Economy

Chinese financial institutions criticized for excessive loan fees to small businesses - China Economy News
Economy

Chinese financial institutions criticized for excessive loan fees to small businesses

Several Chinese banking, insurance and credit institutions have been criticized for charging excessive fees on loans to small and micro businesses.
China lone bright spot in gloomy luxury market - China Economy News
Economy

China lone bright spot in gloomy luxury market

China's luxury market has flourished while the global luxury sector has seen its largest ever fall in 2020 due to the pandemic, according to a global management consultancy.
China to keep open mind on CPTPP trade pact - China Economy News
Economy

China to keep open mind on CPTPP trade pact

China will assume an open and positive attitude toward the idea of joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, the Ministry of Commerce said.
In Shenzhen, the world's largest electronics market gets a cosmetics makeover - China Economy News
Economy

In Shenzhen, the world's largest electronics market gets a cosmetics makeover

Huaqiangbei is home to dozens of multistory malls housing about 38,000 businesses that historically sold microchip reels and other components.
Global economic recovery from COVID-19 'remains difficult': IMF - China Economy News
Economy

Global economic recovery from COVID-19 'remains difficult': IMF

The global economy faces a hard road back from the COVID-19 downturn, and nations should remove trade barriers on medical technologies to aid the recovery, IMF chief said.
Awards indicate foreign confidence in city - China Economy News
Economy

Awards indicate foreign confidence in city

New batch of regional headquarters and research and development centers in Shanghai indicates the continuing position of the city as a popular destination for foreign investment.
Restaurants encouraged to explore retail channels - China Economy News
Economy

Restaurants encouraged to explore retail channels

Given the recent boom in pre-cooked and ready-to-heat meals, experts urge catering brands to consider their offerings as retail consumer products.
Post-80s, 90s most litigious online shoppers: report - China Economy News
Economy

Post-80s, 90s most litigious online shoppers: report

Plaintiffs born in the 1980s and 1990s accounted for over 70% of all those lodging legal cases in disputes arising from online shopping, according to a report.
China to raise gasoline, diesel retail prices - China Economy News
Economy

China to raise gasoline, diesel retail prices

China will raise the retail prices of gasoline and diesel starting Friday, the country's top economic planner said Thursday.
China's non-financial ODI down 3.2% in Jan.-Oct. - China Economy News
Economy

China's non-financial ODI down 3.2% in Jan.-Oct.

China's non-financial outbound direct investment went down 3.2 percent year on year in the first 10 months of the year, official data showed Thursday.
Urban home prices rise at slower pace in October Taicang hails getting integrated with greater Shanghai China has 180 million 5G device connections UBS expects 2021 to be 'year of renewal' Huachen Automotive Group enters bankruptcy restructuring Airlines need another US$70-80b to survive: IATA chief Beigene unveils new R&D facility in Waigaoqiao Guangzhou auto show focuses on new energy, new technology Dada Group revenue surges on delivery demand Economic data, auto show give boost to Chinese stocks Binjiang upgrades signature 5050 Talent Plan Shanghai new home sales falter again in latest week Shanghai used-home market falters in October Shanghai expands testing roads for self-driving cars McDonalds ensures media center well supplied with meals Antengene pulls in HK$2.64 billion from IPO Medidata plans to increase investment in China Regulator to fully implement registration Bilibili revenue up 74 percent in third quarter AXA launches new health management solutions Weekly home sales tumble, luxury units lift average price Online insurance platform Huize posts record Q3 Udder delight as Bright Dairy serves up treats China's auto sales rise 12.5% in October Commercial real estate investment market set to boom Automakers signing up for next year's expo Sofitel Shanghai Sheshan Oriental completes CIIE mission Apple to pay US$113m to US states over iPhone battery complaints Amazon opens online pharmacy, shaking up another industry News about consumption boosts share prices Apple to lower App Store fees for smaller developers Improved sentiment pushes up share prices CIIE a stage for the world's top automakers Shanghai home market reaches year-to-date high Lockdown-weary shoppers splash out record cash on Singles Day DSM opens premix plant in Hunan Province Merck launches innovation base construction Vivo launches its OriginOS operating system Global investors plan to increase China allocations: survey Amid sales stumble, signs of strength in Shanghai new housing market After decades of growth, Pudong finds new ways to expand commerce CIIE automakers confident in Chinese market
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