Shanghai Futures Exchange (SHFE) and its subsidiary Shanghai International Energy Exchange (INE) have become the first commodity exchanges in the Chinese mainland to join the United Nations Sustainable Stock Exchanges (UNSSE) Initiative, SHFE’s Chairman Tian Xiangyang announced during the 2025 Shanghai Derivatives Market Forum on Thursday. Launched in 2009, the UNSSE is jointly managed by…
A guest shakes hands with a humanoid robot at the ongoing fourth China-CEEC Expo in Ningbo, East China’s Zhejiang province. ZHANG WEI/CHINA DAILY Central and Eastern European countries’ expanding cooperation with China will further energize regional economic activity and deepen industrial integration in the coming years, said senior government officials on Thursday. Speaking at the…
China’s efforts to promote free trade and investment and contribute to stable supply chains will inject much-needed certainty and confidence into the global economy amid rising unilateralism and protectionism, senior officials and global executives said on Thursday. In particular, China’s fast-paced advancements in science and technology and its willingness to foster an open innovation ecosystem…
The shifting geopolitical landscape and the US tariffs uncertainty is prompting countries to explore new routes to external markets and reassess traditional logistical pathways, experts said at a forum on May 22. At an “AIFC Connect” event in Hong Kong aimed at strengthening business ties between Astana and Hong Kong, participants spoke of the potential…
Shanghai Futures Exchange will speed up the rollout of new futures products for casting aluminum alloy, liquefied natural gas, offset paper and corrugated paper as part of its efforts to better serve the real economy, its chairman Tian Xiangyang said. The SHFE will also advance efforts to make nickel futures, among others, accessible to international…
China will channel more fiscal funds and explore innovative financing mechanisms to accelerate urban renewal projects, the Ministry of Finance said on Tuesday. “China will expand the areas eligible for funding from local government special-purpose bonds and increasing the use of these bonds as project capital, providing greater financial resources to support urban renewal initiatives,”…
China’s national general public budget expenditure rose 4.6 percent year-on-year in the first four months – the fastest spending pace seen since 2020, which is set to stimulate domestic demand and boost recovery momentum, analysts said. Data released by the Ministry of Finance showed on Tuesday that national general public budget expenditure came in at…
BEIJING — China’s major commercial banks on Tuesday announced reductions in deposit interest rates, the first cuts this year. The one-year fixed-term deposit interest rate was lowered by 15 basis points to 0.95 percent, announced by the Industrial and Commercial Bank of China, Bank of China, China Construction Bank, Agricultural Bank of China, and China…
China and the Association of Southeast Asian Nations announced on Tuesday the official conclusion of negotiations on the Version 3.0 China-ASEAN Free Trade Area, according to the Ministry of Commerce. China and ASEAN launched negotiations for the upgraded trade deal in 2022. The two sides jointly declared the substantial conclusion of the negotiations in Vientiane, the…
Staff members work at a generator production workshop of Senci Mechanical & Electrical Co Ltd in Beibei district of Chongqing, Southwest China, May 9, 2025. [Photo/Xinhua] China’s first fundamental law dedicated to promoting the private economy took effect on Tuesday, marking a milestone in bolstering the development of the private sector, significantly stabilizing expectations and…