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economic

Policies to support smaller enterprises

Employees work on the production line of a high-tech company in Tianjin. [Photo/Xinhua] China will implement a batch of policies, including those addressing financing and credit, to support small and micro-sized enterprises, platform firms and unicorns, so as to help them expand business and unleash vitality, it was announced on Monday at a conference by…

Systematic approach to support economy

CAI MENG/CHINA DAILY The Political Bureau of the Communist Party of China Central Committee held a meeting on Sept 26 to study and analyze the current economic situation and make further arrangements for economic work. As the year draws to a close, this meeting may serve as the last comprehensive deployment meeting for economic work…

Shift in policy to strengthen nation’s growth

The skyline of Beijing. [Photo/VCG] China’s economic growth is expected to strengthen on a sequential basis amid the latest stimulus package and with more incremental policies in the pipeline, translating into over 5 percent year-on-year growth in the fourth quarter, analysts and economists said on Sunday. They said a long-awaited policy shift is unfolding for…

NDRC brings forward investment plans

A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] China will bring forward part of the investment plans originally set for 2025 to this year while studying to expand the scope that local government special bonds can be used, as part of the country’s stepped-up efforts to spur…

CAFTA upgrade to boost cooperation

The implementation of the China-ASEAN Free Trade Area 3.0 will foster a more inclusive and sustainable regional economy, bolstering supply chain connectivity and resilience between China and the member states of the Association of Southeast Asian Nations, government officials and business executives said on Friday. China and ASEAN announced the substantial conclusion of CAFTA 3.0…

7 Highlights Unveiled for the Upcoming Hongqiao International Economic Forum

The 7th Hongqiao International Economic Forum (HQF) will be held at the National Exhibition and Convention Center (Shanghai) from Nov 5th to 10th. Themed “High-Standard Opening up for Universally Beneficial and Inclusive Economic Globalization”, the forum will feature discussions on building an open global economy and a community with a shared future for mankind, inviting…

China to impose anti-dumping measures on EU brandy imports

China will impose provisional anti-dumping measures on certain brandy imports from the European Union in the form of cash deposits, effective on Friday, said the Ministry of Commerce in an online notice on Tuesday. The deposit rates are set at between 30.6 percent and 39 percent for various European companies, said the notice. In response…

China requests WTO consultations over Türkiye’s EV tariffs

The SAIC Anji cargo ship exports vehicles from Yantai Port in Shandong province on May 15. [TANG KE/FOR CHINA DAILY] BEIJING – China filed a request on Tuesday for consultations with Türkiye at the World Trade Organization over tariffs and licensing measures for imported electric vehicles and other vehicles from China, the Ministry of Commerce…

Improved guidelines for Shanghai’s international business district

A view of the Huangpu River in Shanghai. [Photo/VCG] Introducing more foreign investment while facilitating domestic companies’ outbound reaches are of equal importance to the development of Shanghai’s Hongqiao International Central Business District, according to the set of new guidelines released by the municipal government on Friday. Made up of 33 detailed measures, the guidelines…

‘Golden Week’ for sports lovers in China

Spectators watch the 2024 World Table Tennis China Smash in Beijing on Oct 3. ZHANG CHENLIN/XINHUA BEIJING — While the Forbidden City and Great Wall remain Beijing’s iconic attractions, the capital’s National Tennis Center and Shougang Park emerged as new hotspots for sports fans during China’s weeklong National Day holiday, also known as “Golden Week”, which…