Posted inEconomy
Relief for Hong Kong housing woes?
Cities in Chinese mainland may offer space for ‘new towns’ A Hong Kong deputy's proposal at the two sessions for Hong Kong to lease 30 square kilometers of land in…
Posted inEconomy
As trucks pack at border, calls rise for easing to support China-Russia trade
Chinese and Russian transport authorities may allow more freight trucks to pass through border checkpoints under proper epidemic control and prevention measures to relieve a backlog at the border, according…
Posted inEconomy
Satellite internet buildup needed in 14th Five-Year Plan: Lei Jun
Chinese smartphone manufacturer Xiaomi's CEO Lei Jun has said in a proposal for the two sessions that satellite internet should be listed in the 14th Five-Year Plan (2021-25), and commercial…
Posted inEconomy
Foreign orders for Chinese face masks continue to pour in
Misconceptions about quality persist among potential buyers Orders for 100 million surgical masks from Europe and Canada have failed to find Chinese suppliers for weeks, as many Chinese factories are…
Posted inEconomy
Digitalization can empower SMEs, create jobs
Providing jobs and helping small and medium-size enterprises (SMEs) weather the shock of the COVID-19 pandemic have become key issues for China, and those issues are attracting much attention ahead…
Posted inEconomy
China imposes punitive duties on Aussie barley, more products could be probed
Australian seafood, dairy products may be ‘next in line’ More Australian products, including seafood and dairy goods, could run into trouble in China after Beijing slapped an 80-percent tariff on…
Posted inEconomy
Chinese economists call for increasing deficit-to-GDP ratio to more than 3%
China will raise its deficit-to-GDP ratio in 2020 to hedge the impact of COVID-19 attack during the impending "two sessions," according to a majority of Chinese economic economists, with some…
Posted inEconomy
China’s financial sector well-equipped to weather COVID-19-plagued global financial storm: senior official
China grasped upon a pivotal window of opportunity in 2019 for its financial sector to be market-oriented, law-based, and globalized, well-equipping its markets to weather a coronavirus-induced global financial tsunami…
Posted inEconomy
China’s timely policy response has proved effective in propping up coronavirus-hit economy: top financial influencers
China's timely macroeconomic policy response to the coronavirus outbreak has proved effective in propping up its economy that's on track for positive growth in 2020, top Chinese financial influencers said…
Posted inEconomy
Shanghai puts phase one of China’s exclusive special comprehensive bonded zone into operation
The Yangshan Special Comprehensive Bonded Zone, China's current exclusive special comprehensive bonded zone, built to promote further opening-up of the country, announced to put its first phase into use on…