Macro Economy

Hong Kong Will Not Act Alone in Any Future Tax Reform, Says Financial Secretary Paul Chan

Hong Kong Will Not Act Alone in Any Future Tax Reform, Says Financial Secretary Paul Chan

The Government of the Hong Kong Special Administrative Region (SAR) will consider development of a tax system in line with…

Dec 12, 2017
Xu Wei
2018 Too Early For Interest Rate Hike, BOC Chief Economist Says

2018 Too Early For Interest Rate Hike, BOC Chief Economist Says

The chief economist at the Bank of Communications Co. [SHA:600028], China’s fifth largest commercial bank, expects 2018 to be too…

Dec 11, 2017
Tang Shihua
NHFPC Denies Rumors China’s Hospital Cost Controls Dilute Medical Services

NHFPC Denies Rumors China’s Hospital Cost Controls Dilute Medical Services

Recent internet articles claim China’s regulation of hospital costs has lowered the efficiency and quality of medical services.

Dec 8, 2017
Liao Shumin
China Denies Pakistani Media Rumors on Demanding Full Ownership of Diamer-Bhasha Dam Project

China Denies Pakistani Media Rumors on Demanding Full Ownership of Diamer-Bhasha Dam Project

China has denied reports suggesting Beijing “requires full ownership of the Diamer-Bhasha Dam project in Pakistan and its right of…

Dec 8, 2017
Xu Wei
China’s Gray Population Will Make Up Two-Fifths of Asia’s by 2050, CNCA Warns

China’s Gray Population Will Make Up Two-Fifths of Asia’s by 2050, CNCA Warns

China’s elderly population is forecast to reach 480 million by 2050, accounting for two-fifths of Asia’s total number of senior…

Dec 8, 2017
Xu Wei
China Is Moving Into Upstream of Global Value Chains, WIPO Says

China Is Moving Into Upstream of Global Value Chains, WIPO Says

China’s high-tech and coffee producers are now better positioned in global standings and have better value chains, according to a report from the World Intellectual Property Organization (WIPO).

Dec 8, 2017
Xu Wei
China Will Build World-Class Airport Cluster in Beijing-Tianjin-Hebei Region to Ease Air Traffic

China Will Build World-Class Airport Cluster in Beijing-Tianjin-Hebei Region to Ease Air Traffic

China will build a cluster of world-class airports in the northern Beijing-Tianjin-Hebei region to improve connectivity and promote development.

Dec 8, 2017
Lin Xiaozhao
Wuhan Development Zone Taps Into Shanghai’s Talent Pool

Wuhan Development Zone Taps Into Shanghai’s Talent Pool

A group of 21 companies from Wuhan Development Zone visited Shanghai on Dec. 6 to recruit 800 workers at a…

Dec 8, 2017
Liao Shumin
US’ Denial of China's Market Economy Exalts Local Law Over International Law, MOFCOM Retorts

US’ Denial of China's Market Economy Exalts Local Law Over International Law, MOFCOM Retorts

The US government submitted a statement of opposition to the World Trade Organization (WTO) on China's market economy status.

Dec 7, 2017
Xu Wei
China’s First-Tier Cities Leapfrog Singapore’s Economy, Latest Revised Figures Show

China’s First-Tier Cities Leapfrog Singapore’s Economy, Latest Revised Figures Show

The economy of each of China’s first-tier cities -- Beijing, Shanghai, Guangzhou and Shenzhen -- is now bigger than Singapore’s, according to revised figures.

Dec 7, 2017
Lin Xiaozhao
Economy Will Remain Stable Despite Downturn Pressures, November Yicai Chief Economists’ Survey Shows

Economy Will Remain Stable Despite Downturn Pressures, November Yicai Chief Economists’ Survey Shows

More than 80 percent of the economists are optimistic about the Chinese economy in the coming month. Although they believe…

Dec 7, 2017
He Xiao
South Korea’s President Moon Jae-in to Visit China in Mid-December

South Korea’s President Moon Jae-in to Visit China in Mid-December

South Korea’s President Moon Jae-in will pay a state visit to China between Dec. 13 and Dec. 16 at the…

Dec 6, 2017
Liao Shumin

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