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Economy

Chinese are optimistic about the economy - China Economy News
Economy

Chinese are optimistic about the economy

Global survey finds 65 percent of Chinese respondents expecting a speedy recovery once the coronavirus pandemic has been dealt?with compared to an average of 34 percent worldwide.
China industrial profits plunge 38% in the first two months - China Economy News
Economy

China industrial profits plunge 38% in the first two months

China's large enterprises saw industrial profits drop by nearly 40 percent, due largely to the coronavirus outbreak. Foreign-funded businesses took the heaviest hit.
China's industrial profits fall in January-February as virus hurts activities - China Economy News
Economy

China's industrial profits fall in January-February as virus hurts activities

Profits of China's major industrial firms dropped 38.3 percent year on year in the first two months of 2020.
World Bank finalizing US$160b relief program in response to COVID-19 - China Economy News
Economy

World Bank finalizing US$160b relief program in response to COVID-19

World Bank Group President David Malpass said the multilateral lender is now finalizing a package that could provide as much as US$160 billion in financial support.
SMEs on their way to full recovery in Q2 - China Economy News
Economy

SMEs on their way to full recovery in Q2

Business activity in China's small and medium-sized enterprises has yet to return to normal but a Standard Chartered survey offers hope for the second quarter.?
Lingang unveils its own market watchdog with full functions - China Economy News
Economy

Lingang unveils its own market watchdog with full functions

While promoting fair competition, the new market administrator will be responsible for business licensing and registration in the special area of Shanghai's free trade zone.
China foreign trade maintains sound momentum despite COVID-19 impact: trade council - China Economy News
Economy

China foreign trade maintains sound momentum despite COVID-19 impact: trade council

China's foreign trade sector has the resilience and growth potential to weather the impact of the novel coronavirus disease, a national trade promotion agency said.
S. China province raises tax rebate rates to shore up foreign trade firms amid epidemic - China Economy News
Economy

S. China province raises tax rebate rates to shore up foreign trade firms amid epidemic

Over 1,000 types of exports ranging from porcelain sanitary, construction accessories and auto parts to farm produce have enjoyed increased tax rebate rates starting from March 20.
China's Zhejiang rolls out guideline to spur consumption - China Economy News
Economy

China's Zhejiang rolls out guideline to spur consumption

Eastern China's Zhejiang Province has released a guideline to spur consumption with moves including gradually relaxing car purchase rules in the provincial capital Hangzhou.
Government support helps Shanghai's SMEs get back to work - China Economy News
Economy

Government support helps Shanghai's SMEs get back to work

Nearly 90 percent of local small and medium-sized enterprises have resumed normal operations thanks to billions of yuan in lending and easy access to technology.
Shanghai Fashion Week takes new approach Chinese travel giant Trip.com donates over 1m facial masks to 11 countries Epidemic seen adding further strain to China's office market Chinese stock markets divided on Friday for clearer signals Huawei to invest US$200 million in developer community Battery an 'important milestone' for BYD Shanghai rising up on financial center list Airbnb sees surging demand for short trips Volkswagen Group China, joint ventures unite to fight virus SOHO China net income up 8 percent in 2019 CIIE announces 2020's foreign exhibitors Automakers making cars to beat the virus 3rd CIIE to host special match-making session for Hubei Jaguar Land Rover continues to support epidemic battle Share prices dip under COVID-19 pressure Taobao strengthens consumer-to-manufacturer services Shanghai property sales climb, though new supplies still absent China mulls new measures to revive car market Automakers dip toes in live-streaming waters Pre-owned home market weakens in February Huifu sees 39% net profit growth in 2019 IMF, World Bank to hold April meetings in 'virtual format' Chinese share prices continue their rise Chinese foundation donates more medical supplies to Italy Sam's Club to launch China flagship in Shanghai Trade show blues: Exhibitions go virtual as virus spreads New Chinese open-source AI platform launched China's housing market sees slower growth rate amid epidemic Confidence returning as shares are up 2% Pirelli and Chinese partners donate to Italian hospitals Dow expands silicone capacity with Zhangjiagang investment Shares drop 3 percent on global sell-off Shanghai auto industry accelerates production Shanghai new home sales rebound in latest week Latest promo video of third CIIE released Ericsson holds high hopes for 5G in China 3rd CIIE introduces 'cloud signing' for 1st time amid epidemic Home prices see milder increases in China City startups help SMEs get back to work Quality is key, car-hailing survey finds New valuation system for high-tech, innovation firms on STAR Market China-developed AI, CT system used in Kenya
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