Economy

Chinese FDI advances 5.8 percent last year - China Economy News
Economy

Chinese FDI advances 5.8 percent last year

Investors poured some 941 billion yuan into China, making it the world's second-largest target of foreign capital in 2019, according to official data.
Shanghai's GDP rose by 6 percent in 2019 - China Economy News
Economy

Shanghai's GDP rose by 6 percent in 2019

The services sector led Shanghai's economic growth last year, according to data from the city statistics bureau, while the disposable income of its residents was up by 8.2 percent.
Once dingy wet markets clean up their act to woo back customers - China Economy News
Economy

Once dingy wet markets clean up their act to woo back customers

Wet markets have come under threat from online markets that deliver fresh food to the door. To survive, they have had to adopt to changing times. 
Specialized parks aim high to promote new ideas - China Economy News
Economy

Specialized parks aim high to promote new ideas

Though it is small compared with other industrial parks in Shanghai, Zhangjiang AIsland has big ambitions.
Shall we dance? Tesla in tune with city policies - China Economy News
Economy

Shall we dance? Tesla in tune with city policies

Tesla's story is testament to Shanghai's relentless pursuit of a better business environment and to China's determination to accelerate the opening of its markets to foreigners.
Advice for businesses: Don't stay stationary - China Economy News
Economy

Advice for businesses: Don't stay stationary

A single-window service for trade management is set up by Shanghai Customs to allow goods declaration to be handled online for seamless transportation of imports and exports.
HKSAR gov't strongly disagrees with Moody's rating downgrade - China Economy News
Economy

HKSAR gov't strongly disagrees with Moody's rating downgrade

China's Hong Kong Special Administrative Region government said on early Tuesday that it strongly disagrees with Moody's latest decision to downgrade Hong Kong's credit rating.
IMF cuts global growth projection, sees 'tentative signs of stabilization' - China Economy News
Economy

IMF cuts global growth projection, sees 'tentative signs of stabilization'

The International Monetary Fund cut global growth projections on Monday, citing negative surprises in a few emerging markets.
Report points to growth in online industrial orders - China Economy News
Economy

Report points to growth in online industrial orders

Sales of industrial goods and services have been rising steadily over recent years, and a new report estimates 2.3 trillion yuan in annual turnover by 2024.
Mayor pledges continued development, steady growth - China Economy News
Economy

Mayor pledges continued development, steady growth

In the coming year, Shanghai will continue to forge ahead with plans to promote livelihood, encourage innovation and protect the environment.
Three tasks central to advisers' proposals Hainan to maintain tight restrictions on property purchases: official China's auto market to bottom out this year and next Tech giants add digital twist to Spring Festival traditions Giving back: How Corning's R&D leads to steady innovation Chinese markets sink in last session of Year of the Pig China's FTZ favored by foreign investors Shiseido adopts new cooperative strategy in China Chinese tourists made more online payments in 2019: study New home sales up more than 10 percent in 2019: report Passenger vehicle sales poised to rebound City's advisers raise significant topics Price ease for new homes in major cities Shanghai signs up for IoT project China's passenger car sales to bottom out after expanded decline: report Giving back: How Covestro is closing the carbon loop Tencent, Suzhou join hands on smart building development Stocks recover as government soothes investors STAR debut success for dual-class UCloud Tencent, Suzhou join hands on smart building development Giving back: How corporations make the world better Tesla delivers first China-made Model 3s to general customers China's home prices remain stable in December Shanghai seals 60 new foreign investment deals Shanghai real estate investment holds steady Audi sales in China hit new high in 2019 Great ideas win prizes in Shanghai Shares rise, led by drug makers, mask vendors and semiconductor firms Facebook targets UK growth with 1,000 hires this year China launches new system for credit records Digital grid network to improve urban management China's top economic planner approves investment projects worth US$194b in 2019 Fund to encourage study of Oriental management Tongji cuts new-energy R&D costs Housing market to 'remain stable' Firms share tips on sustainability and innovation LEGO Group and Tencent renew partnership Weekly sales, prices rise in Shanghai home market Over 300 firms apply for China's 2020 import expo Tesla delivers first China-made Model 3s Adviser calls for better financial regulation AMEC becomes first 100-billion-yuan company on STAR Market
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