Posted inEconomy
China welcomes back street carts
Policy could generate 100m jobs, add to GDP China is loosening grip on street vendors after years of restricting the sector as it seeks to boost employment in the wake…
Posted inEconomy
Chinese phone vendors all-in on 5G, market share set to break 50%
Chinese smartphone vendors are swiftly shifting focus from 4G devices to launching 5G models, despite the impact of the coronavirus on the industry chain. Shipments of 5G phones could take…
Posted inEconomy
Chinese air regulator opens ‘green channel’ for chartered flights serving eight countries
China's civil aviation authority is allowing domestic and foreign passenger airlines to apply for "green channels" for chartered flights to airports in the Chinese mainland, which means airlines have more…
Posted inEconomy
Quality key to China’s medical supplies, misunderstanding won’t hold country’s exports back
When China is making its utmost efforts from guiding market players to expand production to organizing experts to set industry rules on exports of medical supplies, in order to deliver…
Posted inEconomy
HKEX, MSCI sign derivatives deal
Move will enhance city's financial hub status The Hong Kong Futures Exchange has signed an agreement with MSCI Inc. to license a suite of MSCI indexes covering Asia and Emerging…
Posted inEconomy
Nation adheres to multilateralism, globalization in 2020: top diplomat
Completing negotiations for closer economic partnerships and accelerating talks for free trade agreements are on China's trade schedule for 2020, making multilateralism and cooperation keys words of China's foreign policies,…
Posted inEconomy
Aussie trade chamber calls for closer tie-up, exchanges with China
Although Canberra has been making political noises about China, an Australian businesses community leader in China said complementarity and strong people-to-people ties underpin a mutually beneficial economic relationship between the…
Posted inEconomy
Facing US tech war, China needs to turn to homegrown innovations
Country should prepare for long ‘tech-war’: expert China should forgo the illusion of obtaining technology from the US, and turn to homegrown innovations, and Chinese companies should prepare for a…
Posted inEconomy
China expected to cut interest rates, RRR in H2
China's central bank is highly likely to announce interest rate cuts or reserve requirement ratio (RRR) cuts in the second half of the year to fuel an economic recovery due…
Posted inEconomy
HK’s financial center status not to be shaken by proposed security law: experts
China's banking and insurance regulator has set up a special work group for the Guangdong-Hong Kong-Macao Greater Bay Area, which will promote such work plans as establishing international commercial banks…