The recent rally in Chinese equities still has legs as the ongoing two sessions have reinforced upbeat investor sentiment about the adoption of artificial intelligence leading to more capital inflow and further stock revaluations, said global asset managers and investment banks. Meng Lei, China equity strategist at UBS Securities, said on Friday that he expects…
Cai Qiang, a deputy to the 14th National People’s Congress addressing the media on the sidelines of the ongoing two sessions at the Great Hall of the People in Beijing, on March 8, 2025. [Photo by Zhang Wei/chinadaily.com.cn] Hainan Free Trade Port will begin independent customs operations this year and further upgrade its preferential tax…
Guo Yufeng, a national political advisor and the deputy general manager of Phytium Technology, a Chinese chipmaker, said that large model applications are indivisible with computing power support. As computing resources are still scarce, he suggested allocating computing power to areas that can generate practical output and improve efficiency to avoid waste of resources. Tanks…
BEIJING – China’s foreign trade recorded steady performances in the first two months of 2025, with total goods trade volume reaching 6.54 trillion yuan ($912.07 billion), data from the General Administration of Customs showed on Friday. This represents a moderate decrease of 1.2 percent from a year earlier, the data showed. After excluding the impact…
Export-bound vehicles await shipment at Taicang Port, Jiangsu province. JI HAIXIN/FOR CHINA DAILY China’s policymakers vowed during the two sessions to bolster policies for stabilizing foreign trade and support enterprises in securing orders and exploring new markets as escalating tensions with the United States due to Washington’s tariff hikes dampen normal trade activity, analysts and executives…
Commerce Minister Wang Wentao (center), China Securities Regulatory Commission Chairman Wu Qing (left) and National Development and Reform Commission Director Zheng Shanjie attend a news conference during the third session of the 14th National People’s Congress in Beijing on Thursday. ZHANG WEI/CHINA DAILY China is open to dialogue with the United States on an equal footing…
China has sufficient fiscal policy tools and ample flexibility to effectively respond to potential domestic and external uncertainties, Minister of Finance Lan Fo’an said at a news conference on Thursday. China has opted for a more proactive fiscal policy this year, aimed at achieving annual targets and strengthening the drivers of medium and long-term development,…
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Copyright 1995 – . 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…
Employees work on a production line of NEV maker BYD in Xi’an, Shaanxi province. [YUAN JINGZHI/FOR CHINA DAILY] BEIJING – China has announced a series of relaxed rules for merger and acquisition (M&A) loans targeting tech companies in a pilot program aimed at channeling more capital into sci-tech innovation and enhancing China’s technological competitiveness, according…