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China establishes Beijing Stock Exchange to boost high-quality development of innovative enterprises
The Beijing Stock Exchange Co., Ltd., whose establishment was officially announced on the 2021 China International Fair for Trade in Services (CIFTIS) and registered on September 3, will be a likely accelerator to expedite cultivation of innovative small- and medium-sized enterprises (SMEs) in China.
China's services trade fair CIFTIS to bring more opportunities with expanded exhibitions
The China International Fair for Trade in Services (CIFTIS) themed on "Towards Digital Future and Service Driven Development" will kick off on September 2, and 186 important guests from home and abroad will participate in the event online or offline. More than 70 well-known domestic and foreign enterprises will release new technologies, achievements and services during the event.
China's vehicle export continues to grow in 2021
China's auto industry stands out amid the COVID-19 pandemic with automobile sales once again topping the world last year and maintaining strong momentum this year. In particular, China's brand vehicles highlight the overseas market.
China's economic fundamentals maintain stable with great market potential
In the second half, China will continue boosting domestic demand and moving faster to invest in key projects and sectors to provide sustained support for the sound and stable economic development.
Rapid inflow of foreign capital injects new impetus in Hainan FTP
South China's Hainan Free Trade Port (FTP) realized surging foreign capital in actual use of 623.61 percent year on year in the first half of the year, maintaining its momentum of rapid increase after doubling its annual growth for the past three consecutive years.
China's economy shows strong resilience and huge potential in H1
China's economy showed steady growth momentum in the first half of 2021, and the gross domestic product (GDP) expanded by 12.7 percent year on year, with two-year average GDP growth at 5.3 percent.
China's auto industry efforts on a "green chain" towards carbon neutrality goal
With China's ongoing efforts towards the goal of peaking carbon emissions by 2030 and achieving carbon neutrality by 2060, domestic auto industry also accelerates transformation towards greener and more sustainable development.
China's dynamic digital economy offers industrial investment opportunities
As China's digital economy plays an increasingly important role in the national economy, more rapid digital transformations will be seen in various industries, indicating enormous investment opportunities in the field.
Accelerated project implementation grows data center investment to one-trillion-yuan level
China will expedite the construction of a nationwide integrated big data center system and build data center clusters in eight regions including the Beijing-Tianjin-Hebei region, the Yangtze River Delta and the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), promoting the green and high-quality development of data centers.
China's hydrogen energy industry on fast track of development
Fueled by a series of supporting measures, China's hydrogen energy market experienced thriving growth since the beginning of this year.
China's PV industry ushers into smart era with new possibilities and challenges
Industry insiders believe that the PV industry will accelerate growth and become more intelligent with the deep integration of IT and advanced manufacturing, while also note that the industry is still faced with various challenges.
China's foreign currency deposit tops USD 1 trln, market entities show strong willingness in holding foreign currency
China's balance of deposits in foreign currency hit record high of 1.0045 trillion U.S. dollars by the end of April this year, with an increase of 33.2 percent year on year, data from a financial statistic report released by the China's central bank recently.
China's Greater Bay Area attracts more talents in pace with accelerated integration
As one of the regions with the highest degree of openness, the strongest economic vitality, and the leading international level in China, the Guangdong-Hong Kong-Macao Greater Bay Area (Greater Bay Area) accelerates its infrastructure construction and the flow of essential resources such as materials, funds, and information, and promotes its opening-up and sharing levels, entering a new phase of accelerated integration.
Foreign investors confident in Hainan's offshore duty-free industry on spurring consumption transformation and upgrading
Against the backdrop of the global duty-free industry being greatly affected by the COVID-19 epidemic, the growth momentum of offshore duty-free sales in China's Hainan Province seems to be "an exception" as it becomes the strong driving force to win back national consumption and promote consumption upgrade.
CICPE strong booster for construction of Hainan int'l tourism consumption center
The first China International Consumer Products Expo (CICPE) was concluded on May 10. The event was not only a showcase of global consumer products and the new opportunities in Chinese market, but also a booster for building Hainan into an international tourism consumption center and a window to the great potential of Hainan Free Trade Port (FTP).
How will RCEP agreement affect China's industrial development?
China's domestic industries may have to face tougher market competition once the Regional Comprehensive Economic Partnership (RCEP) agreement formally takes effect, but over the long run, its entering into force in the future is helpful for these industries to grow new advantages in development, reported Economic Daily recently.
E-commerce boosts trade cooperation among B&R countries
With the development of Silk Road e-commerce, consumers from home and abroad, enjoy the pleasure of "global shopping at home".
Hainan becomes investment magnet on stepped-up preferential policies
China's southern island province of Hainan is growing into a magnet for investment with the release of more and more preferential policies.
Foreign capital inflows gather steam amid wider opening-up of China's bond market
Foreign capital inflows into China's bond market gather steam in the first quarter of this year, as foreign institutions bought a total of 494.6 billion yuan of bonds in China's interbank market during the period, a year-on-year surge of 173.41 percent, according to China Foreign Exchange Trade System.
China expected to see strong economic growth in Q1 thanks to expanding domestic and foreign demand
China is expected to see a faster economic recovery with its year-on-year growth rate of gross domestic product (GDP) likely to approach 20 percent or even exceed 20 percent for the first quarter of this year.
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