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Tag: measures

China has room for further RRR cuts; debt at appropriate level: Chinese officials

wangxiao03/22/20240

Chinese monetary policy has ample space and a rich reserve of tools, with room to further cut the reserve requirement ratio (RRR), and debt is at an appropriate level, Chinese officials told an econom

China moves to further boost payment convenience for foreigners

wangxiao03/22/20240

BEIJING, March 21 (Xinhua) — Jennifer Anzora, a Salvadoran student studying in Beijing, routinely used Alipay to pay for her coffee. She was pleasantly surprised to see that her native language, Span

Economy set to improve in 2024: Experts

wangxiao03/22/20240

Robots seen on the assembly line of automaker FAW Group in Changchun, Jilin province. XU CHANG/XINHUA
China is expected to register better economic performance this year, thanks to its strong economic

Harmony Ecosystem Innovation Center launched in S China

wangxiao03/21/20240

SHENZHEN, March 20 (Xinhua) — The Harmony Ecosystem Innovation Center was officially inaugurated in the Guangdong-Hong Kong-Macao Greater Bay Area on Tuesday.
At the launch ceremony, Nanshan District

China commits to establishing region-specific environmental management system by 2025

wangxiao03/19/20240

An aerial drone photo shows a view of Guangyang Isle in southwest China\’s Chongqing, March 16, 2024. Guangyang Isle, the most extensive green island in the upper reaches of the Yangtze River, has been

Analysts say Jan-Feb data bodes well for robust 2024

wangxiao03/19/20240

Economic momentum gained traction in China during the first two months of the year with better-than-expected performance of both supply and demand, setting a promising tone for a robust 2024.
While ex

Wondrous Xinjiang: Project renovating old residences revitalizes ancient city

wangxiao03/19/20240

Local resident Abdukader Mamtimin makes rose tea at his tea house in a historic and cultural community in Kuqa City in northwest China\’s Xinjiang Uygur Autonomous Region, March 15, 2024.(Xinhua/Zhang

Commentary: New model for real estate conducive to China\’s economy

wangxiao03/14/20240

BEIJING, March 13 (Xinhua) — To listen to the naysayers is to believe that China\’s real estate market is a weak link that is dragging down its economy. This view is nothing short of myopia and ignore

More policies set to back property sector

wangxiao03/14/20240

A salesman (left) introduces a residential project to potential homebuyers in Taiyuan, Shanxi province. WEI LIANG/CHINA NEWS SERVICE
China is expected to roll out more policies to support the financin

China Hospitality Association urges greater convenience for global travelers

wangxiao03/13/20240

BEIJING, March 12 (Xinhua) — The China Hospitality Association on Tuesday released a proposal, urging the country\’s accommodation sector to provide more convenience for global travelers.
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