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  • ​China issues more policies to reduce costs for market entities

    China has recently specified 19 tasks in eight aspects to reduce the costs of financing, labor, energy, land and other factors of production, as well as institutional transaction costs for market entities, reported Economic Information Daily Tuesday quoting a governemnt circular.

    May11,2021


  • Conti wants to counter industry crisis with job cuts and cost reductions

    The automotive supplier and tire manufacturer Continental wants to counter the emerging crisis in the industry with a far-reaching conversion program.

    September27,2019


  • New measures to ensure meaningful reduction in MSEs' financing costs

    China will work to further reduce financing cost of micro and small enterprises (MSEs), with an aim to increase outstanding loans offered by five large state-owned commercial banks to MSEs by more than 30 percent this year comparing with 2018.

    April18,2019


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