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Guideline to lift role of MF benchmarks

China’s securities regulator has set a regulatory framework to strengthen the role of performance benchmarks in regulating mutual fund investments, a milestone move to enhance the industry’s investment performance and attract more long-term investments, officials and experts said. Informed sources told China Daily that the rollout of relevant measures will proceed steadily and prudently, with…

China in spotlight at WEF in Davos

A participant walks past the logo of the World Economic Forum prior to the opening of its annual meeting, in Davos, Switzerland, Jan 18, 2026. [Photo/Xinhua] As the World Economic Forum convened in the snow-capped Swiss town of Davos last week, the spotlight was firmly on China. Amid global uncertainties, Chinese leaders and delegates brought…

China’s Greater Bay Area GDP expected to top 15 trillion yuan in 2025

This photo taken on Dec 8, 2022 shows a view of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone in the southern metropolis of Shenzhen, South China’s Guangdong province. [Photo/Xinhua] GUANGZHOU – China’s Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is pushing forward with integration, with its combined economic output expected to surpass 15 trillion…

China vows efforts to optimize supportive policies for foreign investment

An aerial drone photo taken on Jan 14, 2026 shows a truck transporting a container at the international container terminal of Taizhou Port in Taizhou, East China’s Jiangsu province. [Photo/Xinhua] BEIJING – The Ministry of Commerce has vowed to further optimize supportive policies for foreign investment in 2026, pledging efforts to provide equal treatment to…

Financial forum opens in Hong Kong, highlights new horizons in evolving world

HONG KONG – The 19th Asian Financial Forum (AFF) opened in Hong Kong on Monday, bringing together global political and business leaders and regulatory representatives to promote international financial cooperation and policy coordination. Under the theme “Co-creating New Horizons amid an Evolving Landscape,” this year’s forum features the inaugural Global Business Summit, which will assess…

Chinese, Finnish enterprises sign deals as committee for innovative business cooperation meets in Beijing

BEIJING – Chinese and Finnish enterprises on Monday engaged in lively discussions on cooperation in innovation, green development and digitalization, and signed multiple commercial agreements during the sixth meeting of the China-Finland Committee for Innovative Business Cooperation, which was held in Beijing. Finnish Prime Minister Petteri Orpo and Chinese Minister of Commerce Wang Wentao attended…

China pledges to be ‘market for the world’ as it pursues high-standard opening-up

Foreign tourists check out at a market in Sanya, South China’s Hainan province, on Jan 11, 2026. [Photo/Xinhua] BEIJING – China, beyond its “world’s factory” name, is willing to become a “market for the world,” with its super-large market set to provide broad opportunities for products and services from all countries, the Ministry of Commerce…

CSRC steps up enforcement on private fund sector with record penalty

China’s securities regulator has imposed its heaviest penalty yet on illegal behaviors involving privately offered asset management firms, underscoring its ongoing efforts to intensify crackdown on illicit activities in the private fund sector to better protect investor interests. The China Securities Regulatory Commission said on Friday that Zhejiang Ruifengda Asset Management Co Ltd, several affiliated…

Duty-free shopping fuels Hainan’s inbound tourism

Costumers shop at the Sanya International Duty Free City in Sanya, South China’s Hainan province, on Jan 10. GUO CHENG/XINHUA HAIKOU — At the Sanya International Duty Free Shopping Complex in South China’s island province of Hainan, customers stood in a long line behind a checkout counter. Anton, a tourist from Belarus, was shopping with…

Growth gaining traction amid upbeat outlook

Foreign institutions and global executives are striking a broadly upbeat tone on China’s economy in 2026 and are increasingly confident about new opportunities generated by high-quality growth, citing the country’s economic resilience, strong policy support and faster technology-driven transformation. Even though short-term headwinds persist, they expect China’s economic growth to maintain its momentum over the…