Photo shows a view of Nansha Port in Guangzhou, South China’s Guangdong province. [Photo provided to chinadaily.com.cn] China can further ease the market entry to services consumption sectors while relaxing relevant price restrictions as part of efforts to create a new policy paradigm that prioritizes boosting consumption, which in turn drives investment, said a senior…
Employees work on the production line of a high-tech company in Tianjin. [Photo/Xinhua] BEIJING — Official data showed that China saw robust growth in the outstanding sum of loans to small and micro companies by the end of 2024 amid government efforts to encourage inclusive financing. By the end of the fourth quarter (Q4) of…
This photo taken on Feb 20, 2025 shows a monitoring robot at Tianjin Siasun Intelligent Technology Co Ltd in the Beijing-Tianjin Zhongguancun Tech Town, in Tianjin, North China. [Photo/Xinhua] As a key cooperation platform for Beijing and Tianjin to jointly implement the national strategy for the coordinated development of Beijing-Tianjin-Hebei region, and the first asset-heavy…
Customers shop at a Xiaomi store in Chengdu, Sichuan province. [Photo/Xinhua] The expanded pro-consumption policy, which comprises measures such as subsidies for digital products and home appliances, is driving significant sales growth and deeper market engagement for international brands doing business in China, which is benefiting both retailers and consumers, market insiders and experts said.…
A passenger takes a trial ride on the EH216-S in Guangzhou, the capital of Guangdong province, in December. [Photo provided to chinadaily.com.cn] Unmanned aerial vehicles will start commercial operation in 2025, with more low-altitude aircraft entering the airworthiness certification and pilot application stage in Guangzhou, the capital of Guangdong province, according to Chen Tengfei, a…
A view of Beijing’s CBD area on Aug 19, 2022. [Photo/VCG] BEIJING – Foreign reinvestment in China benefiting from a preferential policy to temporarily exempt certain profits obtained by overseas investors from withholding income tax have seen rapid growth in 2024, data from the State Taxation Administration revealed on Thursday. The total value of reinvestment…
Signage for Morgan Stanley atop a building in Beijing on July 19, 2023. [Photo/VCG] Morgan Stanley has upgraded its outlook on offshore Chinese equities, shifting from a bearish to a more optimistic stance, wallstreetcn.com reported on Thursday. The firm highlighted a structural shift in the Chinese equity market, projecting that technological breakthroughs will drive a…
High-rise buildings dominate the skyline on both sides of the Huangpu River in Shanghai. [Photo by Gao Erqiang / chinadaily.com.cn] Shanghai has announced the continuation of a comprehensive set of measures aimed at reducing operational costs to bolster the business environment and support the development of enterprises. The announcement was made during a news conference…
Tian Xuan, associate dean of Tsinghua University’s PBC School of Finance. [Photo provided to chinadaily.com.cn] The rise of DeepSeek and Ne Zha 2 signifies that China’s innovation ecosystem is gaining a stronger foundation, paving the way for the emergence of more groundbreaking innovations that “we might not even be able to imagine now”, said a…
BEIJING — China will increase credit support for private enterprises, the country’s financial regulator has said. Efforts should be made to maintain a stable and effective increase in credit supply to private enterprises, and to strengthen support for first loans, renewals and credit loans to small and micro companies, the National Financial Regulatory Administration said…