People queue up outside the headquarters of the Silicon Valley Bank (SVB) in Santa Clara, California, the United States, March 13, 2023. (Photo by Li Jianguo/Xinhua)Neil Shearing, chief economist at C
Tag: business
Five investments in 3 years show German company\’s confidence in China
BEIJING, March 10 (Xinhua) — Despite the impact of the pandemic, Bitzer, a German compressor technology company, decided to invest another 300 million yuan (about 43 million U.S. dollars) in its Beij
Chinese village woman committed to making renowned chili sauce
GUIYANG, March 8 (Xinhua) — Lao Gan Ma, a major chili sauce maker in China, is a must in kitchens for Chinese living overseas.But it is hard to imagine that Lao Gan Ma was created by an illiterate vi
Private sector economy prioritized at two sessions
China\’s latest efforts to develop the private sector economy will greatly stimulate higher-quality development of private enterprises and their market vitality, which will further support stabilizing
China\’s supreme court pledges better protection of property rights of private business
BEIJING, March 7 (Xinhua) — Chinese courts will take resolute actions to protect legitimate property rights and interests of private businesses and entrepreneurs, a Supreme People\’s Court report said
Decoding China\’s economic recovery at "two sessions"
BEIJING, March 6 (Xinhua) — While a recession risk still hangs over the global economy, the ongoing \”two sessions\” in China reassured investors and businesses that the world\’s second-largest economy
Beijing reports record-high air temperature for early March
Photo taken on Oct. 3, 2022 shows the view of skyscrapers of the Central Business District (CBD) at dusk in Beijing, capital of China. (Xinhua/Wang Jianhua)BEIJING, March 6 (Xinhua) — Beijing on Mond
Myanmar imports Chinese battery electric vehicles for pilot project
This photo taken on March 2, 2023 shows BYD electric cars at the Pannita Auto Fair in Yangon, Myanmar. Myanmar has imported the first batch of Chinese-made battery electric vehicles (BEVs) in January
Interview: Confidence level of foreign companies in China increasing — Deloitte China chair
SHANGHAI, March 3 (Xinhua) — As China continues to further open up for foreign investment, Deloitte, an internationally renowned accounting firm, has very positive prospects for the Chinese economy i
Greater effort vowed on foreign investment
An employee works on the production line of a foreign-funded machinery manufacturer in Suzhou, Jiangsu province. [Photo by Zhai Huiyong/For China Daily]China is a market foreign enterprises must go to