As children count the lucky money they have received during the Spring Festival, banks are racing to claim a share of it. Lenders have rolled out unique products featuring preferential rates, special perks and parent-child co-management accounts to tap family assets and cross-sell wealth management as well as insurance products, as shrinking net interest margins…
BEIJING — Total market capitalization of A-shares has exceeded 110 trillion yuan ($15.9 trillion), said Wu Qing, chairman of the China Securities Regulatory Commission, at a press conference Friday on the sidelines of the fourth session of the 14th National People’s Congress. Tanks to chinadaily.com.cn Please visit: Our Sponsor
The draft outline of China’s 15th Five-Year Plan (2026-30) has proposed achieving a notable increase in household consumption as a share of GDP. Marshall Mills, International Monetary Fund’s senior resident representative in China, said the IMF welcomes China’s emphasis on boosting domestic demand and promoting consumption. Rebalancing toward domestic consumption will unlock China’s growth potential,…
China will expand two-way investment cooperation by deepening reform of the institutional framework for promoting foreign investment and ensuring national treatment for foreign-funded enterprises, Premier Li Qiang said on Thursday. Delivering the annual government work report on behalf of the State Council at the opening meeting of the fourth session of the 14th National People’s…
China setting this year’s GDP growth target at between 4.5 percent and 5 percent is both “reasonable, necessary”, and the target is also achievable, said Sun Xuegong, director-general of the department of policy study and consultation at the Chinese Academy of Macroeconomic Research. He told China Perspective during an exclusive interview that the target aligns…
China is aiming for a GDP growth rate of at least 4.5 to 5 percent in 2026, according to a government work report that was submitted Thursday to the country’s top legislature for deliberation. Premier Li Qiang, who delivered the report at the opening of the fourth session of the 14th National People’s Congress in…
BEIJING — China’s GDP is expected to grow by over 6 trillion yuan (about $869.6 billion) this year, head of the country’s top economic planner said Friday. This economic expansion will provide solid support for employment, people’s well-being and risk prevention, Zheng Shanjie, head of the National Development and Reform Commission, told a press conference…
BEIJING — China’s GDP is expected to grow by over 6 trillion yuan (about $869.6 billion) this year, head of the country’s top economic planner said Friday. This economic expansion will provide solid support for employment, people’s well-being and risk prevention, Zheng Shanjie, head of the National Development and Reform Commission, told a press conference…
BEIJING — China’s GDP is expected to grow by over 6 trillion yuan (about $869.6 billion) this year, head of the country’s top economic planner said Friday. This economic expansion will provide solid support for employment, people’s well-being and risk prevention, Zheng Shanjie, head of the National Development and Reform Commission, told a press conference…
BEIJING — China will improve “market-stabilizing mechanisms with Chinese characteristics” during the 15th Five-Year Plan period (2026-30), said Wu Qing, chairman of the China Securities Regulatory Commission, on Friday. China will enrich the means and mechanisms of cross- and counter-cyclical adjustments, and enhance the intrinsic stability of the market, Wu told a press conference on…