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  • China to promote high-quality development of national hi-tech zones to catalyze entrepreneurship, innovation

    China is ready to roll out policies to deepen the reform and opening up of national high-tech zones to boost high-quality development, the State Council's executive meeting chaired by Premier Li Keqiang decided on Wednesday.

    July02,2020


  • China's new offshore wind turbine rolls off production line

    China's new seven-megawatt offshore wind turbine has rolled off the production line, according to its developer.

    July02,2020


  • China approves 33 centers for intellectual property rights services

    China has so far approved the establishment of 33 centers nationwide to reduce processing time and cost of intellectual property rights (IPR) protection, an official with the country's industry watchdog said.

    July02,2020


  • Facial-recognition payment on subways, buses in China's Guiyang

    Subway and Bus Rapid Transit (BRT) systems now support payment by face scanning in Guiyang, capital of southwest China's Guizhou Province.

    July02,2020


  • China's e-commerce thrives, transactions exceeding 34 trillion yuan in 2019

    China's e-commerce industry continued to thrive last year despite mounting downward economic pressures and lingering trade tensions, according to a report from the Ministry of Commerce.

    July02,2020


  • China to strengthen financial support for enterprises

    China will focus on improving financial services to micro, small and medium-sized enterprises in an effort to ensure their sound development, according to a State Council executive meeting on Wednesday.

    July02,2020


  • Nine of world top 20 AM giants open digital offices on Alipay

    Eighteen foreign-fundedasset management (AM) giants including nine of the world top 20 have opened digital offices on Alipay, a household name of online payment service in China, by Monday, according to Ant Financial Services Group, a fintech arm of Alipay.

    June23,2020


  • Interview: China's economy on recovery track before rebounding in H2, says expert

    China's economy is on the track to recovery given the recently announced economic indicators, before rebounding in the second half of the year, a South Korean expert said Monday.

    June16,2020


  • Economic Watch: China's economic recovery consolidates, but uncertainties remain

    China's economic activities remain on the track to recovery as the latest data revealed an accelerated resumption across the board, but the economy still faces challenges from the global spread of the novel coronavirus, analysts said.

    June16,2020


  • China sees 102 IPOs completed by Thu. this year, private issuers taking up nearly 90 pct

    China saw 102 initial public offerings (IPO) completed by Thursday this year, up 78.95 percent year on year, reported Securities Daily, a sector portal Friday.

    June12,2020


  • Foreign institutions complete RMB167.609 bln net bond buys on interbank market in May

    Foreign institutions completed a net purchase of 167.609 billion yuan of bonds on China's interbank bond market last month, up 18.2 percent since April, according to statistics released by Shanghai Head Office of the People's Bank of China, the Chinese central bank.

    June09,2020


  • China's "new third board" hails over 1 mln investors by early June

    China's National Equities Exchange and Quotations (NEEQ), also known as the "new third board", saw its qualified investors booming to more than 1 million by early June since its operator vowed to speed reform in late March, reported Chnfund.com, a fund industry portal Monday.

    June08,2020


  • Debenture bond issues contract in China in May

    Debenture bond sales plunged to 760.855 billion yuan in China during May 1 to May 29 due to a rational pullback after hefty issuance in March and April and squeezing effect by intensive supplies of government-backed bonds.

    June05,2020


  • Global auditing firm KPMG opens new office in east China

    International auditing company KPMG has established an office in the city of Suzhou, east China's Jiangsu Province.

    June04,2020


  • China imports 1.58 bln cubic meters of natural gas via landmark pipeline from Russia

    Heihe Customs in northeast China's Heilongjiang Province has supervised the importation of 1.58 billion cubic meters of natural gas via the China-Russia east-route natural gas pipeline over the past six months.

    June04,2020


  • China adjusts plans for international passenger flights

    China's civil aviation regulator on Thursday adjusted policies for international passenger flights, allowing more foreign carriers to resume flights to China on a once-in-a-week basis starting from June 8, according to the authority's official website.

    June04,2020


  • China vows consistent financial policy to curb housing speculation: central bank

    China will maintain a consistent and stable policy on real estate finance and avoid using the property sector to generate a short-term stimulus to the economy, according to a central bank report.

    June02,2020


  • China Focus: Volkswagen strengthens investment as China continues opening up

    German carmaker Volkswagen has announced plans to invest 2.1 billion euros (about 2.3 billion U.S. dollars) in China to develop its electric vehicle business in the country.

    June02,2020


  • China amends rules to allow securities firms to issue subordinated bonds

    China Securities Regulatory Commission (CSRC), the sector watchdog, amended rules to permit public offering of subordinated bonds by securities companies from May 29, reported Xinhua Finance, a financial news platform run by Xinhua News Agency.

    June01,2020


  • China's collective trust products average yield down for 4 months by late May

    China's collective trust products saw their average yield drop for four straight months in a row to about 7.5 percent in May, reported Securities Daily, a sector portal, on Tuesday.

    May26,2020


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