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Macro Economy

Boao Forum to Focus On ‘Open Asia’ at Annual Meeting in April

Boao Forum to Focus On ‘Open Asia’ at Annual Meeting in April

The four-day annual meeting of the Boao Forum for Asia scheduled to begin on April 8 in China’s southern province…

Jan 26, 2018
Shao Haipeng
China’s Fiscal Expenditure Topped CNY20 Trillion for First Time in 2017

China’s Fiscal Expenditure Topped CNY20 Trillion for First Time in 2017

China’s general public budgetary expenditure surpassed CNY20 trillion for the first time last year following strong growth in science and…

Jan 26, 2018
Liao Shumin
Guangdong Province's GDP May Surpass Spain, Russia in 2018

Guangdong Province's GDP May Surpass Spain, Russia in 2018

The gross domestic product of China’s southern economic powerhouse, Guangdong province, edged close to CNY9 trillion (USD1.42 billion) last year…

Jan 26, 2018
Lin Xiaozhao
Cooperation Is the Only Way for China and US, MOFCOM Says

Cooperation Is the Only Way for China and US, MOFCOM Says

Cooperation is the only correct choice for China and the US, and China is always open to talks, according to its Ministry of Commerce.

Jan 26, 2018
Tang Shihua
China's Rural Online Sales Surge 40% Last Year Amid Rapid Growth in Poorer Areas

China's Rural Online Sales Surge 40% Last Year Amid Rapid Growth in Poorer Areas

China’s e-commerce industry in rural areas continued to grow significantly last year with total online retail sales reaching CNY1.22 trillion…

Jan 26, 2018
Tang Shihua
[Exclusive] China Plans International Commercial Courts for Belt and Road Dispute Resolution

[Exclusive] China Plans International Commercial Courts for Belt and Road Dispute Resolution

China aims to bring in a new dispute resolution system for its Belt and Road Initiative as the country’s firms look to ratchet up overseas investment, an anonymous source told Yicai Global.

Jan 25, 2018
Guo Liqin
Shanghai Will Encourage Multinational to Open Regional Headquarters

Shanghai Will Encourage Multinational to Open Regional Headquarters

Shanghai will encourage multinational firms to open regional headquarters and operations in Shanghai, said the finance bureau , Shanghai Daily reported.

Jan 25, 2018
Chen Juan
Shanghai Aims to Attract More Multinational Firm HQs

Shanghai Aims to Attract More Multinational Firm HQs

China's east coast city of Shanghai will encourage more multinational firms to open regional headquarters as part of plans to…

Jan 25, 2018
Chen Juan
SOE Profits Rose 24% Last Year, up 20% Over Previous 11 Months, MOF Says

SOE Profits Rose 24% Last Year, up 20% Over Previous 11 Months, MOF Says

China’s state-owned and state-backed enterprises have substantially increased their profits throughout last year, going far beyond the level of the…

Jan 23, 2018
Xu Wei
Shanghai Will Explore Free-Trade Port, Depress Rising Home Prices

Shanghai Will Explore Free-Trade Port, Depress Rising Home Prices

Shanghai is set to explore the construction of a free-trade port supported by Yangshan Deep-Water Port and Pudong International Airport…

Jan 23, 2018
Xu Wei
China Railway Express Fosters International Trade by Running More Trips

China Railway Express Fosters International Trade by Running More Trips

China Railway Express Co. ran more trips last year than it did in the six preceding years, fostering international trade, National Development and Reform Commission spokesman Yan Pengcheng said today.

Jan 22, 2018
Xu Wei
China’s Tax Administration to Roll Out Nationwide E-Bureau This Year

China’s Tax Administration to Roll Out Nationwide E-Bureau This Year

China hopes to make life more convenient for its taxpayers by introducing an electronic bureau to handle nationwide tax matters this year.

Jan 19, 2018
Tang Shihua

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