China’s ruling Communist Party has passed guidance for promoting the development of private firms, state media said on Friday, signalling more steps to reinvigorate a sector hurt by a round of regulatory curbs.
Featured Posts Title
Beijing Battles Deadly Rainstorms: Lives Lost, Thousands Relocated
These Asian cities have more skyscrapers than NYC – here’s the full ranking
Heavy rain causes flooding, evacuations and at least 38 deaths around Beijing region
Donald Trump Quashes China Summit Rumors: ‘No Interest’
New coal mines fell to 10-year low in 2024, but China pipeline risks oversupply, report says
Apple Is Shutting a Store in China, Its First Closure in the Country
China’s Record-Breaking Trade Hit First Big Speed Bump Since May
Recent Posts
China passes guidance for supporting private sector – state media
China Delists Two Firms on IPO Fraud, Vows ‘Zero Tolerance’
China’s securities regulator said it will delist two firms after finding fraud in their initial public offerings, pledging “zero tolerance” for violations or crimes in its capital markets.
FS concludes visit to Beijing
Financial Secretary Paul Chan wraps up his tour of Beijing by visiting the State Council’s Hong Kong & Macao Office, the China Banking & Insurance Regulatory Commission and the Beijing Stock Exchange.
Why Earth Day 2023 Is Now A Big Deal For Brands And Consumers In China
Earth Day is gaining momentum in China as young consumers become increasingly conscious of climate change. How can brands communicate sustainability efforts on this occasion?
China’s Exports to North Korea Rise Sharply in March
China’s overall exports to North Korea in March rose sharply compared with the same month last year for the second month in a row, with the major export items including rice, Chinese customs data …
Opinion: China’s economy might not be headed toward either ascendancy or decline
While Beijing has been able to respond to acute economic crises in 1997, 2008 and 2020, it has punted on the structural reforms that most economists believe are necessary to prevent long-term …
China’s foreign minister steps up threats against Taiwan
Qin Gang’s remarks Friday came at the end of a speech espousing China’s contribution to the global economy and the interests of developing nations.
Xi’s Tech Self-Reliance Push Leaves Europeans Wary of China R&D
China’s push to become self-reliant in the technology sphere is driving more European companies operating there to rethink their research and development plans, according to a report published Friday …
China Central Bank Hints It Will Dial Back Pandemic Stimulus
The People’s Bank of China signaled it may start gradually scaling back some of the stimulus measures implemented during the pandemic as the economy begins recovering and credit demand picks up.
Shenzhen scraps use of guide prices in mortgage applications to boost homebuyers’ spending power, revive flagging market
Shenzhen is scrapping the use of guide prices as a reference for mortgage applications for lived-in homes in a bid to spur sales, say property agents; Previously, if the guide pri …
Beijing residents focus on superpowers as India’s population exceeds China’s
Beijing residents expressed mixed reactions to the news that India will overtake China as the world’s most populous nation.
Volkswagen increases Q1 sales despite weaker China business
Volkswagen significantly increased deliveries in the first quarter despite weaker business in China, its most important single market, the German carmaker said on Friday.
Continental CEO vows to develop, produce in China for China
Continental CEO Nikolai Setzer at the Shanghai auto show. [Photo provided to chinadaily.com.cn] German auto parts supplier Continental is revving up efforts to grow its business i …
ADVERTISEMENT
