Economy

Futian district in South China’s tech hub Shenzhen will hand out 100 million yuan ($15.7 million) in consumer vouchers and subsidies to the public, as the local government recently issued…

China's services and factory activities were both severely restricted in March amid the latest outbreak of COVID-19 cases in multiple places across the country, according to the latest survey revealed…

Nearly 90 percent of listed companies reported revenue growth in 2021 compared with the previous year, and 70 percent reported increased profits in their annual reports, according to financial data…

As many as 6.95 million online mourning activities are held during the 2022 Qingming Festival, or Tomb-Sweeping Festival, in Chinese mainland, marking a year-on-year rise of 275.7 percent, said China's…

The Shanghai headquarters of the People's Bank of China called on the public to avoid illegal incense paper in the shape of counterfeit renminbi during ancestral worship marking the Qingming…

Two Chinese cities announced the lifting of housing purchase restriction policies at the start of April, sending the total number of domestic cities easing policies to boost the flagging housing…

Shanghai's energy supplies including gas, liquid natural gas (LNG) and electricity remain stable during the latest Omicron outbreak in the financial hub, as cooperation within different local departments is minimizing…

The People's Bank of China (PBC) vowed to include six more cities into digital yuan testing, and the current number of cities that can use digital yuan has increased to…

China's central bank announced Saturday that its digital yuan pilot program will be expanded to more domestic cities following its successful operation over the past years. The digital fiat currency,…

The Port of Shanghai, the world's largest, has been operating as usual and the port has not seen a backlog of container ships since February, the Shanghai International Port Group…