China’s ambitious push to boost domestic consumption could be further enhanced if the government leverages its significant wealth and assets to directly support household incomes and social welfare, according to leading economists. The idea is to transition a portion of the State-owned capital—which currently is reinvested to generate new capital—into initiatives that stimulate consumption, particularly […]
Beijing, China — Bayer Consumer Health has launched a green transportation initiative in China, replacing traditional diesel vehicles with natural gas vehicles for goods transportation along two key routes. The project, which was rolled out in November, is expected to reduce carbon emissions by up to 13%, underscoring Bayer’s commitment to sustainable practices in its […]
MADRID — Franco-Italian automaker Stellantis and Chinese battery giant Contemporary Amperex Technology Co Ltd (CATL) have announced a major investment of 4.1 billion euros ($4.3 billion) to form a joint venture aimed at constructing a large-scale lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. The facility, slated to begin production by the end of […]
China is considering unconventional monetary measures to finance a bolder fiscal expansion next year, marking a significant shift in policy to address mounting economic uncertainties. Policy researchers and economists indicated that the People’s Bank of China (PBOC) may engage in substantial government bond purchases and implement aggressive interest rate cuts, alongside reducing banks’ reserve requirements. […]
BEIJING — China has expressed concerns over the United States’ decision to impose preliminary anti-dumping duties on photovoltaic products from four Southeast Asian countries, warning that the move could harm Chinese companies with investments in the region. The Ministry of Commerce criticized the U.S. for potentially politicizing trade investigations and urged it to abandon protectionist […]
DUISBURG — The 100,000th China-Europe freight train, traveling from Chongqing, arrived in Duisburg, Germany, on Tuesday morning, marking a significant milestone for the rail connection between China and Europe. The train, identified as X8083, reached Duisburg’s terminal at 9:10 am local time, carrying electronics, industrial parts, and household appliances. Its cargo was quickly unloaded for […]
Experts predict that in 2025, China will continue to employ supportive monetary policies to stabilize economic growth and boost domestic demand. This comes after remarks made by Pan Gongsheng, governor of the People’s Bank of China (PBOC), on Monday, signaling that the central bank will maintain its supportive stance and utilize a range of policy […]
In November, China’s housing market showed signs of recovery, particularly in the secondhand home sector, as a number of major cities reported notable increases in sales volumes. Analysts suggest this uptick reflects the positive impact of recent policy adjustments and signals a gradual improvement in the country’s property market. Data from key cities reveals strong […]
The China International Import Expo (CIIE) in Shanghai, held annually in November, has become a game-changer for multinational companies (MNCs), drastically speeding up the brand growth cycle that once took years. Experts highlight the expo’s evolution into a global platform for foreign trade, with MNCs now able to quickly introduce new products to the vast […]
China’s manufacturing sector demonstrated signs of a sustained recovery in November, with recent government stimulus measures boosting consumer and investor confidence, according to analysts. The recovery reflects China’s economic resilience, even in the face of ongoing domestic and global challenges. The National Bureau of Statistics (NBS) reported that China’s official purchasing managers’ index (PMI) for […]
