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economic

Policy seen stabilizing Shanghai housing

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Potential homebuyers look at a property model in Shanghai. CHINA DAILY The seven-item policy package easing homebuying restrictions in Shanghai is expected to consolidate market stabilization, unleash diverse housing demand, and thereby promote the formation of a benign market mechanism that effectively supports the stable and healthy development of the property market, said industry experts.…

Catalog of services imports to expand

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Visitors browse imported goods during a trade fair in Beijing on Feb 4. JU HUANZONG/XINHUA China’s latest move to unveil an updated catalog aimed at expanding services imports will provide broader market space for companies worldwide and help facilitate the efficient allocation of high-quality global services resources, said government officials and company executives on Thursday.…

City boosting affordable homes market

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An initiative to pilot a mechanism to acquire preowned homes that will guarantee the supply of government-subsidized rental housing will help Shanghai play the role of a market stabilizer, experts said. The tone-setting annual Central Economic Work Conference, which concluded in December, had proposed the acquisition of existing commercial housing as a solution to ensure…

CSRC chairman pledges deeper capital market opening, reforms of STAR Market and ChiNext

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This file photo shows an exterior view of the People’s Bank of China in Beijing. [Photo/Xinhua] China’s top securities regulator has pledged to push the country’s capital market opening to a deeper and higher level while advancing reforms of the STAR Market and ChiNext during a meeting with foreign financial institutions. Wu Qing, chairman of…

Extra tariffs on Canada to be suspended

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China will suspend additional tariffs imposed on certain imports from Canada after recent consultations led to an arrangement to resolve bilateral trade issues between the two countries, the Customs Tariff Commission of the State Council announced on Friday. The revised measures will take effect on Sunday, and remain in force until Dec 31, said the…

China tightens rules on online food merchants

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Delivery riders pick up food packages from a restaurant in Zouping, Shandong province. Dong Naide/For China Daily China will require online takeaway restaurants to use the same name as their physical storefronts and disclose more operational details, tightening oversight of the fast-growing food delivery sector as regulators seek to curb misleading practices and food safety…

Investors hold positive view on Chinese shares

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An employee conducts welding operation in a workshop in Haikou National Hi-tech Industrial Development Park in South China’s Hainan province, Nov 14, 2025. [Photo/Xinhua] Foreign investors and asset managers are showing a positive outlook on Chinese equities this year amid a consensus that improved profits — a result of continued investment in technology and economic…

Maturing time deposits to test investment appetite

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A huge wave of maturing household time deposits, totaling tens of trillions of yuan, is set to test the investment appetite of Chinese savers in 2026, potentially reshaping the flow of capital across the country’s financial markets as more asset allocation options emerge. According to estimates by China International Capital Corp, roughly 75 trillion yuan…

Maturing time deposits to test investment appetite

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A huge wave of maturing household time deposits, totaling tens of trillions of yuan, is set to test the investment appetite of Chinese savers in 2026, potentially reshaping the flow of capital across the country’s financial markets as more asset allocation options emerge. According to estimates by China International Capital Corp, roughly 75 trillion yuan…

China reports daily average of 26,000 new businesses in 2025

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People visit the historic and cultural city block Three Lanes and Seven Alleys in Fuzhou, Southeast China’s Fujian province, Feb 21, 2026. [Photo/Xinhua] BEIJING – China registered an average of 26,000 newly established enterprises per day in 2025, official data showed on Saturday. A total of 25.74 million new businesses were set up nationwide last…