CAI MENG/CHINA DAILY On Sept 26, the Political Bureau of the Communist Party of China Central Committee held a meeting to analyze and study the current economic situation and make further arrangements for economic work, sending signals of vowing to hit the targets for this year’s economic and social development. According to the meeting, the…
File photo shows the Lujiazui area in East China’s Shanghai. [Photo/Xinhua] China has issued 300 billion yuan ($42 billion) in treasury bonds as a stimulus package to support large-scale equipment upgrades and trade-in deals for consumer goods. It is recommended that the government further strengthen coordination between fiscal subsidies and financial services, and continuously expand…
This aerial photo taken on Sept 12, 2023 shows a view of the container terminal of Haikou Port in Haikou, South China’s Hainan province. [Photo/Xinhua] Two years on from the Regional Comprehensive Economic Partnership taking effect, the trade pact has shown signs of early progress, but the full benefits of the agreement will require a…
Border inspectors are busy inspecting inbound and outbound passengers at Guangzhou Baiyun International Airport, which opened a special green channel for the business people attending the 136th Canton Fair. [Photo by Ling Guanming/for chinadaily.com.cn] Guangzhou, the capital of Guangdong province, witnessed a record high of inbound and outbound passenger visits during the 136th China Import…
Foreign visitors inquire about a healthcare product during the 136th Canton Fair in Guangzhou, Guangdong province, on Monday. LU HANXIN/XINHUA The 136th China Import and Export Fair, widely known as the Canton Fair, concluded in Guangzhou, Guangdong province, on Monday, recording a historic high in terms of overseas buyers, according to the event’s organizers. As of…
An employee of a gas station in Xingtai, Hebei province, operates a fuel filling facility. [Photo/Xinhua] BEIJING – China will cut the retail prices of gasoline and diesel on Thursday, based on recent changes in international oil prices, the country’s top economic planner said on Wednesday. Gasoline prices will be reduced by 145 yuan ($20.42)…
A view of Shanghai’s Lujiazui area in July 2021. [Photo/IC] BEIJING – Chinese authorities on Friday released revised rules on foreign investors’ strategic investment in listed companies in a move to encourage foreign investors to make long-term and value investment in the country. The revised rules, jointly released by six government departments, including the Ministry…
A view of the Victoria Harbor in Hong Kong. [Photo/IC] Officials vowed on Tuesday to deepen collaboration between Shanghai and Hong Kong to further unleash the two economic engines’ potential in the nation’s further opening-up, emphasizing the special administrative region’s springboard role for mainland enterprises to go global. They made the pledge at a high-level…
Consumer products on display at the ongoing China International Import Expo in Shanghai. ZHANG WEI/CHINA DAILY China’s recent introduction of a potent stimulus policy package, including dedicated efforts to shore up consumer spending, will provide massive opportunities for global businesses keen to tap into its super-sized market and facilitate the transition toward a consumption-led growth…
Visitors are seen at China’s pavilion of the seventh CIIE in Shanghai on Nov 6, 2024. [Photo by Zhang Wei/chinadaily.com.cn] The seventh China International Import Expo opened at the National Convention and Exhibition Center (Shanghai) on Nov 5, 2024. The overall exhibition area of the expo exceeds 420,000 square meters, with 297 of the global…