China’s securities regulator is to implement new guidelines for strengthening the role of performance benchmarks in regulating mutual fund investments. Widely used in overseas markets but less developed in China, performance benchmarks — typically stock or bond indexes — are the standards set by fund management companies to reflect a mutual fund’s investment style, ensure…
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China is to draft new national standards covering meals prepared in the catering sector, the State Council’s Food Safety Commission Office and the State Administration for Market Regulation announced on Thursday. Regulators have also prepared a separate parallel notice aimed at increasing transparency in the catering sector. Co-drafted with the market regulator and the Ministry…
China is willing to work with Finland to deepen cooperation in areas including the green transition, information technology and the digital economy, a Ministry of Commerce spokesperson said on Thursday, following confirmation of Finnish Prime Minister Petteri Orpo’s upcoming visit to China. At the invitation of Premier Li Qiang, Finnish Prime Minister Petteri Orpo will…
China’s major stock indexes on display on a billboard in Shanghai. CHINA DAILY A slow bull run has largely been established in the Chinese mainland’s A shares and is poised to benefit from capital market reforms and economic recovery, potentially evolving into a long-term bull market, according to the Bank of China. At the same…
Wenzhou has officially joined the ranks of China’s top economic performers, with its GDP surpassing 1 trillion yuan ($143.6 billion) in 2025, thanks to its dynamic private sector, robust industrial economy and technological innovation. The announcement was made on Jan 20 at the 6th Session of the 14th Wenzhou Municipal People’s Congress, making Wenzhou the…
BEIJING – The People’s Bank of China announced on Thursday that it will conduct a 900-billion-yuan ($128.54 billion), one-year medium-term lending facility (MLF) operation on Friday, aiming to maintain ample liquidity in the country’s banking system. The central bank said the MLF operation will be carried out via a fixed-quantity, interest-rate-bidding and multiple-price-bidding method. The…
BEIJING – The People’s Bank of China (PBOC) will continue to implement a moderately loose monetary policy in 2026, and will utilize tools such as reserve requirement ratio (RRR) cuts and interest rate reductions to ensure liquidity remains sufficient, according to central bank governor Pan Gongsheng. Monetary policy will focus on promoting stable economic growth…
BEIJING – A Chinese Ministry of Commerce spokesperson on Thursday welcomed Canada’s new trade arrangements for electric vehicles (EVs) exported from China, calling them “a positive step in the right direction.” Spokesperson He Yongqian made the remarks when answering a question on the agreements on EVs and rapeseed reached between the two countries. According to…
According to an announcement from Dalian’s statistics bureau on Thursday, the city’s gross domestic product reached 1.00021 trillion yuan in 2025, up 5.7 percent year-on-year, making it the first city in Northeast China with a GDP to exceed the trillion mark. Tanks to chinadaily.com.cn Please visit: Our Sponsor