Long-touted changes to China’s tax system will focus on allowing local governments to retain more fiscal revenues, say policy advisers, widely seen by markets as an important step towards removing an …
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China is rolling out the red carpet for venture capital in tech – and foreign funds are welcome
China will also support insurance institutions as they make their own investments in VC funds. “Developing venture capital is a key step to promoting the virtuous cycle of technology, industry and …
China’s Central Bank Hints at Major Policy Shift
A speech by China’s central bank chief signals that it is looking to update its monetary tool kit with potential changes that economists say herald a major policy revamp, bringing it closer to …
Analysis-China’s key plenum aims to fix decades-old tax revenue imbalance
Long-touted changes to China’s tax system will focus on allowing local governments to retain more fiscal revenues, say policy advisers, widely seen by markets as an important step towards removing an …
China police probe drug-related money laundering operation after U.S. tip
BEIJING–Chinese police are investigating a case of illegal foreign exchange activity and money laundering after tip-offs from the United States, state media said on Wednesday, in a rare instance of …
US, China to hold high-level talks on anti-narcotics cooperation
The United States and China were set to hold high-level talks on anti-narcotics cooperation on Thursday, following a breakthrough in bilateral work this week that saw them jointly go after a major …
Analysis-China’s key plenum aims to fix decades-old tax revenue imbalance
Long-touted changes to China’s tax system will focus on allowing local governments to retain more fiscal revenues, say policy advisers, widely seen by markets as an important step towards removing an …
China’s Fiscal Reform: A New Era for Local Government Revenues
China is set to implement major reforms to its tax system, focusing on allowing local governments to retain more fiscal revenues. The changes aim to address a $13 trillion local government debt, …
China says information requested by EU electric vehicle probe ‘unprecedented’
The types, scope and quantity of information requested by the European Union for the investigation into Chinese new energy vehicles were “unprecedented”, China’s commerce ministry said on Thursday.
China’s top financial industry officials say Beijing will press on with reforms
Leading industry executives say reforms are the only way to attract foreign investors participate and achieve China’s goal of becoming a financial powerhouse.
Chinese media in race to tap tech, AI amid financial crunch and fact-check push
New technology a ‘double-edged sword’ that can drive innovation but also spur misinformation, executives say at industry forum China’s media industry is racing to embrace new technology for …
Financial reforms in focus at forum
Continued efforts will be made to advance China’s high-standard financial opening-up and improve the financial sector’s support for the real economy, especially new quality productive forces, the …
Financial reforms in focus at forum
Continued efforts will be made to advance China’s high-standard financial opening-up and improve the financial sector’s support for the real economy, especially new quality productive forces, the …
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