Experts at national think tanks have indicated that China’s economy is on track for a “V-shaped” recovery, driven by swift policy measures and upcoming spending plans aimed at consolidating momentum. Wu Sa, a senior researcher at the Chinese Academy of Macroeconomic Research, affiliated with the National Development and Reform Commission, expressed optimism that the combination […]
A green mobility revolution is taking place on the streets of Sao Paulo, Brazil, where the hum of traditional gas engines is being replaced by the silent glide of New Energy Vehicles (NEVs). At the forefront of this transformation are Chinese-made NEVs, which are rapidly gaining market share across Brazil and other Latin American countries. […]
Officials and industry experts emphasized the increasing importance of multilateral financial cooperation to tackle pressing global challenges, such as climate change, and drive economic growth amidst growing uncertainties. During the second G20 Finance Ministers and Central Bank Governors Meeting in April, ministers and governors stressed the need to reinforce the financing capacity of multilateral development […]
China is intensifying efforts to drive large-scale equipment upgrades and trade-in deals for consumer goods, with plans to enhance supervision of funding and clamp down on deceptive market practices. This initiative aims to stimulate consumer spending and support economic recovery, according to Li Chao, a spokeswoman for the National Development and Reform Commission (NDRC), speaking […]
China’s fiscal revenue continued its upward trajectory in October 2024, with a 5.5% year-on-year increase, according to data released by the Ministry of Finance on Monday. The increase in revenue highlights the country’s sustained economic recovery, with tax revenue specifically rising by 1.8% from the previous year. Breakdown of Fiscal Performance Fiscal Expenditure On the […]
The 21st China International Semiconductor Expo (CIS) officially opened in Beijing on November 18, 2024. The three-day event, which is one of the most important in the semiconductor industry, showcases the full breadth of the sector, from integrated circuit design to manufacturing, packaging and testing, as well as equipment materials. The expo also highlights the […]
China’s economy is poised to maintain its recovery momentum through the remainder of 2024, with the National Development and Reform Commission (NDRC) expressing confidence in the country’s policy toolkit to support sustained growth. The NDRC, China’s top economic planner, stated on Tuesday that the government’s strategic measures are helping the country stay on track to […]
China is accelerating its capital market opening-up efforts with a renewed focus on deepening connectivity programs between the Chinese mainland and Hong Kong. The goal is to inject greater vitality into the markets and support the country’s high-quality economic growth, according to officials and industry experts. New Round of Reforms for Deeper Integration During a […]
China’s parcel delivery sector has reached a monumental milestone in 2024, handling a record 150 billion parcels as of Sunday afternoon. This significant achievement underscores the country’s economic strength and the growing efficiency of its logistics and e-commerce infrastructure. The Milestone and Its Symbolism The 150 billionth parcel, a box of apples from Tianshui in […]
The Carol & Prince Arheghan Foundation, in partnership with the Bank of Industry, is proud to announce the upcoming Business Summit ’24, themed “Building a Sustainable Business Model in a Challenging Economy.” This transformative event is scheduled to take place on November 30th, 2024, at the Emmunah Conference Center, 53 Oguntade Road, off Shasha Road, […]