China’s police and financial authorities have launched a six-month-long joint campaign to crack down on illegal financial businesses and crimes. The Economic Crime Investigation Department of the Ministry of Public Security and the Investigation Bureau of the National Financial Regulatory Administration held a meeting on Friday, rolling out plans for the campaign. The campaign called…
Chinese authorities issued guidelines on Friday requiring labels on all artificial intelligence-generated content circulated online, aiming to combat the misuse of AI and the spread of false information. The regulations, jointly issued by the Cyberspace Administration of China, the Ministry of Industry and Information Technology, the Ministry of Public Security, and the National Radio and…
Participants in the “CEO: Grow with China” roundtable interact with each other on economy-related topics in Beijing on Friday. WANG ZHUANGFEI/CHINA DAILY China is expected to achieve its annual growth target of around 5 percent this year and present more business opportunities for both domestic and foreign companies, with its intensified efforts to spur innovation…
China’s aggregate social financing — the total amount of financing to the real economy — stood at 9.29 trillion yuan ($1.29 trillion) in the January-February period, up by 1.32 trillion yuan compared to the same period last year, official data showed. The People’s Bank of China, the country’s central bank, said on Friday that the…
The “CEO: Grow with China” Roundtable was hosted by China Daily Institute for Corporate Communication and China Services Information Platform on Friday, with participants sharing insights about China’s business opportunities. [Photo by Wang Zhuangfei/chinadaily.com.cn] China is expected to achieve its annual growth target of around 5 percent this year and present more business opportunities for…
Photo shows a view of Nansha Port in Guangzhou, South China’s Guangdong province. [Photo provided to chinadaily.com.cn] BEIJING – Having long propelled China’s economic ascent, major provincial-level regions are now leading the charge in the country’s transformative shift toward high-quality development. China’s top 10 provincial economic heavyweights, including Guangdong, Jiangsu, Shandong, Zhejiang and Sichuan, accounted…
An aerial view of the Lin-gang Special Area of China Shanghai Pilot Free Trade Zone. [Photo provided to chinadaily.com.cn] BEIJING – As a crucial platform for the government to promote high-level opening-up, China’s pilot free trade zones (FTZs) have introduced pioneering reforms to create a first-class business environment characterized by market-oriented practices, rule of law…
A clerk counts renminbi yuan banknotes in Nantong, East China’s Jiangsu province. [Photo/IC] China will employ a package of targeted measures to further address local government debt this year, with a particular focus on accelerating the debt swap program, reforming local government financing vehicles and curbing the accumulation of new hidden debt, officials and analysts…
A view of the booth of Bank of China during an expo in Fuzhou, Fujian province. CHEN BIN/FOR CHINA DAILY BEIJING — Bank of China will step up financial support to bolster high-quality development of private enterprises and facilitate their overseas expansion, as the private sector serves as a key engine driving China’s economic development. The…
Volunteers celebrate the Chongyang (Double Ninth) Festival at a community in Luoyang, Henan province, on Oct 10.The Chongyang Festival is dedicated to paying respect for the elderly. HUANG ZHENGWEI/FOR CHINA DAILY When a 78-year-old quantum physics professor goes viral “dissecting “Schroedinger’s cat on short-video platform Douyin, when silver-haired models from Hangzhou, Zhejiang province, strut defiantly…