Economy

The head of IMF says global economy in recession - China Economy News
Economy

The head of IMF says global economy in recession

The head of the International Monetary Fund has said it is clear that the global economy has now entered a recession that could be as bad or worse than the 2009 downturn.
China's central bank pledges improved macro-economic control to limit virus fallout - China Economy News
Economy

China's central bank pledges improved macro-economic control to limit virus fallout

China's central bank has pledged to improve its macro-economic control to limit the fallout of the novel coronavirus disease (COVID-19) outbreak and better shore up its economy.
Chinese are optimistic about the economy - China Economy News
Economy

Chinese are optimistic about the economy

Global survey finds 65 percent of Chinese respondents expecting a speedy recovery once the coronavirus pandemic has been dealt with compared to an average of 34 percent worldwide.
China industrial profits plunge 38% in the first two months - China Economy News
Economy

China industrial profits plunge 38% in the first two months

China's large enterprises saw industrial profits drop by nearly 40 percent, due largely to the coronavirus outbreak. Foreign-funded businesses took the heaviest hit.
China's industrial profits fall in January-February as virus hurts activities - China Economy News
Economy

China's industrial profits fall in January-February as virus hurts activities

Profits of China's major industrial firms dropped 38.3 percent year on year in the first two months of 2020.
World Bank finalizing US$160b relief program in response to COVID-19 - China Economy News
Economy

World Bank finalizing US$160b relief program in response to COVID-19

World Bank Group President David Malpass said the multilateral lender is now finalizing a package that could provide as much as US$160 billion in financial support.
SMEs on their way to full recovery in Q2 - China Economy News
Economy

SMEs on their way to full recovery in Q2

Business activity in China's small and medium-sized enterprises has yet to return to normal but a Standard Chartered survey offers hope for the second quarter. 
Lingang unveils its own market watchdog with full functions - China Economy News
Economy

Lingang unveils its own market watchdog with full functions

While promoting fair competition, the new market administrator will be responsible for business licensing and registration in the special area of Shanghai's free trade zone.
China foreign trade maintains sound momentum despite COVID-19 impact: trade council - China Economy News
Economy

China foreign trade maintains sound momentum despite COVID-19 impact: trade council

China's foreign trade sector has the resilience and growth potential to weather the impact of the novel coronavirus disease, a national trade promotion agency said.
S. China province raises tax rebate rates to shore up foreign trade firms amid epidemic - China Economy News
Economy

S. China province raises tax rebate rates to shore up foreign trade firms amid epidemic

Over 1,000 types of exports ranging from porcelain sanitary, construction accessories and auto parts to farm produce have enjoyed increased tax rebate rates starting from March 20.
Shanghai Fashion Week takes new approach Chinese stock markets divided on Friday for clearer signals Huawei to invest US$200 million in developer community Battery an 'important milestone' for BYD Campaign raises supplies for children of front-line medics China residential land transactions shrink in first two months: report Chinese travel giant Trip.com donates over 1m facial masks to 11 countries Epidemic seen adding further strain to China's office market Shanghai rising up on financial center list Airbnb sees surging demand for short trips Automakers making cars to beat the virus CIIE announces 2020's foreign exhibitors 3rd CIIE to host special match-making session for Hubei China mulls new measures to revive car market Volkswagen Group China, joint ventures unite to fight virus SOHO China net income up 8 percent in 2019 Taobao strengthens consumer-to-manufacturer services Share prices dip under COVID-19 pressure Huifu sees 39% net profit growth in 2019 Automakers dip toes in live-streaming waters Jaguar Land Rover continues to support epidemic battle Chinese share prices continue their rise IMF, World Bank to hold April meetings in 'virtual format' Shanghai property sales climb, though new supplies still absent Pirelli and Chinese partners donate to Italian hospitals Trade show blues: Exhibitions go virtual as virus spreads Confidence returning as shares are up 2% Pre-owned home market weakens in February New Chinese open-source AI platform launched Chinese foundation donates more medical supplies to Italy Sam's Club to launch China flagship in Shanghai Ericsson holds high hopes for 5G in China China's housing market sees slower growth rate amid epidemic Latest promo video of third CIIE released Shares drop 3 percent on global sell-off Shanghai auto industry accelerates production Quality is key, car-hailing survey finds New valuation system for high-tech, innovation firms on STAR Market Dow expands silicone capacity with Zhangjiagang investment 3rd CIIE introduces 'cloud signing' for 1st time amid epidemic Shanghai new home sales rebound in latest week City startups help SMEs get back to work
Top