BEIJING, April 25 (Xinhua) — China\’s economic outlook remains positive as the country\’s consumer spending surged in the first quarter (Q1) of 2024, signaling a strong contribution to domestic demand
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China pilots foreign equity limit removal in value-added telecom services to expand opening-up
The Ministry of Industry and Information Technology (MIIT) on Wednesday announced a pilot project to remove foreign ownership restrictions on some domestic value-added telecom services in four regions
Commentary: Innovative greening manifests China\’s environmental preservation drive
BEIJING, April 8 (Xinhua) — Planting trees around Qingming Festival in early April has been a tradition for centuries among Chinese people. The nation\’s innovative approach to afforestation manifests
Commentary: Innovative greening manifests China\’s environmental preservation drive
BEIJING, April 8 (Xinhua) — Planting trees around Qingming Festival in early April has been a tradition for centuries among Chinese people. The nation\’s innovative approach to afforestation manifests
China still has room for RRR reductions: central bank
BEIJING, March 21 (Xinhua) — A Chinese central bank official said Thursday that the country had ample monetary policy space and options, and there was still room for further reserve requirement ratio
Interview: KPMG eyes broad prospects for China\’s new productive forces
BEIJING, Feb. 7 (Xinhua) — China\’s move on developing new productive forces is injecting new vitality into promoting its high-quality growth, improving people\’s lives and facilitating international c
China announces reserve requirement ratio cut
BEIJING, Jan. 24 (Xinhua) — China\’s central bank will cut the reserve requirement ratio for financial institutions by 0.5 percentage points from Feb. 5, said Pan Gongsheng, governor of the People\’s B
Global asset managers optimistic about A-share market\’s rebound this year
Global investment banks and asset managers have expressed cautious optimism that China\’s A-share market is poised for a rebound this year, after underperforming major global peers in 2023.
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Performance of A-share cos seen positive this year
UBS holds an optimistic outlook about the performance of A-share companies this year on the back of expected improvements in profitability, stabilizing economic fundamentals and more supportive polici
Experts: Yuan to be defended if necessary
File photo shows a worker counts Chinese currency renminbi at a bank in Lianyungang, East China\’s Jiangsu province. [Photo/Xinhua]
Currency faces pressure amid Fed rate hikes, slowing economic rebound