greater Bay Area set to begin, Guangzhou witnessed 24.95 percent year-on-year growth in recruitment demand in Q1, according to the report by 58 Tongcheng Recruitment Research Institute.…

Top 10 Chinese industries producing billionaires

The TMT, or technology, media and telecom sector has created the most billionaires in China, with 80 from the sector according to business magazine New Fortune’s 500 rich list in 2019. China’s richest man — Tencent’s Pony Ma — is from that sector, with a personal wealth of 226.04 billion yuan. Supported by technology, online…

Top 10 most-downloaded apps in 2020

TikTok, the video-sharing app developed by Chinese internet company ByteDance, overtook Facebook to become the most downloaded app globally in 2020, according to an industry report by App Annie, a mobile data and analytics service provider. Facebook ranked second, followed by WhatsApp Messenger, Zoom and Instagram. The downloads’ data is based on combined results from…

Top 10 Chinese cities with highest life quality in 2020-2021

The China Economic Life Survey (2020-2021) revealed the top 10 Chinese cities with the highest quality of life in Chengdu, Sichuan province, on April 23, 2021. The survey, which was jointly conducted by CCTV News, National Bureau of Statistics, China Post Corporation, and National School of Development at Peking University, has continued for 15 years,…