Economy

Economy

Australia-China relations go from strength to strength

Australia sees greater opportunities in trade and cultural exchange under the Belt and Road Initiative, Australian officials and experts said at a forum recently.
Economy

PBOC to tighten rules on asset management business

China's central bank has issued sweeping guidelines to tighten rules on asset management business, the latest step to fend off risks in the country's growing shadow banking sector.
Economy

China approves projects worth US$10b in October

China's top economic planner approved 16 fixed-asset investment projects with total investment reaching 66.6 billion yuan (US$10 billion) in October. 
Economy

German firms go cool on China expansion: survey

The poll found 57 percent of companies do not plan to expand next year, but are optimistic on their earnings outlook.
Economy

The big spending party is over, long live Chinese consumerism!

The Singles Day shopping extravaganza, as predicted, was bigger than ever. What's left for consumers as well as merchants to think about before the next shopping season? 
Economy

Shanghai's SOEs to invest US$121b yuan annually to develop innovative products

Investment will be channeled into high-tech industries like digital technologies, renewable energy and new materials.
Economy

Tax authority moves to cut costs, red tape

The changes will make it easier for businesses to get loans and will reduce government paperwork.
Economy

China's ODI continues to slump amid stricter regulation

China's non-financial outbound direct investment fell 40.9% year on year in the January-October period as authorities curbed irrational investment overseas, data showed Thursday.
Economy

China's sharing economy to hit 4.5 trillion yuan this year

China's sharing economy will grow about 40 percent this year to 4.5 trillion yuan (about US$680 billion), an official with the national economic planner said Wednesday.
Economy

China's economy on steady track despite softened momentum

China is on a steady track to meet its 2017 growth target despite some short-term fluctuations as the government focuses on quality over speed in its pursuit of economic growth.
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