BEIJING – The People’s Bank of China (PBOC), which is the country’s central bank, on Monday conducted 300 billion yuan ($41.2 billion) of 14-day reverse repos, in the first such operation since it adjusted the tool’s bidding rules last week. The operation was carried out through fixed-volume, interest rate tenders with multiple bid prices, the…
Following strong gains so far this year, China’s stock market may continue to outperform US equities when taking a one-year view. That’s according to Timothy Moe, chief Asia-Pacific regional equity strategist and co-head of macro research at Goldman Sachs. “We’re hopeful that will continue,” Moe said in Beijing on Friday. “Simple arithmetic would say that…
Professor Claudio Ronco, founder and president of the International Renal Research Institute of Vicenza in Italy, emphasized the importance of raising awareness about kidney disease, prevention and care during the “919 Uremia Care Day” public welfare event on Friday. [Photo provided to chinadaily.com.cn] China has launched assistance programs targeting 120 million chronic kidney disease patients…
Business executives from China and the United Kingdom gathered in London on Wednesday to explore cooperation opportunities at an industry and investment roundtable hosted by the UK’s 48 Group and the Chaoyang District of Beijing. The event spotlighted Chaoyang district — Beijing’s central business hub and main diplomatic area — as an attractive destination for…
A company sells a wide range of clothing at Silk Road Nanhua Cross-Border E-Commerce Industrial Park in Suzhou. [Photo provided to chinadaily.com.cn] Suzhou, East China’s Jiangsu province, is not only fueling the cross-border trade of its homegrown enterprises but also embracing foreign capital, forging a dual path of international economic engagement. The Silk Road Nanhua…
China’s top market regulator said on Friday that it has opened an investigation into Chengdu Kuaigou Technology Co, the e-commerce subsidiary of Kuaishou, for suspected violations of the country’s e-commerce law. Beijing is currently stepping up its regulation of the fast-growing livestreaming industry. The State Administration for Market Regulation said the decision followed a preliminary…
The 2nd China (Dalian) International Marine Trade Expo is running until Sunday in Dalian, Liaoning province. [Photo provided to chinadaily.com.cn] More than 400 domestic and overseas companies are taking part in the second China (Dalian) International Marine Trade Expo, which opened on Friday in the northeastern port city of Dalian, Liaoning province. The three-day event…
Land Rover showcases the Defender 110 at the China International Import Expo in November in Shanghai. CHINA DAILY Customer satisfaction with after-sales service in China has climbed for a second straight year as automakers race to improve dealer experiences and sharpen their competitive edge, according to a new J.D. Power study. The 2025 China Customer…
The MIT Technology Review has unveiled its annual “50 Smartest Companies” list, known as the TR50, with life sciences emerging as one of the standout sectors. Companies including Jinbo Bio-Pharmaceutical Co Ltd, Insilico Medicine, METiS TechBio, BEIJING PINS MEDICAL Co Ltd and DP Technology grabbed spots on the list. The four leading sectors in this…
An aerial drone photo shows a view of the Tangshan Port in North China’s Hebei province, Jan 13, 2025. [Photo/Xinhua] Exports from northern China’s Hebei province to BRICS partner countries grew by 10.6 percent year-on-year in the first eight months of this year, reaching 25.48 billion yuan ($3.58 billion), according to figures from Shijiazhuang Customs…