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Macro Economy

Government Will Turn Shanghai Into Cultural, Creative Center With International Influence by 2035

Government Will Turn Shanghai Into Cultural, Creative Center With International Influence by 2035

The Shanghai government said yesterday that it will turn the city into a cultural and creative center with international influence by 2035.

Dec 15, 2017
Chen Juan
Experts Discuss Balance Between Economic Development and Financial Stability at Forum in Shanghai

Experts Discuss Balance Between Economic Development and Financial Stability at Forum in Shanghai

Experts discussed The Balance Between Economic Development and Financial Stability at the Lujiazui Financial Risk Management Forum 2017 in Shanghai today.

Dec 14, 2017
Wu Qixuan
China Disapproves of US, Europe’s Comments on WTO, Will Continue to Push for Globalization

China Disapproves of US, Europe’s Comments on WTO, Will Continue to Push for Globalization

China disapproves of dismissing the World Trade Organization’s role just because it does not meet the demands of some individual…

Dec 14, 2017
Xu Wei
China Has Lowered Corporate Tax Burden by USD303 Billion, but Needs to Make More Cuts, NBS Says

China Has Lowered Corporate Tax Burden by USD303 Billion, but Needs to Make More Cuts, NBS Says

China has been working to reduce taxes and fees in recent years and has alleviated enterprises’ burdens by around CNY2…

Dec 14, 2017
Dou Shicong
China’s Central Bank Raises Operating Interest Rates After US Fed Reserve’s Hike

China’s Central Bank Raises Operating Interest Rates After US Fed Reserve’s Hike

China’s central bank raised reverse repo and medium-term lending facility operating interest rates for the first time since March after the US Federal Reserve’s interest rate hike on Dec. 13.

Dec 14, 2017
Tang Shihua
The Fed’s Constant Rate Hikes Pressure PBOC to Follow Suit, Chinese Economist Says

The Fed’s Constant Rate Hikes Pressure PBOC to Follow Suit, Chinese Economist Says

If the US Federal Reserve raises interest rates three times next year, the People’s Bank of China will feel pressured into hiking rates, a Chinese economist predicts.

Dec 14, 2017
Tang Shihua
Shanghai Welcomes Talents to Innovate, Open Businesses, Take Part in City’s Development, Mayor Says

Shanghai Welcomes Talents to Innovate, Open Businesses, Take Part in City’s Development, Mayor Says

Shanghai welcomes talents to innovate and start businesses in the city and take part in its urban construction and development,…

Dec 14, 2017
Tang Shihua
China Is World's Biggest Market for Industrial Robots With Expected Output of 120,000 Units This Year

China Is World's Biggest Market for Industrial Robots With Expected Output of 120,000 Units This Year

China’s output of industrial robots is expected to exceed 120,000 units this year, nearly one third of the global total.…

Dec 14, 2017
Xu Wei
China Railway Design Unveils Planned Stations for Beijing-Xiong’an Intercity Line

China Railway Design Unveils Planned Stations for Beijing-Xiong’an Intercity Line

China Railway Design Corp. disclosed for the first time yesterday which stations the Beijing-Xiong’an intercity railroad will connect.

Dec 13, 2017
Dou Shicong
China Looks to Build World’s Largest Bay Area to Rival Tokyo, New York and San Francisco

China Looks to Build World’s Largest Bay Area to Rival Tokyo, New York and San Francisco

China is mulling the expansion of the Shanghai metropolitan area as it looks to link a number of cities around…

Dec 13, 2017
Chen Juan
China’s Network Security Industry to Pass CNY46 Billion Milestone This Year

China’s Network Security Industry to Pass CNY46 Billion Milestone This Year

In step with the innovation of network security technology and the emergence of new products and services, the market size…

Dec 13, 2017
Dou Shicong
Beijing Will Open Sub-Central Business District in Tongzhou, Relocating 400,000 Workers

Beijing Will Open Sub-Central Business District in Tongzhou, Relocating 400,000 Workers

Beijing will open a sub-central business district in Tongzhou in the city’s southeast next week. Many government agencies will relocate there, bringing 400,000 workers with them.

Dec 12, 2017
Dou Shicong

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